QUEBEC CITY, May 30, 2011 /CNW Telbec/ - Conway Resources Inc. ("Conway" or the "Corporation") (TSXV: CWY) is pleased to announce that it has receive the certificate of authorization for development work at the Belleterre mining project from Quebec's Ministry of Sustainable Development, Environment and Parks. The Corporation will start construction of the surface facilities this week, beginning with clearing activities and excavation of the holding ponds.
The work described in the application includes using Shaft No. 1 to dewater the mine to a depth of about 300 metres, excavation of a 1,429-metre ramp from surface down to mine level 750, rehabilitation of drifts and crosscuts accessible from the shaft, excavation of 2,000 metres of drifts and crosscuts along with about 20 drill bays, diamond drilling, and extraction of a 10,000-tonne bulk sample from Vein 14 and/or Vein 16 and/or some other structure identified by drilling.
This work will enable the Corporation to delineate the reserves and resources, confirm the expected grades and test the continuity of the mineralized zones, as a prelude to putting the Belleterre Mine into production.
Claude Perreault, Ing, President of Experts Conseils Miniers U/G inc. and a qualified person under NI 43-101, has reviewed the contents of this press release.
About Conway Resources Inc.
Conway is a mining exploration corporation that owns four gold properties and one rare metals property in Quebec. Its main asset is the Belleterre Mine property. The property is the site of the old Belleterre mine, which produced over 800,000 ounces of gold between 1936 and 1959. A total of 2.18 million tonnes of ore at an average grade of 10.73 g/t Au were extracted from the mine, primarily from vein 12 (95% of production). Earlier reports indicate the presence of at least 21 veins on the property.
More information can be found on Conway's website at www.ressources-conway.com.
Forward-Looking Statements
This press release contains certain forward-looking statements that might involve uncertainty, time frames, and/or known and unknown risks beyond the Corporation's control. The Corporation's actual results, performance and achievements may differ materially from the results, performance and achievements implied by such forward-looking statements.
Neither the TSX Venture Exchange Inc. nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange Inc.) accepts responsibility for the adequacy or accuracy of this press release.