VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug 23, 2017) - Arcus Development Group Inc. (TSX VENTURE:ADG) (Arcus") announces that it has completed the first half of a proposed 20 hole reverse circulation drill program at its wholly-owned Dan Man property. The drill program began on August 5 and will be completed by the end of August, 2017.
The Dan Man property is located immediately north and adjacent to the Goldcorp Inc. ("Goldcorp") Coffee project in the White Gold District of Yukon Territory. The primary focus of the 2017 Dan Man drilling is to test a number of interpreted structural features and gold-in-soil geochemical anomalies along a three kilometer portion of the Kwazulu and Rooibos zones.
Results from the 2017 program will be announced once they have been received and interpreted by the Arcus technical committee.
The technical information in this news release has been prepared and approved by William A. Wengzynowski, P. Eng., a consultant to Arcus and a qualified person for the purposes of National Instrument 43-101.
On behalf of Arcus Development Group Inc.
Ian J. Talbot, President and CEO
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
CAUTIONARY NOTE: This news release contains certain forward-looking information and forward-looking statements within the meaning of applicable securities legislation (collectively "forward-looking statements"). The use of any of the words "will", "will be", "will have", "is expected to" and similar expressions are intended to identify forward-looking statements. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. Such forward-looking statements should not be unduly relied upon. Important factors that could cause actual results to differ materially from the Arcus Development Group Inc.'s expectations are the risks detailed herein and from time to time in the filings made by Arcus Development Group Inc. with securities regulators. Those filings can be found on the Internet at http://www.sedar.com.