Brookemont Capital Inc.: Work Program Commences at Handeni North Gold Prospect in Tanzania
January 07 2011 - 3:01AM
Marketwired
Brookemont Capital Inc. ("Brookemont" or the "Company")(TSX
VENTURE: BKT)(PINK SHEETS: BKTPF) wishes to announce that it has
been notified by the operator that the work program on its Handeni
North Gold Prospect in Tanzania has now commenced. This first phase
will consist of line cutting, geological mapping, setting up of IP
and mag surveying. (Please visit www.brookemontcapital.com to view
a map) This first phase will assist in determining the highest
priority drill targets on this prospect and it is anticipated to
commence in February.
The Handeni North Gold Prospect consists of a 63.4 square
kilometre gold prospect located in the Handeni Region of Tanzania
("Handeni North Prospect") . Brookemont's property borders Canaco
Resources Inc. (CAN - TSX.V) to the North East, which recently
reported drill intercepts of 48.6 metres of 14.81 g/t gold
(December 6, 2010).
Conrad Clemiss, President of Brookemont stated, "This is a
significant step forward for Brookemont on its flagship property.
Brookemont's property actually directly borders Canaco Resources
discovery, which has propelled Canaco from a year low of $0.36
(February 26, 2010) to a year high of $6.22 (December 31, 2010).
According to the operator, local artesianal miners have been
observed on this prospect currently and in the past. When you
factor this work program and planned drilling to commence now at a
time of near all time highs on gold and with BKT only having
approximately 30 million shares outstanding, clearly the board is
excited about Brookemont's potential corporate growth in 2011."
Brookemont currently has the following projects: (a) quartz
mineral claims in the Yukon bordering Underworld, which was
recently taken over by Kinross Gold Corporation and directly above
the Coffee Discovery from Kaminak; (b) mineral claim blocks in the
Stewart Mining Region of British Columbia bordering Canasia
Industries Corporation's Clone Prospect; (c) mineral claims
prospective for lithium in Northern Ontario; and (d) land in North
Eastern Quebec prospective for REE's. in close proximity to the
Edor REE prospect of Commerce Resources; and now 63 square
kilometres of land in Tanzania bordering Canaco Resources.
Brookemont has approximately 30 million shares outstanding.
The content of this release has been reviewed and approved by
Lawrence Stephenson, PGeo, a qualified person as defined by
National Instrument 43-101.
If you would like to be added to Brookemont's news distribution
list, please send your email address to
info@brookemontcapital.com.
Conrad Clemiss, President, Director
Brookemont Capital Inc.
Neither the TSX Venture Exchange Inc. nor its Regulation Service
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.
Contacts: Brookemont Capital Inc. Conrad Clemiss President,
Director 1604899-9150 info@brookemontcapital.com
www.brookemontcapital.com