VANCOUVER, May 29, 2013 /CNW/ - Discovery Harbour Resources
Corp. (TSXV:DHR) ("Discovery" or the "Company") is pleased to
announce that drilling has resumed at the Wabassi VMS Project,
located in Northwestern
Ontario. The program is anticipated to include +1,700m
of drilling to occur principally at Anomaly "E" with the intention
of further testing for conductive mineralization inferred from
surface EM surveys and to test targets inferred from the down-hole
gravity survey reported to the project partners (Discovery (51%)
and Northern Shield Resources Inc. [NRN:V] (49%)) by Abitibi
Geophysics in May, 2013.
The Wabassi Property features a land position
covering 38,720 ha. This District-Size land holding with multiple
volcanogenic massive sulphide (VMS) discoveries, two significant
gold drill intercepts and indications of Cu-Zn-Ag is the most
recent VMS District to be discovered in Canada. The proposed road access to the Cliffs
Natural Resources owned Black Thor chromite deposits in the "Ring
of Fire" passes through the Wabassi Property.
On behalf of the Board,
Ian Graham, President and
CEO
Cautionary Note Regarding Forward-Looking
Statements: This news release contains forward-looking
statements concerning the Company's plans for exploration of the
Wabassi Property, including that the drilling program is
anticipated to include +1,700m of drilling principally at Anomaly
"E". These forward-looking statements are subject to a variety of
risks and uncertainties which could cause actual events or results
to differ materially from those reflected in the forward-looking
statements, including, without limitation, the risk that the
proposed drilling program may not be completed as intended or at
all. Factors which may delay or prevent these forward-looking
statements from being realized include: we may not be able to
raise sufficient funds to complete our intended exploration, keep
our properties or carry on operations; there may be cost overruns;
misinterpretation of data is possible; and we may be unable to
continue exploration due to permitting requirements, weather,
logistical problems, labor or equipment problems or hazards even if
funds are available. Despite encouraging data there may be no
commercially exploitable mineralization on our properties. Such
information contained herein represents management's best judgment
as of the date hereof based on information currently available. The
Company does not intend to update this information, except as
required by law, and disclaims any legal liability to the
contrary.
Neither 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.
SOURCE Discovery Harbour Resources Corp.