Driven Capital Commences Drilling at White River
June 18 2012 - 9:00AM
PR Newswire (Canada)
TSX Venture Exchange: DVV VANCOUVER, June 18, 2012 /CNW/ - Driven
Capital Corp. ("Driven" or the "Company") is pleased to announce
that diamond drilling has commenced on its 7,002 hectare White
River project in the Tintina Gold Belt, Yukon. Management has
planned an exploratory drill program consisting of approximately
1,500 metres in ten holes, using a heli-portable rig producing NTW
sized core. Top Rank Diamond Drilling Ltd. commenced drilling on
June 16. Core samples produced from the program will be delivered
to ALS Minerals' Whitehorse Minerals Lab for analysis. The design
of this initial campaign is to test the HG and Cool Zones, two
mineralized areas that were outlined in the property's western
portion by prior prospecting, mapping, geochemical rock and soil
sampling, and hand trenching. In the HG Zone, trench TR-HG11-02
yielded a channel sample of 82.2 g/t gold across 1.0 metre; and a
grab and an auger sample from the core portion of the same exposure
returning 214 g/t gold and 129 g/t gold, respectively. The Cool
Zone yielded up to 18.9 g/t gold and 391 g/t silver from surface
rock samples; trenches TR-MB11-03 and TR-CZ11-01 returned samples
of up to 4.24 g/t gold and 595 g/t silver, respectively. Driven can
earn a 60% interest in and to White River subject to a 2% net
smelter return; upon Driven fully exercising its option, a 60/40
joint venture between the Company and optionor Tarsis Resources
Ltd. will be established in order to further explore and develop
White River. U. Peter Kurisoo, CPG, Chief Geologist and a Director
of the Company, is the Qualified Person as defined in National
Instrument 43-101 who has approved the technical content of this
news release. Driven Capital Corp. is deploying its accomplished
technical and management team toward the exploration of its
portfolio of highly prospective precious metals projects in the
Yukon and British Columbia. On Behalf of the Board of Directors of
Driven Capital Corp. "Toma Sojonky" Toma Sojonky, President &
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 Statement Regarding
Forward-Looking Information: All statements, trend analysis and
other information contained in this press release relative to
markets about anticipated future events or results constitute
forward-looking statements. Forward-looking statements are often,
but not always, identified by the use of words such as "seek",
"anticipate", "believe", "plan", "estimate", "expect" and "intend"
and statements that an event or result "may", "will", "should",
"could" or "might" occur or be achieved and other similar
expressions. Forward-looking statements are subject to business and
economic risks and uncertainties and other factors that could cause
actual results of operations to differ materially from those
contained in the forward-looking statements. Forward-looking
statements are based on estimates and opinions of management at the
date the statements are made. The Company does not undertake any
obligation to update forward-looking statements even if
circumstances or management's estimates or opinions should change.
Investors should not place undue reliance on forward-looking
statements. Driven Capital Corp. CONTACT: please contact Toma
Sojonky, President & CEO, at (604) 569-0799,orvisit
www.DrivenCapital.ca
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