LAS VEGAS, Feb. 19, 2015 /PRNewswire/ -- Calissio
Resources Group Inc. (OTC: CRGP) is pleased to announce that the
Company has initiated exploration of their Cobre El Desvan copper
mine in Michoacán, Mexico, and
will begin an intensive trenching program. The exploration program
consists of rock and soil sampling, surveying, and a 2000 meter
trenching program. The various ground activities will primarily be
conducted on the geologically favoured north end of the property,
with all samples collected being submitted for assay. Work
has already been initiated at Cobre El Desvan, with equipment
currently being mobilized. This opening phase of exploration is
expected to be completed within 90 days.
"This is the first stage of our exploration program at Cobre El
Desvan, and will provide us with a more comprehensive understanding
of the size and scope of our copper deposit", said Adam Carter, the President & CEO of
Calissio. "At this point in our strategic operational plan, the
priority is towards defining our mineral resource, and further
increasing the overall asset value of the Company."
In addition to the exploration program at Cobre El Desvan, Mr.
Carter stated that Calissio management is currently discussing
plans for expanded exploration at La Jovita, and San Pedro, as well as the options to reward
shareholders through the distribution of a cash and/or stock
dividend.
Adam Carter
President & CEO
Calissio Resources Group Inc.
Calissio Resources Group Inc., focused on the acquisition and
development of base metals projects in Mexico that are
currently in or near production and advanced exploration properties
that will add substantially to the Company's asset foundation.
Management is continuing to actively pursue mineral interests that
represent significant growth, value and cash flow
opportunities.
For additional information, please
visit: http://www.calissioresources.com
This press release contains statements that are forward-looking
and which involve a number of risks and uncertainties. Such
forward-looking statements are within the meaning of that term in
Section 27A of the Securities Act of 1933, as amended and Section
21E of the Securities Exchange Act of 1934, as amended. The
forward-looking statements in question are based on Calissio
Resources Group, Inc.'s current expectations and projections about
future events, based on information currently available.
The forward-looking statements found in this press release may
also include statements relating to Calissio Resources Group,
Inc.'s anticipated financial performance, business prospects, new
developments, strategies, and similar matters. Calissio Resources
Group, Inc. provides no assurance regarding the actual outcome of
the events contemplated by any forward-looking statements included
in this release. Calissio Resources Group, Inc. disclaims any
obligation to update any of its forward-looking statements, except
as may be required by law.
Contact:
Calissio Resources Group Inc.
Investor Relations
+1-702-605-4172
ir@calissioresources.com
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SOURCE Calissio Resources Group Inc.