Cabo Drilling Corp.’s U.S. subsidiary Advanced Drilling Inc. has been awarded a contract to drill a minimum of 35,000 feet of surface core drilling on Rio Grande Silver’s San Juan Silver Exploration Project, located north of Creede, Colorado. The initial phase of drilling is designed to test the north extension of the Bulldog vein system which was mined by Homestake Mining Company from...
Cabo Drilling Corp. announces that New Millennium Capital Corp. of Calgary, Alberta, has awarded Cabo’s Ontario division a contract for up to 10,000 meters of reverse circulation drilling on New Millennium’s DSO (Direct Shipping Ore) projects near Schefferville, Quebec. New Millennium’s 2008 summer drilling program, intended to upgrade New Millennium’s historical resources to...
Cabo Drilling Corp.’s Montreal division, Forage Cabo Inc., has been awarded a contract by Labrador Iron Mines Limited, of Toronto, Ontario, to complete 30,000 meters of reverse circulation drilling at Labrador Iron Mines’ Schefferville Project located near Schefferville, Quebec. The purpose of Labrador Iron Mines’ reverse circulation drill program is to provide data for a NI 43-101...
Cabo Drilling Corp., Ontario Division, has signed a drilling contract with International Millennium Mining Corp. (IMMC) for an initial 2,500 meters of diamond drilling near the Waldman mine on IMMC’s Cobalt Area Property in Ontario. The purpose of the program is to test several strong targets identified by a MMI (mobile metal ion) sampling program completed over the Cobalt Area property. The...
Cabo Drilling Corp. is pleased to announce that the common shares of International Millennium Mining Corp. (“IMMC”) the company to which Cabo sold its mineral properties for 10,000,000 units, of which no less than 75% are redistributed to Cabo shareholders, will begin trading on the facility of the TSX Venture Exchange commencing at the opening February 27, 2007 under the trading symbol...