Kazax Announces Start of Drilling Programme at Lomonosovskoye
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VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sep 27, 2013) - Kazax Minerals Inc. ("Kazax" or the "Company") (TSX VENTURE:KZX) is pleased to announce the beginning of its diamond drilling programme at the Lomonosovskoye project. The programme will include drilling of approx. 12000m incorporating 19 geotechnical, 9 hydrogeological and 21 exploration holes. The drilling programme is focused on areas of the deposits which are still open and is aimed at upgrading the categorization of mineral resources in the current pit areas. The programme is also aimed at confirming geotechnical and hydrogeological information collected in Soviet times. The drill results are expected to be available by the end of 2013.
The technical information provided in this news release was reviewed and approved by Dr. Juan Camus, the project's Country Manager and a qualified person for the purposes of National Instrument 43-101.
ON BEHALF OF THE BOARD
Trevor Campbell Smith, President & CEO
Forward-Looking Statements
This news release contains forward-looking statements and forward-looking information within the meaning of applicable securities laws. The use of any of the words "expect", "anticipate", "continue", "estimate", "objective", "ongoing", "may", "will", "project", "should", "schedule", "believe", "plans", "intends" and similar expressions are intended to identify forward-looking information or statements. More particularly and without limitation, this news release contains forward looking statements and information concerning the Company s future operations and prospects. The forward-looking statements and information are based on certain key expectations and assumptions made by the Company, including expectations and assumptions concerning equipment and crew availability, and joint venture partner financial capability. Although the Company believes that the expectations and assumptions on which such forward-looking statements and information are based are reasonable, undue reliance should not be placed on the forward looking statements and information because the Company can give no assurance that they will prove to be correct. By its nature, such forward-looking information is subject to various risks and uncertainties, which could cause the Company's actual results and experience to differ materially from the anticipated results or expectations expressed. These risks and uncertainties include, but are not limited to, reservoir performance, labour, equipment and material costs, access to capital markets, interest and currency exchange rates, and political and economic conditions. Additional information on these and other factors is available in continuous disclosure materials filed by the Company with Canadian securities regulators. Readers are cautioned not to place undue reliance on this forward-looking information, which is given as of the date it is expressed in this news release or otherwise, and to not use future-oriented information or financial outlooks for anything other than their intended purpose. The Company undertakes no obligation to update publicly or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by law.
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.
Contact
KazaX Minerals Inc.
+7 7172 99 05 49
+7 7172 99 05 46
info@kazaxmineralsinc.com
www.kazaxmineralsinc.com