Makena Commences Operations at Clone Gold Prospect in the Golden Triangle Region of BC
Vancouver, British Columbia--(Newsfile Corp. - September 15, 2016) - Makena Resources Inc. (TSXV: MKN) (FSE: A1KB6R) (OTC: CANSF) (the "Company" or "Makena") is pleased to announce that drill pad construction is under way on its Clone gold and gold-cobalt property located 12 miles southeast of Stewart in the Golden Triangle region of northwestern British Columbia. Drilling has been contracted to Elite Diamond Drilling of Falkland, BC. Drilling is expected to begin within the coming days.
Negar Adam, president of Makena stated, "We are extremely pleased to once again be working on the Clone. The golden triangle in British Columbia has been the scene of significant news flow this year and we are happy to be working for the first time in many years on this prospect. The Clone Prospect is now and was for many years our highest priority prospect. We are very optimistic about what the next set of drilling may achieve at a time when gold is back in focus on the junior side, especially in the golden triangle."
To date, Makena has achieved significant drill results that returned grades of 12.80 m (42ft) of 44.75g/t (1.305oz/t) gold values including 4.87m (16 ft) of 76.80g/t (2.240oz/t). (October 22, 2009) During another phase of a work program the Company completed a 102 tonne bulk sample from which the average grade was 4 oz/t or 137.1 g/t gold over the 102 individually tested one tonne samples. (October 25, 2011)
Makena also recently acquired 4,060 hectares prospective for diamonds in the Athabasca region of Saskatchewan in the direct vicinity of the De Beers' diamond option from CanAlaska Uranium Ltd.
Makena has now closed on a share purchase agreement with Bachman Lithium Corp. ("Bachman"). The sole asset of Bachman is the Mad Lake Property, which is located in the Abitibi area of Quebec.
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Contact Information
Tel: 1.604.685.5150
Fax: 1(604) 689-1733
"Negar Adam"
President
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