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Vancouver, British Columbia – November 29th, 2018 – Sunvest Minerals Corp. (TSX-V: SSS) ("Sunvest Minerals" or the “Company”) is pleased to report the results of the 2018 summer exploration program on its’ Clone Project, located 20 kilometres southeast of Stewart in the Golden Triangle region of northwestern British Columbia.
Company president and chief executive officer, Mike England, stated: "With the discovery of the Southern Glory Prospect and the expansion of the Port 19 and Outbound Showings, it is becoming clear that an expanded and robust mineralizing system is present on the Clone Property. Compilation of the summer program continues, with the integration and correlation with the recently flown airborne geophysical survey, and the earlier long-wave infrared (LWIR) survey. Permitting is underway in preparation for an aggressive drill program for summer 2019."
Ed Kruchkowski, PGeo, a qualified person under National Instrument 43-101, is the independent qualified person responsible for reviewing and approving the technical contents of this press release as they pertain to the Clone property.
All samples were logged and prepared by Sunvest Minerals personnel prior to shipment to MS Analytical’s sample preparation lab in Terrace, B.C. Assays were completed by MS Analytical at their Langley laboratory.
Rock assays are performed as per MS Analytical’s method IMS-117 (20g aliquot), with Au overlimits (>1ppm Au) completed using FAS-111. Soil and silt assays are preformed as per MS Analytical’s method IMS-116 (0.5g aliquot). Ore grade analyses were completed on Pb (STI-8Pb), S (SPM-210), Ag (ICF-6Ag), Cu (ICF-6Cu), Pb (ICF-6Pb), and Zn (ICF-6Zn). The analytical results are verified with the application of industry-standard quality control and quality assurance procedures.
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.
FORWARD LOOKING STATEMENTS: This news release contains forward-looking statements, which relate to future events or future performance and reflect management’s current expectations and assumptions. Such forward-looking statements reflect management’s current beliefs and are based on assumptions made by and information currently available to the Company. Investors are cautioned that these forward looking statements are neither promises nor guarantees, and are subject to risks and uncertainties that may cause future results to differ materially from those expected. These forward-looking statements are made as of the date hereof and, except as required under applicable securities legislation, the Company does not assume any obligation to update or revise them to reflect new events or circumstances. All of the forward-looking statements made in this press release are qualified by these cautionary statements and by those made in our filings with SEDAR in Canada (available at www.sedar.com).