Driven Samples 2,770 g/t Silver and Commences Drilling at Lyn
22 Agosto 2011 - 1:00PM
Marketwired
Driven Capital Corp. (TSX VENTURE: DVV) ("Driven" or the "Company")
is pleased to report that it has received preliminary analytical
results from its sampling and trenching program, and has commenced
a shallow drilling program, at its 100% optioned Lyn Silver Project
in the Whitehorse Mining District of the Yukon.
The first 100 samples submitted to ALS Canada Ltd. ("ALS") have
assayed up to 2,770 g/t Ag and 26.3% Zn.
Certain other samples have been certified by ALS to have assayed
greater than 10,000 g/t Ag and greater than 30.0% Pb. The Company
has ordered ALS to re-run these samples in ore grade form, as well
as implement concentrate/titration methods to measure and report
for ultra-high silver and lead grades.
Driven is awaiting assays for the balance of the 157 total rock
samples collected within mineralized zones at surface, from old
trenches, and from the 13 new trenches (approximately 232 linear
meters) excavated and reclaimed by Aurora Geosciences Ltd.
("Aurora") in June and July. Additional rock sample assays and
re-assays will be published as they become available.
The Company also reports that Aurora has commenced a ten-day,
500 to 1,000 meter shallow drilling program within Lyn's historical
high-grade zones. Ten holes, ranging in depth from approximately
25m to 100m are planned, using a Winkie drill. The program is
intended to test down dip and along strike of the veins exposed at
surface in order to determine attitude, morphology and controls on
mineralization. Driven intends to ship drill cores to ALS's North
Vancouver lab with the objective of expediting assays, which will
be announced as they become available.
Aurora, as Driven's agent, is finalizing a Class 3 Permit
application for further exploration activities, which include an
anticipated 2,500m conventional diamond-drilling program within the
historical high-grade silver area, as well as certain peripheral
mineralized zones.
Geologist U. Peter Kurisoo, a Director of the Company, is the
Qualified Person under National Instrument 43-101 responsible for
the technical information in this news release.
Driven is a publicly traded exploration company focused on the
discovery of high-value precious metals deposits in North America.
Please visit the Company's web site at www.DrivenCapital.ca.
On Behalf of the Board of Directors of Driven Capital Corp.
Toma Sojonky, President & CEO
Cautionary Statement Regarding Forward-Looking Information: All
statements, trend analysis and other information contained in this
press release relative to markets about anticipated future events
or results constitute forward-looking statements. Forward-looking
statements are often, but not always, identified by the use of
words such as "seek", "anticipate", "believe", "plan", "estimate",
"expect" and "intend" and statements that an event or result "may",
"will", "should", "could" or "might" occur or be achieved and other
similar expressions. Forward-looking statements are subject to
business and economic risks and uncertainties and other factors
that could cause actual results of operations to differ materially
from those contained in the forward-looking statements.
Forward-looking statements are based on estimates and opinions of
management at the date the statements are made. The Company does
not undertake any obligation to update forward-looking statements
even if circumstances or management's estimates or opinions should
change. Investors should not place undue reliance on
forward-looking statements.
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.
Contacts: Driven Capital Corp. Toma Sojonky President & CEO
(604) 569-0799 www.DrivenCapital.ca
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