Posted in | Gold | Mining Business

Anconia Announces Commencement of Drilling at Grenfell Property

Anconia Resources Corp. ("Anconia") is pleased to announce that drilling has commenced at its Grenfell Property near Kirkland Lake which is under option from Cadillac Ventures Inc.

The program will consist of between 600 and 800m of drilling and will target the depth extension of known gold mineralization at the Allen Veins, where the Company sampled 5.955g/t Au over 10.2m, including 7.98g/t over 7.55m on surface in October 2014 in channel sample #15 (see press release dated Dec 1 2014) from the wall rock of the Sylvanite Fault, perpendicular to the Allen Veins. Additionally this drilling program will give the Company's technical team valuable information regarding the geology and structure of the Allen Veins area as well as the Sylvanite Fault.

Mr. Jason Brewster, President and C.E.O. of Anconia commented, "Anconia is pleased to be drilling this gold occurrence, the information that the program will generate will be invaluable to help determine the potential of the Allen Veins area."

Mr. Brian H Newton P.Geo of Minroc Management Ltd. and a "qualified person" pursuant to National Instrument 43-101, has reviewed and approved the technical disclosure in this press release on behalf of the Company.

About Anconia

Anconia is a base and precious metals exploration and development company, which is focused on providing shareholder value through the advancement of its properties in its portfolio. Anconia is undertaking comprehensive exploration programs to determine the potential of its current projects.

Source: http://www.anconia.ca/

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