May 25 2016
Coventry Resources Inc. ("Coventry" or "the Company") is pleased to announce that personnel and equipment are currently being mobilised to the Company's high-grade Caribou Dome Copper Project in Alaska, USA ("Caribou Dome Project") in order to undertake a substantial program of field-work over the coming months.
Work will include initial drill testing of the high-priority Menel, Guardian and Lense 9 induced polarisation ("IP") targets, which are all located immediately along strike from the 700m-long corridor of mineralisation drilled to date. All three of these targets comprise strong IP anomalies that coincide with outcropping and/or sub-cropping mineralisation and strong copper geochemical anomalies at surface. First-pass ground geophysics data will also be acquired over extensive soil anomalies delineated recently over 7km of strike. Soil sampling will also be undertaken, for the first time, over a relatively unexplored area 11km from the Caribou Dome Deposit, where sediment-hosted copper mineralisation was documented historically.
A bulldozer is being mobilised to site to prepare access tracks and pads for the first drill holes. The camp at the Caribou Dome Project will be re-established at the same time. A drilling contract has been executed, with the first drilling rig scheduled to be mobilised to site early next week; with operations to commence shortly thereafter. It is planned to mobilise a second drilling rig to the Project immediately following completion of a substantial geophysical (IP) survey over the next month. Results from the IP survey will be used to continue to reprioritise drilling targets. The IP survey is expected to commence around the second week of June, once the contracting crew has completed work for another client.
This work program promises to be an exciting phase in the development of the under-explored Caribou Dome Project. There are multiple indications that mineralisation extends well beyond the 700-metre long corridor tested by limited drilling to date.
Mike Haynes
Managing Director and CEO
Qualified and Competent Person
Source: http://www.coventryres.com/