Having overcome delays at FBA 9-14-57-24 W4M the well site construction is in progress now. The Company contracts a coil tubing drilling unit to drill a well to examine the Ellerslie formations. It is likely to begin drilling by next week.
New Pool Wildcat is the exploration hole and plans to assess numerous formations on the way to a target depth of 1116 meters. This site will be drilled to analyze a minimum of two Ellerslie sedimentary channels and lead the way to a three-dimensional seismic survey on portions of Curlew lands. It is expected that several targets will be found.
Operators in the Clear Hills area of Peace River Arch are leading in a significant way in the iron, gold and vanadium project. Presently, they are conducting a 150-hole drilling program. This project is located nearby the Curlew Hotchkiss and Halverson Ridge Alberta land acquisition.
At present, Curlew has acquired an interest in over 800,000 acres of Alberta Metallic and Industrial Minerals exploration permits next to the iron exploration at Clear Hills and based on the achievement of the iron ore and vanadium project exploration; Curlew anticipates to employ the Alberta Geological Survey Open File Report to plan a field study for the upcoming field season.
Aeromagnetic data and geochemistry are assessed presently to plan the most realistic and cost- effective exploration program feasible at Hotchkiss and Halverson.
The Curlew management team works towards generate value for the company in both the energy and minerals fields.