TAD Acquiring Rare Earth Claims in Quebec
In consideration for this acquisition TAD is required to issue two million shares and pay $17,500 upon TSX Venture approval, along with a work commitment of $150,000 in years one, two and three, and $400,000 in year four. A finder's fee may be payable according to TSX Venture guidelines. This transaction is subject to TSX Venture exchange approval.
If you would like to be added to TAD's update list please send an email to info@tadcapital.com
ON BEHALF OF THE BOARD
TAD MINERAL EXPLORATION INC.
Per:
"Conrad Clemiss"
Conrad Clemiss, President
For further information, please contact:
Conrad Clemiss
President, TAD Mineral Exploration Inc.
1604 8999302
www.tadcapital.com
NEITHER 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
TAD Mineral Exploration: Drilling Update
Drill holes have been oriented perpendicular to the strike of the vein and are lined up in a fence pattern spaced at 25 meter intervals to define the extension of known surface mineralization at depth.
DDH-1 was collared on the central portion of the American Boy No. 6 Vein and was drilled to a depth of 277 ft (84.43m). In DDH-1, two polymetallic sulphide bearing quartz-carbonate veins with interval lengths of 2 ft (0.61 m) and 3.8 ft (1.16 m) have been intersected at depths of 158.7-160.7 ft (48.37-48.98m) & 172-175.8 ft (52.32-53.58m) respectively.
Thirteen core samples from DDH-1 with a combined interval length of 46 ft (14.02m) from various depths ranging from 77-263.4 ft, (23.5-80.2m) depth have been submitted to Acme Labs of Vancouver, BC for geochemical analysis.
Jason Gigliotti, a director of TAD stated, "Drilling is progressing on the Hazelton Prospect at this time. Indications to date are what we were hoping to see and we look forward to receiving the assays from the first set of core samples submitted thus far. With only 23,143,200 shares outstanding, any positive drill results could have a positive impact on the company's growth."
The Hazelton South Property is located approximately seven kilometres northeast of Hazleton in the Omineca Mining Division of British Columbia. Access to the property is gained by paved and gravel mining roads, which transect the Hazelton South claims proper. Secondary mining roads provide access to the known mineralized zones.
Gold-silver veins on the Hazelton Property have been exposed on surface for up to 160 meters. Consistently highly anomalous values of up to 9.9 g/t gold, 1115 g/t silver, 1816 ppm Cu, 5.83% Pb, and 4.46% Zn, indicate prime exploration targets.
Andris Kikauka, P.Geo. has reviewed the technical data in this news release.
If you would like to be added to TAD's update list please send an email to info@tadcapital.com
ON BEHALF OF THE BOARD
TAD Mineral Exploration Inc.
Jason Gigliotti, Director
First Drill Program to Commence at Hazleton Prospect
Jason Gigliotti, a director of TAD stated, "We are now entering the most important period of potential growth for TAD. The current drill program marks an important milestone since the company went public, and management is optimistic about the outcome of the program. TAD currently only has 23,143,200 million shares outstanding."
The Hazelton South Property is located approximately seven kilometres northeast of Hazleton in the Omineca Mining Division of British Columbia. Access to the property is gained by paved and gravel mining roads, which transect the Hazelton South claims proper. Secondary mining roads provide access to the known mineralized zones.
Gold-silver veins on the Hazelton Property have been exposed on surface for up to 160 meters. Consistently highly anomalous values of up to 9.9 g/t gold, 1115 g/t silver, 1816 ppm Cu, 5.83% Pb, and 4.46% Zn, indicate prime exploration targets.
Greg Thomson, P. Geo. is the Qualified Person for the Hazelton Prospect and has read and authorized this news release.
If you would like to be added to TAD's update list please send an email to info@tadcapital.com
ON BEHALF OF THE BOARD
TAD CAPITAL CORP.
Per: "Jason Gigliotti"
Jason Gigliotti, Director
For further information, please contact:
Jason Gigliotti
Director, TAD Mineral Exploration
1604 8999302
www.tadcapital.com
NEITHER 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
Next Phase of Drilling to Commence
Jason Gigliotti, a director of TAD stated, "We look forward to the next phase of drilling. The first phase achieved positive results and we are optimistic this next phase will expand and validate what has been achieved so far."
The Hazelton South Property is located approximately seven kilometers northeast of Hazleton in the Omineca Mining Division of British Columbia. Access to the property is gained by paved and gravel mining roads which transect the Hazelton South claims proper. Secondary mining roads provide access to the known mineralized zones.
Gold-silver veins on the Hazelton Property have been exposed on surface for up to 160 meters. Consistently highly anomalous values of up to 9.9 g/t gold, 1115 g/t silver, 1816 ppm Cu, 5.83% Pb, and 4.46% Zn, indicate a prime exploration targets.
If you would like to be added to TAD's update list please send an email to
ON BEHALF OF THE BOARD
TAD CAPITAL CORP.
Per: "Jason Gigliotti"
Jason Gigliotti, Director
For further information, please contact:
Jason Gigliotti
Director, TAD Capital Corp.
1604 8999302
www.tadcapital.com
NEITHER 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
Private Placement Closes
Mr. Conrad Clemiss stated, "Closing this placement will enable the next phase of drilling to commence shortly on our BC gold property."
The units in this private placement will have a hold period that expires on June 9, 2010. In connection with this private placement, TAD paid a total of $34,120 and 341,200 common shares in finders' fees to four finders.
Jim Nelson has been appointed director replacing Mr. Graeme Sewell who will remain on as a consultant.
If you would like to be added to TAD's update list please send an email to
ON BEHALF OF THE BOARD
TAD CAPITAL CORP.
Per: "Conrad Clemiss"
Conrad Clemiss, President
For further information, please contact:
Conrad Clemiss
President, TAD Capital Corp.
1604 8999302
www.tadcapital.com
NEITHER 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