CityView Corporation Limited
OTC Bulletin Board : CTVWF
ASX : CVI
FRANKFURT : C4Z

CityView Corporation Limited

November 05, 2007 09:49 ET

CityView Announces Longonjo Metals Project-Drilling Program

PERTH, AUSTRALIA--(Marketwire - Nov. 5, 2007) - CityView Corporation Ltd. (OTCBB:CTVWF)(ASX:CVI)(FWB:C4Z),is pleased to present the proposed drilling programme to test the main prospects currently being explored on the Longonjo Metals Project. Approximately 2,200 metres will be drilled at the Company's Catabola Cu/Au prospect and 800 metres at the Carbonatite prospect using NQ (47.6mm) sized core drilling.

Please go to http://www.cityviewcorp.com/recentframe.html and click on "drilling at Longonjo" for a full scope of the proposed drilling program.

Background:

The Longonjo Metals Project is situated in Huambo Province in central Angola (refer figure 1). The licence is very close to existing key infrastructure. Covering an area of 3,764 square kilometres, it contains two distinct prospects. They are the Longonjo Carbonatite (Rare-Earth, Phosphate and Niobium) and Catabola (Copper and Gold) Prospects.



The current equity partners and their holdings in the Longonjo Metals
Project are:
CityView Corporation Ltd: 51.8% (Operator) : 74% working interest
Petro African Energy plc: 18.2% : 26% working interest
Angolan partners: 30.0%


About CityView Corporation

City View Corporation Ltd. is an exploration and development company. It is managements' objective to grow CityView into a significant uranium, beryllium, oil and gas project by developing its interest in Angola. The company trades on the OTCBB market under the symbol "CTVWF" and on the Australian Exchange under the symbol "CVI". For more information please visit the company's web site at: www.cityviewcorp.com

Forward-Looking Statements

This news release includes comments that may be deemed forward-looking within the meaning of the safe harbor provision of the U.S. Federal Securities Laws. These include, among other things, statements about expectations of future transactions or events, revenues, and performance. Forward-looking statements are subject to risk and uncertainties that may cause the company's results to differ materially from expectations. These risks include the company's ability to complete transactions which remain subject to a due diligence review, obtaining any regulatory approvals, having necessary financing in time to meet contractual obligations, developing appropriate strategic alliances, raising working capital, building a functional infrastructure, and other such risks as the company may identify from time to time. Accordingly, there is no certainty that the company's plans will be achieved.



Mark Smyth
Chief Executive Officer
Level 9, 28 The Esplanade, Perth, Western Australia, 6000
PO Box 5643 St George's Terrace, Perth, Western Australia, 6831
Email: info@cityviewcorp.com
Web: www.cityviewcorp.com

Contact Information

  • Investor Relations USA contact: CityView Corporation Ltd.
    Clinton Joseph
    +1 613 226 5211