SOURCE: Cigma Metals Corporation

July 19, 2005 14:24 ET

Cigma Metals Corporation Announces That the Company Has Received the Final 43-101 Independent Geologist Report From A.C.A. Howe International.

SEATTLE, WA -- (MARKET WIRE) -- July 19, 2005 -- CIGMA METALS CORPORATION (OTC: CGMV) (the "Company") announces that the Company has received the final 43-101 independent geologist report from A.C.A. Howe International (Toronto) on its Russian properties and is now actively seeking listing on the TSX-Venture Exchange.

The Company has an 80% interest in Haldeiskaja and Tugojakovsk Exploration licences, situated close to the city of Tomsk in the Tomsk Oblast region of Siberia in the Russian Federation.

Exploration to date has delineated a series of large gold anomalies, outlined by geophysics and soil geochemistry, on both project areas, which correlate to placer deposits previously mined by earlier operators.

The Company will initiate a drilling campaign, starting in mid July 2005, designed to follow up the large gold anomalies on the Haldeiskaja and Tugojakovsk Projects. Initial drilling will focus on the Haldeiskaja Project, targeting the Verkhnekamensk anomaly and later in the year the Company will begin testing the large Baturinsk gold anomaly and occurrence on the Tugojakovsk Project.

Cigma Metals Corporation is a mineral exploration and resource-related company whose stock trades under the symbol "CGMV" on the Pink Sheets.


"Lars Pearl"
Lars Pearl
President and Director
This press release includes "Forward-Looking Statements" within the meaning of Section 21E of the United States Securities Exchange Act of 1934, as amended. All statements, other than statements of historical fact, included herein, including without limitation, statements regarding potential mineralization and reserves, exploration results and future plans and objectives of the Company are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations are disclosed under the heading "Risk Factors" and elsewhere in the Company's documents filed from time to time with the United States Securities and Exchange Commission and other regulatory authorities. All dollar amounts are expressed in US dollars unless otherwise stated.

Contact Information

  • For further information contact:
    Lars Pearl
    President and Director
    Telephone: 61-4111-56177

    P.O. Box 73529
    1014 Robson Street
    Vancouver, B.C., Canada V6E 4L9