Compagnie Miniere Esperance

Compagnie Miniere Esperance

June 25, 2015 17:04 ET

La Compagnie Miniere Esperance (CME) Intersect Visible Gold in Holes S027 at 160.25 Meters and in S028 at 28.8Meters Which Are 200m NE of the Existing Hole S014 on Concession Esperance Site

CAYENNE, FRENCH GUYANA--(Marketwired - June 25, 2015) - La Compagnie Miniere Esperance ("CME" or the "Company") is pleased to announce positive intersection of its on-going drilling campaign on its mining concession Esperance in French Guyana.

Visible gold intersection is at 160.25m core length in S0027 and also in hole S0028 at 28.8m, the holes are drilled South East at -50 degrees on section and extent the mineralization 200 meters NE of the Hole 014 disclosed on June 8th press release.

The core is being log, split and samples are being sent to Filab laboratory in Surinam. The results of the on-going campaign should be available by the end of July early August once received and interpreted. Images of core from hole S027 at 160.25m & S028 at 28.80m.

To view Picture 1: VG in S027 at 160.25m, please visit the following links: http://media3.marketwire.com/docs/VG_S027_160%2c25m_echelle%20(5).JPG

To view Picture 2: VG in S028 at 28.80m, please visit the following links: http://media3.marketwire.com/docs/VG_S028%20-%2028%2c80m%20(2).JPG

The direction of the CME declares: "We are extremely pleased with the results of this on-going diamond drilling program. This continues to demonstrate that the Esperance site contains a World class gold deposit. "

The technical content of this press release was prepared and reviewed by Claude Duplessis P.Eng geological engineer GoldMinds Geoservices Inc., an Independent Qualified Person as defined in NI 43-101 standards.

About CME

CME is a private Guyanese company owner of two mining sites:

  • ESPERANCE in the town of Apatou
  • SAINT ELIE in the town of Saint Elie; the mining title is held by SMSE (Societe des Mines de Saint Elie) 100% subsidiary of CME. This concession was acquired from Golden Star.

For more information on CME visit: www.esperancegoldmine.com/

Contact Information

  • Claude Duplessis P. Eng at GMG
    1-418-653-9559