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| | Wed Jun 7, 2006
Firestone Mobilizes Geology Field Crew to Sonora Gold Project, Yukon
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| | June 7/2006 - Firestone Ventures Inc. (FV:TSX-V) is pleased to announce that the Phase One field program at the Company's Sonora gold-silver-copper property in Yukon, Canada is proceeding on schedule. The geophysical surveying is nearing completion and a geology field crew under the direction of All-Terrane Mineral Exploration Services of Whitehorse, Yukon has mobilized on to the property. The 2,016 hectare (4,980 acre) Sonora property is located within 25 kilometres of a seasonal access road and within 40 kilometres of Sherwood Copper's Minto copper-gold project, currently in development.
In addition, Yukon Energy is considering the development of the Carmacks-Stewart Transmission Project, which would enable the Minto project and others in the area to access surplus grid power rather than rely on diesel generation. A regional map showing Dawson Range mining district and Sonora is at www.firestoneventures.com.
"We are very pleased with this announcement regarding potential development of a new transmission line. Power infrastructure is of critical importance to mining projects. The Dawson Range area, which includes our Sonora property, is a rich mineral belt containing gold, copper, silver and molybdenum deposits including Minto, Carmacks Copper and Casino," says Lori Walton, President of Firestone Ventures. "Expansion of the hydroelectric grid would be a very positive development for the area."
The surface exploration program consists of detailed geological mapping, rock sampling, trench chip sampling and systematic soil sampling. Soil sampling at Sonora will be done at a 50-metre sample spacing across 25.3 kilometres of cut or flagged grid lines covering three major target areas.
The objective of Phase One exploration is to select drill targets for an Autumn, 2006 diamond drilling program currently planned at 11 holes totaling 1,800 metres.
This News Release has been reviewed and approved by Carl Schulze, BSc, PGeo, Qualified Person for the property, in accordance with regulations under National Instrument 43-101. Firestone Ventures is earning an 80% interest in the Sonora property. A fact sheet on the Sonora property, a regional location map and an NI 43-101 compliant Technical Report are available at www.firestoneventures.com.
Firestone Ventures Inc. has a portfolio of high quality zinc, uranium and gold properties. For further information please contact:
Lori Walton, P. Geol., President
Toll Free: 1-888-221-5588
Fax: (780) 428-3476
info@firestoneventures.com
www.firestoneventures.com
Trading Symbol: FV: TSX-V
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release |
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| | You can view the Next News Releases item: Thu Jun 29, 2006, Firestone Ventures Continues Evaluation of Alberta Sun Uranium Project
You can view the Previous News Releases item: Thu Jun 1, 2006, Impressive Zinc Grades from Torlon Hill Drill Program
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