CABO DRILLING CORP. 
By
Cabo Drilling Corp. (TSX-V: CBE) ("Cabo
Drilling" or the "Company") announces
that BerAlb Sh A, part of the Ekin Maden Group located
in Istanbul, Turkey, has awarded Cabo Drilling Corp.,
Albania Branch, located in Tirana, Albania, a 3,500
meter surface drilling contract at its Karma Mine
Project.
The objective of BerAlb Sh A's drilling program is
to delineate ore reserves to reactivate the underground
mine at Karma. Cabo will utilize a U-6 surface
configured core drill for the program and anticipates
drilling to commence January 30, 2012.
"We look forward to undertaking this drilling
program with BerAlb Sh A, as it is one of the first
projects approved by the Albanian government since it
changed its mining law two years ago," stated
Terry Aimone, Cabo Albania's General Manager.
"The surface program also represents an
opportunity for Cabo and Ber Alb to visibly demonstrate
our respective commitments to workplace health and
safety and environmental awareness."
About Ekin Maden group (BerAlb Sh A)
Since its inception as a metal trading company in 1982,
Ekin Maden has focused on the trade of non-iron metals
and mineral concentrates of copper, zinc and lead. Ekin
Maden also started to sell lump chrome ore, chrome
concentrates and manganese ore in 2010.
Nesko Metals is part of the Ekin Maden group, and is
located at San.A.S., Buyukdere Cad. USO Center Kat:11
Maslak, Istanbul, Turkey.
About Cabo Drilling Corp. (TSX-V:CBE)
Cabo Drilling Corp. is a drilling services company
headquartered in North Vancouver, British Columbia,
Canada. The Company provides mining specialty
drilling services through its Canadian divisions in
Surrey, British Columbia; Montréal, Quebec; Kirkland
Lake, Ontario; and Springdale, Newfoundland; as well as
Cabo Drilling (Nevada) Inc. of the United States; Cabo
Drilling (Panama) Corp. of Panama, Republic of Panama;
Cabo Drilling Panama-Pacifico Corp. of Panama, Republic
of Panama doing business as Cabo Drilling Colombia
Corp.; Balkan States Drilling SH.P.K. of Tirana,
Albania; and Cabo Drilling (International) Inc.
The Company's common shares trade on the Frankfurt
Exchange under the symbol: DHL and on the TSX Venture
Exchange under the symbol: CBE.
ON BEHALF OF THE BOARD
"John A.
Versfelt"
John A. Versfelt
Chairman, President and CEO
Further information about the Company can be found on
the Cabo website (http://www.cabo.ca) and SEDAR
(www.sedar.com) or by contacting Sheri Barton,
Corporate Communications at 403-217-5830 or Mr. John A.
Versfelt, Chairman, President & CEO of the Company at
604-984-8894.
| distribué par | Ce noodl a été diffusé par Cabo Drilling Corp. et initialement mise en ligne sur le site http://www.cabo.ca. La version originale est disponible ici. Ce noodl a été distribué par noodls dans son format d'origine et sans modification sur 2012-01-31 23:27:37 PM et restera accessible depuis ce lien permanent. Cette annonce est protégée par les règles du droit d'auteur et toute autre loi applicable, et son propriétaire est seul responsable de sa véracité et de son originalité. |
