GeoVenCap Inc. announced that diamond drilling has commenced on its California Lake Silver Project located in northern New Brunswick to further delineate silver zones, called A and B, identified in previous drilling. A contract has been signed with Forages La Virole of Rimouski, Quebec to complete a 2,000 meter drill program. Historical drilling had tested the A Zone over a strike length of 579 meters with intersections reported ranging up to 6,987 g/t Ag. The A Zone remains open down dip and along strike to the northwest and southeast. Hole C-87-21, drilled on the northwest end of the A Zone intersected an estimated true width of 4.1 meters (41.1-45.3 meters down hole) grading 42.4 g/t Ag and 0.35 g/t Au, and 1.7 meters (90.1-91.7 meters down hole) grading 1,450 g/t Ag and 0.42 g/t Au. Hole C-87-28, drilled on the southeast end of the A Zone intersected an estimated true width of 6.1 meters (38.3-45.1 meters down hole) grading 106.2 g/t Ag and 0.15 g/t Au. Silver mineralization has also been identified by limited drilling to the southwest of the A Zone. The B Zone has been intersected by drill hole CL-11-01 that cut 4.0 meters grading 535 g/t Ag, 0.62 g/t Au and C-87-29 that intersected 7.7 meters grading 182 g/t Ag and 0.31 g/t Au. A mineralized zone in CL-04-02 grading 174 g/t Ag and 0.43 g/t Au over 5.3 meters is located approximately 150 meters northwest from the silver zone in CL-11-01 and may also correlate with the B Zone. Due to the paucity of drilling in this area, true widths of drill hole intersections cannot yet be determined.