FLIN FLON, MANITOBA—TNW-ACCESSWIRE—June 4, 2014......Copper Reef Mining Corporation (CSE: CZC) (the Company) wishes to announce its new website at www. copperreefmining.com is up and running. The Website has been revamped towards a more modern user friendly site which will continue to be updated on an ongoing basis.
As stated in the March 23, 2014 news release, management's objective, using its project-generator business model, plans to option / joint venture (JV) at least 4 of its 40 projects and sell up to 3 of the 14 royalties it holds on separate properties within the Flin Flon Greenstone Belt. Currently the Company is in discussion with three groups.
Work Permits have been obtained for both the company's Pikoo Diamond Project in Saskatchewan and for the GoldRock Gold Project near Snow Lake Manitoba. We expect to commence work on our Pikoo Project in Saskatchewan shortly.
A third permit application has been recently made for exploration on the Company's "Burn" Copper-Nickel Silver Project in the B.C. Lake area of Manitoba adjacent to Callinex's Gurney Mine Property. In November 2011 a VTEM Electromagnetic Airborne Survey was completed over the Burn Property. The Survey outlined at least seven strong Electromagnetic targets. Two were previously drilled by Hudson Bay Exploration in 1982. One drill hole intersected a formation graphitic sulphide conductor of no economic interest. However, the second intersected copper nickel silver and gold mineralization along a short electromagnetic conductor with a corresponding coincident magnetic anomaly. The hole intersected 70.1 m of an intrusive brecciated fragmental unit within a syenite complex with variable amounts of sulphides --semi sulphides. Seventy two samples were taken from the hole indicating much of it was mineralized with sample assays ranging from trace up to 2.46 % copper, 1.2 % nickel, 10.8 g/t silver and 0.6 g/t. To the north and parallel to this copper-nickel bearing conductor is a longer 1.2 km electromagnetic anomaly also with a corresponding magnetic shoulder. This anomaly which lies within the syenite complex was never drilled and appears to continue onto Callinex's Property to the east. On strike to the west, using magnetics as a marker, the anomaly appears again over a strike length of 300 m beneath B.C. Lake. What may be the flanking extension of the Cu-Ni conductor also occurs here with a similar strike length. Neither of these anomalies beneath the lake have been drilled.
Copper Reef is planning to map and prospect this area this summer with follow up surveys and possibly drilling this winter contingent on results.
Stephen Masson M.Sc., P.Geo. President of Copper Reef is the Qualified Person for the Company and has reviews and approved the contents of this news release.
ABOUT COPPER REEF MINING CORPORATION
Copper Reef is a Canadian junior mineral exploration company with a specific focus on mineral properties in northwest Manitoba and northeast Saskatchewan, Canada. All of the Issuer's properties are currently at the exploration stage. The Issuer has no long-term debt and has assembled a portfolio of base metal and precious metal prospects, including strategic locations in the Provinces of Manitoba and Saskatchewan. The Company is now also looking at diversification.
Copper Reef Mining Corporation
Stephen L. Masson M.Sc. P.Geo.
President & CEO
No stock exchange or securities regulatory authority has reviewed or accepted responsibility for the adequacy or accuracy of this release. Some of the statements contained in this release are forward-looking statements, such as estimates and statements that describe the Issuer's future plans, objectives or goals, including words to the effect that the Issuer or management expects a stated condition or result to occur. Since forward-looking statements address future events and conditions, by their very nature, they involve inherent risks and uncertainties.
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