Lund, Noront complete VTEM surveys at Lund
Lund Gold Ltd (C:LGD)
Shares Issued 41,083,033
Last Close 9/17/2008 $0.13
Thursday September 18 2008 - News Release
Also Noront Resources Ltd (C:NOT) News Release
Mr. Chet Idziszek of Lund Gold reports
DRILLING PLANNED ON LUND PROPERTY, ONTARIO
Lund Gold Ltd. and Noront Resources Ltd. have provided the following project update on their Lund property in the Ring of Fire area of the James Bay Lowlands, Ontario. Recent VTEM airborne surveys have been completed over the Lund-Noront project area, known as the Lund property. Noront reports that two VTEM airborne geophysical anomalies are being scheduled for immediate follow-up by Noront. The anomalies occur in an area of low magnetic amplitude, one of which is associated with a weak magnetic axis. Ground geophysical surveys (magnetic and VLF), followed by diamond drilling, are planned before freeze-up.
The Lund property consists of 13 claims that total 169 units. For terms of the agreement please refer to Lund news in Stockwatch on Feb. 4, 2008. Upon Lund satisfying the terms of the agreement to earn 50 per cent, a joint venture will be formed with Noront acting as the operator.
To find out more about Lund Gold, please visit the Lund Gold website. To find out more about Noront Resources, please visit Noront's website.
© 2008 Canjex Publishing Ltd.
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