PERTH, Australia--()--CityView Corporation Ltd. (OTCBB:CTVWF) (ASX:CVI) (FWB:C4Z), is pleased to announce it has confirmed heavy mineralised copper zones exist within the Longonjo Metals Project in Angola.
“The company is confident that we are sitting on a significant deposit, so we are keen to complete the 3000m drilling program as soon as possible to quantify the extent of its size.”
These assay results, drawn from selective channel sampling of all of the old exploration adits at the Catabola prospect, will be targeted during the current drilling program.
CityView conducted channel sampling of 4 adits, representing approximately 230m of continuous sampling.
The assay results were very encouraging, with the best results coming from adit 2 which cross-cuts the entire mineralised zone at Catabola.
Sampling revealed an average of 84m at 0.81% copper in adit 2 within which exists a richer zone of 48.2m at 1.21% copper with a peak of 4m at 4.7% copper in one of the breccia zones. For a detail map of the Catabola project and to view the full assay results table, please visit: http://www.cityviewcorp.com/recentframe.html and click on the "SIGNIFICANT COPPER MINERALISATION CONFIRMED AT CATABOLA, SEPTEMBER 24, 2007" link.
CityView’s consulting geologist, Mr David Furlong said, “These obviously are seriously good widths at these grades. The previous surface soil sampling results together with the results from our Phase 1 program are beginning to build a picture suggesting that the mineralisation sits within a corridor about 1km wide and open along strike. What these results give us is increased confidence that we may be seeing a large mineralised envelope with decent widths and grades.”
CityView CEO, Mr Mark Smyth said, “The company is confident that we are sitting on a significant deposit, so we are keen to complete the 3000m drilling program as soon as possible to quantify the extent of its size.”
About Longonjo Metals Project:
The Longonjo Metals Project is situated in Huambo Province in central Angola. The licence covers an area of 3,764 square kilometres and contains two distinct projects that CityView is currently exploring. They include the Longonjo Carbonatite Prospect (Rare-Earth, Phosphate and Niobium) and Catabola Prospect (Copper and Gold).
Mark Smyth Chief Executive Officer
About CityView Corporation
City View Corporation Ltd. is an exploration and development company. It is management’s objective to grow CityView into a significant uranium, beryllium, oil and gas project by developing its interest in Angola. The company trades on the OTCBB market under the symbol “CTVWF” and on the Australian Exchange under the symbol “CVI”. For more information please visit the company’s web site at: www.cityviewcorp.com
Forward-Looking Statements
This news release includes comments that may be deemed forward-looking within the meaning of the safe harbor provision of the U.S. Federal Securities Laws. These include, among other things, statements about expectations of future transactions or events, revenues, and performance. Forward-looking statements are subject to risk and uncertainties that may cause the company’s results to differ materially from expectations. These risks include the company’s ability to complete transactions which remain subject to a due diligence review, obtaining any regulatory approvals, having necessary financing in time to meet contractual obligations, developing appropriate strategic alliances, raising working capital, building a functional infrastructure, and other such risks as the company may identify from time to time. Accordingly, there is no certainty that the company’s plans will be achieved.
