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Cresval Capital (TSXV:CRV) released results from its high resolution airborne magnetic and radiometric geophysical survey over its 100% owned MIKE Project

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Cresval Capital (TSXV:CRV) released results from its high resolution airborne magnetic and radiometric geophysical survey over its 100% owned MIKE Project. The 11,100 hectare MIKE Project, formerly known as the Bridge River Project, is located in southwest British Columbia, approximately 235 kilometres, by road, from Vancouver.

Additional Information:

Company: Cresval Capital
Website: http://www.cresval.com/
Stock Symbol: TSXV: CRV
Date Published: Feb 2, 2016
Transcript: Available

Video Transcript:

I’m Samantha Deutscher for InvestmentPitch Media

Cresval Capital (TSXV:CRV) released results from its high resolution airborne magnetic and radiometric geophysical survey over its 100% owned MIKE Project.

The 11,100 hectare MIKE Project, formerly known as the Bridge River Project, is located in southwest British Columbia, approximately 235 kilometres, by road, from Vancouver.

It adjoins Amarc Resources’ (TSXV:AHR) IKE Project, which is the subject of a joint venture with Thompson Creek Metals (TSX:TCM).

Amarc’s IKE porphyry copper-moly-silver discovery in 2014, located only 10 kilometers north of Cresval’s MIKE Project, included drill results of 0.42% copper equivalent, with 0.28% copper, 0.03% moly, and 2.0 grams per tonne silver.

Cresval’s airborne survey indicated the Russnor, Copper Plateau and Windy Copper showings correspond to larger zones of elevated potassium over thorium ratios.

In the central property area, a 1.5 kilometre by 0.75 kilometer wide potassic zone incorporates an open ended 1 kilometre long by up to 600 metre wide copper-silver-gold-moly soil anomaly.

Lee Ann Wolfin, President, stated: “The survey outlines larger areas of porphyry copper potential that incorporate known geochemical targets and mineralization. The drill results recently announced by Amarc Resources from its IKE copper-molybdenum-silver porphyry discovery next door 'with mineralization open to expansion in all lateral directions' indicates that high confidence in our project is justified."

Cresval, a junior copper and precious metals exploration company, is actively involved in three 100% owned projects situated near the productive Bralorne Gold camp in southwestern British Columbia.

Cresval is trading at $0.06 and with 19.5 million shares outstanding, the company is capitalized at $1.2 million.

For more information please visit the company’s website www.cresval.com, or contact Lee Ann Wolfin, President, at 604-913-7788 or email lawolfin@cresval.com..

I’m Samantha Deutscher for InvestmentPitch Media