VANCOUVER, British Columbia, Jan. 24, 2018 (GLOBE NEWSWIRE) -- CRYSTAL EXPLORATION INC. (the “Company” and “Crystal”) (TSXV:CEI) (OTCQB:CYRTF) is pleased to announce that two new mineral claims have been added to the Contwoyto Gold Project located in Nunavut, Canada. The Mineral Claims (named “PN1” and “PN2”) comprise 2184 hectares and are immediately adjacent to Crystal’s Fin 4 Mineral Claim which hosts the Pan Gold Occurrence. The new ground is situated near historical high-grade drill intersections that include DDH-S3-84 grading 35.19 g/t gold over 3.6m (Bow Valley Industries, 1984).
Jim Greig, President & CEO commented, “We are excited to add the prospective gold claims that have the potential to host high-grade gold as evidenced by historical drill results and Crystal’s recent, near surface gold results at the Butterfly Occurence. The new claims and historical gold occurences have potential to host significant gold over multiple, nearby zones.” A location map can be viewed at Crystal’s website.
About Crystal Exploration Inc.
Crystal owns 100% of the Contwoyto Gold Project located south of the Lupin Gold Mine in Nunavut, Canada. Crystal is exploring several high-grade gold occurrences with resource potential. In addition, Crystal owns 100% of three diamond projects located near the past producing Jericho Diamond Mine, Nunavut, Canada. Crystal has identified 6 high priority kimberlite targets that remain untested, which have the potential to yield new diamond discoveries.
Crystal is a Canadian gold & diamond exploration company with its common shares listed for trading on the TSX Venture Exchange. Crystal is backed by proven and seasoned resource sector professionals, who have a track record of advancing exploration projects from grassroots through to production scenarios.
The technical content of this news release has been reviewed and approved by Dean Besserer, P.Geol., the Technical Advisor of the Company and a Qualified Person as defined by National Instrument 43-101.