Vancouver, British Columbia (Newsfile Corp. - September 23, 2016) - Makena Resources Inc. (TSXV: MKN) (FSE: A1KB6R) (OTC: CANSF) (the 'Company' or 'Makena'), is pleased to announce that drilling is now underway on its Clone gold and gold-cobalt property located 12 miles southeast of Stewart in the Golden Triangle region of northwestern British Columbia.
Negar Adam, president of Makena stated, 'We are very optimistic about this drill program. We have had success in this area in past and we look forward to what may transpire on the property in the next few weeks. We are pleased to finally be drilling Makena's most advanced and flagship property once again.'
To date, Makena has achieved significant drill results that returned grades of 12.80 m (42ft) of 44.75g/t (1.305oz/t) gold values including 4.87m (16 ft) of 76.80g/t (2.240oz/t). (October 22, 2009) During another phase of a work program the Company completed a 102 tonne bulk sample from which the average grade was 4 oz/t or 137.1 g/t gold over the 102 individually tested one tonne samples (October 25, 2011).
Makena also recently acquired 4,060 hectares prospective for diamonds in the Athabasca region of Saskatchewan in the direct vicinity of the De Beers' diamond option from CanAlaska Uranium Ltd.
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Contact Information Tel: 1.604.685.5150 Fax: 1(604) 689-1733
'Negar Adam' President
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23.09.2016 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement.
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Company: Makena Resources Inc.
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