Calissio Resources Initiates Trenching Program at Cobre El Desvan

LAS VEGAS, Feb. 19, 2015 /PRNewswire/ -- Calissio Resources Group Inc. (OTC: CRGP) is pleased to announce that the Company has initiated exploration of their Cobre El Desvan copper mine in Michoacán, Mexico, and will begin an intensive trenching program. The exploration program consists of rock and soil sampling, surveying, and a 2000 meter trenching program. The various ground activities will primarily be conducted on the geologically favoured north end of the property, with all samples collected being submitted for assay.  Work has already been initiated at Cobre El Desvan, with equipment currently being mobilized. This opening phase of exploration is expected to be completed within 90 days.

"This is the first stage of our exploration program at Cobre El Desvan, and will provide us with a more comprehensive understanding of the size and scope of our copper deposit", said Adam Carter, the President & CEO of Calissio. "At this point in our strategic operational plan, the priority is towards defining our mineral resource, and further increasing the overall asset value of the Company."

In addition to the exploration program at Cobre El Desvan, Mr. Carter stated that Calissio management is currently discussing plans for expanded exploration at La Jovita, and San Pedro, as well as the options to reward shareholders through the distribution of a cash and/or stock dividend.

Adam Carter
President & CEO
Calissio Resources Group Inc.

Calissio Resources Group Inc., focused on the acquisition and development of base metals projects in Mexico that are currently in or near production and advanced exploration properties that will add substantially to the Company's asset foundation. Management is continuing to actively pursue mineral interests that represent significant growth, value and cash flow opportunities.

For additional information, please visit: http://www.calissioresources.com

This press release contains statements that are forward-looking and which involve a number of risks and uncertainties. Such forward-looking statements are within the meaning of that term in Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. The forward-looking statements in question are based on Calissio Resources Group, Inc.'s current expectations and projections about future events, based on information currently available.

The forward-looking statements found in this press release may also include statements relating to Calissio Resources Group, Inc.'s anticipated financial performance, business prospects, new developments, strategies, and similar matters. Calissio Resources Group, Inc. provides no assurance regarding the actual outcome of the events contemplated by any forward-looking statements included in this release. Calissio Resources Group, Inc. disclaims any obligation to update any of its forward-looking statements, except as may be required by law.

Contact:
Calissio Resources Group Inc.
Investor Relations
+1-702-605-4172
[email protected]

SOURCE Calissio Resources Group Inc.

Related Links

http://www.calissioresources.com

WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?

440k+
Newsrooms &
Influencers

9k+
Digital Media
Outlets

270k+
Journalists
Opted In

GET STARTED