Exploration Program on Hold, Search for Additional Propertiesadmin
November 1, 2013
The Company today reported that due to the latest of the season and the possibility of weather conditions negatively impacting the ability its planned exploration program on the Big Range property management has decided to postpone the program until the spring.
In light of this delay, management has commenced a search for undervalued resource assets, focusing on opportunities that exhibit the potential to generate early cash flow. Management is keeping this search as broad based as possible and has not at this time limited the search to any particular region or metal.
ON BEHALF OF THE BOARD
"Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release."
This document includes forward- looking statements. When used in this document, the words "potential", "plan", "could", "estimate", "expect", "intend", "may", "should", and similar expressions are intended to be among the statements that identify forward-looking statements. Although Savoy believes that their expectations reflected in these forward-looking statements are reasonable, such statements involve risks and uncertainties and no assurance can be given that actual results will be consistent with these forward-looking statements.
Posted: November 1st, 2013 under ACCESSWIRE.