![]()
2007-11-15 - News Release
Mr. Alexander Helmel reports
NETWORK TO COMMENCE EXPLORATION AT PISTALA
Vancouver, British Columbia : Network Exploration Ltd. (the "Company") (TSX.V: NET) is pleased to announce that Pistala's Phase I Exploration Program is scheduled to commence December 4th, 2007.
Phase I will consist of a series of detailed mapping, soil, and rock sampling, designed to obtain a general understanding of the geological features at Pistala. Approximately 100 samples will be taken from the property from selected outcrops and anomalies targeted by senior geologist Mr. Marco Fernandez-Concha. Data from Phase I will help define targets for subsequent trenching, test pit, and drilling phases of exploration.
The Pistala project is a 1600 hectare copper prospect located east of the major NW-SE trending Incapquio fault system in Southern Peru. It inhabits the same metallogenic belt region as other world class deposits, of which include the Cuajone, Cerro Verde/Santa Rosa, and Topuepala mines. These mines are actively mining copper at grades ranging from 0.3% to 0.74% and lie within the same cretaceous group of rocks as the Pistala property.
Network Exploration Ltd. is a mineral exploration Company committed to building shareholder value through the acquisition of base and precious metal properties in North and South America. For additional information, contact the company at 604 638-7363 (toll free 866 637-5138).
Network Exploration Ltd.
www.networkexploration.com
(604) 638-7363
We seek Safe Harbor.
THE TSX VENTURE EXCHANGE HAS NOT YET REVIEWED AND DOES NOT TAKE RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS NEWS RELEASE. This news release contains certain "Forward-Looking Statements" within the meaning of Section 21E of the United States Securities Exchange Act of 1934, as amended. All statements, other than statements of historical fact, included herein are forward-looking statements that involve various risks and uncertainties. These statements include "characteristics of a gold and copper porphyry system with excellent geological potential". There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations are disclosed in the Company's documents filed from time to time with the British Columbia Securities Commission and the United States Securities & Exchange Commission.