Konigsberg CEO Interviewed by WallSt.Net Wednesday September 6, 4:30 pm ET
TORONTO--(MARKET WIRE)--Sep 6, 2006 -- Konigsberg Corporation (OTC BB:KGBC.OB - News) (Frankfurt:F2C.F - News) ("Konigsberg" or the "Company") is pleased to announce that President/CEO Adam Cegielski was interviewed by WallSt.Net to update its shareholders and the investment community. ADVERTISEMENT
CEO Adam Cegielski was interviewed today by an analyst at WallSt.Net, and provided an explanation of the recent exploration program initiated on The Yoquivo Au-Ag property located in Chihuahua State, Mexico ("Yoquivo Au-Ag Property"). Further details regarding exploration plans for the next 12 months were also provided. Other topics included details of the 2,500 hectare property. The Property covers the entirety of a district-scale epithermal Au-Ag system with a number of geological similarities to both producing and high profile exploration projects throughout the Sierra Madre Gold-Silver District.
The Sierra Madre Gold District has over 40,000,000 tonnes of historic Gold production and reserves. The Yoquivo district has been worked recurrently for over 140 years. Between 1908 to 1926, 728,000 grams of gold, and 75 million grams of silver were produced from steeply dipping, siliceous veins in the footwall to the main San Francisco fault/vein. Average grades during this peak production period are reported as 10.9 g/t gold and 1120 g/t silver. In the past bonanza grades were reported of over 200 g/t gold and 19,800 g/t silver. Exploration plans underway include on-going structural, geological and alteration mapping at Yoquivo, fluid inclusion, satellite image analysis and a detailed airborne survey of the Project. These studies will focus on determining the exposure level of the epithermal system at Yoquivo, identifying the structural controls on the known mineralization to better target drilling and on identifying additional exploration targets within the Project area.
Konigsberg's management team was discussed together with its joint venture partner who has had a great deal of experience exploring in Mexico. A Member of the team was instrumental in discovering a number of mineral bodies including new significant ore bodies at existing mines. The team has over 25 years of combined experience in Mexico.
To hear the interview in its entirety, visit www.wallst.net, and click on "Interviews." Interviews require free registration, and can be accessed either by locating the respective company's ticker symbol under the appropriate exchange on the left-hand column of the "Interviews" section of the site, or by entering the respective company's ticker symbol in the Search Archive window. www.wallst.net is owned and operated by WallStreet Direct, Inc., a wholly owned subsidiary of Financial Media Group, Inc. The website is a leading provider of financial news, media, tools and community-driven applications for investors. www.wallst.net offers visitors free membership to its in-depth executive interviews, exclusive editorial content, breaking news, and several proprietary applications. In addition to its website, WallStreet Direct organizes investor conferences, publishes a newspaper, and provides multimedia advertising solutions to small and mid-sized publicly traded companies.
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