GOLD DEVELOPMENT: Conway completes two holding ponds at Belleterre mine

QUEBEC - Conway Resources of Quebec City has finished installing the geomembranes in two holding ponds at the former Belleterre gold mine 2 km northeast of the village of the same name. The ponds will hold mine water as the underground workings are dewatered. The next step is to fence off the ponds and complete a filtration plant in early December 2011.

The Belleterre deposit was discovered in 1830 by McIntyre Porcupine mines. It operated between 1936 and 1959 at a production rate of 315 t/d with four shafts. The mine produced 800,000 oz of gold, almost all of which came from Vein 12.

Conway began exploring the property in 2008, concentrating on small veins and stringer zones in Veins 14 and 16, both of which are accessible from Shaft No.1.

Additional information and the Belleterre 43-101 report are available at www.Ressources-Conway.com.