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SmallCapNewsRelease: Cannon Exploration CNEX Re-Opens Gold Producing Property


JERICHO, NY--(SmallCapNewsRelease)--March 15th, 2010, Cannon Exploration (OTC: CNEX) announced today that after almost a year of laying dormant, the company has reopened the Queen Alexandra property.

Work was shut down for most of 2009 on the Queen Alexandra property due to the overall economic slowdown, limited cash flow and overall fiscal tightening, but the company has decided to forge ahead with assaying samples.

Due to a compromised sample sent to a lab, new samples are being collected to accurately determine the possible yield from the property and will be released upon the company receiving the data.

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