Cabo Drilling Corp. announced that BerAlb Sh A has awarded Cabo Drilling Corp., Albania Branch, Tirana, Albania, a 3,500 meter surface drilling contract at its Karma Mine Project. The objective of BerAlb Sh A's drilling program is to delineate ore reserves to reactivate the underground mine at Karma. Cabo will utilize a U-6 surface configured core drill for the program and anticipates drilling to commence January 30, 2012.