Campbell Resources confirms the expansion of a mineralized zone at Copper Rand
MONTREAL, May 1 /CNW Telbec/ - Campbell Resources Inc. (TSX: CCH, OTC
Bulletin Board: CBLRF) today reported that its in-depth drilling program at
the Copper Rand mine confirms the expansion of a mineralized zone that runs
parallel to the main ore body now developed to the 4,850 foot level. This new
zone is situated 55 feet south of this main ore body and is currently under
development.
"These drilling results are extremely significant as they add a new
dimension to the main ore body that we are currently developing at the Copper
Rand mine," said André Fortier, Campbell's President and Chief Executive
Officer. "The width and extent of this mineralized zone make it more
attractive for Campbell to continue the ramp down to the 5000 foot level at
the mine and continue with our exploration program at depth."
Hole 469 R 151, with a core length of 8 feet, returned cut grades of
3.54% Cu and 0.036 oz. Au/t at 5,000 feet. Hole 469 R 152, at a lateral
distance of 71 feet from Hole 469 R 151, has a core length of 18.9 feet and
returned cut grades of 4.62% Cu and 0.050 oz. Au/T at the 5,060 foot level.
This mineralized zone had been identified in previous drillings above
level 4790, but the results obtained at that time did not convey the
importance and potential of the zone.
Campbell will continue drilling in the area to further define the extent
of the mineralized zone and to establish estimated yield.
The qualified person, Valère Larouche, ing.-geologist, is the Chief
Geologist for Campbell Resources Inc. Analysis was conducted at the Campbell
Resources laboratory in Chibougamau, Quebec.
Campbell Resources Inc. concentrates on the development and exploitation
of copper and gold mining properties in the Chibougamau region of Quebec. The
geographical grouping of its operations allows the Company to realize
economies of scale and to focus development within access to existing
infrastructures. Campbell's main operations include the Copper Rand and
Merrill mines, the Corner Bay project and the Copper Rand mill. The Company's
headquarters are located in Montreal, Quebec.
Certain information contained in this release contains "Forward-Looking
Statements" within the meaning of the Private Securities Litigation Reform Act
of 1995 and is subject to certain risks and uncertainties, including those
"Risk Factors" set forth in the Campbell's current Annual Report on Form 20-F
for the year ended December 31, 2007. Such factors include, but are not
limited to: differences between estimated and actual mineral reserves and
resources; changes to exploration, development and mining plans due to prudent
reaction of management to ongoing exploration results, engineering and
financial concerns; and fluctuations in the gold price which affect the
profitability and mineral reserves and resources of Campbell. Readers are
cautioned not to place undue reliance on these forward-looking statements,
which speak only as of the date hereof. Campbell undertakes no obligation to
release publicly any revisions to these forward-looking statements to reflect
events or circumstances after the date hereof or to reflect unanticipated
events or developments.
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/For further information: Campbell Resources Inc.: André Fortier,
President and Chief Executive Officer, (514) 875-9037, Fax: (514) 875-9764,
afortier@campbellresources.com; Renmark Financial Communications Inc.: Henri
Perron, hperron@renmarkfinancial.com; Josh Rivard,
jrivard@renmarkfinancial.com, (514) 939-3989, Fax: (514) 939-3717;
www.renmarkfinancial.com/
