Exploring for Gold in the Rainy River and Red Lake districts of Northwestern Ontario

81m @ 5.08 g/t Gold, 28m @ 13.28 g/t Gold, 9m @ 12.88 g/t Gold, 46.6m @ 2.28 g/t Gold plus Bonanza grade Silver (up to 1760 g/t)

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Message: HIGHLIGHTS

Highlights:
• Reported mineralization in this near-surface North Gold Zone is well within open pit parameters and right in line with Rainy River Resources' results at similar depths
• Gold mineralization extended from our western boundary with Rainy River Resources for 150 metres, and mineralization remains open to the east
• Gold encountered in all 12 North Zone holes
• Next holes, RR10-32 and up, currently being drilled to specifically target the high grade gold shoot intersected in reported holes RR10-15 and RR10-18; assays are pending
• Bonanza grade silver assays received from hole RR10-18 totaling 360 g/t Ag over 10 metres including 1760 g/t Ag over 1 metre
• Mapping of Burns and "B" Block properties completed; altered dacite host rocks have been mapped across entire Burns Block indicating strong potential for discovery of additional mineralization to east of current drilling area

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Oct 20, 2010 08:29PM
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