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Blue Note Mining is a Canadian mineral exploration and mining company headquartered in Montreal. The company's shares trade on the TSX Venture Exchange under the symbol BNT.

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Message: NR: Blue Note Metals Mobilizes Drillers on Canoe Landing Lake

NR: Blue Note Metals Mobilizes Drillers on Canoe Landing Lake

posted on Sep 22, 2009 11:47PM

Missed this piece of news............

Blue Note Metals Mobilizes Drillers on Canoe Landing Lake - 16 Drill-hole program gets underway
Tuesday September 19, 9:54 am ET

Symbol & Exchange: BNT-TSXV

MONTREAL, Sept. 19 /CNW/ - Blue Note Metals Inc. reports that it has mobilized a drill team on its Canoe Landing Lake property near Bathurst, New Brunswick. Maritime Diamond Drilling Limited of Brookfield, Nova Scotia has been engaged to carry out the program of 7000 metres, totaling as many as 16 holes.

"We are pleased to be moving forward with this drill program on an exploration property that we consider to have excellent potential" said John Martin, Blue Note President. "The overall objective of our exploration program is to locate and develop mineral deposits near our Caribou and Restigouche mines that will commence operations in 2007".

The Canoe Landing Lake property contains a lens of sulphide rock. The sulphide lens appears to be a breccia, made up of blocks of sulphide of varying metal content. It is inferred that the blocks result from the break-up of a pre-existing bedded primary massive sulphide deposit, and that the blocks were then transported some distance, and redeposited where they are now. Many primary bedded massive sulphide deposits are zoned with respect to metal content, and sometimes one or more zones are big enough and rich enough to be economic. However, when mixed together, as they appear to be at Canoe Landing Lake, the overall grade of the deposit outlined to date is too low to be economic. A few thin intersections of bedded sulphides at Canoe Landing Lake indicate that the original deposit, which is the target of this program, had one or more high grade zones.

In other news the company has granted stock options to officers, employees and consultants of the company. A total of 3,060,000 incentive stock options were issued under the company's stock options plan with an exercise price of $0.39 per share. From this number, 1 million options were issued to a senior officer of the company.

Ralph Newson, P.Eng., P.Geo. and Qualified Person has edited and reviewed the technical information contained within this press release.

Blue Note Metals is a mineral exploration and mine development company with properties in New Brunswick. The company's shares trade on the TSX Venture Exchange under the symbol BNT.

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