February 3, 2005
Announced the results of the first round rock chip sampling program. The recent sampling centers on two areas: 1) the mineralized intrusive breccia zone in the south-central part of the property; and, 2) the veined and altered intrusive complex in the northwest part of the 1,040 hectare property. A total of 35 rock chip samples were collected in the breccia zone. Twenty of the breccia samples were collected as continuous 2 m samples each and average 4.5 g/t Au over the 40 m width, including 16 m averaging 10.8 g/t Au. The lowest grade sample was 2 m of 0.90 g/t Au. Pitting and trenching are planned this month to establish the dimensions of this mineralization. Approximately 2 km to the west-northwest of the breccia, in the veined intrusive complex zone, three contiguous 2 m rock chip samples represent 6 m averaging 0.54 g/t Au. The individual samples assay 10.8 g/t, 0.22 g/t and 0.12 g/t Au. Continuous 2 m chip channel samples will be collected where outcrop is available beneath thin soil cover along a 1 km trail in the area of this anomalous mineralization to establish the continuity of the known mineralization, as well as to discover new mineralization between these outcrops and the mineralized breccia.