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Minnie Moore Soils Produce Trenching Target
May 22, 2008: Kettle River Resources Ltd. (the “Company”) is pleased to announce that the 2008 diamond drill program has begun on the company’s 100% owned Greenwood Area properties in southern B.C. A total of 4,000 meters of NQ2 drilling is planned. Drilling will test several different targets, including the Minnie Moore, Battle Zone and Stemwinder showings. Hole 08-1 is underway at the Minnie Moore showing.
The Minnie Moore and Battle Zone showings have been described previously (see KRR news release May 7, 2008). The Stemwinder is a historic mine, located immediately north of the past-producing Phoenix copper-gold skarn open pit mine. Several parallel to sub-parallel northwest trending, northeast dipping gold-bearing quartz-sulfide veins occur at the Stemwinder (and on-strike to the northwest in the historic Brooklyn mine). Former workers have referred to the zone encompassing these veins as the “Brooklyn-Stemwinder Gold Trend”. Historic mining at the Stemwinder was not directed at these gold-bearing veins, but rather at a fault-bounded block of copper-gold skarn mineralization. Mining was by underground methods intermittently between 1900 and 1949, and then from a small open pit from 1964-67. The Brooklyn-Stemwinder Gold Trend, and the individual gold-bearing veins, are untested by any modern drilling. A compilation of historic exploration and mining data from the Stemwinder area was undertaken during the winter of 2007. Historical values of 67 g/t Au and 5.5% Cu over 0.23 meters, 13 g/t Au and 8.9% Cu over 0.25 meters, 33.9 g/t Au and 4.2% Cu over 0.15 meters have been returned from exposures of one of the veins in underground workings, as shown on historic plans and reports of the Stemwinder mine. Surface mapping is on-going to define targets for drill testing during 2008.
Results have been received from a soil geochemical survey at the Minnie Moore showing completed earlier this spring. The spring 2008 soil survey was a continuation to the 2007 soil grid, to extend the coverage beyond the area surveyed in 2007. Several new multi-element anomalies were defined by the recent soil survey. Of particular interest is a multi-element (Ag-Au-As-Se-Sb-Cu-Hg) anomaly, 300 meters southeast of the Minnie Moore showing, which is of similar size and tenor to the anomaly at the Minnie Moore showing, and which remains open to the south. Trenching and diamond drilling at the Minnie Moore in 2007 were completed prior to receiving any of the soil geochemical results, and to date, none of the soil geochemical anomalies have been tested. Excavator trenching will commence next week, to test anomalies resulting from the 2007 and 2008 soil surveys.
Linda Caron, M.Sc., P.Eng. is the Qualified Person under NI 43-101 who is supervising the 2008 work program and who has reviewed and approved the technical content of this news release. |
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