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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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From: E. Charters	6/27/2006 1:17:06 AM
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Anybody know about this buffaloe? bison pasture "Buffalo Gold Intersects 114.8 m of 4.03 g/t Gold at Mt. Kare Gold Project Pre-feasibility Study expanded and Resource Estimate confirmed Vancouver, B.C., June 26th, 2006 Buffalo Gold Ltd. (TSX-V: BUF.U) is pleased to announce assay results from the first thirteen drill holes from its infill drilling program at the Mt. Kare Gold Project in Papua New Guinea. Highlights of the drill results include: 114.8 metres of 4.03 g/t gold in hole MK06-38 9.1 metres of 13.11 g/t gold in hole MK06-09 (Hole abandoned while still in mineralization due to drill conditions. Buffalo plans to redrill the hole.) 56.0 metres of 3.76 g/t gold in hole MK06-19 A summary of drill intersections can be found below in Table 1. The drilling results confirm the well-mineralised nature of the Western Roscoelite Zone (WRZ) which is the main target of the Mt. Kare project. These drill results will be used in the recalculation of the resource estimate as part of the planned pre-feasibility study. BUFFALO EXPANDS SCOPE OF PRE-FEASIBILITY STUDY Buffalo has now expanded its 2006 drill plans for the Mt. Kare project, increasing the program to 6500 metres to include additional targets. A second diamond drill has been mobilized to the project to speed up the completion of the remaining infill drill holes and to drill step-out and exploration holes. The infill and step-out drilling will concentrate on the Western Roscoelite Zone which is the main target of a planned pre-feasibility study originally scheduled for completion in November 2006. However, the Company believes that there is significant additional mineral potential outside of the Western Roscoelite zone. Buffalo has therefore decided to drill test additional targets defined through the interpretation of geophysical surveys and surface exploration so that they may be included in the pre-feasibility study and in the overall development plan. The plan now is to complete the expanded pre-feasibility study by June 2007, many aspects of which are already underway. MT. KARE RESOURCE AT 1.8 MILLION OUNCES GOLD"

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