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Gold/Mining/Energy : Tyhee (Toronto Stock Exchange)

TDC 20.71

-4.1%

Nov 4 4:00 PM EST

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From: d:oug	1/29/2007 12:24:38 PM
	of 695

Jan 29 ... acquires two new claim groups stockhouse.ca ... the acquisition of two claim groups adjacent to its wholly-owned BigSky Property, Yellowknife, NWT, Canada in two separate transactions. The two contiguous properties encompass mineralized shear zones within Kam Group volcanic rocks adjacent to the BigSky property and the historic Giant Mine leases. Dave Webb, President and CEO of Tyhee commented, "The addition of these two claim groups further consolidates the north-end of the Giant Mine area around our BigSky Property. The gold mineralization on these newly acquired claims is similar to that which was historically mined in Yellowknife (13 million ounces past production), and lies within the same rocks that were previously mined." Dr. Webb also noted, "These two claim groups host gold-bearing shear zones that the vendors have traced for thousands of metres. The widths of the shear zones (up to 20 metres) and the grades of grab samples collected (up to 51 gpt gold) are very exciting. The area has seen little exploration activity since the 1940's, despite the proximity to the multimillion ounce gold deposits they tie onto." The Claims... (more)

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