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

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To: AuBug who wrote (40528)	5/21/2007 12:04:07 AM
From: tman11	Read Replies (1) of 78421

From Sedar web site..... this is the first hole drilled into the Langmuir property Full Description of Material Change – This intersection is from drill hole GCL07-6 recently completed on the Company’s 100% owned Langmuir Property (see table below) and is the first hole drilled to test a cluster of 4 airborne VTEM anomalies on the property. The Langmuir Property is located about 35 km south of Xstrata’s Kidd Creek Metallurgical site in Timmins, Ontario. The Kidd Creek site has a nickel circuit for concentrating ore from Xstrata’s Montcalm nickel mine located over 90 km west of Timmins. The Langmuir property includes over 20 km of ultramafic and mafic flows and sills favourable for hosting nickel, copper and platinum group mineralization (pgm). Less than 50% of this favourable stratigraphy has been flown by the VTEM airborne system with 18 separate clusters of airborne EM anomalies being identified. The current first phase of drilling is designed to test each cluster which are largely covered by overburden or swamp. Hole GCL07-06 was drilled to test a linear trending cluster of airborne EM anomalies that occur across 4 flight lines, spaced 75 metres apart. Two additional EM anomalies are on strike, but slightly offset from the others. The hole was oriented to drill across the EM trend along the flight line azimuth of 325 degrees with a dip angle of -55 degrees. The drill hole intersected a strongly mineralized nickel, copper, and pgm zone occurring within an altered peridotitic komatiitic flow. Nickel mineralization is associated with disseminated, fracture filling, and blebs of sulphides throughout the 72.50 metre core length. Higher values of up to 5.7% nickel occur when sulphide concentrations increase to 30 or 35%. The following table displays weighted average summaries for the mineralized intersection. True width of the zone is not known at this time.

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