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Gold/Mining/Energy : Tyhee (Toronto Stock Exchange)
TDC 20.73-4.0%4:00 PM EST

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From: d:oug9/18/2007 6:41:18 PM
   of 695
 
Sept 18 ... diamond drilling campaign underway at Goodwin Lake Property

stockhouse.ca

... diamond drilling has commenced on [Tyhee's] wholly-owned Goodwin Lake Property, 12 km south of its Yellowknife Gold Project, NWT Canada. A diamond drill has been mobilized by helicopter and has commenced drilling the first hole. This drill program is expected to be completed in 14 days.

Four diamond drill holes are planned to test a mafic igneous unit that is exposed for 80 metres in width and up to 350 metres in strike length. Additional holes may be added pending results. Recent mapping shows the mafic unit to contain substantial silicification in the form of irregular and discontinuous quartz veining. Tyhee has identified an 80 metre wide by 120 metre portion of this unit with anomalous gold values. This area is known as the VAD Showing. Thirty four grab samples collected by Tyhee this summer average over 5 gpt gold, strongly influenced by samples of narrow quartz veins (less than 1 metre) in excess of 100 gpt (capped at 100 gpt) and 49 gpt gold. This is consistent with results reported by previous operators...
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