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Gold/Mining/Energy : Kodiak Exploration Ltd.

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From: NYBob1	10/21/2007 6:50:22 PM
	of 9

Hercules Gold Property – Drilling Underway - Kodiak has discovered an extensive gold-mineralized system in the Beardmore-Geraldton Gold Camp (4.1 million ounces high grade gold production) near Thunder Bay, Ontario. Quartz-carbonate veins, frequently containing visible gold and sulfides, have been uncovered by trenching over an aggregate strike length of more than 5 kilometres, with strong individual veins up to 11 metres wide and 1 kilometre long. High grade gold mines in the area remain open to depth, and show that the gold mineralization can extend to a depth of more than 1.5 kilometres or greater. Ninety per cent of the exposed strike length at Hercules remains untested, and the system remains open in all directions. With many geological similarities to Red Lake and Kirkland Lake, this discovery fits the model for the classic Archean shear-hosted gold deposits that produce 66% of Canada’s gold. Kodiak now has 100% control of more than 380 square kilometers in this underexplored greenstone belt located between the multi-million ounce Red Lake and Timmins gold camps, and the prospects for further discovery appear to be excellent. kodiakexp.com Welcome to Kodiak Exploration Ltd. SI forum -

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