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Gold/Mining/Energy : Tyhee (Toronto Stock Exchange)
TDC 21.59+3.5%Nov 3 4:00 PM EST

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From: d:oug3/6/2008 4:39:18 PM
   of 695
 
Mar 6 ... discovers new gold zone

stockhouse.ca

Tyhee [reports] the results of the initial four drillholes on the Company's wholly-owned Goodwin Lake Property.

Tyhee is pleased to report that all four drillholes returned significant gold values, including 6.422 grams of gold per tonne (gpt) over 6.6 metres (m) in diamond drillhole GL003, including 14.458 gpt gold over 2.7 m, and 11.435 gpt over 1.5 m in diamond drillhole GL002. Broader zones, up to 0.625 gpt gold over 34.9 m (GL001) were encountered.

Dr. D.R. Webb, President & CEO reports, "We are very pleased that the first diamond drillholes ever completed on the VAD Zone have returned such robust results. The geology was determined to be prospective, and preliminary work identified substantial zones of gold enrichment that returned very encouraging results. We feel we may have identified a new centre of mineralization that has never before been recognized." Tyhee has been consolidating properties in the Yellowknife Gold Belt, and has focused on internally generated prospects with significant gold potential. The results suggest the potential exists for a large tonnage Ormsby-style deposit in that the gold is hosted by a silicified, sulphidized and brecciated mafic body. The VAD Zone is 12 kilometres south of the Company's development-stage Yellowknife Gold Project.

From To Thickness Gold Grade
DDH (metres) (metres) (metres) (gpt)
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