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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?

To: John McCarthy who wrote (29401)	1/11/2007 1:18:03 PM
From: koan	Read Replies (1) \| Respond to of 78428

RDV: All in all John this is still about zinc. That the new holes have such high PM values is just icing on the cake. That last super rich gold/silver hole might mean they are into something new as it was on the southern most boundary of Big Bull. Greenscreek mine 50 miles away is one of the largest, if not the largest producer's of silver in the US. But it is a zinc mine: I think the ore runs abut 20% zinc 20 oz of silver .18 oz gold and high? lead values. Rich RDV hole pulled outh of Big Bull: Redcorp Ventures Ltd (C-RDV) - News Release Redcorp drills 2.1 m of 28.26 g/t Au, 731.3 g/t Ag 2006-12-07 08:11 ET - News Release Shares issued 112,132,234 RDV Close 2006-12-06 C$ 0.56 Mr. Terence Chandler reports REDCORP VENTURES LTD.: TULSEQUAH PROJECT; ADDITIONAL HIGH GRADE MINERALIZATION AT BIG BULL DEPOSIT Redcorp Ventures Ltd. and Redfern Resources Ltd., its wholly owned subsidiary, have provided additional drill results from Redfern's exploration program on the Big Bull deposit. The Big Bull deposit is located within the Tulsequah project property and is approximately nine kilometres south of the Tulsequah Chief deposit. Results from BB06053, BB06057 and BB06059 have been received and reviewed by company geologists. BB06053 cut 2.1 metres of 28.26 grams per tonne (g/t) Au, 731.30 g/t Ag, 0.63 per cent Cu, 4.66 per cent Pb and 4.86 per cent Zn. This intercept is located at the southern end of the Big Bull trend and remains untested to the south and downdip. SIGNIFICANT NEW BIG BULL EXPLORATION RESULTS Estim- ated true From To Interval width Au Ag Cu Pb Zn Hole ID (m) (m) (m) (m)(i) (g/t) (g/t) (%) (%) (%) BB06053 203.0 204.5 1.5 1.3 3.50 58.81 0.07 1.39 2.85 and 234.9 237.0 2.1 1.5 28.26 731.30 0.63 4.66 4.86 (i) Estimates of true width were calculated based on the angle of mineralization to core axis. Company president, Terry Chandler, stated: "Results from Big Bull, particularly in its southern extension, and the recently discovered new lens of mineralization, continue to exhibit excellent precious metal content. This area will be the focus of follow-up drilling in the spring of 2007 to explore the extensions and correlation of the high-grade intercepts and their potential for definition of a significant resource." 2006 drill program discussion BB06053 was drilled on Section 200N targeting the main Big Bull trend. BB06053 is the southernmost intercept on the main Big Bull trend drilled in 2006, and is 60 metres along strike with the mineralization cut in BB06028. In addition to BB06053, the company has received results for BB06057 and BB06059. BB06057, drilled on Section 400N, cut an altered package of volcanics in the position of east limb mineralization and returned no significant assays. BB06059, drilled on Section 800N, cut a late felsic intrusive and altered volcanics in the west limb mineralization and east limb mineralization positions, respectively. While significant grade mineralization was not intersected, company geologists are encouraged by the predictability of the mineralized horizons, as evidenced by associated alteration. The company is awaiting results for BB06050, BB06055, BB06058 and BB06061. BB06052 was collared prior to BB06053 from the same drill set-up and was abandoned at 60 metres due to drilling difficulties. A long section of the Big Bull deposit is available on the company's website. In addition, the company is also awaiting results from the final holes in the vicinity of the Tulsequah Chief mine including additional step-out holes on the A-zone extension. Quality assurances and controls (QA/QC) For the 2006 drill program, sampling has been conducted and supervised by Redfern geologists using established documented sampling procedures. Samples are shipped directly to Eco-Tech Laboratories in Kamloops for sample preparation, ICP analyses, wet assays for base metals, and fire assays for gold and silver, using industry-standard procedures. The company has a comprehensive QA/QC program in place to ensure sample and assay integrity including field blanks, duplicate samples and standards for base metals, gold and silver. We seek Safe Harbor.