Goldbrook Secures Five Drills for 2007 Nickel Exploration Program
10:10 EST Monday, March 05, 2007
globeinvestor.com
NOT FOR DISSEMINATION IN THE UNITED STATES
FSC / Press Release
Goldbrook Secures Five Drills for 2007 Nickel Exploration Program
NOT FOR DISSEMINATION IN THE UNITED STATES
Vancouver, British Columbia CANADA, March 05, 2007 /FSC/ - Goldbrook Ventures Inc. (GBK - TSX Venture), (Goldbrook) is pleased to announce that it has contracted five diamond drill rigs for its nickel-copper PGE sulfide exploration program on its properties in the prolific Raglan District, northwest Quebec. All five drills will be provided by Bradley Nuvumiut (Rouyn-Noranda) for a program consisting of 25,000 metres of BQ-size core.
The 25,000 metre drilling program is planned to extend the Getty zone along strike and down dip-down plunge and advance it to a resource category. In addition to Getty, the drill program will test for new mineralized zones below numerous surface showings on the established 18 km long Getty trend and several showings on the sub-parallel but vastly under explored Timtu trend 1 km to the north.
Drilling in 2006 extended the Getty zone to a total of 350 metres along strike and up to 200 metres down dip and plunge. The Getty zone was discovered by Goldbrook in 2004, when an intercept of 49.3 metres at 1.35% Ni, 0.61% Cu and 2.88 g/t PGE (Getty Zone) was drilled under the surface showing. In addition to Getty, the Getty trend includes the Clark, Allard, Sylvie, Hill, Pillow and PAD-1 showings.
Drilling in 2006 in the Timtu target identified a style of breccia-hosted nickel-copper PGE sulfide mineralization that is distinctive compared to other Raglan mineralized zones and sulfide deposits. Timtu therefore represents a newly recognized target type. The Timtu Trend, which includes the Timtu, Ben, Jabba and Echo showings 1 km north of the Getty trend, is a virtually unexplored new trend of mineralization.
Goldbrook would also like to announce that the Company is exhibiting from March 4-7 at the ongoing PDAC Investors Exchange - Mining Investment Show in Toronto. Please visit Booth #2519 for updates on its 2007 exploration program.
Dr. Bill Stone, P.Geo., Vice President Exploration for Goldbrook, and Qualified Person as defined by National Instrument 43-101, is responsible for executing the field program and the preparation of this press release.
FORWARD-LOOKING INFORMATION
This press release contains "forward-looking information" that is based on Goldbrook's current expectations, estimates, forecasts and projections. This forward-looking information includes, among other things, statements with respect to Goldbrook's mineral discoveries, plans, outlook and business strategy. The words "may", "would", "could", "should", "will", "likely", "expect," "anticipate," "intend", "estimate", "intend", "plan", "forecast", "project", "estimate" and "believe" or other similar words and phrases are intended to identify forward-looking information.
Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause Goldbrook's actual results, level of activity, performance or achievements to be materially different from those expressed or implied by such forward-looking information. Such factors include, but are not limited to: uncertainties related to drilling results; the ability to raise sufficient capital to fund exploration; changes in economic conditions or financial markets; changes in prices for Goldbrook's mineral products or increases in input costs; litigation, legislative, environmental and other judicial, regulatory, political and competitive developments; technological or operational difficulties or inability to obtain permits encountered in connection with exploration activities; and labour relations matters.
This list is not exhaustive of the factors that may affect our forward-looking information. These and other factors should be considered carefully and readers should not place undue reliance on such forward-looking information. Goldbrook disclaims any intention or obligation to update or revise forward-looking information, whether as a result of new information, future events or otherwise.
ON BEHALF OF THE BOARD:
(signed) "David Baker," President
For Further Information, please contact: (604) 683-8083
Website: www.goldbrookventures.com
This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.
This press release contains "forward-looking information" that is based on Goldbrook's current expectations, estimates, forecasts and projections. This forward-looking information includes, among other things, statements with respect to Goldbrook's mineral discoveries, plans, outlook and business strategy. The words "may", "would", "could", "should", "will", "likely", "expect," "anticipate," "intend", "estimate", "plan", "forecast", "project" and "believe" or other similar words and phrases are intended to identify forward-looking information.
Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause Goldbrook's actual results, level of activity, performance or achievements to be materially different from those expressed or implied by such forward-looking information. Such factors include, but are not limited to: uncertainties related to drilling results; the ability to raise sufficient capital to fund exploration; changes in economic conditions or financial markets; changes in prices for Goldbrook's mineral products or increases in input costs; litigation, legislative, environmental and other judicial, regulatory, political and competitive developments; technological or operational difficulties or inability to obtain permits encountered in connection with exploration activities; and labour relations matters.
This list is not exhaustive of the factors that may affect our forward-looking information. These and other factors should be considered carefully and readers should not place undue reliance on such forward-looking information. Goldbrook disclaims any intention or obligation to update or revise forward-looking information, whether as a result of new information, future events or otherwise.
THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS PRESS RELEASE.
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Source: Goldbrook Ventures Inc. (TSX-V: GBK)http://www.goldbrookventures.com
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