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Gold/Mining/Energy : Endeavour Mining (EDV.TO, EDVMF) -- Ignore unavailable to you. Want to Upgrade?

To: Madharry who wrote (261)	11/12/2007 10:39:57 AM
From: Madharry	Read Replies (1) \| Respond to of 544

commodities and stocks getting hammered. plg.to down more than 10% after reporting less than encouraging drill results from ghana. but the area is huge. so all is not yet lost there.

To: Madharry who wrote (261)	11/20/2007 3:23:50 AM
From: Madharry	Read Replies (2) \| Respond to of 544

Nov 08, 2007 - Detour Gold Corporation (TSX: DGC) ("Detour Gold" or the "Company") is pleased to report the drill results of an additional 26 holes from its completed Phase I drilling program at its Detour Lake property in northern Ontario. The Company has now released all the assays from Phase I (134 holes totaling 49,322 metres) with excellent and consistent results. As of yesterday, 143 holes totaling 49,222 metres have been completed in Phase II, for a combined total of 277 holes (98,544 metres) thus far in 2007. There are five (5) active drill rigs on site. The objective of the 2007 drilling campaign of 100,000 metres (Phase I and II) is to better define and expand the mineral resource of September 2006, using a 40 metre by 40 metre drill spacing. The September 2006 near-surface resource contained 1.4 million ounces in the indicated category (20.0 million tonnes grading 2.14 g/t) and 2.0 million ounces of gold in the inferred category (35.4 million tonnes grading 1.80 g/t), using a US$450 per ounce gold price and a cut-off grade of 0.85 g/t gold. The current resource is contained within two open pits (West Pit and Calcite Zone), located in the area of the former Detour Lake mine, which produced 1.8 million ounces of gold from 1983 to 1999. The Company is on track for an updated resource, in compliance with NI 43-101, before the end of 2007, which will include the entire Phase I drill results. From the results announced today, 21 holes (DG-07-94, 95, 96A, 101, 106, 108, 110, 112-119, 121-127) were drilled within the West Pit, three holes (DG-07-103, 111, and 116) were drilled in the Gap Zone (between the two US$450 open pits), and two holes (DG-07-68 and 120) were drilled in the Calcite Zone. The best mineralized (uncut) intervals encountered are shown below. West Pit: DG-07-108 DG-07-110 DG-07-114 DG-07-117 57.27 g/t over 5.0 m 14.12 g/t over 6.0 m 5.74 g/t over 10.5 m 26.03 g/t over 25.0 m 1.27 g/t over 64.0 m 1.09 g/t over 62.0 m 4.11 g/t over 23.0 m 1.35 g/t over 56.0 m 13.97 g/t over 5.0 m DG-07-118 DG-07-119 DG-07-121 DG-07-124 16.96 g/t over 10.0 m 1.28 g/t over 75.5 m 4.63 g/t over 11.6 m 8.14 g/t over 12.1 m 1.85 g/t over 31.0 m 2.34 g/t over 27.0 m 4.30 g/t over 11.8 m 1.91 g/t over 29.0 m 2.48 g/t over 110.5 m 5.95 g/t over 8.0 m Gap Zone: DG-07-116 2.09 g/t over 39.3 m alcite Zone: DG-07-120 3.42 g/t over 27.0 m Phase I drilling tested 1.6 kilometres of the known 2.5 kilometres mineralized corridor. The results have confirmed the continuity of the gold mineralization with a 40 metre east-west and 80 metre north-south grid. This first phase of drilling was successful in: * Identifying mineralization between the West Pit and Calcite Zone, referred to as the Gap Zone area; * Showing continuity of mineralized structures along strike and to near-surface; * Converting waste to ore in the West Pit and Gap Zone areas; * Discovering additional mineralized zones in the hanging wall, north of the known 200 metre wide mineralized corridor (i.e. DG-07-46 with 1.86 g/t over 39 m); and * Extending the size of the Calcite Zone. Detour Gold will be using a gold price of US$575 per ounce for its upcoming resource update and will include a comparison to its previous US$450 per ounce base case. The Company is projecting a significant increase in resources to be based on one large-scale open pit. The mineralized corridor remains open west of the Calcite Zone and east of the West Pit along the Sunday Lake Deformation Zone (SLDZ). Both of these target areas will be tested as part of the regional exploration drilling program in 1Q 2008. Detour Gold is also progressing well with its feasibility study work (geotechnical drilling, and metallurgical and comminution testworks).