Newmac Resources Inc.

Published : November 17th, 2009

Crazy Fox And Moira Update

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Keywords :   Calcium | Coal | Diamond | Gold | Market | Molybdenum | Newmac | Tungsten |

Crazy Fox And Moira Update

November 16, 2009

Newmac Resources Inc. (TSX-V: NER) is updating shareholders on the Crazy Fox project, located about 100 km north of Kamloops BC.

The Company has received results from soil sampling completed on and around The Ace Gold showing which is located in the northern part of the Crazy Fox Property, 2.5 km north of last years drilling on the Crazy Fox project. Approximately 25 km of soil sample lines were completed, with lines spaced 50 meters apart.  Three anomalous areas were discovered with this survey, which were contiguous to each other. They are a northern Au-As soil anomaly, a central polymetallic � Au soil anomaly, and a southern Au-As soil anomaly.  These zones are connected to each other and form a belt approximately 150 meters wide and 1,300 meters long.  This belt is possibly due to structural or stratigraphic control or both as shown by the pattern of topographic features and variation of strontium and calcium in the soil samples collected.  The Company is excited about this new area, and plans are being made for future work programs in this area.

Historic gold mineralization grab samples at the Ace Gold showing assayed 10, 21, 21.5 and 27 grams/tonne gold.  This mineralization has been drilled by one short historic Diamond drill hole, which intersected from 13.4 m to 15.2m  5 grams/tonne gold.  Two additional drill holes have been drilled in the surrounding area with all holes intersecting arsenopyrite mineralization. The mineralization is hosted by argillite rocks which have been brecciated and also veined by quartz � arsenopyrite veins.  Massive sulphide lenses of pyrrhotite-pyrite � arsenopyrite with minor chalcopyrite have also been reported to occur. 

Three Diamond drill holes totaling 610 m have also been completed in an area 750 m southwest of last year�s drilling on the Crazy Fox property.  All Three holes were unable to locate the cause of anomalous molybdenum and tungsten geochemistry in the area, as they did not intersect any of the intrusive rock that was found in float in this area.  The Company has no current plans to assay drill core from these Diamond drill holes.

A magnetometer survey on the Moira Property, located approximately 19 km northwest of Clearwater, British Columbia is underway.  This survey is to adjoin the previous magnetometer survey conducted in 2008.  This survey will cover historical anomalous molybdenum soil samples and a historical geophysical resistivity anomaly.

Technical content of this news has been reviewed by David Bridge, PGeo, a qualified person within the definitions of National Instrument 43-101.

Respectfully submitted
ON BEHALF OF THE BOARD

�David Schmidt�
David Schmidt
President & CFO

This news release contains forward-looking statements within the meaning of the �safe harbour� provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to risks and uncertainties and other factors that may cause Newmac Resources Inc.�s results to differ materially from expectations. These include risks relating to market fluctuations, property performance and other risks.  These forward-looking statements speak only as of the date hereof. 

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release
For Further Information Contact David Schmidt, President at: (604) 688-3113


For further information please contact:

Dale Paruk
Coal Harbor Communications
Telephone: (604) 662-4505
Toll Free: 1-877-345-3399

Email: info@coal-harbor.com

Newmac Resources Inc.

CODE : NER.V
ISIN : CA6515223023
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Contact Cpy

Newmac Resources is a molybdenum and tungsten exploration company based in Canada.

Newmac Resources holds various exploration projects in Canada.

Its main exploration properties are NEWMAC PROJECT, CHILANKO PROPERTY and CRAZY FOX in Canada.

Newmac Resources is listed in Canada and in Germany. Its market capitalisation is CA$ 2.8 millions as of today (US$ 2.2 millions, € 2.0 millions).

Its stock quote reached its lowest recent point on December 24, 2008 at CA$ 0.02, and its highest recent level on November 26, 2010 at CA$ 4.00.

Newmac Resources has 9 716 042 shares outstanding.

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Annual reports of Newmac Resources Inc.
Annual Report 2007
Financings of Newmac Resources Inc.
9/2/2009Arranges $600,000 Private Placement
6/8/2007Arranges $700,000 Private Placement
Nominations of Newmac Resources Inc.
3/31/2008 Appoints Schmidt to President, CFO at Annual General Meetin...
Project news of Newmac Resources Inc.
11/17/2009(Crazy Fox)Crazy Fox And Moira Update
10/19/2009(Crazy Fox)starts diamond drilling at Crazy Fox, BC
9/1/2009(Crazy Fox)completes geochemical survey at Crazy Fox
9/23/2008(Crazy Fox)Drills 78 m (256 ft) of 0.10% MoS2, Mineralization now exten...
4/24/2008(Crazy Fox) High Grade Molybdenum Mineralization now Extends over 250m
3/31/2008(Crazy Fox)Drills 72 Meters of 0.41% Molybdenite, Drilling Continues wi...
1/28/2008(Crazy Fox)Drilling Commences With Two Diamond Drills First Round 2008 ...
1/28/2008(Raft Molybdenum)Raft Molybdenum Property; Optioned Chilanko Results Received
1/10/2008(Fox Molybdenum)Receives Additional Assays - Increases Intersection to 150 M...
1/7/2008(Fox Molybdenum)Reports Partial Assays of 98 Metres Grading 0.33% MoS??2??
11/14/2007(Fox Molybdenum) Drills over 500 Meters of a New Molybdenum Mineralized Zone...
10/30/2007(Chilanko Property) Discovers Red Bed Mineralization at Chilanko
9/14/2007(Chilanko Property)Begins Six-hole Drill Program At Chilanko
Corporate news of Newmac Resources Inc.
2/23/2015Resignation Of Director
2/23/2015IIROC Trading Halt - NER
2/12/2015Current Quote:
2/11/2015Current Quote:
1/13/2015Current Quote:
1/12/2015Current Quote:
8/3/2010to sample and survey Ready Mix property, Clearwater BC
6/15/2010options Ready Mix, buys property near Raft
11/4/2008to Participate in BC Asian Pacific Trade Mission
7/9/2008Drills 212 Metres of 0.08% M0S2 at Crazy Fox - Drilling Cont...
5/28/2008Drills 374 Metres of 0.12% M0S2 at Crazy Fox - Drilling Cont...
4/29/2008Acquires Work Camp: Drilling Continues with Two Diamond Dril...
3/25/2008Closes Financing with Sprott Molybdenum
12/5/2007Arranges $1-Million Financing
11/29/2007Options Moira Molybdenum Property near Clearwater, BC
11/28/2007Negotiates $2.5 Million Financing
8/2/2007Tungsten And Molybdenum Mineralized Area Increases At Crazy ...
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