WTM
Reports 8.57 g/t Gold Over 9.00 Metres from Follow-Up Drilling at Thunder Creek
(Vancouver, March 31, 2008) West
Timmins Mining Inc. (TSX: WTM) announced today that follow-up drilling on the
Company's Thunder Creek Property in Ontario has intersected additional
high-grade gold mineralization over significant widths. Drill hole TC07-43 has returned
an intercept of 8.57 g/t gold over 9.00 metres, intersecting the Rusk Zone 120
metres down-plunge of previously reported hole TC07-36. �Hole TC07-36 returned 24.61 g/t gold over 7.00
metres (NR07-41, December 4, 2007).
A number of other holes intersecting the Rusk Zone
also returned high grade gold assays including 27.21 g/t
gold over 0.90 metres, 8.52 g/t gold over 2.05 metres and 6.33 g/t gold over
2.60 metres. Drilling also intersected new zones of gold mineralization in the
hanging wall volcanic rocks and in the footwall to the Rusk Zone (see table
below). The Rusk Zone remains open down-plunge. Ongoing drilling will continue to
target extensions of the Rusk Zone and the newly identified zones of gold
mineralization.
"The
latest results from the Thunder Creek Property significantly extend the
high-grade Rusk Gold Zone," said Darin Wagner,
President and CEO of West Timmins Mining. "The Rusk Zone continues to
demonstrate excellent grade and thickness. The discovery of additional zones of
gold mineralization in the hanging wall and footwall to the Rusk Zone further
demonstrates the exploration potential of this property."
The new
intersections are located approximately 800 metres southwest of the Timmins
West shaft currently being developed by partner Lake Shore Gold (TSX:LSG).
According to Lake Shore's President Tony Makuch, "These intersections represent
a new dimension to the Thunder Creek Property. The potential of this new
mineralization could significantly impact Lake Shore's development plans, as
they may be accessible from the Timmins West shaft with minimum additional
capital expenses."
During
the fourth quarter of 2007, project operator Lake Shore Gold Corp. advised WTM
they had completed the expenditure requirements to vest a 60% interest in the
Thunder Creek Property. WTM and Lake Shore will now form a joint venture to
move the Thunder Creek Project forward with all future work funded on a pro-rata
60/40 basis (Lake Shore/WTM).
Quality
Control
As the operator,
Lake Shore Gold has a quality control program to ensure best practices in the
sampling and analysis of drill core. Assays have been completed using a
standard fire assay with a 30-gram aliquot. For samples returning a value
greater than three grams per tonne gold another pulp is taken and fire assayed
with a gravimetric finish. Zones with visible gold are tested by pulp metallic
analysis. NQ size drill core is saw-cut and half the drill core is sampled in
standard intervals. The remaining half of the core is stored in a secure
location. The drill core is transported in security-sealed bags for preparation
at ALS Chemex Prep Lab in Timmins, Ontario and the pulps shipped to ALS Chemex
Assay Laboratory in Vancouver, B.C. ALS Chemex is an ISO 9001-2000 registered
laboratory preparing for ISO 17025 certification.
The
Qualified Person ("QP") for the Thunder Creek property is Jacques Samson, P.Geo.,
project geologist for Lake Shore Gold. As QP he has prepared or supervised the
preparation of the scientific or technical information contained in this press
release.
About West Timmins Mining
Inc. (www.westtimminsmining.com):
West Timmins is
focussed on the exploration and development of district-scale gold and related
base metal projects in the major gold camps of North America. WTM currently has
five drills testing high grade gold and base metal targets on its West Timmins
and Monta�a de Oro Projects. West Timmins Mining is based in Vancouver, British
Columbia, Canada and trades on the Toronto Stock Exchange under the symbol WTM.
‐30‐
On behalf of the Board of West Timmins Mining Inc.
"Darin W. Wagner"
Darin
W. Wagner President
and Chief Executive Officer
For further information contact: Darin W. Wagner, President & CEO or Jordann Nettles, Manager, Investor Relations West Timmins Mining Inc., Vancouver Tel: (604) 685-8311 / Toll Free: (866) 685-8311 E-mail: info@westtimminsmining.com
The TSX
has not reviewed and does not accept responsibility for the accuracy or
adequacy of this news release, which has been prepared by management.
For
further details on West Timmins Mining Inc. please refer to prior disclosure at
www.sedar.com. The securities described in this press
release have not been and will not be registered under the United States
Securities Act of 1933, as amended, or under any U.S. state securities laws,
and such securities may not be offered or sold in the United States absent an
exemption from such registration requirements.
This
press release contains forward looking statements within the meaning of
applicable Canadian and U.S.
securities regulation, including statements regarding the future activities of
the Company.� Forward looking statements
reflect the current beliefs and expectations of management and are identified
by the use of words including "will", "expected to", "plans", "planned" and
other similar words. Actual results may differ significantly.� The achievement of the results expressed in
forward looking statements is subject to a number of risks, including those
described in the Company's annual information form as filed with the Canadian
securities regulators which are available at www.sedar.com.� Investors are cautioned not to place undue
reliance upon forward looking statements.
|