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Cours Or & Argent

Gravity West Mining Corp.

Publié le 16 janvier 2008

CUTS 10.75 METRES OF COPPER-NICKEL-PALLADIUM MINERALIZATION

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GRAVITY WEST MINING CORP.
website : www.gravitywestmining.com
TSX-V: GRW

January 16, 2008
NEWS RELEASE

GRAVITY WEST CUTS 10.75 METRES OF COPPER-NICKEL-PALLADIUM MINERALIZATION

Gravity West Mining Corp. (TSX-V: GRW) is pleased to announce the results o f assaying of diamond drill holes VL07-03A, -04 and -05, drilled to test co nductors under Proterozoic cover rocks on its Voltaire Lake property 175 ki lometres north of Thunder Bay, Ontario. Hole VL07-03A cut 2.0 metres avera ging 0.87% Cu and 0.15% Ni, which is part a larger 10.75 metre sulphide-bea ring zone with individual assays up to 1.05% Cu and 0.43% Ni, averaging 0.3 4% Cu and 0.08% Ni over 10.75 metres. A separate intersection included 1.0 metre of 1.2 grams per tonne palladium (Pd). The discovery of massive and disseminated sulphides was first announced in a news release of November 8 th, 2007.

?Because the basement rocks are covered by 80 to 100 metres of younger ro cks, we are looking at an Archean greenstone belt, right beside a paved hig hway, that has essentially never been explored before. We are very pleased with progress to date, after only a handful of drill holes. The significa nce of this new discovery will become apparent as we drill more. We believ e the area has tremendous potential, not only for nickel, copper and PGE ?s, but for gold and base metal VMS mineralization. This could be the sta rt of a new mining camp?, commented Livio Susin, Gravity West?s Preside nt.

The occurrence of disseminated sulphides with a high palladium/platinum rat io in pyroxenite suggests a relationship between mineralization at Voltaire Lake and the Lac des Iles mine of North American Palladium Ltd., 60 kilome tres to the southwest. The magmatic breccia in hole VL07-03A also shows si milarities to the breccia zones that contain palladium at Lac des Iles. Th e prospectivity of the area for nickel-copper mineralization is further enh anced by the January 8th, 2008 announcement from Kodiak Exploration Ltd. of a new nickel and copper discovery, 105 kilometres to the east (most of the intervening greenstone belt is under Lake Nipigon).

Hole VL07-03A was drilled at -60 degrees to test a 700-metre long airborne VTEM� conductor which sits at the edge of a 1,000 metre by 750 metre oval magnetic anomaly. It was collared to pass through the margin of the magne tic anomaly before hitting the conductor. After penetrating 70 metres of N ipigon diabase sill and 10 metres of Sibley sediments, it cut 106 metres of Archean mafic to ultramafic intrusive rocks, mostly gabbro, including a 13 metre section of pyroxenite containing interstitial sulphides (pyrrhotite and chalcopyrite). A 1.00 metre section of pyroxenite contained 1.22 g/T P d, with anomalous values of associated metals (92 ppb Pt, 34 ppb Au, 470 pp m Cu and 120 ppm Ni).

The conductor was caused by an 18 metre interval of a magmatic breccia, con sisting of a siliceous intrusive rock containing fragments of metavolcanic and metasedimentary rocks as well as gabbro. It contained disseminated to massive pyrite, pyrrhotite and chalcopyrite, with significant nickel and co pper values over a 10.75 metre core length. A 2.00 metre section averaged 0.87% Cu and 0.15% Ni (including 1.00 metre of 1.05% Cu and 0.21% Ni), and another 0.30 metre section contained 0.24% Cu and 0.43% Ni. Table 1 gives complete analytical results for this mineralized zone.

Hole VL07-04 was also drilled to test a separate 700-metre long conductor a pproximately 1 kilometre north of VL07-03A. After passing through 89 metre s of diabase and 10 metres of Sibley sediments, it entered Archean basement rocks including clastic metasediments, mafic volcanics, granodiorite, gabb ro and porphyritic diorite. One 6-metre section of mafic volcanic rock exh ibits intense aluminous alteration with the development of garnet, biotite and muscovite. This type of alteration is often associated with VMS minera lization (as, for example at the former producing Mattabi and Lyon Lake zin c-copper-silver-gold mines at Sturgeon Lake, 130 kilometres west of Voltair e Lake). However, the metal association seen in the analytical results als o indicates an affinity with magmatic nickel-copper-PGE deposits.

A section of massive pyrite-pyrrhotite-chalcopyrite in mafic volcanics from 214.70 to 215.80 metres averaged 0.12% Cu and 0.08% Ni over 1.10 metres, w ith associated anomalous gold (77 and 52 ppb), platinum (204 and 57 ppb) an d palladium (98 and 5 ppb). Further down the hole a 20-metre mineralized i nterval, comprising 8 metres of porphyritic diorite, 6 metres of the heavil y altered mafic volcanics followed by a further 6 metres of porphyritic dio rite, contains disseminated to stringery to locally massive pyrite-pyrrhoti te. Samples from this mineralized zone contained anomalous copper (up to 9 72 ppm), nickel (up to 880 ppm), zinc (up to 906 ppm), gold (up to 70 ppb), platinum (up to 193 ppb) and palladium (up to 166 ppb).

Hole VL07-05 was drilled on a strong one-line airborne conductor. After cu tting 84 metres of diabase and 6 metres of Sibley sediments, it entered Arc hean basement, comprising metagabbro, mafic volcanics, felsic tuff and aggl omerate, quartz-feldspar porphyry and a very siliceous cherty tuff. Dissem inated to massive pyrite-pyrrhotite occurred throughout all the basement ro cks except the metagabbro. Analytical results indicate anomalous copper (u p to 547 ppm), nickel (up to 422 ppm) and platinum (up to 59 ppb). Gold, p alladium and zinc contents were low. Again, the geological environment is prospective for VMS-type mineralization, but the metal association shows an affinity with the nickel-copper-PGE type.

The area around the three drill holes contains 33 separate airborne EM cond uctors and three magnetic anomalies that may indicate mafic and/or ultramaf ic intrusions. Line cutting is under way, which will be followed by ground horizontal loop EM and magnetic surveys to better define the conductors, a nd gravity surveys over magnetic features.

Diamond drilling in the area of hole VL07-03A is expected to recommence sho rtly.


TABLE 1: ANALYTICAL RESULTS DDH VL070-3A MAIN SULPHIDE ZONE
From(metres)To(metres)Length(metres)Cu(%)Ni(%)Au(ppb)Pt(ppb)Pd(ppb)
186.00 187.00 1.00 0.01 0.01 12 22 11
187.00 187.80 1.00 0.41 0.03 10 <15 ><10
187.80 188.80 1.00 0.24 0.03 11 17 <10
188.80 189.55 0.75 0.01 0.02 9 17 <10
189.55 190.55 1.00 0.22 0.02 12 <15 ><10
190.55 190.85 0.30 0.13 0.01 11 <15 ><10
190.85 191.85 1.00 0.41 0.04 12 21 <10
191.85 192.85 1.00 0.00 0.01 <5 21 ><10
192.85 193.85 1.00 0.05 0.02 8 25 13
193.85 194.45 0.60 0.25 0.04 10 <15 ><10
194.45 194.75 0.30 0.24 0.43 16 <15 ><10
194.75 195.75 1.00 0.35 0.20 21 <15 ><10
195.75 196.75 1.00 1.05 0.21 22 <15 ><10
196.75 197.75 1.00 0.69 0.09 49
<15 19>197.75 198.75 1.00 0.05 0.02 6 17 13
198.75 199.75 1.00 0.11 0.02 5 <15 ><10
199.75 200.75 1.00 0.02 0.01 6 <15 ><10
200.75 201.75 1.00 0.01 0.01 8 <15 ><10
201.75 202.75 1.00 0.01 0.01 <5 ><15 ><10
202.75 203.05 0.30 0.01 0.01 11 15 18


Technical information in this news release has been reviewed by Derrick Str ickland, P.Geo., a director of the company and a Qualified Person as define d in NI 43-101. Assay and analytical results quoted in this news release w ere performed by Accurassay Laboratories Ltd. in Thunder Bay, Ontario.

ON BEHALF OF THE BOARD OF DIRECTORS

"Livio Susin"
President and Director

For more information, please contact:

Livio Susin, President & Director
livio@telus.net
phone 604-687-6875

THE TSX VENTURE EXCHANGE HAS IN NO WAY PASSED UPON THE MERITS OF THE CONTEN TS AND HAS NEITHER APPROVED NOR DISAPPROVED OF THE CONTENT OF THIS NEWS REL EASE.

-----------------------

Ferruccio Susin
Gravity West Mining Corp.
#620 - 470 Granville St.
Vancouver, BC, Canada V6C 1V5

T | 604-687-6875
F | 604-689-5508
E | ferruccio@gravitywestmining.com.



Gravity West Mining Corp.

CODE : GRW.V
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Gravity West Mining est une société d’exploration minière d'or et de cuivre basée au Canada.

Gravity West Mining est cotée au Canada et en Allemagne. Sa capitalisation boursière aujourd'hui est 1,3 millions CA$ (1,0 millions US$, 818 228 €).

La valeur de son action a atteint son plus haut niveau récent le 11 janvier 2008 à 0,39 CA$, et son plus bas niveau récent le 06 mars 2009 à 0,01 CA$.

Gravity West Mining possède 85 564 000 actions en circulation.

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Projets de Gravity West Mining Corp.
20/02/2008(Sibley Basin)CUTS MORE SULPHIDE ZONES AND STAKES ADDITIONAL GROUND AT DRA...
22/01/2008(Sibley Basin)RESUMES DRILLING NEW DRAKE HILL COPPER-NICKEL-PGE DISCOVERY ...
Communiqués de Presse de Gravity West Mining Corp.
16/01/2008CUTS 10.75 METRES OF COPPER-NICKEL-PALLADIUM MINERALIZATION
07/01/2008GRW News Release Dec 7, 2008
08/11/2007CUTS MASSIVE SULPHIDES AT VOLTAIRE LAKE
17/10/2007Completes Holland and Hogarth Properties Airborne Survey
25/09/2007program Expands Ground in Sibley Basin Uranium Zone
13/06/2007Dr. Jan Krason Appointed as Senior Technical Advisor
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