News Release
Drill program completed on Greenwood Area Properties
July 18, 2008: Kettle River Resources Ltd. has completed its spring-summer diamond drill program on the company's wholly owned Greenwood area properties. Fourteen NQ2 drill holes, totalling 2551 meters, were drilled. Core logging and sampling is complete, and all samples have been submitted for analyses.
Five holes were drilled at the Minnie Moore showing, to test the at-depth extension of the Minnie Moore zone beneath the thick post-mineral sill that was delineated by the 2007 work program. Drilling also tested a strong multi-element soil geochemical anomaly southwest of the main showing. Drilling has confirmed the structural complexity of the Minnie Moore area, and has added valuable information to assist in unraveling these complexities. At least three separate post-mineral fault sets, often with accompanying post-mineral dykes and sills, are known to occur.
Results from all of the Minnie Moore area drill holes (KRR 08-1 to 08-5) have been received. Epithermal style quartz stockwork breccia veining was intersected in hole KRR 08-1, at depth beneath the thick post-mineral sill, however analytical results were disappointing. A 5.3 meter intercept through the zone of veining (106.0 - 111.3 m) graded 0.27 g/t Au and 77.3 g/t Ag. Within this interval, a 1.6 meter section returned 0.55 g/t Au and 178.5 g/t Ag. There were no results of note from the remaining Minnie Moore drill holes.
Seven holes were drilled at the Battle zone, to test an area of auriferous pyrite-quartz stockwork veinlets and pyrite-quartz shear zones that had been identified by the company's 2007 work program. All seven drill holes successfully intersected multiple sections of mineralization.
The final two drill holes targeted a series of parallel auriferous quartz-sulfide veins at the Stemwinder zone, which were known from historic underground work at the Stemwinder and Brooklyn mines. Both drill holes were successful in intersecting several quartz-pyrite-chalcopyrite veins. The veins remain open on-strike to the northwest and southeast. In the section drilled, they are truncated at depth by post-mineral faulting and dyking, approximately 100 meters vertically below surface.
Results from drill core samples from the Battle and Stemwinder zones have not yet been received and will be released when available.
Drill core was removed from the property twice daily, for logging and sampling in a secure facility in Grand Forks. Sample intervals were determined by mineralization and geology, but generally ranged from 0.5 to 3.0 meters. Core was sawn or split (depending on rock type), with half-core samples shipped to International Plasma Laboratory Ltd. (iPL) in Richmond, B.C., for preparation and analysis by iPL's package P1302. This analytical package involves a 30 element ICP analysis following aqua-regia digestion, and gold analysis by fire assay/AAS finish on a 30 gram sample. iPL is an IS0 9001:2000 certified laboratory. A total of 748 samples were collected during the 2008 drill program. A quality control-quality assurance program was implemented by the company during the drill program, including company inserted blanks and standards at regular intervals.
Linda Caron, M.Sc., P.Eng. is the Qualified Person under NI 43-101 who supervised the 2008 work program and who has reviewed and approved the technical content of this news release.
Contact Larry Widmer (250) 878 5099 or Ellen Clements 1-800 856 3966
On Behalf of the Board,
"Signed"
Ellen Clements, Director
President & CEO
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.