This mining news about 22,000 Metre Diamond Drill Program Commences On WTM’s Thunder Creek Gold Property in Timmins, Ontario was released in
VANCOUVER, BRITISH COLUMBIA, Aug 5, 2008 (Marketwire via COMTEX News Network) –
West Timmins Mining Inc. (TSX:WTM) has been informed that operator Lake Shore Gold Inc. (TSX:LSG) (”LSG”) has commenced a 36-hole, 22,000 metre diamond drill program on the Company’s Thunder Creek Property located in Timmins, Ontario. Drilling will focus on further expanding and infilling the recently discovered, high-grade Rusk Gold Zone and will also test a number of other high priority gold targets. The Thunder Creek Property, a 40/60 joint venture between WTM and LSG, forms part of the Company’s West Timmins Gold Project which covers over 114 square kilometres of the western extension of the prolific Timmins Gold Camp of Ontario, Canada.
The Rusk Zone has been traced to date for 260 metres down plunge and remains open both up and down plunge. Recent intercepts from the Rusk Zone have included 9.00 metres grading 8.57 g/t gold and 7.00 metres grading 24.61 g/t gold (see NR08-09, March 8, 2008). The Rusk Zone shares a number of geological similarities with the Timmins West gold deposit, located approximately 800 metres to the north, which is currently undergoing advanced exploration and development. It is anticipated that the planned program will allow for preparation of a preliminary resource model for the Rusk Zone upon completion.
“We are very excited to see the resumption of drilling at Thunder Creek as we look to expand one of the most promising new gold discoveries of the last several years in North America’s most prolific gold district,” said Darin Wagner, President and CEO of West Timmins Mining.
In addition to expanding the Rusk Zone, drilling will continue to test the sediment-ultramafic contact, which hosts both the Rusk and Timmins West gold discoveries. The drill program is expected to take 9-12 months to complete with two drill rigs active on the property throughout that period.
Quality Control and Assurance
Geochemical results reported herein have been previously reported and the reader is referred to the Company’s press releases of March 8, 2008 (NR08-09) and December 4, 2007 (NR07-41) for details of Quality Control and Assurance measures undertaken by the Company and LSG. Mr. Darin Wagner (P.Geo), the Company’s President, has acted as the non-independent qualified person for this news release. The qualified person has visited the project site, examined drill intercepts from a number of drill holes and reviewed the available technical information for the project.
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 four drills testing gold and polymetallic targets on its West Timmins and Montana de Oro Projects located in Ontario, Canada and Sonora, Mexico respectively. West Timmins Mining is based in Vancouver, British Columbia, Canada and trades on the Toronto Stock Exchange under the symbol WTM.
On behalf of the Board of West Timmins Mining Inc.
Darin W. Wagner, President and Chief Executive Officer
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.
SOURCE: West Timmins Mining Inc.
West Timmins Mining Inc. Darin W. Wagner President & CEO (604) 685-8311 or Toll Free: 1-866-685-8311 Email: info@westtimminsmining.com Website: www.westtimminsmining.com
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