2008 drilling also to test Nortoba-Tyson gold veins - Roxmark plans winter drilling, re-opening of Northern Empire Mine



    TORONTO, Nov. 20 /CNW Telbec/ - Roxmark Mines Limited (TSXV - RMK)
(CNQ - RMKL) today announced that it has scheduled a Winter 2007-08 field
drilling program to test the additional known strike length of 1,200 metres
still undrilled on the west extension of the Contact Zone at its Northern
Empire property. The Company also announced that it is planning to reopen the
Northern Empire Mine in late 2008-utilizing existing infrastructure above and
below ground-on the strength of expectations driven by results of historical
and recent drilling on the mine's east extension and by the conclusions of a
2006 geological assessment.
    The Northern Empire Mine was operated successfully by Newmont Mines from
1934 to 1941. The mine was serviced by a shaft to a depth of 2,640 feet and
produced 149,000 ounces of gold from 426,000 tons of ore at a recovered grade
of 0.35 oz/t Au. The on-site 200TPD mill (expandable to 500TPD) was built in
1982 and upgraded and permitted by Roxmark. It processed gold and molybdenum
ores in 2005 and 2006, respectively.
    In 2006, SRK Consulting was commissioned to digitize available drilling
and other information on the mine and to develop a 3D mineralization model
which outlined 150,000 ounces of potential gold resources in the mine area.
The SRK assessment is not NI 43-101 compliant.
    This past summer, Roxmark carried out a limited 26-hole program totaling
2,711 metres on a strike length of just 200 metres located 700 metres east of
the Northern Empire Mine shaft. This was in addition to the 30 holes
(16,805 metres) completed in 1986-1987. Peter Bevan, consulting geologist and
a qualified person under NI 43-101, has calculated the resources above the
diabase sill to the second level (300 feet) only, as per NI 43-101, although
mineralization continues at depth and along the strike. Based on a cut-off
grade of 3g/t and a minimum horizontal width of 0.92 metres, indicated and
inferred resources for 200 metres of strike length of the Contact and Power
zones are as follows:

    
    -------------------------------------------------------------------------
                                           Grade        Grade        Ounces
                            Tonnes       g/t. Au     oz/t. Au       of gold
    -------------------------------------------------------------------------

    -------------------------------------------------------------------------
    Power (Indicated)       12,457         16.72         0.49         6,697
    -------------------------------------------------------------------------
    Contact (Indicated)     32,544         12.24         0.35        12,808
    -------------------------------------------------------------------------

    -------------------------------------------------------------------------
    Power (Inferred)         4,347         19.79         0.58         2,766
    -------------------------------------------------------------------------
    Contact (Inferred)       6,829         14.13         0.41         3,102
    -------------------------------------------------------------------------

    -------------------------------------------------------------------------
    Total Indicated         45,001         13.48         0.39        19,505
    -------------------------------------------------------------------------
    Total Inferred          11,176         16.33         0.48         5,868
    -------------------------------------------------------------------------
    

    Bevan's report states that, in the recent drilling program from 7+00E to
9+00E, the Contact Zone contains three times the tonnage of the Power Zone and
twice the contained ounces of gold for a combined total of 25,373 ounces.
Beyond the 6,000 metres of surface drilling, Bevan's recommendations in the NI
43-101 report, which will be made available shortly, are to dewater the mine,
drift in the two vein structures, conduct an underground bulk sample, and
carry out underground drilling to east and west of the shaft.
    Roxmark is currently choosing a drilling contractor to conduct the winter
program. In addition, it is proceeding with all necessary steps, including
mine planning, permitting, and employee training, to stay on the critical path
toward reopening of the Northern Empire Mine in late 2008.
    The Northern Empire Mine is located in the Town of Beardmore,
approximately 200 km northeast of Thunder Bay and serviced by the Trans-Canada
Highway. Accessibility of all Roxmark properties including the Leitch Gold
Mine (once Canada's richest gold mine) and the Nortoba-Tyson (a new source of
gold and molybdenum) is a strong advantage. Further field work is planned for
both of theses properties in 2008, including drilling of promising gold
showings at the Nortoba-Tyson property.
    "We are very encouraged by results of the limited 2007 Northern Empire
exploration program," said Monir Younan, Roxmark President. "Mineralization
grades are higher than those which historically supported a profitable mining
operation when gold was $35 an ounce and resource totals are impressive given
the small amount of drilling to date.
    "We remain confident that results of the upcoming drilling program will
propel us past the threshold for commercial development of the Northern
Empire, the economics of which are aided substantially by the onsite mill and
existing underground workings," he added.
    "As a Company, our objectives are to bring the Northern Empire
Mine-selected over other Roxmark properties for its low capital cost and
logistical advantages- to commercial production quickly, while continuing to
further delineate resources at other properties both on our own and through
joint ventures."

    About Roxmark Mines

    Roxmark Mines Limited is the leader in gold and molybdenum exploration
and development in the historically significant Geraldton-Beardmore area of
Northwest Ontario. In the last two years, Roxmark has generated cash flow from
bulk-sampled gold and molybdenum processed at its fully-permitted mill and has
the advantage of infrastructure from six formerly highly productive gold mines
located on its properties. These mines previously produced nearly two million
ounces of gold from high grade ore but were closed primarily due to
dramatically lower gold prices at the time and to boundary issues, since
eliminated.
    Further information is available on the Company's website at
www.roxmark.com and on SEDAR under the Company's profile at www.sedar.com.

    Forward-Looking Statements

    This news release includes certain "forward-looking statements". Such
forward-looking statements involve risks and uncertainties. The results or
events predicted in these forward-looking statements may differ materially
from actual results or events. Any forward-looking statement speaks only as of
the date of this news release and, except as may be required by applicable
securities laws, the Company disclaims any intent or obligation to update any
forward-looking statement, whether as a result of new information, future
events or results or otherwise.

    The TSX Venture Exchange has not reviewed and does not accept
    responsibility for the adequacy or accuracy of the content of this news
    release.




For further information:

For further information: Monir Younan, President, Roxmark Mines Limited,
(416) 860-1636, Fax: (416) 360-7355, roxmark@on.aibn.com, www.roxmark.com;
Renmark Financial Communications Inc.: Christine Stewart:
cstewart@renmarkfinancial.com; Barbara Komorowski:
bkomorowski@renmarkfinancial.com, (514) 939-3989, Fax: (514) 939-3717,
www.renmarkfinancial.com

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