TSX VENTURE SYMBOL "MC"
CALGARY, June 6 /CNW/ - MILL CITY GOLD CORP. ("Mill City" and/or the
"Company) and Temex Resources Corp. ("Temex") have been advised that the
recent information announced by Arctic Star Diamond Corp., WSR Gold Inc. and
Metalex Ventures Ltd. (the "Joint Venture") regarding mineralization
intersected while drill testing on anomaly 5.01, James Bay Lowlands, Ontario,
is of interest to the Company and Temex as the drilling operations are taking
place on a property that is adjacent to one of the Mill City/Temex Northern
Star Eagle claim blocks. In a news release dated June 4, 2008, the Joint
Venture reported that "Hole 5.01-06 on north south Section 1+50 East, a 50
meter step out from the previously reported Hole 5.01-01 (see Arctic
Star/WSR/Metalex press release dated May 25, 2008), encountered, in highly
altered felsic volcanics, a strong sulphide zone from 72.7 meters to 167.7
meters (95.0 meters) containing visible copper, zinc, lead and iron sulphide
mineralization in semi to near massive sulphides."
Mill City is focusing its exploration efforts on its option from Temex
Resources Corp. to acquire a 50% interest in approximately 16,000 ha located
in the James Bay Lowlands near the Noront Ni-Cu-PGE discovery. As announced on
April 15, 2008, the airborne geophysical surveys have been completed.
Preliminary data has been received and initial evaluation suggests the
presence of a number of high priority exploration targets similar to the one
that highlights the location of the original Noront Eagle One discovery. These
targets, along with a number of targets that might be caused by mineralization
similar to mineralization reported by the Joint Venture are also currently
being planned as drill targets in the first round of drilling slated to begin
by July 2008.
Bruce Durham, P.Geo., is the designated qualified person responsible for
the preparation of this news release.
ON BEHALF OF THE BOARD OF DIRECTORS
"James R. Brown"
James R. Brown
Chairman, President & CEO
The TSX Venture Exchange does not accept responsibility for the adequacy
or accuracy of this Release.
For further information:
For further information: James R. Brown at (403) 640-0110 or visit the
Company's website at www.millcitygold.com