Cuatro Hermanos Drill Program Continues to Delineate Broad Zones of Porphyry Style Cu-Mo Mineralization



    TSX
    Symbol: VGM
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    TORONTO, Feb. 14 /CNW Telbec/ - Virgin Metals Inc. (TSX: VGM) ("Virgin
Metals" or the "Company") presents assay results for an additional eight drill
holes at the Company's 100% owned Cuatro Hermanos copper-molybdenum porphyry
property located 145 km southeast of Hermosillo in Sonora, northern Mexico.
Assay results presented here, for drill holes CHRC13-07 through CHRC20-07,
represent part of an on-going reverse circulation drill program for which
twenty six holes totaling 5,907 meters have been completed.

    Highlights from the drill results include:

    Hole CHRC13-07 with 237.75 m grading 0.247% Cu and 0.014% Mo, including
22.86 m grading 0.725% Cu and 0.02% Mo and hole CHRC15-07 with 181.36 m
grading 0.348% Cu and 0.031% Mo, including 33.53 m grading 0.757% Cu and
0.021% Mo

    Holes CHRC13-07 to CHRC16-07 were drilled within a 1,500 m long x 500 m
wide band of phyllic and silicic hydrothermal alteration located along the
northern and eastern sides of the porphyry complex, in areas historically
called the Sulfate Zone and the Main Zone, respectively. Exploration completed
to date by Virgin Metals suggests that copper-molybdenum mineralization is
continuous between the two zones, and accordingly the present campaign is
aimed at demonstrating this potential continuity, then calculating a resource
for the area. Drill holes CHRC17-07 to CHRC20-07 were sited nearly 2.5 km
further to the west, on a separate porphyry target centered on topographic
promontory known as Moly Hill, over an area historically called the West Zone.
The current program is targeting depths of up to 300 meters, but most holes
were stopped short of this depth due to limitations of the drilling equipment.
    Virgin Metals' President and CEO, Chris Davie, commented, "With nearly
6,000 meters of drilling completed to date, our program has successfully
extended the known limits of mineralization over two distinct porphyry
targets. We recognize that mineralization in the Main and Sulfate Zones is
open along a broad corridor to the east, as well as to the south and at depth.
Notably drill hole CHRC15-07, located at the south end of Main Zone, has
returned some of the best overall Cu and Mo grades seen to date on the
project, and like many of our drill holes it too has bottomed in
mineralization. As well, in some of the RC holes we note that grades improve
appreciably at depth. Although we have completed only four holes in the West
Zone, we are seeing consistently higher moly grades there, and believe that
the area will contribute significantly to the overall resources base at
Cuatro Hermanos. After finishing the RC drilling phase of the exploration
campaign during the next week, and processing data for our recently completed
geophysical survey, we anticipate initiating a 5,000 meter deep core drilling
program during the first half of 2008."

    Assay results for Virgin Metals' drill holes are summarized in Table 1
below:

    Table 1. Reverse Circulation Drilling - Cuatro Hermanos Project

    
    -------------------------------------------------------------------------
    Hole ID  Inclination  Total   From     To   Intercept  True   Cu     Mo
    -------------------------------------------------------------------------
              (degrees)   Depth                         Thickness
                           (m)     (m)     (m)     (m)     (m)    (%)    (%)
    -------------------------------------------------------------------------
    CHRC13-07   -70      272.80   35.05  272.80  237.75  197.28  0.247  0.014
    -------------------------------------------------------------------------
    Including                     35.05   57.91   22.86   21.48  0.725   0.02
    -------------------------------------------------------------------------
    and                          109.73  161.55   51.82   48.69  0.282  0.012
    -------------------------------------------------------------------------
    CHRC14-07   -70      216.41  188.98  216.41   27.43   25.78  0.146  0.003
    -------------------------------------------------------------------------
    CHRC15-07   -70      254.51   73.15  254.51  181.36  170.42  0.348  0.031
    -------------------------------------------------------------------------
    Including                     73.15  106.68   33.53   31.51  0.757  0.021
    -------------------------------------------------------------------------
    CHRC16-07   -85      263.66   60.96   68.58    7.62    7.59  0.159  0.007
    -------------------------------------------------------------------------
    CHRC17-07   -75      131.07    6.10  131.07  126.60  117.43  0.121  0.004
    -------------------------------------------------------------------------
    CHRC18-07   -90      236.22   33.53  236.22  202.69  202.69  0.185  0.016
    -------------------------------------------------------------------------
    Including                     33.53   51.82   18.29   18.29  0.345  0.013
    -------------------------------------------------------------------------
    and                          164.59  236.22   71.63   71.63  0.250  0.021
    -------------------------------------------------------------------------
    CHRC19-07   -90      239.27   33.53  239.27  205.74  205.74  0.174  0.031
    -------------------------------------------------------------------------
    CHRC20-07   -90       80.77       0   80.77   80.77   80.77  0.105  0.038
    -------------------------------------------------------------------------
    Including                         0   41.15   41.15   41.15  0.105  0.052
    -------------------------------------------------------------------------
    

    Mineralization at Cuatro Hermanos is localized primarily in
quartz-sericite-pyrite dominant phyllically altered Lower Tertiary quartz
diorite, granodiorite, and diorite, containing varying amounts of
chalcopyrite, chalcocite, bornite, and molybdenite as disseminations and
veinlet stock works. To date, only a small portion of this large porphyry
system has been evaluated.
    At the beginning of the New Year, drill contractor, Layne de Mexico's
track-mounted RC rig was moved from the West Zone, back east, to the Main Zone
where it has completed another six drill holes (CHRC21-08 through CHRC26-08)
for which assay results are not yet available. A map showing the location of
the drill holes along with other information about the Company and its
projects is available at: www.virginmetals.com.
    Samples of drill cuttings at Cuatro Hermanos are being collected at
1.52 m (5 ft.) intervals, and reduced in size whenever necessary to (ideally)
3 to 4 kg using a Jones riffle splitter. Plastic sample bags are immediately
sealed on-site using pre-numbered security tags. The samples are stored for a
short time at the Company's field office near the project, until they can be
transported by Company personnel to ALS Chemex's sample preparation facility
in Hermosillo. A duplicate pulp and the reject material for all samples are
being securely stored for possible future use. All assay work is being carried
out at ALS Chemex's ISO 9001-2000 certified laboratory in Vancouver, Canada.
Virgin Metals has incorporated quality control measures for the analytical
work including the insertion of standards, blanks, and duplicate samples,
details for which will be made available in a future news release.
    In other news, preliminary results have been received from geophysics
contractor, Zonge Geosciences, for 26 line-kilometers of induced
polarization-resistivity surveying completed last month over the Cuatro
Hermanos porphyry system. The work indicates that large portions of Cerro San
Felipe are underpinned by IP chargeability anomalies, which appear to extend
to great depth and indicate the presence of significant disseminated sulfide
concentrations. Such work will be used to help define targets for the upcoming
core drilling program. Further information will be made available for this
study after the data has been adequately processed and evaluated.
    Exploration at the Cuatro Hermanos project is being supervised by John C.
Spurney, the company's Vice President of Exploration. Mr. Spurney, a qualified
person as defined under the terms of National Instrument 43-101, has reviewed
the contents of this press release.

    About Virgin Metals

    Virgin Metals is a junior exploration and development company; its
projects include two copper-molybdenum porphyry properties in Sonora, northern
Mexico. One of these, Los Verdes, is undergoing a feasibility study and is
expected to evolve rapidly towards production while the other, Cuatro
Hermanos, is presently the focus of an intense exploration effort.

    FORWARD-LOOKING STATEMENTS

    This press release includes certain "forward-looking information" within
the meaning of the Securities Act (Ontario), including, but not limited to,
statements as to timing and extent of exploration programs and the
availability of exploration results. As such, forward-looking information
addresses future events and conditions and so involves inherent risks and
uncertainties, as disclosed under the heading "Risk Factors" and elsewhere in
Virgin Metals documents filed from time to time with the Ontario Securities
Commission and other regulatory authorities. Actual results could differ
significantly from those currently projected as a result of, among those
factors, adverse weather, regulatory changes, delays in receiving permits,
accidents and delays in completing exploration activities not all of which are
in the control of Virgin Metals. The forward-looking information contained
herein is Virgin Metal's reasonable estimate today of future events and
conditions, but no assurance can be given that such events or conditions will
occur.




For further information:

For further information: Valerie Kimball, Investor Relations,
vkimball@virginmetals.com, (303) 703 1210; Renmark Financial Communications
Inc.: Barbara Komorowski, bkomorowski@renmarkfinancial.com; Neil Murray-Lyon,
nmurraylyon@renmarkfinancial.com; Media - Vanessa Napoli,
vnapoli@renmarkfinancial.com; (514) 939-3989, Fax: (514) 939-3717,
www.renmarkfinancial.com

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