FRANKFURT EXCHANGE: 3G8
VANCOUVER, June 16 /CNW/ - Golden Dawn Minerals Inc. (GOM:TSX-V) has
commenced a geophysical survey and diamond drilling progr am as of June 14th,
2008 on the Link-Catharine gold property located in the Boston-Skead gold
corridor 15-35 km southeast of Kirkland Lake, northeastern Ontario. Drilling
is designed to confirm gold mineralization intersected historically on the
Link-Catharine vein system.
Mineralized intersections grading 6.0 g/t Au over 8.6 m, and 1.91 g/t Au
over 20.4 m were reported from historical drilling that may not represent true
vein widths. Within the intersection grading 6.0 g/t Au over 8.6 m, one core
sample over a 1.10 m interval is comprised of a quartz-vein-flooded zone with
10% fine to coarse pyrite; this sample returned an assay value of 33.99g/t Au
(1.09 oz/ton gold). The current exploration program is designed to confirm and
explore for extensions of this style of mineralization.
A diamond drilling program is being conducted to complement a program of
125 line-km of line-cutting, magnetometer and VLF electromagnetic surveying,
together with selected induced polarization (IP) coverage.
The Link-Catharine gold mineralization occurs within a system of
gold-bearing quartz veins trending northerly through the Link-Catharine,
Central Catharine and 80-Foot Fall properties held under option by Golden
Dawn. This northerly trend is intersected by a cross-trending series of
breaks, providing the setting for the possible development of clusters of
subparallel or reticulated vein systems together with possible pervasive gold
The property is accessible by road and the area has good infrastructure.
The program is scheduled for eight weeks, with results to be reported when
received. This project is being overseen by Ed Kimura, P.Geo., who has
reviewed the contents of this press release.
On Behalf of the Board of Directors,
Golden Dawn Minerals Inc.
THIS PRESS RELEASE WAS PREPARED BY MANAGEMENT WHO TAKES FULL
RESPONSIBILITY FOR ITS CONTENTS. THE TSX VENTURE EXCHANGE NEITHER APPROVES NOR
DISAPPROVES OF THIS PRESS RELEASE. THIS DOCUMENT CONTAINS CERTAIN FORWARD
LOOKING STATEMENTS WHICH INVOLVE KNOWN AND UNKNOWN RISKS, DELAYS, AND
UNCERTAINTIES NOT UNDER THE COMPANY'S CONTROL WHICH MAY CAUSE ACTUAL RESULTS,
PERFORMANCE OR ACHIEVEMENTS OF THE COMPANY TO BE MATERIALLY DIFFERENT FROM THE
RESULTS, PERFORMANCE, OR ACHIEVEMENTS IMPLIED BY THESE FORWARD LOOKING
STATEMENTS. WE SEEK SAFE HARBOR.
For further information:
For further information: Golden Dawn Minerals Inc., 3929 West 30 Avenue,
Vancouver, BC, V6S 1X2, Telephone: (604) 221-8936, Facsimile: (604) 221-8932;
Corporate Communications: Jaime Ashmore, Telephone: (778) 395-8384,