Goldmember Minerals Inc. announces start of drilling at Alexis Gold Property



    VANCOUVER, March 3 /CNW/ - Goldmember Minerals Inc. (TSX.V: "GMV") ("the
Company" or "Goldmember") is pleased to announce that it has started drilling
at its 100% owned Alexis Gold property in central British Columbia.
    The drilling will comprise an initial 2,000 metres in up to 8 holes and
will test both high chargeability and high resistivity priority targets over a
4 kilometre long trend. This area has been selected on the basis of favourable
regional-scale features from government airborne magnetic data with
intersecting northwest and northeast trending faults.
    Regional geochemical surveys, both government and private, including
rock, silt till and lake sediment samples show a cluster of anomalous gold,
silver, arsenic, antimony and molybdenum values coincident with the IP
targets. It is anticipated that the drilling will take up to 5 weeks to
complete.
    Wesley Raven, P. Geo., VP Exploration, is the qualified person and takes
responsibility for the technical disclosure in this news release.

    Goldmember Minerals Inc.
    ------------------------
    Goldmember Minerals Inc. is a mineral exploration company focused
primarily on epithermal style gold and silver projects in central British
Columbia. The Company is well financed having recently completed its
qualifying transaction and concurrent financing of C$2,545,000. Goldmember has
amassed a sizeable land position upon which it has completed an extensive
amount of work to date. Recent exploration programs conducted on the 100%
owned Nechako and Alexis Properties have successfully: identified several
corresponding conductivity and related resistivity geophysical anomalies
located at depth which display the characteristics of an epithermal style
mineralized body; confirmed a positive correlation with MMI geochemical
sampling and 3D Induced Polarization results within a favourable geological
setting; and identified numerous priority targets within the claim boundaries
that coincide with regional geophysical trends with coincidental geochemical
anomalies suitable to host further epithermal gold-silver and porphyry
copper-gold style mineralization.

    ON BEHALF OF THE BOARD OF DIRECTORS

    -----------------------------------
    Alistair MacLennan, President

    Statements about the Corporation's future expectations and all other
statements in this press release other than historical facts are "forward
looking statements". Such forward-looking statements are based on numerous
assumptions, and involve known and unknown risks, uncertainties and other
factors, including risks inherent in mineral exploration and development,
which may cause the actual results, performance, or achievements of the
Corporation to be materially different from any projected future results,
performance, or achievements expressed or implied by such forward-looking
statements.

    
        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: Ian Klassen, Vice President/Director, Tel:
(604) 290-5762, Email: klassen@goldmemberminerals.com,
www.goldmemberminerals.com

Organization Profile

GOLDMEMBER MINERALS INC.

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