Listing (TSXV = LO)
ROUYN-NORANDA, QC, Feb. 5 /CNW Telbec/ - LOUNOR EXPLORATION INC. is
pleased to announce very promising assay results for the first 3 diamond drill
holes at Harker.
The Harker property is located 5 km south of the Destor Porcupine Fault
Zone (DPFZ) host of many important gold mines in the Timmins - Porcupine Gold
Mining Camp ((greater than)65 millions ounces of gold). The Holt McDermot Mine
(1.3 million ounces) and the Harker Halloway Mine (1.4 million ounces) are
located on the DPFZ about 5 km north -northeast of the property.
Hole Meters Grade
---- ------ -----
Hole 1 2.46 8.70 g/t Au
Hole 2 3.65 2.10 g/t Au
Hole 3 First Zone : 1.95 1.7 g/t Au
Second Zone : 4.47 1.6 g/t Au
The gold zone seems to be plunging to the west and is thicker than
expected. The gold values are obtained from a deformation zone included in a
much larger alteration zone.
Lounor plans on conducting a second phase of diamond drilling. First
phase was designed to diamond drill the gold zone at 50 meters vertical depth
over a high grade section of the mineralized zone. The second phase is
designed to diamond drill the gold zone at 100 meters vertical depth over the
high grade section with three holes and two steps out holes to extend the gold
zone at 50 meters vertical depth. The drilling program will start on
February 20, 2008.
Christian Dupont, P. Eng., is the qualified person responsible of the
information contained in this release.
About Lounor Exploration Inc.
Lounor Exploration Inc. is a Canadian-based natural resources company
with mineral holdings in Ontario and Quebec and is currently focused on
exploration in the Abitibi Greenstone Belt. The belt is found in both
provinces of Ontario and Quebec with approximately 33% in Ontario and 67% in
Quebec. The Belt has produced in excess of 180,000,000 ounces of gold,
450,000,000 tonnes of base metal ore over the last 100 years. The Company is
headquartered in Quebec.
LOUNOR EXPLORATION INC. is a publicly traded company on the TSX-Venture
This press release was prepared by LOUNOR EXPLORATION INC. and the TSX
Venture has not reviewed and does not accept responsibility for the
adequacy or accuracy of this release.
For further information:
For further information: Mr. Gilles Fiset, President, 1-800-388-8668,
(819) 797-8668, Fax: (819) 797-6050; Leo Patry, Investor Relations, (514)