Moss definition brightens picture



    TORONTO, July 23 /CNW/ - Moss Lake Gold Mines Ltd. ("Moss Lake") is
pleased to announce preliminary results from its spring drilling program on
the 100% owned Moss Lake deposit located in the Shebandowan greenstone belt
100 kilometres west of Thunder Bay, Ontario, Canada.
    The purpose of the program was to validate historic information by
twinning previous holes and refining the resource model by selective infill
drilling in areas which lacked the previous information required to increase
the level of confidence in the interpretation of the resource model.
    The Moss Lake deposit is comprised of the closely-spaced Main and QES
zones which dip vertically over a known strikelength of 8,500 feet. The
project history, geology and a resource estimate are discussed in detail in a
43-101 Technical Report prepared by independent, international consulting firm
Watts, Griffis and McOuat Limited (WGM) dated November 27, 2006 and available
at www.sedar.com or on our website at www.mosslakegold.com.
    To date, complete assays have been received for the QES zone infill
drilling component of the program. Two 2-hole sections (3400E and 3700E),
spaced 300 feet apart, have demonstrated good continuity and improved grades
compared to adjacent sections.

    
    HOLE LOCATIONS
    -------------------------------------------------------------------------
      Grid
     Section  Hole No.   Easting   Northing  Azimuth    Dip        Length
     (Feet)               (UTM)     (UTM)   (Degrees)(Degrees)(Feet - Metres)
    -------------------------------------------------------------------------

    -------------------------------------------------------------------------
    3400E     ML-08-05    669866    5379375    336      -50      435 - 132.6
    -------------------------------------------------------------------------
              ML-08-06    669866    5379375    336      -72      857 - 261.3
    -------------------------------------------------------------------------

    -------------------------------------------------------------------------
    3700E     ML-08-07    669967    5379373    336      -45      755 - 230.2
    -------------------------------------------------------------------------
              ML-08-08    669967    5379373    336      -70     1187 - 361.9
    -------------------------------------------------------------------------


    RESULTS(*)
    -------------------------------------------------------------------------
                                                         Metric Equivalents

    Hole No.    From     To    Corelength     Assay    Corelength    Assay
                (ft).   (ft)      (ft)      (oz/ton)       (m)    (gAu/tonne)
    -------------------------------------------------------------------------

    -------------------------------------------------------------------------
    ML-08-05    261.5   430.0    168.5        0.041       51.4       1.41
    -------------------------------------------------------------------------
           inc. 261.5   352.0     90.5        0.048       27.6       1.65
    -------------------------------------------------------------------------
           and  387.0   425.9     38.9        0.049       11.9       1.68
    -------------------------------------------------------------------------

    -------------------------------------------------------------------------
    ML-08-06    522.0   757.0    235.0        0.030       71.6       1.05
    -------------------------------------------------------------------------
           inc. 688.0   757.0     69.0        0.060       21.0       2.06
    -------------------------------------------------------------------------

    -------------------------------------------------------------------------
    ML-08-07    450.0   739.0    289.0        0.034       88.1       1.17
    -------------------------------------------------------------------------
           inc. 580.0   640.0     60.0        0.106       18.3       3.64
    -------------------------------------------------------------------------

    -------------------------------------------------------------------------
    ML-08-08    887.0  1115.0    228.0        0.029       69.5       1.00
    -------------------------------------------------------------------------
           inc. 892.0   737.0     45.0        0.080       13.7       2.73
    -------------------------------------------------------------------------
    (*) Results are weighted averages compiled employing a 0.015 oz/ton or
        0.5 gAu/tonne cut-off grade
    

    Gold grades are remarkably evenly distributed. On section 3400E, the
above intervals represent a true thickness of 100 feet. On section 3700E, the
above intervals represent a true thickness of 200 feet (see appended
crossections).
    Gold mineralization in the QES zone is hosted by a diorite sill located
near the southern edge of the Moss Lake syenite stock. It occurs as
disseminated and fracture-filling pyrite mineralization associated with strong
sericite alteration. Previous metallurgical and petrographic work indicates
the gold is free milling and occurs along pyrite and silicate mineral grain
boundaries.
    Management is encouraged by the widespread, evenly distributed nature of
the gold mineralization. These results will assist in the re-evaluation of the
Moss Lake deposit's economic potential in light of current strong gold
markets.
    The Moss Lake deposit was most recently evaluated to contain the
following resources by consulting geologists WGM.

    
    MOSS LAKE INFERRED MINERAL RE

SOURCE WGM, November 27, 2006 Zone Tons Grade Contained Metric Equivalent (oz/ton) Ounces (tonnes - gAu/tonne) Main Zone 27,362,000 0.024 663,000 24,829,000 - 0.823 QES Zone 28,752,000 0.030 852,000 26,091,000 - 1.029 ------------------------------------------------------------------------- Total: 56,114,000 0.027 1,515,000 50,920,000 - 0.926 Assaying was performed by Accurassay Laboratories of Thunder Bay, Ontario, employing fire assay methods on split drill core samples. Field work was managed by Clark Exploration Consulting of Thunder Bay, Ontario. Drilling sites were selected by WGM, Toronto, Ontario. Calculation of weighted averages and review of Lab duplicates, blind standards, blanks and field duplicates were performed by G. Mannard, P.Geo. and President, Moss Lake Gold Mines Ltd. The information provided is determined to be reliable. Moss Lake Gold Mines Ltd. trades on the TSX Venture Exchange under the symbol "MOK" and has 43.9 million shares issued and outstanding. The TSX-V has neither approved nor disapproved of information in this release.

For further information:

For further information: please visit www.mosslakegold.com or contact:
George Mannard, P.Geo, President; or Donovan Pollitt, P.Eng., VP Corporate
Development, 8 King St. East, Suite 1305, Toronto, ON, M5C 1B5, Toll Free:
1-866-4-WDO-TSX, Phone: (416) 360-3743, Fax: (416) 360-7620, Email:
info@mosslakegold.com, Website: www.mosslakegold.com

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Moss Lake Gold Mines Ltd.

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