Germany: WKN A0MNSR/
VANCOUVER, Feb. 22 /CNW/ - Nass Valley Gateway Ltd. (the "Company") is
pleased to announce the completion of the drilling program and geotechnical
testing conducted in 2006 and 2007 on its Nass Bay Construction Aggregates
Project in Northern B.C. A National Instrument 43-101 report dated
February 19, 2008, prepared by Erika J. Shepard and Tim Henneberry, P. Geo.,
an independent Qualified Person has been filed on SEDAR.
Twenty-three diamond drill holes, totaling 2,749 meters were completed
into a large granodiorite body. Twenty-two of the holes were logged. The
continuous section from 24.7 to 33 metres from each of three drill holes was
selected for geotechnical testing. One hole was delivered to Metro Materials
Testing in Burnaby, B.C., the second hole was shipped to DCI Consultants in
Mountain View, California and the third hole was kept in reserve.
The grid drilling was successful in outlining an 800 metre by 200 to 400
metre area of relatively uniform granodiorite. The rock quality data ("RQD")
returned measurements from 67% to 100%, with 87% percent of the readings
returning RQD values above 90%.
The geotechnical results from Metro Materials Testing showed the Nass Bay
granodiorite met or exceeded aggregate specification for all but one test,
while the geotechnical results from DCI Consultants met or exceeded aggregate
specifications for all tests. The testing showed the Nass Bay granodiorite
generally meets or exceeds specifications for use as concrete and/or road
The Technical Report concluded the 2006-07 drilling program on the Nass
Bay Project met its objectives. The Company will carry out the Technical
Report's two recommendations: an additional drilling program on the grid to
expand the data base regarding rock quality and extent, and a bulk sampling
program for product marketing and analysis.
R. Tim Henneberry, P.Geo. the independent Qualified Person of the Company
has reviewed and approved the technical content of this news release.
This news release contains forward-looking statements regarding the
timing and content of upcoming programs and may be subject to regulatory
approval. Actual results may differ materially from those currently
anticipated in such statements.
The CNQ has not reviewed, and does not accept responsibility for the
adequacy or accuracy of the contents of this news release.
For further information:
For further information: Dieter Peter, Chairman & CEO, Telephone: (604)
685-4170; Pamela Keck, Investor Relations Coordinator, Telephone (dir): (604)