Roxmark reports encouraging results from drilling on gold veins at Nortoba-Tyson molybdenum/gold property



    TORONTO, Sept. 30 /CNW Telbec/ - Roxmark Mines Limited (TSXV - RMK) today
announced that its second surface diamond drilling program for the year has
been completed on gold veins at its Nortoba-Tyson moly-gold property,
encountering gold mineralization in every hole drilled along the strike
length.
    A total of 1,358 metres was drilled to delineate the gold mineralization
of Veins No.1, 1A and 2. Following the completion of mechanical stripping,
geological mapping and channel sampling of Veins No.1 and 2, Vein No.2 was
exposed over a strike length of at least 350 metres and Vein No.1 was exposed
for 150 metres. Channel samples returned gold values up to 13.3 g.Au/t over
0.30 metres.
    Although drilling was done on wide spacing, an area of interest
encountered gold values up to 16.6 g.Au/t over a strike length of 110 metres.
The following table provides significant assays received:

    
    -------------------------------------------------------------------------
                                                Length                  AU
    Hole-ID         Dip      From      To        (m)      Zone         (g/t)
    -------------------------------------------------------------------------
    NT08 - 01       -55     80.50     81.00      0.50   Vein No. 2     10.10
    -------------------------------------------------------------------------
    NT08 - 02       -55     51.30     51.60      0.30   Vein No. 2      8.79
                            51.60     51.90      0.30                   1.54
    -------------------------------------------------------------------------
    NT08 - 03       -70     47.90     48.20      0.30   Vein No. 2      6.84
                            48.20     48.60      0.40                  16.60
    -------------------------------------------------------------------------
    NT08 - 08       -65     24.30     24.80      0.50   Vein No. 1      4.36
    -------------------------------------------------------------------------
    NT08 - 13       -45     27.50     28.00      0.50   Vein No. 2      5.29
    -------------------------------------------------------------------------
    NT08 - 15       -45     56.00     56.70      0.70   Vein No. 2      9.30
    -------------------------------------------------------------------------
    NT08 - 17       -45     36.90     37.40      0.50   Vein No. 1      4.11
    -------------------------------------------------------------------------
    NOTE:  True widths estimated at approximately 70% of intersection width
    

    Additional drilling is planned to outline the extent of gold
mineralization along the strike length. The drilling program is being
supervised by Peter Bevan, P. Eng., the Qualified Person for the information
contained in this news release and within the meaning of NI 43-101. The
program utilizes a Quality Assurance/Quality Control Program consistent with
NI 43-101 and best industry practice. The NQ core is logged, sampled and
split. The samples are recorded, bagged and sent out to Actlabs Group of
Companies, an accredited mineral analysis laboratory, for preparation and
analysis utilizing both fire assay and screen metallic methods.
    The Nortoba-Tyson property, containing molybdenum and gold
mineralization, is located 26 km from the Town of Beardmore, approximately
200 km northeast of Thunder Bay and serviced by the Trans-Canada Highway.
Accessibility of all Roxmark properties, including the Leitch Gold Mine and
the Nortoba-Tyson, is a strong cost and logistical advantage. Certain Roxmark
holdings in the Geraldton Camp are under option agreement to Premier Gold
Mines Limited (TSX-PG) which has incurred more than $6.1 million in
exploration expenditures since September 2007 (for more details see RMK news
release dated September 24, 2008).
    Roxmark's holdings are located in the Beardmore-Geraldton greenstone
belt, a highly prospective high-grade gold district that has seen relatively
little exploration over the past several decades. The belt has historic
production of more than 4.1 million ounces of gold.

    Toronto Resource Investment Conference

    Roxmark will be attending the conference at the Metro Toronto Convention
Centre South on October 4 and 5. Booth number is 416.

    About Roxmark Mines

    Roxmark Mines Limited is the leader in gold and molybdenum exploration
and development in the historically significant Geraldton-Beardmore area of
Northwest Ontario. In the last two years, Roxmark has generated cash flow from
bulk-sampled gold and molybdenum processed at its fully-permitted mill and has
the advantage of infrastructure from six formerly highly productive gold mines
located on its properties. These mines previously produced nearly two million
ounces of gold from high grade ore but were closed primarily due to
dramatically lower gold prices at the time and to boundary issues, since
eliminated.
    Further information is available on the Company's website at
www.roxmark.com and on SEDAR under the Company's profile at www.sedar.com.

    Forward-Looking Statements

    This news release includes certain "forward-looking statements". Such
forward-looking statements involve risks and uncertainties. The results or
events predicted in these forward-looking statements may differ materially
from actual results or events. Any forward-looking statement speaks only as of
the date of this news release and, except as may be required by applicable
securities laws, the Company disclaims any intent or obligation to update any
forward-looking statement, whether as a result of new information, future
events or results or otherwise.

    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: Monir Younan, President, Roxmark Mines Limited,
(416) 860-1636, Fax: (416) 360-7355, roxmark@on.aibn.com; www.roxmark.com;
Renmark Financial Communications Inc.: Christine Stewart,
cstewart@renmarkfinancial.com; Barbara Komorowski,
bkomorowski@renmarkfinancial.com, (514) 939-3989, Fax: (514) 939-3717;
www.renmarkfinancial.com

Organization Profile

ROXMARK MINES LIMITED

More on this organization


Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890