Thick zone of copper/zinc-rich stringer mineralization intersected at Scott Lake



    
    Highlights:

    -   105 metre interval of stringer-type sulphide mineralization in drill
        hole SC-15 including a 24.8 metre section assaying 1.10% copper,
        2.24% zinc, 0.20g/t gold and 35.7g/t silver;
    -   Overlying massive sulphides returned 0.99% copper, 5.56% zinc,
        0.27 g/t gold and 33.3 g/t silver over 1.1 metres, which expands the
        inferred massive sulphide portion of the Central Lens by 100 metres
        in a westerly direction;
    -   The massive sulphides in hole SC-15 mark a second stratigraphic
        horizon distinct from massive sulphides in the Selco deposit and new
        lens discovered by Cogitore in 2006;
    -   Borehole pulse EM in hole SC-15 indicate strong conductors above and
        to the west of the hole. Drilling is in progress to test these
        conductors;
    -   A second drill has been mobilized to the property;
    -   Cogitore now owns 100% of the Scott Lake Project.
    

    TORONTO, June 6 /CNW/ - COGITORE Resources Inc. (the "Company") (WOO:
TSX-V) is pleased to report encouraging results from its on-going drilling
program at the Scott Lake project. Drilling intended to fully delineate the
Central Lens was successful in expanding the presence of massive sulphides
100 metres to the west of the former drill-inferred boundary, and in
significantly improving underlying stringer mineralization. Massive sulphides
were intersected at the top of a rhyolite unit at a depth of 365.3m and
returned 0.99% Cu, 5.56% Zn and 33.3 g/t Ag over 1.1 metres. Underlying the
massive sulphides, strong stringer-type sulphide mineralization was cored over
a 105 metre interval of altered rhyolite (please see attached longitudinal
section, http://files.newswire.ca/512/scottlakejun07.jpg). Assay results over
the 105 metre interval, which include numerous unsampled barren dykes, are
shown below:

    
                          ASSAY RESULTS - DDH SC-15
                          -------------------------

    -------------------------------------------------------------------------
                           Length
    from           to        (m.)       %Cu        %Zn    Au (g/t)   Ag (g/t)
    -------------------------------------------------------------------------
    365.30     366.40       1.10       0.99       5.56       0.27       33.3
    -------------------------------------------------------------------------
    366.40     377.20      10.80       0.54       0.77       0.14       27.0
    -------------------------------------------------------------------------
    377.20     377.80                 not sampled - low values
    -------------------------------------------------------------------------
    377.80     380.40       2.60       0.39       0.73       0.11       13.0
    -------------------------------------------------------------------------
    380.40     386.80                 not sampled - low values
    -------------------------------------------------------------------------
    386.80     389.80       3.00       0.44       1.50       0.15       12.2
    -------------------------------------------------------------------------
    389.80     392.00                 not sampled - low values
    -------------------------------------------------------------------------
    392.00     395.60       3.60       0.94       2.73       0.12       24.3
    -------------------------------------------------------------------------
    395.60     395.90                 not sampled - low values
    -------------------------------------------------------------------------
    395.90     398.30       2.40       0.54       0.79       0.16       12.8
    -------------------------------------------------------------------------
    398.30     398.90                 not sampled - low values
    -------------------------------------------------------------------------
    398.90     404.00       5.10       0.33       0.82       0.05        9.4
    -------------------------------------------------------------------------
    404.00     417.35                 not sampled - low values
    -------------------------------------------------------------------------
    417.35     422.10       4.75       0.50       3.18       0.17       18.0
    -------------------------------------------------------------------------
    422.10     424.50                 not sampled - low values
    -------------------------------------------------------------------------
    424.50     428.00       3.50       0.31       0.04       0.07        6.1
    -------------------------------------------------------------------------
    428.00     430.00                 not sampled - low values
    -------------------------------------------------------------------------
    430.00     432.70       2.70       0.41       0.95       0.11       11.2
    -------------------------------------------------------------------------
    432.70     436.30                 not sampled - low values
    -------------------------------------------------------------------------
    436.30     437.60       1.30       0.18       0.23       0.04        4.8
    -------------------------------------------------------------------------
    437.60     439.90                 not sampled - low values
    -------------------------------------------------------------------------
    439.90     442.20       2.30       0.25       0.09       0.05        6.5
    -------------------------------------------------------------------------
    442.20     444.50                 not sampled - low values
    -------------------------------------------------------------------------
    444.50     445.50       1.00       0.46       0.16       0.09       12.4
    -------------------------------------------------------------------------
    445.50     470.30      24.80       1.10       2.24       0.20       35.7
    -------------------------------------------------------------------------
                                    Including
    -------------------------------------------------------------------------
    448.20     449.00       0.80       0.34      13.35       0.02       11.0
    -------------------------------------------------------------------------
                                       And
    -------------------------------------------------------------------------
    455.50     456.50       1.00       5.19       2.35       0.06       69.0
    -------------------------------------------------------------------------
    

    The 24.8 metre interval grading over 1.1% copper, 2.2% zinc and 35.7 g/t
silver is significant in light of today's metal prices and represents a
substantial accumulation of base and precious metals. It is also significant
that the massive sulphide horizon intersected on top of the 105 metre thick
stringer zone is at a stratigraphic horizon clearly distinct from the one
hosting the Selco-Scott deposit and the new lens discovered by Cogitore in
2006. This confirms massive sulphide potential on more than one horizon at the
Scott Lake project. Borehole PEM was done in SC-15 and indicated strong
conductors above and to the west of the hole. Drilling is in progress to
evaluate these conductors.
    The company is also pleased to announce that it has satisfied all of its
obligations under its purchase agreement with Thundermin Resources Inc. The
Company now fully owns a 100% interest in the Scott Lake project, subject only
to provisional payments upon attaining production.
    Finally, a second drill rig has mobilized to the property on June 4 and
has started drilling. A drill program of about 8,000 metres is planned at
Scott Lake with the following objectives: to delineate the 2006 Cogitore
discovery, to further test the Central and West lenses, and to test a series
of new targets identified along the 18 kilometre long property. The Company
will provide regular updates as drill results are obtained.
    Core is logged and sections sent for analysis are sawn in half at the
Company's secure facilities in Chibougamau, Quebec. Half the core sampled is
sent to ALS Chemex in Val d'Or, Quebec, for analysis with appropriate
standards, duplicates and replicates used for control purposes. The other half
of the core is retained for future reference.
    The Company has developed a strategic focus on base metal exploration in
prospective areas that also feature infrastructure favourable for mining
development. Accordingly, it focuses its work in the Abitibi Belt of Quebec
and Ontario, and in the Central Belt of Newfoundland. The company maintains
annual drilling contracts and is adequately funded to drill year-round.

    -------------------------------------------------------------------------
    The TSX Venture Exchange has not reviewed and does not accept
    responsibility for the adequacy or accuracy of this release.
    -------------------------------------------------------------------------

    %SEDAR: 00020132E




For further information:

For further information: Gérald Riverin, President & CEO, Telephone:
(819) 764-6666, www.cogitore.com

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COGITORE RESOURCES INC.

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