Up to 2,870 g/t across 0.30 metres - Roxmark reports on Hardrock Project joint venture: drilling by Premier intersects high-grade gold



    TORONTO, Feb. 27 /CNW Telbec/ - Roxmark Mines Limited (TSXV-RMK) today
reported on progress of the drilling program being carried out on the Hardrock
Project in Geraldton, Northwestern Ontario. The Project is being operated by
Premier Gold Mines Limited (TSX-PG) under a joint venture agreement in which
Roxmark has a 30% carried interest.
    The $8 million program consists of more than 50,000 metres of definition
and exploration drilling, leading to a NI43-101 compliant gold resource in
2009. Premier is currently utilizing four drills to test several targets.
    Results obtained from the zones are as follows:

    EP-Zone:

    The EP-Zone has been identified as a potential high-grade open pit target
in the vicinity of the historic North Zone, from which 2.97 million tonnes of
ore were mined at a grade of 7.54 grams per tonne gold (g/t Au). Initial
drilling has identified 3 sub-zones within the EP target consisting of the
South Limb, North Limb and HGV horizons. Significant mineralization has been
intersected in the first nine holes within all three horizons including
11.83g/t Au across 11.4 metres in the South Limb, 2.24 g/t Au across 21.0 m in
the North Limb, and 2,870.00 g/t Au across 0.3 metres within the HGV horizon.
    The following tables demonstrate the potential of the EP-Zone and include
historic results that help to highlight the mineralization within each horizon
intersected in limited previous drilling in the area. Note that true widths of
the intercepts are estimated at approximately 70% of the intervals provided.

    
    HGV Subzone Results in EP-Zone
    -------------------------------------------------------------------------
    HOLE ID           FROM         TO        INTERVAL   GRADE Au      ZONE
                                               (m)       (g/t)
    -------------------------------------------------------------------------
    EP001             32.3        34.5         2.2        9.57          HGV
    -------------------------------------------------------------------------
    EP008             26.8        27.1         0.3     2870.00          HGV
    -------------------------------------------------------------------------
    H3                25.0        26.0         1.0        6.73          HGV
    -------------------------------------------------------------------------
    H8                28.0        30.1         2.1       15.74          HGV
    -------------------------------------------------------------------------

    South Limb Subzone Results in EP-Zone
    -------------------------------------------------------------------------
    HOLE ID           FROM         TO        INTERVAL   GRADE Au      ZONE
                                               (m)       (g/t)
    -------------------------------------------------------------------------
    EP008             58.0        76.4        18.4        1.77   SOUTH LIMB
    -------------------------------------------------------------------------
    EP009             75.8        87.2        11.4       11.83   SOUTH LIMB
    -------------------------------------------------------------------------
    GE94-67           24.7        50.3        25.6        4.06   SOUTH LIMB
    -------------------------------------------------------------------------
    GE94-68           30.5        45.7        15.2        7.34   SOUTH LIMB
    -------------------------------------------------------------------------
    H3                48.0        67.0        19.0        4.22   SOUTH LIMB
    -------------------------------------------------------------------------
    H7                51.0        67.1        16.1        3.38   SOUTH LIMB
    -------------------------------------------------------------------------

    North Limb Subzone Results in EP-Zone
    -------------------------------------------------------------------------
    HOLE ID           FROM         TO        INTERVAL   GRADE Au      ZONE
                                               (m)       (g/t)
    -------------------------------------------------------------------------
    EP004             47.4        56.0         8.6        3.57   NORTH LIMB
    -------------------------------------------------------------------------
    EP004             95.4        97.0         1.6        7.58   NORTH LIMB
    -------------------------------------------------------------------------
    EP005             19.0        40.0        21.0        2.24   NORTH LIMB
    -------------------------------------------------------------------------
    EP006             92.5        98.5         6.0        4.10   NORTH LIMB
    -------------------------------------------------------------------------
    H10                4.1        10.0         5.9       12.16   NORTH LIMB
    -------------------------------------------------------------------------

    OREO Zone

    The OREO Zone was identified in historic drilling between the two main
producing horizons - the North Iron Formation and the Porphyry Hill - at
Hardrock. Drilling and testing for the mineralization between these horizons
returned numerous high-grade intercepts in the area currently being tested.
The current program has intersected mineralization the OREO Zone, in addition
to gold mineralization the Porphyry Hill open pit and beneath the North Zone
mine workings as tested with hole OR-02. Highlights include intersections of
6.35 g/t Au across 3.0 metres and 9.95 g/t Au across 1.5 m in the OREO Zone
and 13.61 g/t Au across 3.0 m in the North Zone. To date, the OREO Zone has
been tested by nine holes with mineralization intersected over a strike length
of 150 metres. The mineralized zone remains open in both directions.

    Oreo and North Zone Results

    -------------------------------------------------------------------------
    HOLE NO.          FROM         TO        INTERVAL   GRADE Au      ZONE
                                               (m)       (g/t)
    -------------------------------------------------------------------------
    OR-01           255.80      256.60         0.8       17.50         OREO
    -------------------------------------------------------------------------
                    271.10      274.10         3.0        6.35         OREO
    -------------------------------------------------------------------------
                    285.50      287.00         1.5        6.48         OREO
    -------------------------------------------------------------------------
    OR-02           108.60      116.00         7.4        1.74          PIT
    -------------------------------------------------------------------------
                    125.40      131.50         6.1        1.89          PIT
    -------------------------------------------------------------------------
                    390.10      393.10         3.0       13.61        NORTH
    -------------------------------------------------------------------------
    OR-03           220.70      222.20         1.5        9.95         OREO
    -------------------------------------------------------------------------
                    244.70      245.70         1.0        5.70         OREO
    -------------------------------------------------------------------------

    High Grade E-Zone

    Drilling in the E-Zone continues to support Premier's goal of identifying
narrow vein, high-grade gold mineralization at Hardrock. The E-Zone is located
along strike from and within the same iron formation host rock as the North
Zone deposit, from which 2.97 million tonnes of ore were mined at a grade of
7.54 g/t Au. Initial drilling has identified parallel zones within the E-Zone
target highlighted by an intersection of 40.1 g/t (1.17 oz/ton) Au across 1.5
metres in the E-Zone and 1.35 g/t Au across 23.0 m in an eastward step-out in
the Porphyry Hill Open Pit Zone.

    E-Zone Drilling Results

    -------------------------------------------------------------------------
    HOLE NO.          FROM         TO        INTERVAL   GRADE Au      ZONE
                                               (m)       (g/t)
    -------------------------------------------------------------------------
    PIT-01            Assays pending
    ----------------------------------------------------------------  PIT E
                      Assays pending
    -------------------------------------------------------------------------
    PIT-02          202.50      204.00         1.5        40.1        PIT E
    -------------------------------------------------------------------------
    PIT-03           24.00       47.00        23.0        1.35        PIT E
    -------------------------------------------------------------------------
                    184.40      186.00         1.6        2.36        PIT E
    -------------------------------------------------------------------------

    -------------------------------------------------------------------------
    

    Stephen McGibbon, P.Geo., is the Qualified Person for the information
contained in this news release and is a Qualified Person within the meaning of
National Instrument 43-101. The assay results contained in this news release
are from core samples sent to Activation Laboratories, an accredited mineral
analysis laboratory in Thunder Bay, Ontario, for preparation and analysis
utilizing both fire assay and screen metallic methods. Additional information
is included in the news releases issued by Premier dated February 17 and 25,
2009.
    The Hardrock project is located in the heart of the Beardmore-Geraldton
Greenstone Belt, a highly prospective high-grade gold district that has seen
relatively little exploration over the past several decades. The Project area
covers some of the most prospective geology in the region and is host to
several past-producing mines and numerous exploration targets in a district
that has seen historic production of more than 4.1 million ounces of gold.

    Northern Empire Gold Mine:

    Roxmark's current focus in the Beardmore Camp is on reopening the
Northern Empire Gold Mine and will be carrying out additional surface
exploration in the camp in 2009. The Northern Empire Mine and its associated
200 TPD mill is located in 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 gold/molybdenum property is a strong competitive advantage.

    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 recent 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.

    Neither TSX Venture Exchange nor its Regulation Services Provider (as
    that term is defined in the policies of the TSX Venture Exchange) accepts
    responsibility for the adequacy or accuracy of this 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

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