Virgin Metals Announces Final Diamond Drill Results from Los Verdes



    TSX Symbol: VGM
    Shares Outstanding: 78,951,885

    TORONTO, Dec. 6 /CNW Telbec/ - Virgin Metals Inc. (TSX: VGM) ("Virgin
Metals" or the "Company") announces that it has received the final drill
results from its 2007 diamond drill program at its 100% owned Los Verdes
molybdenum - copper project in Sonora, northern Mexico. Drilling was carried
out in the period March to June 2007, after which the core was subjected to
intensive geologic logging, density determination and geotechnical analysis
before being submitted for assay. The coarse nature of molybdenum and copper
mineralization and the rubbly nature of much of the core dictated whole core
sampling. The cores of seventeen holes were submitted for assay and the cores
of three holes were retained for visual reference.
    Virgin Metals President and CEO Chris Davie said: "All results from
drilling at Los Verdes are now received and will be included, together with
historic drilling data and adit sampling data, in a final resource model that
will form the basis for mine planning and scheduling. Our staff and
consultants are now compiling and verifying a data base of all assay, density
and geologic data as part of the modeling process. The results from diamond
drilling generally confirm conclusions drawn from reverse circulation drilling
but have given a substantially greater insight into the geology of the deposit
than was possible from reverse circulation drilling. Other aspects of the Los
Verdes feasibility study are now well advanced and we hope to be in a position
to announce results early in 2008."
    Eight holes for which assays are returned are twins of previously drilled
reverse circulation holes. The results of these reverse circulation holes were
reported earlier but for ease of reference are included herewith. Holes
LVDD2907, LVDD2907I and LVDDDPC53 were drilled essentially for geotechnical
purposes and no significant assay results were returned. Holes LVDD7107,
LVDD7207 and LVDD7307 were drilled in the tungsten zone immediately west of
the molybdenum/copper mineralization. Hole LVDD0207 was terminated prematurely
when it intersected the adit and the hole LVDD0307 was collared somewhat
further from its twin than was ideal in order to avoid the adit.
    Results of diamond drill holes returning significant assays are tabulated
as follows (previously released twinned reverse circulation holes are included
in light type for reference):

    
    Hole No.      Inclination        Total       From        To    Intercept
                                     Depth        (m.)      (m.)         (m.)

    LVDD1A07         vertical       175.20      24.00     91.50        67.50
     including                                  24.00     73.50        49.50
    LVRC0106         vertical       172.21      24.38     92.96        68.58
     including                                  24.38     74.68        50.30

    Hole No.      Inclination        Total       From        To    Intercept
                                     Depth        (m.)      (m.)         (m.)

    LVDD0207         vertical        76.05      16.50     73.40        56.90
    LVRC0206         vertical       160.02      16.76     73.15        56.39

    LVDD0307         vertical       173.80      15.00    117.00       102.00
    LVRC0306         vertical       153.92      33.53    137.16       103.63

    LVDD0507              -45       172.00      25.50    127.50       102.00
    LVRC0506              -45       173.74      27.43    129.54       102.11

    LVDD1407         vertical       101.30      37.50    101.30        63.80
    LVRC1406         vertical       182.88      38.10    102.11        64.01

    LVDD14A07             -60        89.40      28.50     64.50        36.00
     including                                  42.00     64.50        22.50

    LVDD1907         vertical        95.80      28.50     69.00        40.50
     including                                  31.50     57.00        25.50
    LVRC1906         vertical       102.11      28.96     70.10        41.14
     including                                  32.00     57.91        25.91

    LVDD19A07             -50       120.90      37.50     40.50         3.00

    LVDD3507         vertical       100.50      25.50     61.50        36.00
    LVRC3506         vertical        91.44      25.91     60.96        35.05

    LVDD3607              -50       105.60      25.50     43.50        18.00
    LVRC3606              -50        91.44      25.91     42.67        16.76

    LVDDC23               -45       168.90      51.00    160.50       109.50
     including                                  51.00     72.00        21.00

    LVDDDPC53        vertical       169.80      60.00     66.00         6.00

    LVDD2907I             -45       139.60     106.50    139.60        33.10

    LVDD7107          vertical       70.10      39.00     60.00        21.00
    LVRC7107          vertical       91.44      39.62     60.96        21.34

    Hole No.       Inclination       Total       From        To    Intercept
                                     Depth        (m.)      (m.)         (m.)

    LVDD7207          vertical       88.20       0.00     13.50        13.50
    LVRC7207          vertical       77.72       1.52     13.72        12.20

    LVDD7307          vertical       70.30       0.00     57.00        57.00
    LVRC7307          vertical       76.20       1.52     56.39        54.87



                         True           Mo
                    Thickness        Total         Cu         W           Ag
    Hole No.              (m.)           %          %         %          g/t

    LVDD1A07            67.50         0.21       0.88
     including          49.50         0.28       1.17
    LVRC0106            68.58         0.27       1.22
     including          50.30         0.33       1.51

                         True           Mo
                    Thickness        Total         Cu         W           Ag
    Hole No.              (m.)           %          %         %          g/t

    LVDD0207            56.90         0.07       0.40
    LVRC0206            56.39         0.07       0.46

    LVDD0307           102.00         0.06       1.02
    LVRC0306           103.63         0.11       1.29

    LVDD0507            72.11         0.08       0.63
    LVRC0506            72.19         0.18       0.85

    LVDD1407            63.80         0.01       0.05
    LVRC1406            64.01         0.01       0.06

    LVDD14A07           31.18         0.22       0.28
     including          19.48         0.29       0.28

    LVDD1907            40.50         0.11       1.22      0.18          4.0
     including          25.50         0.09       1.49      0.11          4.2
    LVRC1906            41.14         0.07       1.43      0.35          6.5
     including          25.91         0.07       2.02      0.34          7.9

    LVDD19A07            2.30         0.15       2.98

    LVDD3507            36.00         0.28       0.38
    LVRC3506            35.05         0.22       0.37

    LVDD3607            13.79         0.12       0.68      0.08          4.6
    LVRC3606            14.51         0.15       0.47      0.05          1.7

    LVDDC23             77.42         0.12       0.52      0.11         11.1
     including          14.85         0.43       0.23      0.09         28.1

    LVDDDPC53            6.00         0.19       0.05

    LVDD2907I           23.40         0.05       0.05      0.06         26.6

    LVDD7107            21.00          nil       0.10
    LVRC7107            21.34          nil       0.08

                         True           Mo
                    Thickness        Total         Cu         W           Ag
    Hole No.              (m.)           %          %         %          g/t

    LVDD7207             13.50         nil        nil      0.10
    LVRC7207             12.20         nil        nil      0.12

    LVDD7307             57.00         nil        nil      0.25
    LVRC7307             54.87         nil        nil      0.28
    

    Core samples, typically representing 1.5 metres of whole core, were
placed in plastic bags along with their corresponding sample tag. The bag was
then securely fastened with a security tag and both numbers were recorded for
reference.  The samples were stored locally until transported to the ALS
Chemex laboratory in Hermosillo where sample preparation was performed. All
assay work was carried out at the ALS Chemex laboratory in Vancouver, B.C.
    In addition to routine quality control work carried out by ALS Chemex,
the Company has established a quality control protocol consisting of the
routine use of blank samples and certified sample assay standards obtained
from WCM Sales Ltd., Burnaby B.C.
    This report has been prepared by Mr. Gary Lohman, a Registered
Professional Geologist and Qualified Person (QP) as defined by NI 43-101 of
the Canadian Securities Administrators. Mr. Lohman is the QP for the Los
Verdes exploration program

    About Virgin Metals

    Virgin Metals is a junior exploration and development company; its
projects include two copper/molybdenum porphyry properties in Sonora, northern
Mexico.  One of these, Los Verdes, is undergoing a feasibility study and is
expected to evolve rapidly towards production while the other, Cuatro
Hermanos, is presently the focus of an intense exploration effort.

    FORWARD-LOOKING STATEMENTS

    This press release includes certain "forward-looking information" within
the meaning of the Securities Act (Ontario), including, but not limited to,
statements as to timing and extent of exploration programs and the
availability of exploration results. As such, forward-looking information
addresses future events and conditions and so involves inherent risks and
uncertainties, as disclosed under the heading "Risk Factors" and elsewhere in
Virgin Metals documents filed from time to time with the Ontario Securities
Commission and other regulatory authorities.  Actual results could differ
significantly from those currently projected as a result of, among those
factors, adverse weather, regulatory changes, delays in receiving permits,
accidents and delays in completing exploration activities not all of which are
in the control of Virgin Metals. The forward-looking information contained
herein is Virgin Metal's reasonable estimate today of future events and
conditions, but no assurance can be given that such events or conditions will
occur.




For further information:

For further information: Valerie Kimball, Investor Relations,
vkimball@virginmetals.com, (303) 703-1210; Renmark Financial Communications
Inc.: Barbara Komorowski, bkomorowski@renmarkfinancial.com; Neil Murray-Lyon,
nmurraylyon@renmarkfinancial.com; Media: Vanessa Napoli,
vnapoli@renmarkfinancial.com; (514) 939-3989, Fax: (514) 939-3717,
www.renmarkfinancial.com

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