ARMSTRONG, BC, Nov. 23 /CNW/ - GWR Resources Inc. ("GWR") (TSX Venture:
GWQ) is very pleased to announce the results of drill hole P07-01, the first
hole that GWR has drilled on its Peach 1 prospect located to the west of the
Aurizon zone, the area where GWR has carried out the bulk of its 2007
exploration activities within the Lac La Hache project area.
The Peach 1 area was recognized as being prospective after a 65 metre
long trench exposed low grade copper mineralization in bedrock. Subsequently,
drill hole P07-01 was collared to test this mineralization at depth beneath
the trench and although the hole did not intersect copper mineralization
displayed in the trench, the drill hole intersected a second zone of
copper-gold mineralization beginning at a down hole depth of 190 metres,
results of which are tabulated below.
Hole No. From (m) To (m) Length (m) Copper (%) Gold (g/t)
P07-01 190.0 276.0 86.0 0.50 0.42
Incl. 190.0 232.0 42.0 0.83 0.71
This zone of mineralization is spatially separate from the copper
mineralization exposed in the trench and represents a new discovery within the
Lac La Hache project area, exemplifying the project area's potential for the
discovery of relatively high grade copper. At this stage no statement can be
made with respect to the orientation and size of this zone. Assays of the core
from this hole were requested on a priority basis, allowing the Company to
release the results of the Peach 1 drilling programme at an early stage.
In addition, almost all results of the Aurizon drilling programme have
just been received now that the Company's analytical laboratory has resolved a
database issue. Compilation of these assays is underway and results of Aurizon
drilling will be released once quality verification has been completed.
Assays were carried out by EcoTech Laboratory of Kamloops, British
Columbia. An established QA/QC programme is followed that includes the
insertion of standard, blank and duplicate samples into the sample stream.
David G. Bailey, Ph.D., P.Geo. is the Qualified Person as defined by
National Instrument 43-101 who accepts responsibility for the technical
aspects of this news release.
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release.
For further information:
For further information: Responsible Officer: Irvin Eisler, President,
Company Telephone Number: (250) 546-8048