Logan Resources intersects gold over 1km strike at Heidi project, Yukon Territory

    VANCOUVER, Nov. 9 /CNW/ - Logan Resources Ltd. (TSXV:LGR) today announced
the results of the 2007 summer exploration and diamond drill program at its
100%-owned Heidi gold project in the Dawson and Mayo Mining Districts, Yukon
Territory. The drill program successfully intersected gold mineralization in
14 of the 19 holes over a 1 km strike and the airborne geophysical program
outlined significant new targets for the next phase of drilling. The extent of
the horizons of alteration and mineralization intersected in both the 2006 and
2007 drill holes confirms the validity of the target indicated by geology,
surface trenching and geophysical surveys. Continued diamond drilling is
warranted from these encouraging results. The Heidi property has been expanded
from 54 claims (1,000 hectares) to 220 claims (4,074 hectares) to secure
additional ground covering promising new gold targets. The property is located
95 km northeast of Dawson City and 30 km east of the Dempster Highway.
    Mineralization observed on the Heidi property to date consists of
stratabound gold-bearing pyrite-arsenopyrite replacement zones in carbonate
rich horizons and related quartz-sulphide breccia veins within the sedimentary
stratigraphy. This sequence is peripheral to a buried intrusion similar to
Scheelite Dome, Yukon Territory. The intrusion itself has potential to host
bulk tonnage gold mineralization similar to the Fort Knox deposit in Alaska.
    The 2007 diamond drill program was designed to test priority targets over
extensive coincident induced polarization, magnetic and gold geochemical
anomalies. The geological goal is the stratabound, silica-altered,
gold-bearing pyrite-arsenopyrite vein-breccia horizon peripheral to the buried
intrusive. This exploratory drilling program consisted of 19 holes totaling
2,685.88 metres (8,812 feet); fourteen holes intersected narrow zones of gold
mineralization within the northern portion of the buried intrusion associated
with stratabound silica alteration zones within the sedimentary country rocks
above the intrusion. Gold assay results from the nine more significant 2007
drill intersections within these mineralized alteration horizons, follow at
the end of the news release.
    Geophysical interpretation of the 2007 airborne magnetic and radiometric
surveys outlined a buried intrusion 6 km in diameter. The intrusion appears to
belong to the Cretaceous aged Tombstone Suite as evidenced by the composition
of the high level dykes and/or sills that have been mapped on surface. The
northern and southern portions of the intrusion lie approximately 150 m below
surface, generally just beyond the depth of the 2007 drill holes. Across the
northern portion of the buried intrusion a variable higher grade magnetic
signature extends across a 1.5 km zone and appears to reflect sulphide feeder
zones associated with an underlying offshoot of the intrusion or dykes.
Pyrrhotite (which is magnetic) has been identified within the sulphide zones
on the property. The phase two drill program will test deeper targets
identified by the 2007 airborne survey.
    In the 2006 program, the Company completed two diamond drill holes
totaling 425 metres (1,394 feet). This work was successful in confirming the
continuity of gold bearing pyrite-arsenopyrite vein-breccia horizons up to
10 metres in width. Hole HDI-06-2 intersected a 26-metre mineralized horizon
containing a 4-metre interval, from 15 to 19 metres, which assayed 2.09 g/t
Au, including 4.04 g/t Au over 2 m. This confirmed historical surface trench
results which returned values of 1 to 7 g/t Au over 1-metre chip intervals.
    Gold assay results from nine of the more significant 2007 drill

    HOLE NO.            FROM (M)        TO (M)        WIDTH (M)       Au g/t
    HDI-07-06               81            83              2            1.02
       and                  85            86              1            0.99
    HDI-07-07              119           122              3            1.51
    HDI-07-09               68            69              1            0.95
    HDI-07-10           169.47        170.38           0.91            1.10
    HDI-07-11             56.4          57.3            0.9            1.24
       and                 195           197              2            0.60
       and                 243           244              1            1.40
    HDI-07-13              142           143              1            1.09
    HDI-07-14               38            42              4            0.68
    HDI-07-16              104           105              1            1.23
       and                 167           168              1            1.39
    HDI-07-17               90            92              2            0.67

    Eco Tech Laboratories Ltd. of Kamloops, B.C. analyzed the samples by ICP;
gold was determined by fire assay. Normal QA/QC procedures were followed with
assays of duplicates, standards and blanks. Eco Tech is an ISO 9001 accredited
laboratory. Check assays were also conducted by Acme Analytical Laboratories
Ltd., an ISO 9001 Accredited Co.
    Michael Sanguinetti, P. Eng., Consulting Geologist, is the Qualified
Person as defined by NI 43-101 with respect to the technical information
contained herein.

    Logan Resources Ltd. is a mineral exploration company that specializes in
acquiring, exploring and advancing Canadian mineral properties. The Company
has a diversified portfolio of base metal, precious metal and uranium
projects. For more information on the property portfolio and the Company,
please visit www.loganresources.ca, www.sedar.com and www.sec.gov websites.


    "Seamus Young"
    Seamus Young
    President and CEO

    The TSX Venture Exchange has neither approved nor disapproved the
    information contained herein.

For further information:

For further information: Logan Resources Ltd., Seamus Young, President
and CEO, (604) 689-0299 x 223

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