VANCOUVER, Dec. 20 /CNW/ - Novawest Resources Inc. (TSXV - "NVE";
Frankfurt - "NWN"), is pleased to provide the following update regarding its
staking and property assemblage on and around the Lac Doré Vanadium deposit
situated near Chibougamau, Quebec.
Reference is made to earlier press releases regarding this matter dated
October 23rd and 25th, 2007.
The 21 claim applications filed by Novawest are presently being examined
by the delegate of the Quebec Minister of Natural Resources and Wildlife,
Mr. Jean-Marie Mathieu. A formal meeting with Mr. Mathieu took place in Quebec
City on November 28th, 2007. The matter has been referred to Mr. Mathieu on
the basis of the presence of 21 claim applications by a competing staker, who
also conducted staking on August 21st, 2007.
The issue will be that of disqualification of the competitor's claim
applications, on a claim-by-claim basis, on grounds of non-compliance with
various requirements set out in the Quebec Mining Act. Mr. Mathieu also
provided Novawest with a copy of a report filed with Mr. Mathieu by the Mining
Recorder with the Quebec Minister of Natural Resources and Wildlife. This
report by the Mining Recorder recommended that 10 of the competitor's claims
be rejected at the outset due to their failure to conform to the requirements
of the Mining Act.
At the meeting of November 28th, 2007, Novawest outlined its position in
summary form. Mr. Mathieu invited Novawest to file additional written
evidence. Novawest will therefore be providing Mr. Mathieu with extensive
materials regarding the above-mentioned issue. With respect to the quality of
its own staking, Novawest is pleased to report that its staking was above
reproach and of the highest professional standard. Novawest believes that its
planning and execution were markedly superior to that of its competitor.
Novawest will be providing Mr. Mathieu with eye-witness, video and audio
evidence documenting the staking of both parties, in order to enable him to
rule on compliance with the legislative requirements by both Novawest and its
competitor, as per the Quebec Mining Act.
Novawest intends to ensure that it receives its rightful ownership to all
of the claims it has applied for on and around the Lac Doré Vanadium deposit,
that have not already been awarded to Novawest to date.
Novawest is committed to Quebec and values its excellent relations with
all government bodies involved in the mining industry.
Novawest is looking forward to contributing even further to the
Chibougamau region's prosperity. Novawest will continue to explore and develop
the hundreds of mineral claims it already owns in the Chibougamau region.
Novawest intends to keep its stakeholders and shareholders aware of all
details pertaining to this very important matter by way of publicly
disseminated news releases and reports via approved news disseminators and on
its own website.
The Qualified Person ("QP") for the purposes of this news release is
Dr. Christian G. Derosier M.Sc., D.Sc, Geology.
ON BEHALF OF THE BOARD OF DIRECTORS OF NOVAWEST RE
"Patrick D. O'Brien"
Patrick D. O'Brien - Chairman
Novawest invites the public to visit its website at
http://www.novawest.com or e-mail the company at email@example.com to be
added to the company's e-mail list for press releases and updates.
S.E.C.Exemption12(g)3-2(b) File No. 82-3822, Standard & Poors Listed,
Dun & Bradstreet Listed
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For further information:
For further information: Suite 1600, The Bower Building, 543 Granville
Street, Vancouver, British Columbia, Canada, V6C 1X8, Tel: (604) 683-8990,
Toll-Free: 1-800-663-8990, Fax: (604) 683-8903, www.novawest.com,