Roxmark hits high-grade gold at Northern Empire Mine property

    Intersects 59.35g/t of Au over 0.92 m and 21.53 g/t Au over 0.81 m

    TORONTO, Aug. 13 /CNW/ - Roxmark Mines Limited (TSXV - RMK) (CNQ - RMKL)
today announced assay results for an additional four drill holes of its
surface diamond drilling program on the Northern Empire Mine property in
Beardmore, Ontario.
    Hole 09-9B drilled on section 7+87.5E intersected 59.35g/t of gold over
0.92 metre (equivalent to 1.73 ounces per ton of gold). A previously drilled
hole, No. 86-4 on section 7+75E, intersected 48g/t over 1.40 metre. Similarly,
hole No. 07-02 intersected 21.53g/t of gold over 0.81 metre drilled on section
7+12.5E. This hole is a step-out to the east of hole 86-1 drilled in 1986 on
section 7+00E which intersected 32.91g/t over 2.25 metres. Drill intersections
are near true widths of the zones.
    All holes drilled have intersected the Power and Contact zones, with
mineralization persisting over a strike length of 212.5 metres. The targeted
area is located 700 metres east of the existing shaft and drilled above the
diabase sill. Drilling to outline gold mineralization below the diabase sill
will be carried out from underground.
    Significant intersections from the recent drilling are presented in the
table below. Previous intersections were announced on June 15 and July 13.

                                              Length      Gold
    Section      Hole No.      From     To      (m)     g/tonne         Zone
    7+00E          86-1       83.20   85.45    2.25      32.91         Power
    7+12.5E       07-02       77.29   78.10    0.81      21.53         Power
    7+75E         07-07       83.30   84.05    0.75      13.20       Contact
                   86-4       91.70   94.10    1.40      48.00       Contact
    7+87.5E       07-9B       85.53   86.45    0.92      59.35       Contact
    8+37.5E       07-14       70.80   71.54    0.74       6.46         Power
                  07-14       72.60   74.00    1.40      11.67       Contact

    "We are excited by these results," said Monir Younan, Roxmark President
and CEO. "They will help to support an upcoming NI 43-101-compliant report
which we believe will expand historical estimates and establish the viability
of re-opening the Northern Empire Mine.
    "We continue to find mineralization richer than that of zones previously
mined at the Northern Empire. In addition, we have previously identified new
mineralized zones," he added.
    Results presented in this news release have been reviewed by the
Qualified Person, Peter Bevan, P.Eng. The drilling program employs a Quality
Assurance/Quality Control program consistent with NI 43-101 and best industry
practice. The NQ-sized core is logged, sampled and split. The samples are
recorded, bagged and sent out to SGS Lakefield Research Limited. Samples are
analyzed for gold by FA methods. Check sampling using two laboratories is
being carried out prior to the determination of the quantity and the quality
of the resources.
    The Northern Empire Gold Mine property is located in Beardmore, Ontario.
Historically, the Northern Empire Mine produced 149,053 ounces of gold from
425,866 tons with a recovery of 0.35 oz. in gold per ton. The mine was
serviced by a shaft to 2,460 feet with development above and below a major
flat diabase sill.
    In 1999, Peter Bevan estimated resources of 65,969 tons grading 0.47 oz/t
for a total of 30,780 ounces of gold. The historical estimate, which is not
classified as current mineral resources, was based on information from above
the diabase sill. This estimate should not be relied upon and is not compliant
with NI 43-101.
    Existing infrastructure on the property, including an upgraded and fully
permitted 200 tpd mill (expandable to 500 tpd), as well as the mine's
non-remote location will reduce the cost of future development. The mill
processes efficiently both gold and molybdenum ores.

    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. 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, eliminated by Roxmark's
consolidation of key properties.
    Further information is available on the Company's website at and on SEDAR under the Company's profile at

    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.

    The TSX Venture Exchange has not reviewed and does not accept
    responsibility for the adequacy or accuracy of the content of this news

For further information:

For further information: Monir Younan, President, Roxmark Mines Limited,
801- 80 Richmond St. West, Toronto, Ontario, M5H 2A4, Tel.: (416) 860-1636,
Fax: (416) 360-7355, E-mail:, Website:

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