Commitee Bay hits more gold at West Plains

Vancouver – The first six holes drilled in the West Plains area of the Committee Bay project have returned high-grade results for Committee Bay Resources (CBR-V), including 13.14 grams gold per tonne over 8 metres and 19.65 grams gold over 3 metres.

The company holds a large land package covering more than 85% of the Committee Bay greenstone belt, which is described as one of the longest and least explored greenstone belts in Canada. The project area is situated northeast of Baker Lake, in Nunavut Territory.

This year’s $3-million, summer exploration program will consist of at least 3,500 metres of drilling to follow-up significant results from the 2005 program. One of the better holes drilled last year to test the West Plains target returned 6.04 grams gold over 36.77 metres, which includes 25.3 grams gold over 3.07 metres and 13.39 grams gold over 3.04 metres.

The West Plains area is situated at the southern end of the Committee Bay project, which hosts numerous gold targets and prospects in other parts of the greenstone belt. The newly drilled intersections from the West Plains area extend the high-grade zone for more than 200 metres along strike and 80 metres at depth. The zone coincides with a strong electromagnetic anomaly that extends for more than 8 km along strike. Other sub-parallel structures coincident with geophysical anomalies that extend for more than 5 km are yet to be tested.

The initial six hole of this year’s program surround the discovery hole and have only tested 200 metres of the 45-metre-wide shear zone with iron formation identified last year. The zone contains broad bands of semi-massive pyrrhotite cut by quartz veins.

Other (selected) results from the first six holes are 5.84 grams gold over 2 metres, 3.9 grams over 5 metres, and 8.44 grams gold over 7 metres. In addition to the 900,000 acres of land in the Committee Bay greenstone belt, the company controls a large land package covering portions of a prospective greenstone belt in Western Australia.