Mineralization at Tommy Jack project

Gold-silver mineralization has been encountered on the Tommy Jack property in northwest B.C. by joint venture partners Goldcap Inc. and Noranda Explorations.

This mineralization was encountered in a stock setting in widths up to 21.7 ft at 0.13 oz gold with 2.46 oz silver per ton, including 3.3 ft at 0.34 oz gold.

Other drill results include:

Hole Width Oz Oz

(ft) gold/ton silver/ton TJ86-2 10.8 0.06 1.04 TJ86-4 2.6 0.26 5.56

3.0 0.12 0.23 TJ86-5 6.6 0.06 0.87

21.7 0.13 2.46 including 3.3 0.34 2.86

These drill results, along with preliminary results from this year’s gold-soil geochemistry indicate lateral northwest-southeast zoning of the gold-silver mineralization on the property, says Goldcap. Both the gold soil geochemistry values and the gold-silver assay values from split drill core increase to the southeast.

The company says anomalous gold-soil values are coincident with lead and lead-silver anomalies. The remaining untested gold-lead-silver soil anomalies, in light of this year’s drill results, are interpreted as indicating the possibility of a gold-silver stockwork system, with open pit bulk tonnage potential, the company says.

Goldcap says that only about 2% of the area extent, on the north- west end, of the property was drill- tested this year. It anticipates drilling a minimum of 11 additional gold-lead-silver soil anomalies on trend to the southeast next year.

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