Trueclaim Announces Significant Copper Mineralization at Arizona Silver Project
Published : June 02, 2011
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LONDON, ONTARIO--(Marketwire - June 2, 2011) - Trueclaim Exploration Inc. ("Trueclaim") (News - Market indicators)(OTCQX:TRMNF) is excited to report that recent examination of several old workings on the Richmond Basin Silver Property (the "Property") has revealed two new anomalous areas of gold, copper and silver mineralization. These locations are located approximately 2.4 km. south of the McMorris silver mine shaft. Selected assays from these two areas of surface grab samples collected from Trueclaim's claims within the Richmond Basin area are shown in the first table below.

Sample # Area Au g/t Au oz/ton Ag g/t Ag oz/ton Cu %
70553* Black Copper Vein 1.783 0.052 6.857 0.20 5.584
70555* Black Copper Vein 2.057 0.060 0.001 0.05 7.451
70557* Black Copper Vein 1.78 0.052 <0.001 <0.05 7.070
E5096668 Black Copper Vein 2.873 0.084 7.65 0.233 3.764
E5096666 Barr Float 0.005 0.000 3040 88.666 9.389
E5096667 Barr Float 0.015 0.000 2852 83.183 8.312

Table 1: * denotes samples assayed by Jacobs Assay Office of Tucson Arizona. All other samples were assayed by Accurassay Laboratories of Thunder Bay, Ontario.

Additional grab samples from other locations on the claims, recently received from ALS Laboratories of Vancouver, have revealed further anomalous values of both copper and silver, as shown in the table below.

Sample # Area Au g/t Au oz/ton Ag g/t Ag oz/ton Cu %
70559 Richmond Basin 1.145 0.033 28.6 0.834 4.1
70560 Richmond Basin 0.002 0.000 1100 32.083 0.664
70564 Richmond Basin 0.019 0.002 806 23.51 0.263
70565 Richmond Basin 0.005 0.000 >10000 >291.668 1.52
70566 Richmond Basin 0.009 0.000 2900 84.583 7.64
70570 Richmond Basin 0.023 0.001 785 22.896 0.2490
70571 Richmond Basin 0.024 0.001 1295 37.771 0.670

Note: To view "Map showing area of samples collected in table 1.", please click the following link:

The Black Copper Vein mineralization trend, occurring near the contact of a limestone unit and a Tertiary aged quartz diorite, was followed along strike and had at least 2 old shafts and other workings over a linear strike distance of 400 metres. The total strike distance and width of the mineralization still remains to be determined. A pinch and swell vein up to 4 metres wide of massive black mineralization was observed near the southwest workings. Samples were collected from the material extracted from the old workings at two sites about 300 metres apart as shown in the map above. Additional workings with similar mineralization and malachite were observed along the southwest extension of the strike at several areas for about 100 meters along the side of a hill. Mineralized float was observed further along strike to the southwest. The initial sampling was facilitated by copper indications given by Trueclaim's hand held X-ray Fluorescent unit. Due to the dark colour and fine grained nature of this mineralization polished sections will be made to identify the minerals present.

Note: To view "Photo of copper mineralization from the Black Copper Vein", please click the following link:

The presence of significant copper values near a limestone-Tertiary Age diorite contact is significant in light of the nearby Tertiary aged world class copper porphyry deposits of the Globe Miami areas approximately 14 kilometres to the south. Also in the area are former copper-gold producers having "vein replacement" mineralization similar to that of the Black Copper Vein. Two examples are the Christmas Mine located 37 kilometres south of the Black Copper Vein and the Old Dominion Mine located 14 kilometres south of the Black Copper Vein. Both the Old Dominion Mine and the Black Copper Vein mineralization include a common NE vein orientated structure and grades of up to 6% Cu with associated gold values. The map below shows the relationship of structure and copper porphyry mines in Arizona. Further mapping of the Richmond Basin is now being undertaken under the direction of Nick Barr, a local Arizona Geologist on contract with Trueclaim.

The following map shows the copper porphyry trends in Arizona and the location of the Richmond Basin:

The Barr float sample was found about 700 metres east of the Black Copper Vein. This sample consists of a dark grey submetallic mineral with abundant malachite staining in a fractured matrix of a clay altered quartz diorite. Further mineral identification work is forthcoming.

Based on the above new mineralization, applications for additional claims have been made. Quotes for a high resolution low level helicopter geophysical survey over the area are also being solicited. Additional assays will follow.

We seek safe harbour.


John Carter, President

Technical information in this news release has been reviewed by Robert Komarechka, P. Geo. and prepared in accordance with Canadian regulatory requirements as set out in National Instrument 43-101. Company Management, which takes full responsibility for content, prepared this news release.

This news release contains "forward-looking information" (within the meaning of applicable Canadian securities laws) and "forward-looking statements" (within the meaning of the U.S. Private Securities Litigation Reform Act of 1995). Such statements or information are identified with words such as "anticipate", "believe", "expect", "plan", "intend", "potential", "estimate", "propose", "project", "outlook", "foresee" or similar words suggesting future outcomes or statements regarding an outlook. All statements in this news release, other than statements of historical facts, which address future production, reserve potential, exploration activities, financing plans, objectives or goals, and events or developments that the Company expects, are forwardlooking statements. Since forward-looking statements address future events and conditions, by their very nature, they involve inherent risks and uncertainties. Such forward-looking information or statements are based on a number of risks, uncertainties and assumptions which may cause actual results or other expectations to differ materially from those anticipated and which may prove to be incorrect. Assumptions have been made regarding, among other things, management's expectations regarding its ability to complete its exploration and development work as expected. Actual results could differ materially due to a number of factors, including, without limitation, operational risks in the completion of the Company's continued development work, technical, safety or regulatory issues, market prices, exploitation and exploration successes, continued availability of capital and financing, and general economic, market or business conditions. Although the Company believes that the expectations reflected in the forward-looking information or statements are reasonable, prospective investors in the Company's securities should not place undue reliance on forward-looking statements because the Company can provide no assurance that such expectations will prove to be correct. Actual results or developments may differ materially from those projected in the forwardlooking statements, as assay intervals might not necessarily represent true width. Such risks include expectations that may be raised by discussing potential mine types and by comparing the Company's projects to other projects. Also, in order to proceed with the Company's exploration and acquisition plans, additional funding is necessary and, depending on market conditions, this funding may not be forthcoming on a schedule or on terms that facilitate the Company's plans. Forward-looking information and statements contained in this news release are as of the date of this news release and the Company assumes no obligation to update or revise this forward-looking information and statements except as required by law.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) has reviewed or accepts responsibility for the adequacy or accuracy of this release.

Trueclaim Exploration Inc.
John Carter
1-888-686-1405 (FAX)

Trueclaim Exploration Inc.

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Trueclaim is a gold exploration company based in Canada.

Its main exploration properties are SANDEB PROPERTY and EAST WANAPITEI (SCADDING PROPERTY) in Canada.

Trueclaim is listed in Canada. Its market capitalisation is CA$ 2.1 millions as of today (US$ 1.6 millions, € 1.4 millions).

Its stock quote reached its highest recent level on January 15, 2010 at CA$ 2.54, and its lowest recent point on April 22, 2016 at CA$ 0.01.

Trueclaim has 21 305 588 shares outstanding.

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