Expedition Announces Exploration Program on the Brew Property, White Gold District, Yukon
Published : April 07, 2011
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Keywords :   Diamond | Gold | Iron | Market |

VANCOUVER, BRITISH COLUMBIA--(Marketwire - April 7, 2011) -

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

Expedition Mining Inc. (TSX VENTURE:EXU) (the "Company") and Aldrin Resource Corp. (News - Market indicators) are pleased to announce that plans are well under way for the upcoming 2011 work program on the Brew property, in the White Gold District, Yukon. The program will include additional soil sampling, as well as a trenching program designed to develop targets to be tested in a core drilling program. Expedition Mining is conducting exploration on the Brew property under a joint venture agreement with Aldrin Resource Corp. whereby Expedition can earn a 50% interest in the property.

Ground Truth Exploration Inc. will be conducting an extensive soil sampling program totalling 3,000 samples on the Brew property in the 2011 field season. The existing soil grid will be extended to the East following a linear gold-in-soil anomaly outlined in the 2010 sampling program. Grid samples will be collected at 50 metre station and 100 metre line spacing. The remainder of the property will be sampled with ridge and spur traverses to outline additional targets within the Brew property. Ridge and spur samples will be collected at 50 metre sample spacing. (For additional information, soil sample map is posted on our website at www.expeditionmining.com.)

During the 2010 field season approximately 3,496 soil samples were collected, and the results expanded and better defined the extent of several open-ended gold anomalies in the Central zone along the main northwest trend. The soil surveys delineated a three kilometre long gold anomaly across the central grid area, and one kilometre north the soil sampling identified a second three kilometre long gold anomaly. Due to early winter conditions in 2010, only five trenches were completed, with four completely chip sampled. The highest in-soil values (maximum of 874.1 parts per billion gold) have not been trenched. During the 2011 field season, seven trenches are planned to evaluate the highly anomalous gold zones. 

Significant fault zones, identified by highly brecciated and silicified host rock were intersected in the Brew trenches which also exposed iron-rich gossan material containing anomalous gold values in the brecciated zones. The trenches exposed gossan material up to 45-metres in length in the trenches. Elevated iron numbers from the trench samples suggest the rock originally contained high percentages of sulphides which may have mobilized gold during oxidation.

Expedition has contracted Aurora Geosciences Ltd. of Whitehorse, Yukon to manage the 2011 exploration program at the Brew property. In mid-May, Aurora will conduct shallow Diamond drilling beneath Trenches 10-1 and 10-2 to obtain fresh samples of mineralized rock, using a Packsack drill to test the fault zones to a depth of 20 m below ground level. Thereafter, additional soil sampling and trenching will be conducted in the Central Zone in mid-July to locate a bedrock source for the gold soil anomalies. After reviewing the 2010 results Jean Pautler, P.Geo., made the following recommendations: Several of the five trenches excavated in 2010 will be deepened and additional trenches will be excavated. Logging and sampling should be completed by early August. The Company is making preparations to complete a conventional Diamond drill program in September, contingent upon favourable trench program results. All exploration work on the Brew property will be conducted under the supervision of Dave White, P.Geo., a Qualified Person with respect to National Instrument 43-101.

Information with respect to the Brew property contained in this press release is approved by Bert W. Jeffries, P.Geo., qualified person required under National Instrument 43-101.

Expedition is a publicly held Canadian exploration company focused on acquiring, exploring and developing gold properties located in favourable geo-political climates. The company is led by a highly skilled, experienced board and management team with significant successes in managing early stage mineral exploration companies. For additional information concerning Expedition Mining Inc. or its various exploration projects please visit Expedition's website at www.expeditionmining.com.

ON BEHALF OF THE BOARD:
(signed) "Ronald Atlas"
President & Chairman of the Board
Expedition Mining Corp.
  ON BEHALF OF THE BOARD:
(signed) "Johnathan More"
President
Aldrin Resource Corp.

CAUTION REGARDING FORWARD LOOKING STATEMENTS:

This news release contains "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities legislation. Generally, these forward-looking statements can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "can", "could", "would", "might" or "will be taken", "occur" or "be achieved". Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of Expedition Mining to be materially different from those expressed or implied by such forward-looking statements, including but not limited to: risks related to the exploration and potential development of its properties, the actual results of current exploration activities, conclusions of economic evaluations, changes in project parameters as plans continue to be refined, future prices of gold. Although Expedition Mining has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. Expedition Mining does not undertake to update any forward-looking statements that are incorporated by reference herein, except in accordance with applicable securities laws.

Standard & Poor's Listed

Issued Share Capital: 54,960,318

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

Expedition Mining Inc.
William Galine
(604) 662-3903
bgaline@expeditionmining.com
www.expeditionmining.com

Aldrin Resource Corp.

EXPLORATION STAGE
CODE : ALN.V
ISIN : CA0144311002
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Aldrin Resource is a exploration company based in Canada.

Its main exploration properties are KEYSTONE, LONGLINE, BREW and IND in Canada.

Aldrin Resource is listed in Canada. Its market capitalisation is CA$ 4.5 millions as of today (US$ 3.4 millions, € 3.2 millions).

Its stock quote reached its highest recent level on June 04, 2010 at CA$ 5.94, and its lowest recent point on November 17, 2016 at CA$ 0.07.

Aldrin Resource has 47 390 000 shares outstanding.

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