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Re: News - Monday, April 16, 2007
Logan Resources Acquires Englishman Uranium Project, Yukon
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Vancouver -- Monday, April 16, 2007- Logan Resources Ltd. (TSXV:LGR)
today announced that it has entered into an option agreement with 37999
Yukon Inc. of Whitehorse, Yukon Territory (the "Agreement"), whereby
the Company has been granted an option to acquire a 100% interest
(subject to a 2% NSR) in a uranium mineral exploration property, known
as the Englishman property. The property, which consists of 16 mineral
claims covering 826 acres (334.5 hectares), is located in the Watson
Lake Mining District of the Yukon Territory, 160 km east of Whitehorse
and 60 km northeast of Teslin.

"The uranium mineralization discovered to date is secondary and
inferred to be structurally controlled. Streams draining the property
are highly anomalous for uranium but the bedrock source has not been
located making this a very attractive exploration target," said Mike
Hibbitts, P.Geo, Vice President-Exploration.

The property was originally staked as the ABBA claims by
Urangesellschaft and Eldorado Nuclear in 1978-1979 during follow up to
a regional reconnaissance radiometric survey conducted by the company.
Detailed airborne and ground radiometric surveys, mapping and sampling
were conducted by Urangesellschaft in 1979. Sampling by
Urangesellschaft, identified widespread stream silt uranium anomalies
with silt samples returning values to 5280 ppm (0.528%) uranium and
bedrock samples up to 900 ppm (0.09%) uranium with anomalous lead and
molybdenum. In the same year, Eldorado Nuclear added a large block of
claims to the south and conducted mapping, radiometric surveying and
geochemical sampling. With the collapse of the uranium market, interest
waned and the claims were allowed to lapse. In 1985, the GSC conducted
a regional stream silt sampling program of the Yukon. The highest
uranium value 481 ppm (0.0481%) recovered for the entire program was
found on this property.

"This prospective uranium project is a tremendous addition to our
growing portfolio of Canadian projects," said Seamus Young, President
and CEO. "We intend to conduct a thorough evaluation of the property
during the 2007 exploration season," he added.

Under the terms of the Agreement, in order to exercise the option the
Company must pay the sum of $50,000, issue 250,000 common shares and
incur $350,000 of exploration work on the property over a period of
three years. The owner has retained a 2% net smelter return royalty,
one-half (or 1%) of which may be purchased by the Company for the sum
of $2,000,000. The Company holds a right of first refusal on the
balance of the royalty. The Agreement is subject to the acceptance of
the TSX Venture Exchange.

Michael Hibbitts, P. Geo, Vice President Exploration is the Qualified
Person for this property.

Logan Resources Ltd. is a mineral exploration company that specializes
in acquiring, exploring and advancing Canadian mineral properties
prospective for precious metals, base metals and uranium. It has an
exceptional property portfolio with discovery potential. For more
information on the projects and the Company, please visit
www.loganresources.ca, www.sedar.com and www.sec.gov websites.

ON BEHALF OF THE BOARD

"Seamus Young"
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Seamus Young
President and CEO


For Further Information Please Contact:

Seamus Young, President & CEO
syoung@loganresources.ca
T: 604-689-0299 x 223

Michael Hibbitts, Vice President -- Exploration (Qualified Person)
mhibbitts@loganresources.ca
T: 604-689-0299 x 228

Statements contained in this news release that are not historical facts
are forward-looking statements, which are subject to a number of known
and unknown risks, uncertainness and other factors that may cause the
actual results to differ materially from those anticipated in our
forward looking statements. Although we believe that the expectations
in our forward looking statements are reasonable, actual results may
vary, and we cannot guarantee future results, levels of activity,
performance or achievements.

The TSX Venture Exchange has neither approved nor disapproved the
information contained herein.

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Copyright (c) 2007 LOGAN RESOURCES LTD. (LGR) All rights reserved.
For more information visit our website at http://www.loganresources.ca/
or send mailto:info@loganresources.ca
Message sent on Mon Apr 16, 2007 at 6:26:41 AM Pacific Time
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