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Drilling Resumes On La Fortuna Project
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January 7, 2008, - Vancouver - Golden Peaks Resources Ltd. (TSX: GL)
reports that the current drill program has resumed on its La Fortuna
gold project in Patagonia, Argentina, following the Christmas break.
Two drill rigs will continue detailed drilling of the discovery T-11
zone, the Amphitheatre zones, untested surface gold mineralization on
the CR Structure, as well as reconnaissance drilling of as yet untested
parts of the A, E, CB and ML Structures.
http://www.goldenpeaks.com/i/maps/StructureMap-nocap.jpg.
All zones drilled to date are open in all directions.
All holes drilled prior to the Christmas break have been delivered for
assay and results are awaited.
The Company is looking forward to an exciting and aggressive drilling
season for 2008 on the Company's gold projects.
This press release has been reviewed and approved by Dr. Kieran Downes,
P.Geo., President of Golden Peaks Resources Ltd. and a Qualified Person
as defined by National Instrument 43-101, under whose direction the
exploration programs are being carried out.
Media Information, contact:
Scott Emerson, Chairman and Director
SE@goldenpeaks.com
Investor Information, contact:
Mike Kordysz, Investor Communicationsv
MK@goldenpeaks.com
The TSX Exchange has not reviewed and does not accept responsibility
for the adequacy or accuracy of this release.
The statements herein that are not historical facts are forward-looking
statements. These statements address future events and conditions and
so involve inherent risks and uncertainties, as disclosed under the
heading "Risk Factors" in the company's periodic filings with Canadian
securities regulators. Actual results could differ from those currently
projected. The Company does not assume the obligation to update any
forward-looking statement.
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Copyright (c) 2008 GOLDEN PEAKS RESOURCES LTD. (TSX-V:GL) All rights
reserved. For more information visit our website at
http://www.goldenpeaks.com/ or send mailto:info@goldenpeaks.com
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