Gamma Resource Estimation
Calgary, AB - February 20, 2008 - Leeward Capital Corp. (TSX-V: LWC)
Leeward is pleased to report that the company is in receipt of a NI 43-101 resource estimate on the Gamma Zone located on Nithi Mountain eight kilometers south of Fraser Lake in central British Columbia. This NI 43-101 compliant resource was estimated by Mr. James A. Kelley, P.Geol, P.Eng, who is a Qualified Person (QP) under these regulations.
An inferred resource of 84,315,900 tonnes grading 0.028% Mo (0.047% MoS2) using a 0.020% Mo (0.034% MoS2) cut off is estimated on the Gamma Zone based on 79 diamond drill holes completed. The resource estimation was based on blocks inferred from correlation of mineralized drill intercepts projected on standard drill cross-sections using a minimum core length of five meters.
These sub-horizontal mineralized zones exposed on surface and are readily amenable to exploitation by open pit methods. The report includes a recommendation for 50 additional drillholes with the goals of expanding the reported resource and to upgrade the resource to the next category of drill indicated. For reference, moly prices are quoted per pound of moly oxide (MoO3), which is currently trading at $33.00 per pound, Thus, 0.028% Mo equates to 0.042% MoO3 or just under one pound per tonnes.
In addition, exploration drilling is recommended on the Delta, Sigma and Theta zones, which along with the Gamma Zone are located within the four by five kilometer Alpha Trend. The Alpha trend is defined by coincident molybdenum geochemical anomalies, a magnetic low, as well as potassium and apparent resistivity highs. Nearly all the known molybdenum showings on the Nithi Mountain Moly Property are located with this trend. To date, only about 10% of this trend has been drill tested.
The property is well situated with regard to infrastructure and is road accessible; 8 kilometers from the Village of Fraser Lake which services the producing Endako Moly mine which is located 18 km west-northwest of the Gamma deposit. In addition, a major trunk electrical power line, a major road (HY 16), and the main CN rail line are important power and transportation lines are conveniently located at the base of Nithi Mountain.
James W. Davis MSc, PGeol, FGAC has acted as the QP (qualified person) for the technical content of this release
For further information, contact:
James W. Davis at (403) 265-4077, ext.1.
Renmark Financial Communications Inc.
James Buchanan : jbuchanan@renmarkfinancial.com
Bryan Neebar : bneebar@renmarkfinancial.com
Tel. : (514) 939-3989
Fax : (514) 939-3717
www.renmarkfinancial.com
The TSX Venture Exchange Inc. does not accept responsibility for the adequacy or accuracy of this release
All statements, other than statements of historical fact, in this news release are forward-looking statements that involve various risks and uncertainties, including, without limitation, statements regarding the potential extent of mineralization and reserves, exploration results and future plans and objectives of Leeward Capital Corp. These risks and uncertainties include, but are not restricted to, the amount of geological data available, the uncertain reliability of drilling results and geophysical and geological data and the interpretation thereof and the need for adequate financing for future exploration and development efforts. There can be no assurance that such statements will prove to be accurate. Actual results and future events could differ materially from those anticipated in such statements. These and all subsequent written and oral forward-looking statements are based on the estimates and opinions of management on the dates they are
made and are expressly qualified in their entirety by this notice.
WEB PAGE:  HTTP://WWW.LEEWARDCAPITAL.COM 
E-MAIL:  PRESIDENT@LEEWARDCAPITAL.COM
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Leeward Capital Corp
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EXPLORATEUR |
CODE : LWC.V |
ISIN : CA52459E1060 |
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Leeward Capital est une société d’exploration minière d'or et de cuivre basée au Canada. Leeward Capital détient divers projets d'exploration au Canada et au Myanmar. Ses principaux projets en exploration sont NITHI MOUNTAIN, DUBAWNT LAKE - LEEWARD et MOSSY RIVER au Canada et SET GA DONE au Myanmar. |