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Roxmark Mines Ltd

Publié le 26 juin 2008

Premier - Roxmark Kailey Zone Drilling Returns 1.47g/t Au Across 162.0 Metres

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PREMIER - ROXMARK  KAILEY ZONE DRILLING RETURNS 1.47g/t Au ACROSS 162.0 METRES


Toronto, Ontario, June 26, 2008.  Roxmark Mines Limited (TSXV � RMK) today announced that drilling by Premier Gold Mines (TSX:PG) as operator has returned the best results to date in the recently discovered Kailey Zone at the Geraldton Project in Northwestern Ontario.  Drilling in the central part of the Kailey Zone has returned gold intersections well in excess of 100 metres where the two broad parallel stringer horizons converge to the east.

The Kailey Zone is a bulk tonnage target proximal and parallel to the historic Little Long Lac Gold Mine from which more than 600,000 ounces of gold were produced during the period 1934-53 at an average grade of 11.66g/t Au.  Highlights from ongoing drilling include 1.32g/t Au across 191.2 metres, 2.16g/t Au across 92.2 metres, 1.47g/t Au across 162.0 metres and 1.15g/t Au across 140.2 metres.

Drilling in the Kailey Zone has identified parallel horizons (K1 � North & K2 � South) which converge in the central and eastern sections.  The latest three intersections have true widths approaching 100 metres.  Drilling has cut off the horizon to the east with mineralization remaining open primarily down-plunge where drilling is currently focused.  The following table provides a summary of recent assay results received from drilling the Kailey Zone on Section 12+75E (dip angles:  50 (043), 60 (045), 70 (048) degrees):

Hole-ID

Section

From

To

Length (m)

Zone

AU (g/t)

AU (opt)

PLL08043

1275E � 3+30N

6.8

147.0

140.2 (460 ft)

K1-K2

1.15

0.034

 

Incl.

6.8

68.0

 62.2 (204 ft)

K2

1.23

0.036

 

Incl.

85.0

147.0

 62.0 (203 ft)

K1

1.33

0.039

PLL08045

1275E � 3+30N

6.0

168.0

162.0 (531 ft)

K1-K2

1.47

0.043

 

Incl.

27.0

72.0

 45.0 (148 ft)

K2

1.61

0.047

 

Incl.

91.5

168.0

 76.5 (251 ft)

K1

1.93

0.056

PLL08048

1275E � 3+30N

5.8

197.0

191.2 (627 ft)

K1-K2

1.32

0.038

 

Incl.

5.8

98.0

  92.2 (302 ft)

K2

2.16

0.063

 

Incl.

212.0

215.0

3.0 (9.84 ft)

K1a

7.06

0.206


 






 

 

 

It is Premier management�s belief that these horizons could also direct future exploration towards discovering and delineating higher-grade mineralization potentially amenable to underground mining methods.  Higher grade intersections of 6.14g/t Au across 3.0 metres in hole PLL08045 and 7.06g/t Au across 3.0 metres in hole PLL08048 demonstrate this potential.  In order to test this theory, drilling is currently being performed to test the K1 horizon at depth.

Premier holds the option to acquire up to a 70% interest in the Geraldton Project from Roxmark by making cash and share payments to Roxmark, and performing exploration on the Project.  The current drilling is part of an ongoing program aimed at confirming Premier�s belief that previously untested sub-parallel mineralized faults occur proximal to the historic Little Long Lac Gold Mine.  In addition to the Kailey Zone, drilling is currently testing �TAZ� and �Mine Repetition�, two of the program�s other primary targets believed to have high potential to host gold mineralization.  Veining and mineralization has been identified in both target areas and assays are expected in the near future.
 
The �Geraldton Project� is located in the heart of the Beardmore-Geraldton Greenstone Belt, a highly prospective high-grade gold district that has seen relatively little exploration over the past several decades.  The Project area covers appro ximately 10 kilometres of some of the most prospective geology in the region and is host to three past-producing mines and numerous exploration targets in a district that has seen historic production of more than 4.1 million ounces of gold. 

Stephen McGibbon, P. Geo., is the Qualified Person for the information contained in this press release and is a Qualified Person within the meaning of National Instrument 43-101. Core from Geraldton is sent to Accurassay Laboratories, an accredited mineral analysis laboratory in Thunder Bay, Ontario, for preparation and analysis utilizing both fire assay and screen metallic methods.
                                                              

Further information is available on the Company's website at www.roxmark.com and on SEDAR under the Company's profile at www.sedar.com.

Forward-Looking Statements
This news release includes certain �forward-looking statements�.  Such forward-looking statements involve risks and uncertainties.  The results or events predicted in these forward-looking statements may differ materially from actual results or events.  Any forward-looking statement speaks only as of the date of this news release and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events or results or otherwise.


Monir Younan, President                                    
Roxmark Mines Limited                                         
801- 80 Richmond St. West                                   
Toronto, Ontario  M5H 2A4  

Tel.: (416) 860-1636
Fax: (416) 360-7355
E-mail: roxmark@on.aibn.com       Website: www.roxmark.com


Renmark Financial Communications Inc.
Christine Stewart: cstewart@renmarkfinancial.com 
Barbara Komorowski: bkomorowski@renmarkfinancial.com
Tel.: (514) 939-3989
Fax: (514) 939-3717
www.renmarkfinancial.com


The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this news release.


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Roxmark est une société d’exploration minière basée au Canada.

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Financements de
18/11/2008Receives $500,000 from Warrants Exercised by Significant Sha...
18/12/2007 Completes $1.18 Million Flow-Through Financing
Attributions d'options de
13/11/2008Grants Stock Options
Projets de
14/11/2008Files Technical Report Updating Resources at Northern Empire...
13/11/2008(Nortoba-tyson)Extends Molybdenum Mineralization at Nortoba-Tyson Molybdenu...
02/10/2008(Northern Empire)Drilling Programs, Gold Resources at Northern Empire Mine
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25/08/2008(Nortoba-tyson)Mobilizes Drill Rig to Test Nortoba-Tyson Gold Mineralizatio...
18/06/2008(Northern Empire)Continues to Intersect High-Grade Gold Mineralization at Nor...
27/05/2008(Geraldton)Results at Kailey Zone Show Significant Increase in Gold Gra...
21/05/2008(Northern Empire)Intersects High-Grade Gold Mineralization at Northern Empire...
06/05/2008(Geraldton)Premier-Roxmark Geraldton Drilling Continues to Expand Gold ...
01/04/2008(Magnet Mine)Premier-Roxmark Discover High-Grade Gold Beneath Highway at ...
03/03/2008Intersects 254.8 g/t (7.44 oz/ton) and 60.88 g/t (1.78 oz/to...
25/01/2008(Magnet Mine) Magnet Mine Property by Premier Gold Intersects Primary Tar...
20/11/2007(Northern Empire) Plans Winter Drilling, Re-Opening of Northern Empire Mine
Communiqués de Presse de
24/09/2008 More than $6.1 Million in Exploration Completed - Roxmark U...
26/06/2008Premier - Roxmark Kailey Zone Drilling Returns 1.47g/t Au Ac...
19/06/2008Board election
29/05/2008Third Drill Added to Test Primary Geraldton Project Gold Tar...
16/04/2008Provides Progress Report on Premier Agreement
03/01/2008Independent geologist calls for underground drilling, produc...
24/09/2007Premier Gold Announce Joint Venture Agreement For Geraldton ...
22/08/2007Retains Renmark Financial
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