|
2008 EXPLORATION TO BEGIN ON TRADE WINDS' BRITISH COLUMBIA COPPER AND GOLD PROJECTS
Vancouver, BC, July 16, 2008 - Trade Winds Ventures Inc. (Trade Winds) (TSX-V: TWD, FSE: TVR) is pleased to announce the start of 2008 exploration on the Treasure Mountain Copper and the Dardanelles Gold projects located near Terrace, British Columbia. Permitting and mobilization is underway in preparation of field work on both projects once conditions permit. The focus of this field season will be to advance both projects from grass roots stage to drill stage properties, including drilling on the Treasure Mountain Copper Project.
Treasure Mountain
The 2008 field program on the Treasure Mountain Copper project is designed to follow up the 2007 discovery of zones of disseminated copper mineralization. At the Danee Zone, a 145m thick permeable layer of volcanic sediments is host to disseminated copper mineralization that was the subject of initial trenching last season. Based on these previous results the company plans to determine the size and mineralization of this zone. The program will begin with geological mapping and trenching to identify drill targets for diamond drilling planned for the late 2008 or early 2009 field season, primarily dependent upon weather conditions.
Exploration and drilling is also planned for the Purdex Zone, targeting the zone where historical drilling intersected 53 feet (16.2 metres) grading 2.11 % copper (non 43-101 compliant data) and the Trail Zone from which a 2006 trench sample returned 1.72% copper and 23.4 g/t gold. In addition, the Treasure North grass roots property, acquired in 2007, will be targeted for prospecting sampling of known historical showings.
Dardanelles
Trade Winds has planned the 2008 exploration program on this 100% owned property to follow up the results of the Company's 2005 drill program which returned intersections of 17.85 g/t gold over 2.0m and 4.64 g/t gold over 1.2m from veins on the hanging wall of an Aplite dike. The Dardanelles field program will consist of systematic geological mapping, surface trenching and sampling designed to determine the length of known Aplite dike/vein system and to determine if multiple dikes/veins exist as indicated from the 2005 field work.
This exploration program will also target underground exploration of the 560m adit originally driven in the 1920's along the known Aplite dike/vein system, including detailed mapping and sampling.
Mr. Alex Burton, P. Eng., P. Geo., is the project manager for the Treasure Mountain and Dardanelles properties, and the material in this news release has been prepared and reviewed by Stephen Wallace, P. Geo, VP Exploration, a Qualified Person as defined in NI43-101. Trade Winds, as operator of these projects, has implemented a quality control program to ensure best practice in the sampling and analysis of the drill core. All fire assay results are being provided by ALS Chemex.
FOR FURTHER INFORMATION PLEASE CONTACT:
Ian D. Lambert, CEO/President (604) 648-6225
Colin Robson, Investor Relations Toll Free (866) 698-9187 ext 231 or (604) 648-6223
Email: info@tradewindsventures.com
Visit our Website at www.tradewindsventures.com This press release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, that address future exploration drilling, exploration activities and events or developments that the Company expects, are forward looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, continued availability of capital and financing, and general economic, market or business conditions.
WARNING: The Company relies upon litigation protection for "forward-looking" statements.
THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT
RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS
PRESS RELEASE. |