6,200 metres of surface drilling to test extension of Contact Zone - Roxmark mobilizes drill rig to test mineralization extensions on Northern Empire Gold Mine

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[{"type":"text","content":"\n\n\n\nTORONTO, Feb. 22 /CNW Telbec/ - Roxmark Mines Limited (TSXV - RMK) today\nannounced that a drill rig has been mobilized to commence a program of\n6,200 metres of surface diamond drilling to begin immediately at the Company's\nNorthern Empire Mine property in the Beardmore Camp.\n\n\nThe 2008 program follows recommendations by independent geologist Peter\nBevan, P. Eng. in a NI 43-101-compliant Report issued in December 2007 and is\ndesigned to test 1,250 metres of strike length within the west extension of\nthe Contact Zone at the Northern Empire Mine. In 2007, a limited 2,711-metre,\n26-hole drill program tested 200 metres of strike length of the Contact Zone\nfrom 7+00E to 9+00E to a depth of just 100 metres, east of previously known\nand mined gold mineralization in the Power Zone.\n\n\n"We are excited about further assessing gold resources at The Northern\nEmpire," said Monir Younan, President. "As we've said before, our conceptual\nassessment that potential from the Contact Zone could be in the neighbourhood\nof 300,000 oz., is based on the Bevan Report's findings and an assumed a grade\nranging from 0.35 to 0.40 oz/t Au. and of 750,000 to 800,000 tons of\nmineralized material." (This assessment is based on insufficient exploration\nwork to define resources and uncertainty if further exploration will result in\noutlining mineral resources).\n\n\n"With success in this phase of the 2008 program, Roxmark will be poised\nto identify additional gold resources within this system both at depth and\nalong strike, as the zone remains open in all directions," he added. "Gold\nresources from the first phase of the 2008 program will assist in a scoping\nstudy to determine the economics of recommencing production at The Northern\nEmpire."\n\n\nThe Northern Empire Mine was serviced by a shaft to a depth of 2,460 feet\nand produced 149,000 ounces of gold from 426,000 tons of ore at a recovered\ngrade of 0.35 oz/t Au. The mine hosts an on-site 200TPD mill (expandable to\n500TPD) which was built in 1982 and upgraded and permitted by Roxmark. It\nprocessed gold and molybdenum ores in 2005 and 2006, respectively.\n\n\nFollowing the recommendations of the Bevan Report, Roxmark's objective is\nto recommence gold production at the Northern Empire Mine after successfully\ndelineating extensions to t...

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