GWR Resources drills 26 m of 0.87% Cu, 6.3 g/t Au

2008-12-09 10:44 ET - News Release

Mr. Irvin Eisler reports

GWR DRILLS 26 METRES GRADING 0.87% COPPER AND 6.3 G/T GOLD

GWR Resources Inc. has now completed the field aspect of its 2008 exploration program on its Lac La Hache project and is now compiling all exploration data in order to establish a plan for the 2009 exploration season. The early cessation of the 2008 exploration program was largely the result of the lack of permit approval by the Ministry of Mines for continued exploration of the southern extension of the Aurizon zone, over which a recently completed deep induced polarization survey resulted in the recognition of a number of drill targets that had not previously been defined.

One of the final drill holes completed on the Aurizon zone's southern extension was over a weak induced polarization anomaly that had not been recognized by a geophysical survey carried out in the early 1990s. This drill hole, AZS08-07, intersected highly enriched gold mineralization with chalcopyrite. Although a relatively short intersection, the induced polarization survey suggests that this newly discovered zone widens and becomes closer to the surface to the southeast, an area where the company's drill permit application, filed in September, 2008, is still pending.

The significance of this drill hole is that the mineralization displays very weak induced polarization response and negative magnetic response relative to the surrounding area, unlike other areas of known copper mineralization within the Lac La Hache project area, where mineralization is often manifested as a magnetic high owing to the presence of magnetite associated with copper sulphides. The depth of the intersection (greater than 270 metres from the surface) and the lack of secondary copper species suggest that the mineralization is hypogene (in other words, primary) and is not the result of secondary, supergene enrichment.

Drilling is now completed on both the Peach 1 and Peach 2 prospects for the exploration year. To date, results indicate the presence of only low-grade copper mineralization on both prospects (0.3 per cent or less), apart from the high-grade copper mineralization intersection in P108-01. On both the Peach 1 and Peach 2 prospects, the high induced polarization responses are due to pyrite with only minor chalcopyrite. However, the recently completed induced polarization survey suggests that the pyrite-rich zone describes a halo above a lower chargeability anomaly that may indicate the presence of copper mineralization and this concept will be tested in 2009. The cause of the abnormally high copper content in soils over these areas remains unknown.

The company employs a quality assurance/quality control program that conforms to industry standards and to the requirements of National Instrument 43-101. Dr. David G. Bailey, PhD, PGeo, the Lac La Hache project manager and the qualified person as defined by National Instrument 43-101, accepts responsibility for the technical content of this news release.

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