LOcal Company files..this report..a little gold any way..10.7 GMs/ton and change on the play..

Roxmark files Technical Report updating resources at Northern Empire Gold Mine

    TORONTO, Nov. 14 /CNW Telbec/ - Roxmark Mines Limited (TSXV - RMK) today
announced that the Technical Qualifying Report for the Northern Empire Gold
Mine, in accordance with NI 43-101 regulations and dated November 2008, has
been filed on SEDAR and is available at the Company's website. The updated
report was prepared by Peter Bevan, P. Eng., consulting geologist and a
qualified person under NI 43-101.
    The Report includes a renewed assessment of the 2007 and 2008 drilling
programs at the mine as well as a resource calculation, as per NI 43-101,
establishing:
    86,652 tonnes grading 10.70g.Au/t containing 29,807 ounces of Indicated
Gold Resources; and 64,748 tonnes grading 9.95g.Au/t containing 20,719 ounces
of Inferred Gold Resources, at shallow depths over a limited drilled strike
length of the Contact and Power Zones. Roxmark's news release of October 2,
2008 describes both resources and potential in detail.
    The Company is carrying out the recommendations of the Bevan Report by
commissioning a scoping study which includes dewatering the shaft and
installing a headframe, hoist and ancillary equipment on surface and
underground. The recommended plan also includes underground mining a
3,500-4,000-tonne bulk sample to be processed at the Company's Northern Empire
mill.
    The economics of Roxmark's plans to reopen the Northern Empire to produce
gold and carry out underground exploratory drilling will benefit from the
availability of existing underground workings and of the upgraded, fully
permitted onsite mill.
    "While these are tough times for capital markets, we believe the Northern
Empire project will exceed the threshold for commercial development, offering
potential investors an attractive opportunity." said Monir Younan, Roxmark
President.
    The Northern Empire Mine was operated successfully by Newmont Mines from
1934 to 1941. The mine was serviced by a shaft to a depth of 2,460 feet and
produced 149,000 ounces of gold from 426,000 tons of ore at a recovered grade
of 0.35 oz Au/t. The on-site 200TPD mill (expandable to 500TPD) was built in
1982 and upgraded and permitted by Roxmark. It processed gold and molybdenum
ores in 2005 and 2006, respectively.
    The Northern Empire Mine is located in the Town of Beardmore,
approximately 200 km northeast of Thunder Bay and serviced by the Trans-Canada
Highway. Accessibility of all Roxmark properties including the Leitch Gold
Mine and the Nortoba-Tyson property (a new source of gold and molybdenum) is a
strong advantage.
    Certain Roxmark holdings in the Geraldton Camp are under option agreement
to Premier Gold Mines Limited (TSX-PG) which has incurred more than $6.1
million in exploration expenditures since September 2007. Additionally,
several properties are being acquired by Premier to be included in the joint
venture known as the Geraldton Project (For more details see Roxmark's news
release dated October 23, 2008).