Talk of constructing headframe... de-watering shaft... they have a mill...goign into production... great news.

red911

Roxmark drills one m of 3.33 g/t Au at Northern Empire

2009-09-25 13:41 ET - News Release

Mr. Monir Younan reports

ROXMARK CHANNEL SAMPLING, DRILLING CONTINUES TO DEFINE NEW GOLD DISCOVERY AT NORTHERN EMPIRE MINE PROPERTY

Roxmark Mines Ltd. has completed additional channel sampling and limited drilling on the newly discovered structure parallel to the Power and Contact zones on the Northern Empire gold mine property which produced 149,000 ounces of gold.

The structure, containing high-grade gold mineralization, was outlined by an airborne high-resolution aeromagnetic survey and first defined by a previously announced stripping and channel sampling program (see Stockwatch news dated June 24, 2009, and July 23, 2009) which returned gold values up to 36.40 grams per tonne.

Additional channel sampling to date has continued to provide encouraging results, showing continuous gold mineralization along the new zone. Currently, just over 35 per cent of the strike length has been stripped.

        SUMMARY OF ADDITIONAL CHANNEL SAMPLING
      
Channel No.        Sample No.   Au (g/t)      Width (m)

NE-09 - C211       3387            3.87           0.30
NE-09 - C220       3429           10.40           0.30
NE-09 - C222       3435-3437       3.68           1.10
NE-09 - C223       3444           18.10           0.40
NE-09 - C224       3447-3448      13.74           0.90
NE-09 - C225       3452            6.89           0.30
NE-09 - C233       3483            7.04           0.30
NE-09 - C234       3485-3486       6.22           0.60
NE-09 - C247       3540           10.50           0.40
NE-09 - C252       3560-3561       6.08           0.80

The first phase of drilling was designed to test and confirm the mineralization as outlined by channel sampling. Several holes over the past month intersected the new mineralization with grades up to 21.10 g/t gold over 0.30 metre or 15.60 g/t gold over 0.60 m. The new zone lies about 240 metres south of the Power zone and is a similar high-grade, narrow vein structure.

Widely spaced holes have been drilled above the diabase sill over less than half of the strike length. A more comprehensive follow-up drilling program is planned once further field data can be compiled and analyzed. The intercepts are highly significant because they show the zone is open to expansion along strike.

           SUMMARY OF DRILLING ON NEW GOLD DISCOVERY
    
Hole ID      Dip       From          To  Length (m)        Au (g/t)

NE-09-10     -60      30.70       31.30       0.60           15.60
including             30.70       31.00       0.30           21.10
NE-09-08     -60      24.60       25.10       0.50            3.18
                      68.00       69.00       1.00            3.33
NE-09-12     -60      50.50       51.10       0.60            5.62
NE-09-13     -45      40.30       40.70       0.40            6.76
NE-09-14     -60      50.70       51.00       0.30            7.98
NE-09-20     -60      18.00       18.30       0.30            6.28
NE-09-24     -60      73.30       72.60       0.30            6.44
NE-09-35     -45      12.50       15.50       3.00            5.67
including             12.50       13.40       0.90           12.35
    
Note: True widths are estimated at approximately 70 per cent of 
intersection width.

"These are early days in our exploration of this structure, but we are very encouraged by what we are seeing," said Roxmark president Monir Younan. "Further work at surface and detailed analysis of results to date will help pinpoint future drilling to take greatest advantage of the structure. In addition, we look forward to testing potential at a greater depth below the diabase sill, particularly since other structures at the Northern Empire mine are mineralized both above and below the sill."

Peter Bevan, PEng, consulting geologist, is the qualified person for the information contained in this news release and is a qualified person within the meaning of National Instrument 43-101. Assay results are from core samples sent to Activation Laboratories, an accredited mineral analysis laboratory in Thunder Bay, Ont., for preparation and analysis using both fire assay and screen metallic methods.

The Northern Empire mine is located in the town of Beardmore, approximately 200 kilometres northeast of Thunder Bay and serviced by the Trans-Canada Highway. It 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 ounce per ton Au. The on-site 200-ton-per-day mill was built in 1982 and upgraded and permitted by Roxmark.

Roxmark's current plan is to develop the eastern strike length of the Northern Empire mine by a decline and mine the area to the second level. A preliminary study indicates that production can begin within six months of completing development work. This program will be followed up by dewatering the shaft and installing a headframe, hoist and ancillary equipment on surface and underground. A feasibility study has not been completed and accordingly, there is no certainty that the plan will be economically viable.

We seek Safe Harbor.