2008-10-01 16:45 ET - News Release

See News Release (C-CGM) Citadel Gold Mines Inc

Mr. John Sadowski of Citadel reports

CITADEL GOLD MINES INC. COMPLETES AIRBORNE SURVEY OF SUDBURY BASE METAL PROPERTY

Citadel Gold Mines Inc. has acquired 472 line-kilometres of airborne time-domain electromagnetic and magnetic data from an AeroTEM survey on the Massey property located near Elliot Lake, Ont., about 100 kilometres (km) west of Sudbury.

The property, which is owned by Trelawney Resources Inc. and optioned to the company, consists of about 2,000 acres covering three former copper-producing mines:

• The Massey mine;
• The Hermina No. 1 mine;
• The Hermina No. 3 mine.

The survey outlined what appears to be a large gabbro unit striking east-west as a prominent magnetic feature. The electromagnetic data were less useful, as the AeroTEM system was strongly affected by power line noise. A major power line runs subparallel to the area of interest.

The company contracted Balch Exploration Consulting Inc. to review the AeroTEM data, to comment on the AeroTEM response near the power lines, and to integrate the airborne data with the geological model.

The company has been advised that there is no indication of any large shallow or deep conductive body based on the airborne survey results. Close to the power line, results are inconclusive, as interference extends for a distance of approximately 300 metres from the power lines. Flight lines over known mineralization did not display significant anomalies, nor do they suggest that the known occurrences have lateral extensions.

This news release was reviewed and approved for technical disclosure by Roy Rupert, PEng, consulting geologist, of Roy J. Rupert & Associates, an independent qualified person under National Instrument 43-101.

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