Copper Grades Increase At Depth On North Gazooma Discovery, Marshall Lake
- 1.71% copper over 25 metres at North Gazooma from 56.5 metres
- Results validate the 0.71% copper over 31.9 metre 2007 discovery hole
- Hole GAZN-08-08 identifies 53.74 metres at 0.31% copper adjacent
Commenting M.J.(Moe) Lavigne, President of East West Resource Corporation states "This new discovery adds to an already impressive inventory of copper "stringer" style mineralization that is often the root to the massive component of Volcanogenic Massive Sulphide (VMS) deposits. Copper and zinc bearing massive sulphides remain the priority target on this project and the companies will endeavour to maintain an active exploration program."
Thunder Bay, Ontario – February 19th, 2009 – East West Resource Corporation (TSX-V: EWR) and its 50% joint venture partner, Marshall Lake Mining PLC (PLUS: MLMP) are pleased to report drill assays from the final three holes of a ten hole drill program undertaken in 2008 on their Marshall Lake VMS property, 252 kilometres north of Thunder Bay, Ontario.
The three holes being reported on were drilled on the North Gazooma copper zone, which was identified in 2007 as the result of drilling an IP anomaly where the discovery hole, GAZN-07-02, drilled northwards at 45 degree inclination and produced an intercept of 0.71% copper over 31.9 metres (see news release, April 17, 2007).
In this latest round of results a further hole GAZN-08-06 was drilled in the same north-south section, at 60 degrees, underneath the discovery hole GAZN-07-02. The hole entered the copper mineralised zone at 56.5 metres and produced a 25 metre intercept, from 69 to 94 metres which assayed 1.71% copper, 8.71 g/t silver and 0.31 g/t gold. This included a high grade 5 metre zone containing 3.36% copper, 17.14 g/t silver and 0.68 g/t gold. The vertical gap between this intercept and that of hole GAZN-07-02 ranges from 25 to 35 metres, and true width, estimated on the basis of this limited information, is 15 to 20 metres.
Additionally, holes GAZN-08-07 and GAZN-08-08 were drilled on parallel sections, 25 metres east and 25 metres west, respectively, of the section containing holes GAZN-07-02 and GAZN-08-06, and at 45 degrees inclination, northwards. Hole GAZN-08-07 intersected mineralization from 87 to 102 metres depth grading 0.52% copper, 3.36 ppm silver and 0.12 ppm gold. Hole GAZN-08-08 intersected 53.74 metres of mineralization, from 46.26 to 100 metres, which graded 0.31% copper, 1.45 g/t silver, and 0.06 g/t gold.
The full extent of this new discovery remains to be tested, as does numerous other IP anomalies on the property. The project set out above is being supervised by R. Middleton, P.Eng, who is the qualified person and responsible for quality control of the assaying and reporting. More details are available at www.eastwestres.com
ON BEHALF OF THE BOARD OF DIRECTORS
M.J.(Moe) Lavigne, President and CEO