Campbell Resources confirms the expansion of a mineralized zone at Copper Rand
01 Mai 2008 - 7:05PM
PR Newswire (US)
MONTREAL, May 1 /PRNewswire-FirstCall/ -- Campbell Resources Inc.
(TSX: CCH, OTC Bulletin Board: CBLRF) today reported that its
in-depth drilling program at the Copper Rand mine confirms the
expansion of a mineralized zone that runs parallel to the main ore
body now developed to the 4,850 foot level. This new zone is
situated 55 feet south of this main ore body and is currently under
development. "These drilling results are extremely significant as
they add a new dimension to the main ore body that we are currently
developing at the Copper Rand mine," said Andre Fortier, Campbell's
President and Chief Executive Officer. "The width and extent of
this mineralized zone make it more attractive for Campbell to
continue the ramp down to the 5000 foot level at the mine and
continue with our exploration program at depth." Hole 469 R 151,
with a core length of 8 feet, returned cut grades of 3.54% Cu and
0.036 oz. Au/t at 5,000 feet. Hole 469 R 152, at a lateral distance
of 71 feet from Hole 469 R 151, has a core length of 18.9 feet and
returned cut grades of 4.62% Cu and 0.050 oz. Au/T at the 5,060
foot level. This mineralized zone had been identified in previous
drillings above level 4790, but the results obtained at that time
did not convey the importance and potential of the zone. Campbell
will continue drilling in the area to further define the extent of
the mineralized zone and to establish estimated yield. The
qualified person, Valere Larouche, ing.-geologist, is the Chief
Geologist for Campbell Resources Inc. Analysis was conducted at the
Campbell Resources laboratory in Chibougamau, Quebec. Campbell
Resources Inc. concentrates on the development and exploitation of
copper and gold mining properties in the Chibougamau region of
Quebec. The geographical grouping of its operations allows the
Company to realize economies of scale and to focus development
within access to existing infrastructures. Campbell's main
operations include the Copper Rand and Merrill mines, the Corner
Bay project and the Copper Rand mill. The Company's headquarters
are located in Montreal, Quebec. Certain information contained in
this release contains "Forward-Looking Statements" within the
meaning of the Private Securities Litigation Reform Act of 1995 and
is subject to certain risks and uncertainties, including those
"Risk Factors" set forth in the Campbell's current Annual Report on
Form 20-F for the year ended December 31, 2007. Such factors
include, but are not limited to: differences between estimated and
actual mineral reserves and resources; changes to exploration,
development and mining plans due to prudent reaction of management
to ongoing exploration results, engineering and financial concerns;
and fluctuations in the gold price which affect the profitability
and mineral reserves and resources of Campbell. Readers are
cautioned not to place undue reliance on these forward-looking
statements, which speak only as of the date hereof. Campbell
undertakes no obligation to release publicly any revisions to these
forward-looking statements to reflect events or circumstances after
the date hereof or to reflect unanticipated events or developments.
DATASOURCE: CAMPBELL RESOURCES INC. CONTACT: Campbell Resources
Inc.: Andre Fortier, President and Chief Executive Officer, (514)
875-9037, Fax: (514) 875-9764, ; Renmark Financial Communications
Inc.: Henri Perron, ; Josh Rivard, , (514) 939-3989, Fax: (514)
939-3717; http://www.renmarkfinancial.com/
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