Campbell Resources identifies the vertical continuity of a high-grade mineralized zone at Copper Rand
21 Mai 2008 - 4:51PM
PR Newswire (US)
MONTREAL, May 21 /PRNewswire-FirstCall/ -- Campbell Resources Inc.
(TSX: CCH, OTC Bulletin Board: CBLRF) today reported that its
ongoing drilling program at the Copper Rand mine has the vertical
continuity of higher-grade mineralized ore that run parallel and
approximately 500 feet south of the main ore body. This ore zone
was developed and mined on the 4,690 foot level, to a height of 60
feet, in first quarter of 2008. "Our drilling results at Copper
Rand continue to be extremely encouraging," said Andre Fortier,
Campbell's President and Chief Executive Officer. "Results to date
confirm the presence of material grading more than 4% Cu
(non-diluted) and will allow the on-going development of this zone.
These latest results of our exploration program-coupled with the
confirmation of the expansion of a mineralized zone at the 4850
level that the Company reported on May 1st of this year-underscore
the potential of the Copper Rand mine." Hole 469 R 153, 225 feet
above level 4690, has a core length of 13.1 feet (true width: 5.4
feet) and returned cut grades of 4.72% Cu and 0.118 oz. Au/t. Hole
469 R 154, 154 feet above level 4690, has a core length of 10.6
feet (true width: 6,8 feet) and returned cut grades of 4.92% Cu and
0.030 oz. Au/t. Hole 469 R 155, 92 feet above level 4690, has a
core length of 8.3 feet (true width: 6.6 feet) and returned cut
grades of 3.99% Cu and 0.054 oz. Au/t. Hole 469 R 158A, 172 feet
above level 4690 and 45 feet west of first three holes, has a core
length of 16.1 feet (true width: 8.3 feet) and returned cut grades
of 4.20% Cu and 0.052 oz Au/t. Campbell will continue drilling in
the area to further define the vertical and horizontal extent of
this mineralized zone and to establish estimated yield. The
qualified person, Valere Larouche, eng.-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: ; Eric St-Pierre: , (514) 939-3989, Fax: (514)
939-3717; http://www.renmarkfinancial.com/
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