The program follows up earlier results from the North Mine area, including results released on
April 5, 2006 and December 12, 2005. The drill holes in the south to central part of North Mine
area tested a strike length of 350 metres to a depth of 175 metres. Drilling by Vedron, in the 3
drill programs, has now outlined gold mineralization from 1950 North to 2600 North, a distance of
650 metres. Zones remain open both to the North and south and at depth.
Thirteen drill holes tested north - south trending gold zones that are located in the north area of the
Buffalo Ankerite Mine. The property saw historical production of 1,018,000 gold ounces between
1926 and 1953 (Ontario Ministry of Northern Development and Mines, Buffalo Ankerite &
Ankerite March listings). The property continues to hold significant potential to explore and
develop both surface mineable and deeper, down dip gold mineralization. Records of historic
underground workings and drilling indicate good potential to expand gold mineralization on the
property. Known gold mineralized stratigraphy crosses the property for a strike length of 2,000
metres which is located within the 6,000 metre length of the regional geological structure, known
as the south limb of the Porcupine syncline, which hosts six mines that have produced more than
20 million ounces of gold to date (source: Ontario Ministry of Northern Development and Mines).
The drillholes intersected a number of rock types typical of the Timmins gold camp, including
ultramafic volcanic, porphyry, and mafic volcanic rock, the main host rock of former gold
production at the Buffalo Ankerite and the adjacent Aunor and Dome Mine properties.
Mineralized quartz tourmaline breccia and/or quartz vein system hosted within pervasive sericiteankerite
altered volcanic sequences or mineralized quartz porphyry was intersected in all of the
drillholes. Alteration and mineralization is similar to that found at the Dome and Aunor Mines as
well as the Buffalo Ankerite Mine.
Holes were mostly targeted to test for mineralization at depths of less than 200 metres below
surface.
All holes intersected quartz tourmaline breccia zones in both ultramafic and mafic volcanics. The
zones hosted within the mafic volcanics tended to carry greater sulfide content as well as higher
gold values. Holes were targeted to pass between the levels of the historic mining from the
Buffalo Ankerite mine. Five (5) of the holes were terminated in the historic workings and failed
to pierce the entire zones - holes VBA06-41, 42, 43, 46 and 51. Historic mining appears to have
been concentrated on 1 vertical zone with other gold bearing zones not mined that show consistent
structural continuity. The entire width of the package containing gold bearing quartz tourmaline
zones varies from 15 to 40 metres.
All drill holes intersected auriferous quartz tourmaline zones with the exception of hole 51 which
intersected multiple zones but none were auriferous with the hole terminating in an historic mine
opening prior to intersecting auriferous quartz tourmaline zones.
Hole VBA06-41 was terminated at an historic mine opening but prior to the opening intersected
1
.Four holes intersected wide intervals of gold mineralization, ranging from 1.78 grams Au per
tonne over 16.92 metres including 2.94 grams Au per tonne over 6.89 metres (hole 41) to 1.55
grams Au per tonne over 35.7 metres including 3.23 grams Au per tonne over 12.19 metres (hole
47).
The southern and western holes collared into a northwest trending green carbonate horizon with up
to 30% pyrite locally. This is a very favourable host rock for gold mineralization so the last 2
holes of the program, VBA06-52 and 53 were targeted at intersecting this zone. Hole 53
intersected 1.75 grams Au per tonne over 2.59 metres in this geological interval
A complete table of the drill results follows at the end of the press release.
All exploration work was conducted under Kenneth Guy, P. Geo., designated Qualified Person for
Vedron Gold, who has reviewed the this press release. Gold analysis of samples collected by
Vedron were assayed by Laboratoire Expert in Rouyn-Noranda, Quebec. Analysis consisted of a
fire assay of a 30-gram sample with an atomic absorption finish. Samples assaying over 1.0 gram
per tonne Au are re-assayed with gravimetric finish. Samples noted to contain visible gold are
analyzed via total metallic assay method. A rigorous Quality Control and Assurance program
(QA/QC) is in place, using control samples such as Blanks and Rocklabs Standards and duplicate
checks. In addition, duplicate analyses of 10% of the samples were corroborated by check assays
on sample performed by Bourlamaque Laboratory of Val D’Or, Quebec.
For further information contact Tom Meredith, President of Vedron Gold, 416 368 0099.
To learn more about Vedron Gold (TSX-V:VG), visit our website: www.vedron.com
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