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EXU

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Share Name Share Symbol Market Type
TSXV:EXU TSX Venture Common Stock
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Expedition Completes Soil Sampling and Mapping Programs on Nevada Gold Properties

21/02/2013 1:15pm

Marketwired Canada


Expedition Mining Inc. (TSX VENTURE:EXU) (the "Company") is pleased to provide
this update on the 2013 exploration programs on their four properties within the
Walker Lane Mineral Belt, Nevada. These properties are Long Canyon, Black Hills
and Jenny Hill, all located in Mineral County and Slate Mountain located in
Churchill County. 


LONG CANYON PROPERTY 

This property consists of 37 unpatented lode claims located 200 kms southeast of
Reno and 16 kms southeast of the community of Mina, Nevada. Historical rock
sampling has returned gold values up to 1.7g/t over 3 m, and up to 9.7g/t gold
and 529g/t silver in grab samples. The property hosts an extensive siliceous
zone containing strongly anomalous mercury (to 155,000ppm), antimony (to 987ppm)
and arsenic (to 2,790ppm) values. A soil geochemical survey was carried out over
the Long Canyon South block in January, coincident with a preliminary mapping
and rock sampling program. The exploration target on the Long Canyon project is
high grade structurally controlled mineralization.


This work has identified several structural trends associated with multi-element
soil anomalies. These structural zones trend dominantly north-northeast and
northwest, and intersect beneath the extensive siliceous zone which occupies the
central portion of the property. This siliceous cap contains generally low gold
values, and is believed to represent the uppermost level of the hydrothermal
system. The gold bearing veins are only exposed at lower stratigraphic levels in
the drainages.


The north-northeast trend is characterized by swarms of narrow quartz veins with
a general northerly orientation and sub-vertical dip. These veins range from
less than 1 cm to greater than 1 m in thickness. At least two of these NNE zones
have been identified to date. Veins within the NW trending zone show a greater
variation in dip attitude from -45 to vertical, and are generally oriented
sub-parallel to the overall Walker Lane Belt. The vein widths within the
northwest trend are similar to those in the NNE set.


Structurally the Long Canyon project area is dominated by strands of the
northwest trending Walker Lane Fault Zone. Walker Lane structures, and arcuate
splays from the main faults, trend across the property and are exposed in many
of the drainages. The northerly trending structures extend through the Pilot
Mountains to the north, and are covered by pediment fans to the south. The
intersections of these structural zones are believed to be important localizing
features for the mineralization encountered at the Belleville Mine and the
deposits in the Douglas Camp.


Rock sampling from the current program has confirmed the values reported by
earlier sampling and includes up to 1.16g/t gold over 5 m within a shear zone.
Final assays are expected from the soil survey by the end of February.
Compilation of the mapping, geophysical data and rock sampling information, is
expected to provide targets for the next phase of work which will require
mechanical trenching to expose the anomalous zones for systematic channel
sampling.


BLACK HILLS, JENNY HILL and SLATE MOUNTAIN

A total of 2,041 samples were collected during the recently completed soil
geochemical survey on Black Hills. The Jenny Hill soil grid is located 2 kms to
the northeast of the Black Hills project and consisted of 478 soil samples. The
Slate Mountain soil grid consisted of 705 samples on the east flank of Slate
Mountain, approximately 10 kms north of Black Hills. The Company is still
awaiting final gold assays, however several significant areas of multi-element
anomalies have been outlined on all grids. These projects are all located within
the Walker Lane Belt and in proximity to the operating Rawhide Mine.


"The Company continues to be encouraged by the results we are receiving from our
four Nevada gold properties. We look forward to the completion of our mapping,
rock and soil sampling programs and moving forward with further exploration to
bring one or more of these properties to the drill-ready stage in the very near
future. The Company is sufficiently funded for further 2013 exploration and a
phase one drill program should the Company deem it prudent," states Ron Atlas,
President and Chief Executive Officer. 


Expedition's disclosure of a technical or scientific nature in this press
release has been reviewed and approved by James Chapman, P.Geo, who serves as a
qualified person under the definition of National Instrument 43-101. 


Expedition Mining Inc. (TSX VENTURE:EXU) is a publicly held Canadian exploration
company focused on acquiring, exploring and developing gold properties located
in favourable geo-political climates. The Company is led by a highly skilled,
experienced board and management team with significant successes in managing
early stage mineral exploration companies. For additional information concerning
Expedition Mining Inc. or its various exploration projects please visit
Expedition's website at www.expeditionmining.com.


CAUTION REGARDING FORWARD-LOOKING STATEMENTS:

This news release contains "forward-looking statements" within the meaning of
the United States Private Securities Litigation Reform Act of 1995 and
applicable Canadian securities legislation. Generally, these forward-looking
statements can be identified by the use of forward-looking terminology such as
"plans", "expects" or "does not expect", "is expected", "budget", "scheduled",
"estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or
"believes", or variations of such words and phrases or state that certain
actions, events or results "may", "can", "could", "would", "might" or "will be
taken", "occur" or "be achieved". Forward-looking statements are subject to
known and unknown risks, uncertainties and other factors that may cause the
actual results, level of activity, performance or achievements of Expedition
Mining to be materially different from those expressed or implied by such
forward-looking statements, including but not limited to: risks related to the
exploration and potential development of the properties, the actual results of
current exploration activities, conclusions of economic evaluations, changes in
project parameters as plans continue to be refined, future prices of gold.
Although Expedition Mining has attempted to identify important factors that
could cause actual results to differ materially from those contained in
forward-looking statements, there may be other factors that cause results not to
be as anticipated, estimated or intended. There can be no assurance that such
statements will prove to be accurate, as actual results and future events could
differ materially from those anticipated in such statements. Accordingly,
readers should not place undue reliance on forward-looking statements.
Expedition Mining does not undertake to update any forward-looking statements
that are incorporated by reference herein, except in accordance with applicable
securities laws. 


ON BEHALF OF THE BOARD:

Ronald Atlas, President & Chairman of the Board Expedition Mining Inc.  

Standard & Poor's Listed

Issued Share Capital: 58,236,789

FOR FURTHER INFORMATION PLEASE CONTACT: 
Expedition Mining Inc.
William Galine
(604) 662-3903,ext 106
(604) 662-3904 (FAX)
bgaline@expeditionmining.com
www.expeditionmining.com

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