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EXU

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Share Name Share Symbol Market Type
TSXV:EXU TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0 -

Expedition Mining Announces Trenching Permits Received for Long Canyon Gold Project

29/08/2013 2:15pm

Marketwired Canada


Expedition Mining Inc. (TSX VENTURE:EXU) (the "Company") is pleased to provide
this update on the 2013 exploration programs within the Walker Lane Mineral
Belt. 


LONG CANYON PROPERTY 

Expedition wishes to announce that with the posting of a reclamation bond with
the Nevada BLM office, the permitting process for the mechanical trenching
program on the Long Canyon property has been completed. The Company is
finalizing the work program and expects to begin work within the next 30 days. 


This property consists of 37 unpatented lode claims located 200 kms southeast of
Reno and 16 kms southeast of the community of Mina, Nevada. Previous rock
sampling has returned gold values up to 1.7 g/t over 3 m, and up to 9.7 g/t gold
and 529 g/t silver in grab samples. The property hosts an extensive siliceous
zone containing strongly anomalous mercury (to 155,000 ppm), antimony (to 987
ppm) and arsenic (to 2,790 ppm) values.  


Mapping 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. The north-northeast trend is characterized by
swarms of narrow quartz veins with a general northerly orientation and
subvertical dip. These veins range from less than 1cm to greater than 1m 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 northwest trending
Walker Lane belt. 


Structurally the Long Canyon project area is dominated by strands of the Walker
Lane Fault Zone. Arcuate splays from the main faults trend east-west 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 Bellville Mine and the deposits in the Douglas Camp to the west. 


Rock sampling in early 2013 confirmed the values reported by earlier sampling
and includes up to 1.16 g/t gold over 5m within a northwest trending shear zone.
Compilation of the mapping, geophysical and geochemical data was completed while
waiting for the trenching permit. This work confirmed that the anomalous
geochemistry is predominantly associated with the structural zones, the
intersection of which are co-incident with the IP targets generated by the
historical survey.  


The Long Canyon project is situated in southeastern Mineral County and is
flanked by several well known historical mining districts. The Pilot Mountains
to the north have a long history of mercury production, followed by tungsten
mining along the eastern edge of the range. The former producing Belleville Mine
8 kms north of Long Canyon reportedly produced around 100,000 oz to 1939 from 2
quartz veins.  


To the west the Douglas Camp area was dominantly a gold and silver camp which
also contained abundant scheelite and produced over $1,000,000 of tungsten
during and after WW1. 


To the southwest the Candelaria District was known for high grade silver
deposits which averaged 60 oz/ton in the early days of mining. By 1999 over 68
million ounces of silver had been extracted from the mines in this district. 


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.      

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that
term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.


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
bgaline@expeditionmining.com
www.expeditionmining.com

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