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NMB Normabec Mining Resources Com Npv

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Share Name Share Symbol Market Type
Normabec Mining Resources Com Npv TSXV:NMB 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 -

Normabec Intersects 11.52 g/t Au Over 5 Metres and 9.13 g/t Au Over 11 Metres on Pitt Gold

06/01/2009 2:53pm

Marketwired Canada


Normabec Mining Resources Limited ("NORMABEC" or the "Company") (TSX
VENTURE:NMB)(FRANKFURT:N6M) is pleased to announce the first results from its
fall drilling program on the Pitt Gold property, located along the
Porcupine-Destor Break, some 35 km north of Rouyn-Noranda, in the Abitibi region
of Quebec.


From October to December 2008, Normabec completed 9 holes for a total of 5,180
metres of core. All holes targeted extensions of known mineralized zones and
more specifically zones 1 and 2 located in the eastern portion of the property.




DRILL HOLE                   FROM       TO   LENGTH     GRADE    VEIN
                               (m)      (m)      (m)   g/t Au

PG2008-08                   341.0    342.0      1.0      1.65
                            354.0    359.0      5.0     11.52     # 1
  including                 356.0    357.0      1.0     18.69
  and                       358.0    359.0      1.0     34.43
                            443.0    444.0      1.0      1.18     # 2
                            455.5    456.0      0.5      1.74
                            505.0    506.0      1.0      1.12

PG2008-09                   353.0    354.0      1.0      1.19
                            451.0    462.0     11.0      9.13     # 1
  including                 452.0    453.0      1.0     16.50
  and                       454.0    455.0      1.0     12.90
  and                       461.0    462.0      1.0     43.60
                            463.0   463.75     0.75      1.25
                            509.0    511.0      2.0     11.05     # 2
                            519.0    520.0      1.0      3.87



Of note, in both of the holes reported above, significant widths and grades are
now being returned from zone 1 (11.52 g/t Au over 5 m and 9.13 g/t Au over 11
m). The Company estimates that true widths are approximately 80% of the core
lengths indicated above.  These two holes were drilled 100 metres apart with
hole PG2008-05 located in between (see below). Results are pending for the
remaining seven holes of this program.


These excellent results follow on a series of outstanding intersections reported
in early 2008 (please see Press Releases dated Feb. 28 and March 18) from the
winter drilling program undertaken in the same area (10.43 g/t Au over 3.0 m in
PG2008-01, 35.2 g/t Au over 5.0 m in PG2007-07, 21.04 g/t Au over 2.0 m and
31.75 g/t Au over 1.5 m in PG2008-05).  Mineralization at Pitt Gold  can be
followed laterally for 500 metres and vertically for 800 metres, and remains
open at depth.  Notably, as is common within the prolific Porcupine-Destor
region, a large majority of high grade values are found below the 300 meter
level.


In the fall of 2008, Normabec acquired the remaining 20% interest in the Pitt
Gold property from SOQUEM Inc. and GeoNova Exploration Inc. The interests
retained by the former owners have been converted into a 1% NSR royalty to each.
The royalty can be bought back for $1 million.


Samples were prepared and assayed at Technilab of Sainte Germaine de Boule and
were subjected to fire assay with AA finish. Normabec has implemented a QAQC
program which includes systematic use of standards, blanks and duplicates.
Values above 3 g/t Au are systematically re-assayed.


The 2008 drilling program was carried out under the supervision of Mr. Pierre
O'Dowd, geologist and Qualified Person as per National Instrument 43-101.


Normabec is a junior mining exploration company with a portfolio of advanced
exploration projects including: the 100% owned Pitt Gold Project in Quebec and
the 100% owned Real de Catorce Silver Project in Mexico.


1 Year Normabec Mining Resources Com Npv Chart

1 Year Normabec Mining Resources Com Npv Chart

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1 Month Normabec Mining Resources Com Npv Chart

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