June 26, 2008
GWR Resources Inc. (TSXV: GWQ) now has assays for seven additional holes drilled on its Peach 1 prospect, located to the west of the Aurizon zone (see www.gwrresources.com
for location of zones, drill collars and hole orientation information). The Peach 1 zone is underlain by fine grained monzonite and, in an embayment within the monzonite, volcanic breccia. The structural pattern is complex and characterized by abundant faulting which has disrupted and displaced copper mineralization. This drilling program was designed to test beneath low-grade mineralization (0.20 % copper over 65 metres) discovered in a surface trench, in the fall of 2007. As previously announced, the first hole (PZ07-01) missed the low-grade zone under the trench, but successfully intersected much higher grade mineralization below 190 metres downhole, assaying 0.50 % copper and 0.42 % gold over 86 metres and including a 42 metre intersection grading 0.83 % copper, 0.71 g/t gold (see News Release of November 23, 2007).
Subsequent drilling in this area has extended the low grade copper zone, as intersected in holes PZ08-15 and PZ08-18, released last week (June 19, 2008) and confirmed by assays now received from several holes, shown below. The Company is pleased that one of these holes (PZ07-07) appears to have successfully cut the edge of the higher grade mineralization, intersecting 14 metres grading 0.81 % Cu and 1.22 g/t gold. The higher grades in holes PZ07-01 and PZ07-07 occur within potassically altered orange monzonite characterized by fracturing and brecciation (hydrothermal breccia), chlorite-albite alteration and massive to semi-massive chalcopyrite with only minor bornite. Lower grades in holes PZ07-02, 03, 04, 07 (top), 15 and 18 occur within both monzonite and polylithic volcanic breccias containing intrusive clasts, and significant bornite accompanies chalcopyrite. The two mineralization styles appear to be spatially separate, but may be genetically related, forming the core and periphery, respectively, of a hydrothermal mineralizing system. Alternatively, they may represent entirely separate mineralizing events.
Unseasonably wet weather conditions in the Lac La Hache region this year has forced GWR to suspend drilling temporarily until ground conditions allow the movement of machinery and vehicles. When conditions improve to the point where drilling can continue again, it is intended to move the drill to the Peach 2 prospect while the Peach 1 assay results and geology are being compiled and interpreted. The Peach 2 prospect hosts a large soil geochemical anomaly with favourable induced polarization response strongly suggestive of a large (several hundreds of metres in length) copper-gold system. Where cut by access trails, copper mineralization has been exposed in monzonite, both in the northern and southern parts of this anomalous area.
Peach 1 Zone Assays (previously released assays in italics):
David G. Bailey, Ph.D., P.Geo. is the Qualified Person as defined by National Instrument 43-101 who is responsible for the technical aspects of this news release.
About GWR Resources Inc .
GWR RESOURCES INC. is an active mineral exploration company, currently exploring multiple zones containing commercial grades of copper and gold within its large Lac La Hache copper-gold porphyry project. GWR’s project is in the prolific Quesnel Trough area of British Columbia, between producing mines at Imperial Metals’ Mt. Polley Copper-Gold Mine and New Gold Inc.’s New Afton Copper-Gold project (Teck-Cominco’s legendary Afton mine). The Lac La Hache project is well-served by rail, road and power infrastructure.
Responsible Officer: Scott Berkey, Director
Company Telephone Number: (250) 546-8048
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
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