
Intersecting 14.3 g/t (0.41 oz/ton) Au with 0.8% Cu over 21.2 m (69.9 ft) and 8.7 g/t (0.25 oz/ton) Au with 0.2% Cu over 25.0 m (82.0 ft)
TORONTO, ONTARIO--(Marketwire - April 9, 2008) - QUEENSTON MINING INC. (TSX:QMI)(FRANKFURT:QMI)(STUTTGART:QMI) ("Queenston" or "the Company") announces the completion of the resource definition drilling program at the 100% owned Upper Beaver property located in Kirkland Lake, Ontario. The remaining eight holes of the program have now been completed and the geological/engineering firm Watts, Griffis and McOuat, of Toronto, will begin a National Instrument 43-101 mineral resource calculation that is planned to be completed by the end of the second quarter.
Charles Page, Queenston President and CEO, said, "The final holes of the program have hit wide intervals of gold-copper mineralization and continue to confirm the deep continuity within the core of the deposit. As the resource calculation is in progress, our exploration efforts at Upper Beaver will focus on the deep potential as two drills target a series of geophysical anomalies that indicate the mineralized corridor remains open to depth".
The program that began in January 2007, included 60 holes (49,065 m) bringing the total drilled on the property since 2005 to 134 holes (97,065 m). The recent drilling continues to intersect multiple zones of gold and copper mineralization within a mineralized corridor measuring 500 m long, 500 m vertical and 300 m thick. Attached to this news release and available on the Company's web site is a vertical longitudinal section of the Porphyry Zone (the most continuous zone) outlining the location of the recent drill holes.
The Company has now commenced a seven hole, 10,000 m, deep drilling campaign to test a series of geophysical anomalies identified within the Upper Beaver mineralized corridor below the area targeted by the resource definition drilling program. The anomalies form part of a Quantec Geoscience, Titan-24 survey that is interpreted to have identified the presence of disseminated sulphide mineralization below the current drilling at Upper Beaver. The Company has also initiated metallurgical testing of the Upper Beaver mineralization in preparation for an economic evaluation of the deposit.
Wayne Benham, P. Geo. planned and supervised the Upper Beaver drilling program employing a QA/QC program consistent with NI 43-101 and industry best practices. The drill core is logged and split with half-core samples shipped to Swastika Laboratories of Swastika, Ontario and analyzed employing the appropriate gold fire assaying technique. For QA/QC purposes the Company as well as the lab submits standards and blanks every 25 samples. Approximately 5% of sample rejects and/or pulps are sent to a second lab, Laboratoire Expert Inc. of Rouyn Noranda for check assaying.
About Queenston
Queenston has assembled significant land packages in proven Canadian mining camps and its strategy is to return to producer status. The first step is in progress through the advancement of its primary gold assets in Kirkland Lake, Ontario (Upper Beaver, McBean, and Anoki) and in Cadillac, Quebec (Ironwood) towards NI 43-101 resource status. In the western portion of the Kirkland Gold camp, Queenston is carrying out deep exploration targeting the new South Mine Complex with joint venture partner Kirkland Lake Gold Inc. on the South Claims property and on its 100% owned AK property. Queenston is well financed with working capital of $20 million to meet its exploration activities.
For more information, please contact:
Queenston Mining Inc.
Andreas Curkovic
Investor Relations
(416) 577-9927
Email: Info@queenston.ca
Website: www.queenston.ca
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