Adroit Resources Inc.

Adroit Resources Inc.

May 01, 2008 15:20 ET

Adroit Resources Inc.: Niemitz Gold/Copper Property Drill Results, Private Placement Closed, Incentive Stock Options Granted

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 1, 2008) - Adroit Resources Inc. (TSX VENTURE:ADT)(FRANKFURT:A7V)(BERLIN:A7V) -

Management is pleased to report that it has received the results for its winter December 2007 drill program encompassing 1,142 meters over 4 holes on its 100% wholly owned Niemetz Gold/Copper property located in Ontario, Canada.

The Property is situated in the Sudbury Mining Division, consisting of 8 contiguous mining claims (23 units) covering 368 hectares in Briggs Township.

Four drill holes were drilled to test three different IP anomalies identified by Quantec Geoscience (2000). Each IP anomaly tested had multiple grab samples with anomalous gold values ranging from 0.25 g/t Au to 4.2 g/t Au. NZ-04, (which targeted the IP anomaly under the Niemetz showing), gave the best result with an average of at 0.57 g/t Au over 21.3 m, through all core length grading, including 1.2 m of 1 g/t Au, 2.8 m of 0.88 g/t Au and 0.78 m of 2.33 g/t Au. The mineralization was hosted in mafic volcanic and was associated with disseminated to sulphide stringers, mostly pyrite. NZ-01 was drilled 600 meters east of NZ-04 and assays returned results of 1 meters at 0.39 g/t Au. Holes NZ-02 and NZ-03 failed to intercept any significant mineralization.

The best assays from the winter drill program are summarized below. The intersections summarized below are the drill intersected core lengths and do not represent the true widths.

NZ-01 237.90 238.90 1.00 0.39 NIL
NZ-04 63.00 66.00 3.00 0.18 NIL
INC 65.00 66.00 1.00 0.29 0.11
69.90 73.10 3.20 0.64 NIL
94.50 100.00 5.75 0.52 0.17
INC 97.80 99.00 1.20 1.00 0.18
110.00 112.80 2.80 0.88 NIL
INC 112.02 112.80 0.78 2.33 NIL
115.00 115.50 0.50 0.11 NIL
161.90 164.30 2.40 0.12 NIL
274.50 275.30 0.80 0.66 NIL

While the drilling campaign has not returned results as good as expected, it confirms the presence of gold and copper mineralization. The company is confident that the property still holds strong potential to host sizeable gold mineralization. The area on the property like the Snowshoe lake mineral occurrence (chip samples with values of 4.29 g/t Au, 1.29% Cu over 2.13 meters, and 5.18 g/t Au, 1.24% Cu over 2.44 meters), the Gravel pit showing (0.84 g/t Au grab sample) and a number of IP anomalies remain to be better explored and drill tested.

A surface exploration program comprised of ground-truthing, mapping and trenching is being prepared for this summer to test the remaining showings and IP anomalies. A map of the above drill holes will be posted soon on the Company's web site.

Setting. The Niemetz property is located between two deposits, the former Teck Copperfields Mine, located 4 kilometers to the west, and the Diadem deposit, located 10 kilometers to the east. The Copperfields Mine produced, between 1954 and 1972, 684,000 tons of ore grading 6.48% Cu and 6.68 g/t Au; the Diadem-Copper-Nickel deposit has a known historical resource (non NI-43-101 compliant) of 500,000 tons @ 0.50% Cu, 0.1% Ni tested to a depth of 500 feet (J.R. Poloni, 2001). The Adroit property covers the contact area between felsic intrusive rocks and felsic to mafic volcanics, and is host to the Niemetz and Snowshoe Lake mineral occurrences. The gold mineralization on the property is structurally controlled and associated with disseminated to stringer sulphides. The Niemetz showing is hosted in an intermediate to mafic volcanic, and has recently returned chip samples with values of 7.92 g/t Au, 0.27% Cu over 3.66 meters. The Snowshoe Lake occurrence is hosted in the felsic intrusive, and has returned recent chip samples with values of 4.29 g/t Au, 1.29% Cu over 2.13 meters, and 5.18 g/t Au, 1.24% Cu over 2.44 meters. No exploration work was conducted on the property from 1974 until September 1996 when the Temagami Land Caution was in effect. The area was fully re-opened for staking in September, 1996. Geophysics was carried out on the property in 2000, (Quantec Geoscience). Magnetometer, horizontal loop EM and gradient Real section TDIP Resistivity were done over part of the property.

Guy Franceschi, Economic Geologist (Director, Adroit Resources Inc.) has verified and approved the geological information contained within this news release. Mr. Franceschi satisfies the requirements of a Qualified Person as defined in the National Instrument 43-101 (Standards of Disclosure for Mineral Projects).

President's Comments. Graeme Rowland, President, said; "This property is at an early stage of our exploration and certainly warrants further work."

Private Placement Closed: Adroit Resources Inc. is pleased to announce that it has completed the private placement which was announced on April 21st, 2008, selling 5,013,962 units at the price of $0.20 per unit to raise gross proceeds of $1,002,792.50. Each unit consists of one common share and one warrant.

Each whole warrant entitles the holder to purchase one common share at a price of C$0.50 for 12 months from closing and thereafter for C$0.60 until 36 months after closing.

All shares issued in connection with the private placement are subject to a four month hold period expiring on August 23rd, 2008. The proceeds from this private placement will be used for general working capital, current obligations and the development of mineral properties.

An insider of the Company has subscribed $144,000.00 for this private placement. Finder's fees of $10,379 and 500,000 non transferable two year share purchase warrants with an exercise price of $0.20 each have been paid to an arms length party in accordance with TSX Venture Exchange policy with respect to the private placement. The TSX Venture Exchange accepted the Company's filing in respect of this private placement on April 23rd, 2008.

Incentive Stock Options: The Company has granted Incentive Stock Options to directors, officers and employees exercisable to purchase up to an aggregate of 2,350,000 shares for $0.20 per share until May 31st, 2011. The options are non-transferable. Any share issued to "associated consultants" (as that term is defined in B.C. Instrument 45-105) pursuant to the exercise of options held by them will be subject to a four month hold period commencing on the date of grant of the options. Shares issued to other optionees on the exercise of such options will not be subject to a hold period. The grant of options is subject to acceptance by the TSX Venture Exchange.

Adroit Resources is a mineral exploration company that is currently exploring for Gold, Silver and Antimony in Central Italy and diamonds, precious and base metals in the Temagami/Cobalt and Bancroft areas of Ontario, Canada and oil and gas in Texas, USA. In addition, Adroit is seeking new precious and base metal projects and oil and gas prospects to add to its expanding portfolio. The Company's issued and outstanding share capital is 41,631,537 common shares.

On behalf of the Board of Directors:

Graeme Rowland, Chairman and President

Note: The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

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