June 07, 2007 06:00 ET

Boxxer Gold Corp: 2007 Exploration Plans Nevada Properties

CALGARY, ALBERTA--(Marketwire - June 7, 2007) - Boxxer Gold Corp. (TSX VENTURE:BXX) is pleased to announce its 2007 exploration plans for the following projects located in Nevada, USA.


Exploration to be completed on the Boss, Buena Vista and Boyer Ranch projects,

Diamond drilling commencing in June on Buena Vista Project and in third quarter 2007 on the Boss Project

Surface Exploration consisting of geophysical surveys, mappng, sampling and trenching on Buena Vista and Boyer Ranch to commence in June, and

$1.1 million to fund exploration programs in place.

Boss Property:

This property is located in the historical Walker Lane Lineament. The exploration model for the Boss property is the Robinson Mining District (reported to have produced 251 million tonnes of copper, gold and silver with significant concentrations of platinum and palladium) located west of Ely, Nevada.

Exploration on the Boss property over the past four years has outlined the following exploration targets:

a) A 14,000 foot long area on the northwest side of the property hosting at least 13 zones of copper - gold mineralization with substantial concentrations of silver, platinum and palladium (see table below). The largest mineralized zones within this target are the Boss Mine, Boss #2, Ironside and Oro Amigo all with extensive underground workings.

b) A 5,000 foot long area on the northeast portion of the property (including the Yellowhorse zone) hosts gold mineralization in a large granite-syenite porphyry intrusive that was intruded along the Keystone Thrust, a major regional scale thrust fault in this part of Nevada, and

c) A 300 foot by 200 foot area on the northwest side of the property where high grade zinc-lead-silver mineralization was outlined by surface sampling within a heterolithic breccia.

The dimensions of the mineralized zones are as follows: the Boss Mine: 500 feet long, by 215 feet wide and a vertical height of 150 feet; Oro Amigo zone: 110 feet wide, 150 feet long and a vertical height of 120 feet and the Ironside zone consisting of five levels, the dimensions of which are unknown. Continuous channel sampling completed between 2002 and 2005 in the underground workings for these zone produced the following results:

Copper Gold Platinum Palladium Silver Interval
Zone Level (%) (g/t) (g/t) (g/t) (g/t) (m)
Boss Mine 5th Level 0.75 0.53 0.05 0.13 13.60 66.00
3rd Level 0.99 0.41 0.12 0.11 5.30 53.00
Oro Amigo Upper 1.64 0.29 0.11 0.20 0.95 33.00
Lower 1.39 0.55 tr tr 2.78 12.00
Ironside Main 4.13 0.53 0.08 0.21 29.00 3.70
- The dimensions of the mineralized intervals in the above table are limited
by the underground workings.

The Boss # 2 zone underground workings cover an area that is 300 feet long, by 80 feet wide and 150 feet vertical. The sample results set out below represents sampling along the walls of the underground working.

Copper Gold Platinum Palladium Silver Interval
Sample # Level (%) (ppm) (ppm) (ppm) (ppm) (m)
40601 Upper 5.240 0.931 0.330 0.161 5.90 1.20
40602 Upper 1.460 0.330 0.248 0.283 2.40 0.90
40603 Upper 3.210 1.790 0.021 0.128 13.20 1.20
40604 Lower 5.080 0.965 0.052 0.095 11.10 1.80
40605 Upper 3.000 1.015 2.960 4.420 15.10 1.80
40606 Middle 3.110 0.201 0.036 0.067 7.50 1.50
40607 Lower 1.480 0.265 0.033 0.049 2.80 1.40
40608 Lower 0.030 0.023 0.012 0.032 0.40 1.50
40609 Lower 3.480 0.912 0.009 0.031 6.50 1.40
40610 Lower 0.001 0.007 0.005 0.002 0.20 1.40

The 2007 exploration program planned for the Boss property consists of detailed channel sampling of the underground working in the Boss Mine, Oro Amigo, Ironside and Boss # 2 zones with the objective of establishing a resource. Diamond drilling in the area of the Boss #2 underground workings is planned to test the copper-gold-silver-platinum-palladium mineralization. Eleven zones of copper-gold-silver-platinum-palladium mineralization of variable sizes occur over a strike length of 2,600 feet between the Boss Mine and the Boss #2 zones. The alteration and mineralized zones over the 2,600 feet of strike length occur over a width of 900 feet and a vertical distance of 1,000 feet and provides an excellent drilling target in this area of the Boss property. Initial diamond drilling (2 deep 2,000' holes) is anticipated in the third quarter of 2007.

Exploration of the granite-syenite hosted gold mineralization target along the Keystone Thrust Fault is also planned. Trenching and diamond drilling by Boxxer in 2006 outlined a zone of gold mineralization (Yellowhorse zone) that has a weighted average grade of 1.03 g/t gold. The Yellowhorse zone is approximately 800 feet long, averages 78 feet true thickness and has only been drilled to a depth of 200 feet below surface. The limits of the gold mineralization in the Yellowhorse zone are open to the northeast and at depth.

A budget of $350,000 has been allocated to complete the proposed Boss exploration program.

Buena Vista Project:

The Buena Vista Joint Venture is an Iron Oxide-Copper-Gold (IOCG) exploration project. The project area is characterized by a large zone (12,000 feet long by 2,300 feet wide) of alteration which hosts at least 47 showings of copper + gold mineralization and associated hematitic "leached caps".

Data compilation has been completed for the 2006-07 drilling/assay information, new geologic mapping and rock-chip and soil geochemical results. These data suggest the copper + gold mineralization mapped at surface is interpreted to represent the structural/stratigraphic top or margin to possibly deeper (greater than 500' feet) strata-bound manto-type copper-gold mineralization. Although wide intervals of low grade copper mineralization were intersected in several holes, compliation of the data suggests that the drilling was not deep enough to intersect the manto target. The manto target was outlined by a recently competed induced polarization ("IP") survey that identified a strong IP anomaly that is at least 1,200 feet long and 100 to 300 feet wide. Based on surface mapping, the anomaly appears to be located at the structural intersection of several east-west and north-south trending faults in an area of surface oxidized copper showings and a well developed Cu-in-soil geochemical anomaly.

Diamond drilling (2000 feet in 2 deep holes) of the recently identified IP target is expected to commence by mid-June. Surface exploration consisting of trenching, mapping and additional IP and magnetic surveys is planned in June and July 2007. The exploration program will concentrate on the west and northeast portions of the property to test numerous showings of copper mineralization in altered volcanic units and coincident Cu-in-soil geochemical anomalies.

A budget of $300,000 has been allocated to complete the proposed exploration program.

Boyer Ranch Property:

Exploration on the Boyer Ranch project is expected to commence in mid-June. The technical information on the Boyer Ranch project is set out in a news release dated February 19, 2007. Boxxer executed a two year purchase option on the patented mineral claims included within the project. Subsequent to execution of the option agreement, Boxxer acquired an additional 60 claims surrounding the patented mineral claims by staking. The copper mineralization is reported to occur over a minimum vertical interval of 100 feet along the contact between an altered Jurassic andesite and overlying Tertiary tuff. A budget of $350,000 has been allocated to complete mapping and channel sampling of the underground workings, trenching, surface mapping, geophysical surveys (Induced Polarization and magnetometer) and an initial (2000 feet in 6 to10 shallow holes) diamond drilling program.

Nalesbitan Project:

The legal, financial and technical due diligence of the project has commenced. It is expected that the due diligence should be completed by mid to late June.

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FORWARD-LOOKING STATEMENTS: Except for statements of historical fact, all statements in this news release - including, without limitation, statements regarding resource estimates, reserve estimates, production estimates and future plans and objectives of Boxxer - are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate; actual results and future events could differ materially from those anticipated in such statements.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release

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