Britannica Resources Corp.
TSX VENTURE : BRR

Britannica Resources Corp.

November 01, 2007 09:16 ET

Britannica Resources Corp.: Further Drill Results From the McKenzie Break Project

VAL D'OR, QUEBEC--(Marketwire - Nov. 1, 2007) - Britannica Resources Corp. (TSX VENTURE:BRR) is pleased to announce further drill results from the McKenzie Break Project, located 35 kilometres north of the city of Val d'Or, Quebec.

Britannica completed an initial diamond drilling campaign on the McKenzie Break Project. A total of 13 holes, MK-07-109 to MK-07-119, including 110B and 113B, were located on geological and geophysical targets, for a total of 2178.5 linear meters. The drilling program was oriented at detailing and extending the main gold bearing structures already known on the block of claims acquired from Wesdome Gold Mines (see news release, January 30, 2007).




Significant Gold Intersections
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Hole # From m To m Width m Grade g/t Au
------------------------------------------------------------------------
MK-07-119 89.0 92.1 3.1 8.02
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Including 90.0 90.5 0.5 43.30
------------------------------------------------------------------------
------------------------------------------------------------------------
Other gold intersections requiring adjacent sampling
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MK-07-110B 92.2 92.6 0.4 10.30
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------------------------------------------------------------------------
MK-07-111 32.6 33.0 0.3 15.20
------------------------------------------------------------------------
37.7 38.2 0.5 1.34
------------------------------------------------------------------------
63.9 65.4 1.50 3.05
------------------------------------------------------------------------
------------------------------------------------------------------------
MK-07-118 64.7 65.0 0.3 7.98
------------------------------------------------------------------------


These results are principally centered on zone #4, which is dipping 15 degrees to the northeast. The drilling was conducted to intersect the gold mineralized structure at 90 degrees, therefore the core lengths are fairly close to true width.

Several sections required additional sampling adjacent to areas where gold values were indicated. Britannica will release further results when they become available.



Previously announced initial drill results
(see news release September 20, 2007)

------------------------------------------------
Hole # From m To m Width m Grade g/t Au
------------------------------------------------
MK-07-109 92.3 93.7 1.4 5.96
------------------------------------------------
149.5 150.0 0.5 1.56
------------------------------------------------
163.6 165.0 1.4 2.02
------------------------------------------------
------------------------------------------------
MK-07-112 30.8 34.4 3.6 8.14
------------------------------------------------
Including 30.8 32.4 1.6 17.15
------------------------------------------------
154.0 155.5 1.5 2.75
------------------------------------------------


Britannica is very encouraged by these results from the initial drilling campaign. Based on these initial results, the Company is currently planning a 5000 meter diamond drilling campaign to begin shortly subject to drill rig and crew availability.

Historical resource estimates have been completed in the past (Placer Dome 1991, Western Quebec Mines 1994) and were discussed in a recently completed 43-101 compliant technical report (see news release August 20, 2007) filed on SEDAR (www.sedar.com).

Britannica entered into an agreement with Wesdome Gold Mines Ltd. (see news release on November 30, 2006) for an option and sale of the McKenzie Break property. The property consists of 10 contiguous claims comprising 366 hectares, located in Fiedmont and Courville Townships, about 35 kilometres north of Val d'Or, Quebec.

Tundra Gold, Placer Dome Canada, Western Quebec Mines Inc. and Wesdome Gold Mines previously explored the McKenzie Break property. At least five known, flat-lying gold zones have been identified (see news release January 30, 2007). One of these structures, the No 4 Zone, was partly drilled at 30-metre centres to a 120-metre depth displaying good continuity of gold values (usually above average gold grade for the region). Britannica believes minimal additional work would be required to expand these gold bearing structures, at depth.

The diamond drilling and exploration programs are being carried out under the direct supervision of C.P. Larouche, Ing., a qualified person for the purposes of National Instrument 43-101. The Company has maintained strict standards for QA (quality assurance) and QC (quality control), by keeping under lock all drill cores, rejects and pulps for further testing. Samples were sent to ALS Chemex labs in Val d'Or, Quebec.

The information contained in this news release has been compiled, reviewed and verified by C. P. Larouche, Ing., the qualified person to the Company. This news release may contain certain forward-looking statements. These statements may involve a number of known risks and uncertainties, typical to mineral exploration and development companies, and other factors that may cause the actual results, level of activities and performance to be materially different from Company's expectation and projection.

ON BEHALF OF THE BOARD

Jeffrey A. Cocks, President

THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE

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