Cedar Mountain Exploration Inc.
TSX VENTURE : CED

Cedar Mountain Exploration Inc.

January 07, 2008 08:30 ET

Cedar Mountain Exploration Inc.: Extensive Gold Anomalies Identified on Cedar Creek Property

Phase I Exploration Completed

CALGARY, ALBERTA--(Marketwire - Jan. 7, 2008) - Cedar Mountain Exploration Inc. (TSX VENTURE:CED) ("Cedar Mountain) today announced the results of Phase 1 exploration program at the 100% owned Cedar Creek Property located in central British Columbia. The 2007 program has identified numerous coherent gold in soil anomalies, up to 4140 ppb Au, associated with Quesnel Terrane volcanic and sedimentary rocks.

Two distinct northwest oriented trends of gold in soil anomalies have been identified on the Cedar Creek Property. In the northern portion, a broad trend of anomalous soils, extending along strike over 2 kilometers and up to 1.5 kilometres wide, has been delineated over sedimentary rocks comprising an assemblage of alternating argillites, siltstones and greywackes. These gold anomalies and underlying lithologies are similar to those on the adjacent Spanish Mountain Property, held jointly by Skygold Ventures Ltd. and Wildrose Resources Ltd.

A second one kilometer wide zone of gold in soil anomalies trends for over three kilometres across the southern portion of the property and is associated with an assemblage of intermediate to mafic volcanic rocks exposed along the incised valley of Cedar Creek. The maximum gold in soil value collected in this southern trend is 2700 ppb. Previous rock sampling from outcrop exposures along Cedar Creek by Cedar Mountain during 2006 returned gold values up to 12.6 g/t.

A total of 4,166 soil and 84 rock samples were collected, (including 407 duplicate soil samples) by APEX Geoscience at the Cedar Creek Property during the 2007 exploration program. Gold assay results for rock and soil samples are summarized in Tables 1 and 2 below and are shown on figure 1: http://www.ccnmatthews.com/docs/0107cedW.jpg.

As well, approximately 10 kilometres of line was cut in anticipation of a winter IP survey which will test northwest trending EM targets coincident with the northern trend of gold in soil identified in a 2006 airborne survey believed to be graphitic sediments and/or sulphides. Geological mapping of the property was also conducted at a scale of 1:5000.



Table 1. 2007 Soil Sample Summary - Cedar Creek Property
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Gold Range 100ppb Au(2) greater than
or Greater 50 - 99 ppb Au 20 - 49ppb Au 5-19 ppb Au
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Number of 110 samples
samples (3759 (Up to 4140
total(1)) ppb Au) 194 samples 918 samples 2537 samples

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(1) excluding duplicates
(2) parts per billion gold


Table 2. 2007 Rock Sample Summary - Cedar Creek Property
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Gold Range 100ppb Au(2) greater than
or Greater 50 - 99 ppb Au 20 - 49ppb Au 5-19 ppb Au
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Number of 4 samples
samples (Up to 12,350
(84 total) ppb Au) 4 samples 12 samples 64 samples

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(2) parts per billion gold


Cedar Creek Property

The Cedar Creek Property is located 5km southeast of the town of Likely, BC, in the Cariboo Gold District, and is road accessible. The Property comprises 2 mineral claims totaling 1463 hectares and is adjacent to the Spanish Mountain Property. The geology of the Cedar Creek Property consists predominantly of volcanic, sedimentary and intrusive rocks belonging to the Quesnel terrane. This gold district was historically British Columbia's first and largest producer of gold during the historic Cariboo Gold rush, producing approximately 3.8 million ounces of gold since 1874, which is more than any other placer area in British Columbia.

Like Spanish Mountain, historical work at Cedar Creek was focused primarily on placer gold and gold bearing quartz veins. Approximately 40,000 ounces of placer gold reportedly of a local origin have been produced from the property from Cedar Creek and the Hampton Placer Pit. Recent mapping, reverse circulation and diamond drilling performed by the Skygold Joint Venture on their adjacent Spanish Mountain Property, recognized broad zones of gold mineralization not necessarily associated with abundant quartz veining. The Skygold Joint Venture have spent nearly $9.5 million in 2007 to expand their bulk tonnage, high grade sedimentary hosted gold mineralization discovered in 2005 and prepare a 43-101 compliant resource estimate at the Main Zone as well as test several large geochemical soil anomalies for additional gold mineralization. This gold mineralization is in association with pyrite within large areas of interbedded black argillaceous rocks and siltstone, which is now the primary focus of exploration in the district and the Cedar Creek Property.

The principal focus of exploration on the Cedar Creek Property is for gold in sediment hosted bulk tonnage type deposits. The main style of veining explored is Sediment Hosted Vein (SHV) deposits, a family of gold deposits that consist of gold in quartz veins hosted by shale and siltstone sedimentary rocks. These types of deposits can be some of the largest in the world as seen at Muruntau ( greater than 80M oz) and Sukhoi Log ( greater than 20M oz) in Russia. This is the principal deposit type which has been recently discovered and is being successfully explored on the adjacent Skygold Spanish Mountain Property.

About Cedar Mountain Exploration Inc.

Cedar Mountain is a new mineral exploration company, with a focus of exploration and development of properties and deposits with the potential for gold in sediment hosted bulk tonnage type deposits, lode gold and/or base metal deposits.

Additional information about the Corporation and the Cedar Creek Property can be found in Cedar Mountain's final prospectus dated July 13, 2007, and the detailed NI 43-101 compliant technical report dated June 18, 2007 which have been filed on SEDAR (www.sedar.com), or at the company's website: www.cedarmountainexp.com.

Cedar Mountain Exploration Ltd. maintains an extensive quality control program in the preparation, shipping and checking of all samples from the property as detailed in Cedar Mountain Exploration Ltd. 'Technical Report for the Cedar Creek Property, Likely, British Columbia' by Dean Besserer - June 18, 2007 pp. 32-34.

Peter Kleespies, P.Geol. has reviewed the information in this press release and is the Qualified Person as defined by NI 43-101.

On behalf of the Board

Cedar Mountain Exploration Ltd.

Charles Chebry, President, CEO & Director

We seek Safe Harbor.

This news release contains forward-looking statements regarding ongoing and upcoming exploration work and expected geology, geological formations and structures. Actual results may differ materially from those anticipated in these statements.

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

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