Comaplex Minerals Corp.
TSX : CMF

Comaplex Minerals Corp.

October 23, 2009 23:59 ET

Comaplex Provides the Drill Results from the 2009 Meliadine East Exploration Program

CALGARY, ALBERTA--(Marketwire - Oct. 23, 2009) -

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES.

Comaplex Minerals Corp. (TSX:CMF) is pleased to provide the diamond drilling results for the 2009 exploration program on the Meliadine East gold property. The property is located 10 kilometers north of Rankin Inlet, Nunavut Territory, Canada and is owned 50% by Comaplex and 50% by Meliadine Resources Ltd. (a private company owned 100% by Resource Capital Fund III L.P. of Denver). Meliadine Resources is the operator of the property.

Meliadine East Exploration Program
----------------------------------

The operator on the Meliadine East property (Meliadine Resources) has recently provided Comaplex with drilling results from the 2009 summer program. The drilling was completed in, and adjacent to, the Discovery gold deposit with the primary goal of testing the margins of the potential open pit resources in the deposit. The Discovery deposit is located approximately 15 kilometers east of the Tiriganiaq gold deposit that is located on the Meliadine West property. A total of 3007 meters in 24 drill holes were completed. This included ten geotechnical holes, two of which were drilled into the potential open pit portion of the deposit and assayed. Highlights from the 2009 Meliadine East program include:

4.9 gmt gold over 21.8 meters in hole ML09-250
incl. 37.7 gmt gold over 2.4 meters

8.3 gmt gold over 3.7 meters in hole ML09-246

13.8 gmt gold over 2.3 meters in hole ML09-251
and 6.8 gmt gold over 5.2 meters

3.9 gmt gold over 8.8 meters in hole ML09-255 Detailed drill results are available in the attached table. Hole locations are shown in http://files.newswire.ca/528/Mel_East_Figure_1.pdf

Other
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Environmental, geochemical, geotechnical, and metallurgical studies on the Discovery deposit are ongoing and will be completed in the next few months. A new resource estimate for the Discovery deposit will also be completed that will incorporate the 2009 drilling results. For the Meliadine East Project, drill core analysis is performed on split, half NQ core. All samples are routinely processed by fire assay with AA finish for Au, along with 30 element ICP analysis for trace elements. Any samples which assay greater that 1 g/t Au are re-assayed by fire assay with gravimetric finish (1 assay ton, 250 gram pulp). QA/QC programs employ the insertion of one external standard (three Au grade levels - low, medium and high), 1 blank, and 1 core duplicate for every 22 samples. All assaying was completed by International Plasma Labs (IPL) Ltd. based in Vancouver, B.C. IPL completes its own internal QA/QC by inserting standards and blanks in the sample stream and routinely repeats the analysis of every 20th sample. QA/QC compliance was rigorously checked on a continuous basis during the exploration program. Mark Balog, P. Geol, is the Chief Operating Officer for Comaplex Minerals and is the designated Qualified Person (Q.P.) for the Meliadine East Project for the Company. Meterage provided is measured down hole and intersection widths are interpreted to be approximately 75% of true width.

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



Meliadine East Property - Comaplex Press Release 09-16

------------------------------------------------------

October 23, 2009
Cut to
50 gmt Au
weigh. aver. weigh. aver.
hole No. area meterage (gmt Au/m) (gmt Au/m)
-------- ---- -------- ---------- ----------

ML09-246 Discovery - 186.9 - 190.58 8.3 / 3.7m
Meliadine East incl.
186.9 - 188.8 16.0 / 1.9m

ML09-247 Discovery - NSV
Meliadine East

ML09-248 Discovery - 29.51 - 30.16 2.3 / 0.7m
Meliadine East

ML09-249 Discovery - 24.72 - 25.09 9.1 / 0.4m
Meliadine East 37.33 - 37.67 3.0 / 0.3m

ML09-250 Discovery - 71.18 - 92.98 4.9 / 21.8m 4.1 / 21.8m
Meliadine East incl.
73.08 - 74.8 3.2 / 1.7m
and 79.61 - 82.0 37.7 / 2.4m 30.9 / 2.4m

DS09-GT-01 Discovery - 148.79 - 149.46 12.9 / 0.7m
Meliadine East 179.71 - 184.98 4.5 / 5.3m
incl.
179.71 - 180.86 17.8 / 1.2m

DS09-GT-03 Discovery - 39.0 - 39.81 3.4 / 0.8m
Meliadine East 56.3 - 57.16 3.5 / 0.9m
62.01 - 65.66 3.8 / 3.6m
76.02 - 80.23 6.4 / 4.2m

ML09-251 Discovery - 52.75 - 68.04 2.3 / 15.3m
Meliadine East incl.
53.05 - 53.51 3.5 / 0.5m
and 57.58 - 59.91 13.8 / 2.3m 13.4 / 2.3m
89.0 - 94.18 6.8 / 5.2m

ML09-252 Discovery - 137.62 - 139.45 2.9 / 1.8m
Meliadine East 142.2 - 142.84 16.3 / 0.6m

ML09-253 Discovery - 28.12 - 28.59 11.1 / 0.5m
Meliadine East

ML09-254 Discovery - 80.62 - 82.06 3.6 / 1.4m
Meliadine East

ML09-255 Discovery - 173.63 - 182.46 3.9 / 8.8m
Meliadine East incl.
175.28 - 176.65 22.8 / 1.4m
and 181.86 - 182.46 2.7 / 0.6m

ML09-256 Discovery -
Meliadine East 270.83 - 271.83 3.5 / 1.0m

ML09-257A Discovery - NSV
Meliadine East

ML09-258 Discovery - 49.82 - 50.37 4.5 / 0.6m
Meliadine East

ML09-259 Discovery - 144.28 - 168.68 2.1 / 24.4m
Meliadine East incl.
152.21 - 152.96 13.5 / 0.8m
and 155.92 - 156.56 7.3 / 0.6m
and 163.73 - 166.14 13.2 / 2.4m

Contact Information

  • Comaplex Minerals Corp.
    George F. Fink
    President
    (403) 265-2846

    Comaplex Minerals Corp.
    Mark Balog
    Chief Operating Officer
    (403) 265-2846

    Comaplex Minerals Corp.
    Kirsten Kulyk
    Manager - Investor Relations
    (403) 265-2846
    www.comaplex.com