Birim Goldfields Inc.

Birim Goldfields Inc.

November 06, 2007 13:49 ET

Joint Venture Partner Newmont Begins Field Work on Birim's Banda Ahenkro Property in Ghana

Management Committee approves Program and Budget for Coming Field Season

MONTREAL, CANADA--(Marketwire - Nov. 6, 2007) - Birim Goldfields Inc. (TSX:BGI) ("Birim" or "the Company") is pleased to announce the establishment of a Management Committee to service the Joint Venture agreement between Birim, Birim Goldfields (Ghana) Limited and Newmont Ghana Gold Limited and Newmont USA Limited (collectively "Newmont") on the Banda Ahenkro Prospecting License in Ghana, West Africa. The Management Committee comprises two representatives each from Birim and Newmont.

The Management Committee has established the planning, budgeting and scheduling of the forthcoming field activities for the Banda Ahenkro Property and accordingly fieldwork supervised by Newmont will begin during November 2007.

An exploration program for Banda Ahenkro (see attached map) from November 2007 until June 2008 has been budgeted at US$281,050 and will include the following activities:

- Resampling of stream sediments using Newmont's in-house Bulk Leach technique.

- Processing of the aeromagnetic data to enable a full geological interpretation.

- Regional gravity surveying.

- Regolith mapping to facilitate geochemical anomaly interpretations.

- Geological mapping and soil sampling in BLEG-anomalous areas.

Birim has managed this property for 2 years and has established soil anomalies within the Bodi area which straddle northeast-oriented belt-scale shear zones. Newmont will follow up this work and infill the Birim soil grid to further define these anomalies.

Mr. Craig Pearman, Birim's Exploration Manager, directly oversees Birim's exploration programs in West Africa and has reviewed this press release. Mr. Pearman is registered as a Professional Natural Scientist by the South African Council for Natural Scientific Professions (SACNASP) and is a Qualified Person as defined in National Instrument 43-101 developed by the Canadian Securities Administrators (CSA).

Birim Goldfields Inc. is an exploration company focused on gold exploration in West Africa and trades on the Toronto Stock Exchange under the symbol BGI.

A map of the Banda Ahenkro Property - Sefwi Gold Belt, Ghana is available at the following address:

Contact Information

  • Birim Goldfields Inc.
    Victor King, President & CEO
    Denis Simoneau, Executive Chairman
    Toll Free: 1-800-721-8611
    Birim Goldfields Inc.
    Farah Alibhai, Investor Relations