Otterburn Ventures Inc.

Otterburn Ventures Inc.

June 03, 2009 18:58 ET

Otterburn Ventures Inc.: Detailed Prospecting and Grid Geochemical Sampling Defines New High Grade Silver and Gold Zones

VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 3, 2009) - Otterburn Ventures Inc. (CNSX:OTB) is pleased to announce the final results of the 2008 field work on its flagship Suskwa-Max property located 55 kilometres north-east of Smithers B.C. in the Omineca Mining Division.

Over $300,000 was spent on the property in 2008. Work involved collecting 1300 soil, 20 silt and 167 rock samples. The latter included grab, chip, channel, and panel samples that were taken from 4 mechanical and 7 hand trenches. In addition, parts of the property were geologically mapped and systematically prospected.

The soil sampling program outlined two new areas with high silver values and three other areas with anomalous gold values. These areas require further prospecting and trenching as recommended in the Assessment Report by G.E. Ray, P.Geo., dated May 1 2009.

The property contains a number of widely distributed Ag-Zn-Pb-Au-bearing sulfide occurrences that include the Max and Knoll prospects. These occur within a 700 meter by 1000 meter area and are hosted by a package of sedimentary and dacitic volcanic rocks. Mineralization is characterized by abundant pyrite, sphalerite, galena, stibnite, arsenopyrite and jamesonite with minor chalcopyrite. It occurs either as veins, up to 1.5 m thick, or as extensive bedding-parallel, stratiform units that reach 30 cm wide. The mineralogy, geochemistry and geology suggest the mineralization may be related to a syn-sedimentary, shallow-marine VMS hydrothermal system similar to that mined at the Eskay Creek and Equity Silver deposits. This exploration target will remain the main focus of Otterburn's field work during the 2009 season.

Grab samples collected from a number of trenches in 2008 assayed up to 2015 grams per tonne silver and 3.88 grams per tonne gold with moderate to very high values of lead (maximum 16%) and zinc (maximum 18%). Some assay results are listed below.

Assay results of the rock grab samples from the Max area collected by G.E. Ray (P.Geo.), in 2008.

Sample Locality Ag g/t Au g/t

GRM03 Marc Occurrence 67 2.49
GRM04 Marc Occurrence 99 3.30
GRM05 Main Trench 287 1.31
GRM06 Main Trench 234 1.48
GRM07 Main Trench 492 0.94
GRM08 Main Trench 274 1.77
GRM09 Creek Occurrence 559 3.29
GRM15 Lucky Jack Occurrence 937 2.78
GRM16 Cat Occurrence 452 1.73
GRM17 Main Trench 204 0.20
GRM18 Main Trench 391 1.07
GRM19 Knoll View Occurrence 647 1.38
GRM20 Creek Occurrence 2015 3.88

Dr. Gerry Ray, P.Geo., is the qualified person responsible for this release.

About Otterburn Ventures Inc.

Otterburn is a British Columbia based small-cap mineral exploration company in the business of exploring and potentially developing precious metal deposits in Canada. Otterburn's main asset is its Suskwa Property, which hosts a number of mineral showings that may have geological similarities to the Eskay Creek area deposits. The Property is located in the Harold Price Creek Valley, on the North East slope of Blunt Mountain, approximately 55 miles north of Smithers, B.C.

On Behalf of the Board

Robert Cairns, CEO

FORWARD LOOKING STATEMENTS: This document includes forward-looking statements as well as historical information. Forward-looking statements include, but are not limited to, the continued advancement of Otterburn's general business development, research development and Otterburn's development of mineral exploration projects. When used in this document, the words "anticipate", "believe", "estimate", "expect", "intent", "may", "project", "plan", "should" and similar expressions may identify forward-looking statements. Although Otterburn Ventures Inc. believes that their expectations reflected in these forward looking statements are reasonable, such statements involve risks and uncertainties and no assurance can be given that actual results will be consistent with these forward-looking statements. Important factors that could cause actual results to differ from these forward-looking statements include the potential of fluctuations in the marketplace for the sale of minerals, the inability to implement corporate strategies, the ability to obtain financing and other risks disclosed in our filings made with the Canadian Securities Regulators.

The CNSX does not accept responsibility for the adequacy or accuracy of this release.

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