Ressources Appalaches inc.

Ressources Appalaches inc.

January 16, 2007 10:00 ET

Ressources Appalaches/Ashini Property: Two New Pegmatite Veins With Uranium

RIMOUSKI, QUEBEC--(CCNMatthews - Jan. 16, 2007) - Ressources Appalaches (TSX VENTURE:APP) announces the discovery of two more uranium-bearing pegmatite veins on the Ashini property in Quebec. The Company has received analytical results that range from 603 to 985 ppm uranium from two new pegmatite veins in addition to receiving the results from three re-analyzed samples on the first two discovered veins that contain 745 ppm, 923 ppm and 609 ppm U (Press Release of December 4, 2006).

These new results were obtained from samples taken from four surface areas that were stripped in the autumn of 2006. Vein #1, the northernmost vein is located approximately 1.7 Kms from vein #2 which is in turn located 2.3 Kms to the north of the new veins #3 and 4. Results obtained to date from the four veins are as follows :

Uranium Uranium
(ppm) (%)
Vein #1 2230 0,22
923 0,09
745 0,07
390 0,03
325 0,03
145 0,01
Vein #2 609 0,06
593 0,06
Vein #3 603 0,06
Vein #4 907 0,09
985 0,09

Vein #1 is sub-horizontal. It is approximately 3 metres thick and has been so far traced over a strike lenght of 15 metres. Vein #2 is vertical, varies from 0.3 to 1.5 metres in thickness, and has been traced for 16 metres along surface. Vein #3 is also vertical, with a thickness between 3.0 and 5.0 metres and an explosed lenght of 14 metres. Vein #4 is exposed over 15 metres with a thickness of 2 metres and is sub-horizontal. All veins remain open at both ends.

The property is located 20 Kms directly north of Godbout, Quebec and is easily accessed by forestry roads. A major geological structure, over 50 Kms long and identified by a strong magnetic anomaly traverses the property. The Company's properties in the area cover approximately 20 Kms along the regional structure. Ressource Appalache's 5 properties (279 claims) cover an area of approximately 160 Km2

The samples were analyzed by several multi-element methods at ALS Chemex (ME-XRF05 and ME-MS61r) or at Actlabs (FUS-MS and DNC).

The contents of this press release were prepared by Alain Hupé, Geologist and NI-43-101 Qualified Person. The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

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