Tenajon Resources Corp.

Tenajon Resources Corp.

October 19, 2007 13:46 ET

Tenajon Resources Corp.: Drilling Commences on Burn Molybdenum Property

Drilling to Test Coincident Molybdenum Soil Anomaly and Geophysical Anomalies

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 19, 2007) - Tenajon Resources Corp. (TSX VENTURE:TJS) (the "Company") is pleased to announce that a diamond drilling program has commenced at its 100% owned Burn Molybdenum Property located in north-central B.C. The program is designed to follow-up on the results of recently completed geochemical and geophysical surveys, as well as historical surveys. Tenajon is now conducting exploration drill programs on three molybdenum properties. Drilling continues at its Ajax Molybdenum Property located in northwestern British Columbia as well as the Moly Brook Molybdenum Property located on the south coast of Newfoundland.

The Burn Property is road accessible and is located 4 km northwest of Kispiox, B.C. Infrastructure is excellent with a railhead at Hazelton, 14 km to the south, and power passes to within 1 km of the property boundaries.

The Burn Property saw limited exploration completed on it in the mid 1970's and early 1980's by Noranda and Amoco Canada Petroleum. Historical work included geological, geochemical and geophysical surveys along with limited drilling. The work showed the Burn Property to be underlain by sediments that have been intruded by a 400 metre wide by 1100 metre long granodiorite intrusion. Within the intrusion and sediments molybdenum occurs in quartz vein stockwork and veins, along fracture faces and as disseminations. A recently completed soil sample survey showed the greater than 25 ppm molybdenum contour to outline an up to a 650 metre wide by 1000 metre long anomaly. Within the anomaly soil values range up to 1084 ppm molybdenum. The 2007 I.P survey outlined a 600 metre long by 900 metre wide resistivity high zone that is in part coincidental with the intrusion and soil anomaly. Flanking the resistivity high are a series of chargeability anomalies. A ground magnetic survey showed a magnetic low to correspond with the strongest part of the soil anomaly.

In 1979 and 1980 Amoco drilled six vertical holes, of which only the results for Hole 80-6 are available. Hole 80-6 was located at the north end of the property peripheral to the recently completed soil and resistivity anomaly. The hole intersected anomalous molybdenum values throughout its 606 metre length. Some of the more noteworthy intersections are listed below.

From To Int. Int. Mo MoS2
(metres) (metres) (metres) (feet) (%) (%)
51.0 135.0 84.0 276 0.061 0.102
Inc. 51.0 72.0 21.0 69 0.133 0.222
And 114.0 135.0 21.0 69 0.047 0.078
207.0 219.0 12.0 39 0.065 0.108
294.0 333.0 39.0 128 0.032 0.053
420.0 429.0 9.0 30 0.065 0.108

The 2007 drill program will result in approximately 1450 metres of drilling being completed.

Dave Visagie, P. Geo., a Qualified Person as defined by NI 43-101 is in charge of the exploration program at the Burn Property.

On Behalf of the Board of Directors


D. Bruce McLeod, President

This news release may contain forward looking statements which are not historical facts, such as ore reserve estimates, anticipated production or results, sales, revenues, costs, or discussions of goals and exploration results, and involves a number of risks and uncertainties that could cause actual results to differ materially from those projected. These risks and uncertainties include, but are not limited to, metal price volatility, volatility of metals production, project development, ore reserve estimates, future anticipated reserves and cost engineering estimate risks, geological factors and exploration results. See the Company's filings for a more detailed discussion of factors that may impact expected results.

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

Contact Information

  • Tenajon Resources Corp.
    D. Bruce McLeod
    (604) 687-7545 or Toll Free: 1-888-338-2200
    (604) 689-5041 (FAX)
    Email: info@northair.com
    Website: www.tenajon.com