Andover Ventures Inc.

Andover Ventures Inc.

August 13, 2007 12:09 ET

Andover Announces Commencement of Drilling on KUY

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 13, 2007) - ANDOVER VENTURES INC. (TSX VENTURE:AOX)(FRANKFURT:R2X) and NPN INVESTMENT GROUP INC. (TSX VENTURE:NPN) announce today that drilling has commenced on the KUY property located south of Iliamna Lake in southwestern Alaska, approximately 50 miles southeast of Northern Dynasty's Pebble project. The goal of this program is to drill-test geophysical anomalies detected in the IP & resistivity surveys conducted last fall and earlier this summer and testing at depth for the auriferous quartz vein sampled at surface last fall.

On August 1st, 2007, Andover and NPN announced an option agreement to explore and develop Andover's interest in the BBNC (Bristol Bay Native Corporation) package of seven properties, of which KUY is a part of, in the Bristol Bay Region in Southwestern Alaska. This agreement is still subject to TSX Venture approval.

To recap progress made by Andover on the KUY property to date: Twelve chip-channel samples were collected at the KUY property, over one-meter intervals along a 15 to 30cm (6- to 12-inch) wide quartz vein and the Company reported the following gold results. Grades ranging from a low of 6.52 ppm (6.5 grams/tonne or 0.19 ounces/ton) to a high of 869 ppm (869 grams/tonne or 27.4 ounces/ton) gold (Au) were reported (see November 13, 2006 news release). The KUY property has had four I.P. lines totaling 9.3 km completed on it in conjunction with the surface sampling program.

The contents of this release were prepared by Andover director and qualified person for this project as defined by National Instrument 43-101, Dr. David Hedderly-Smith.


Michael England, President

The TSX Venture Exchange has not reviewed nor does it accept responsibility for the adequacy or accuracy of this press release.

Contact Information

  • Andover Ventures Inc.
    Richard Martens
    Investor Relations
    (604)683-3995 or Int'l Toll Free: 1-800-266-4484
    (604) 683-3988 (FAX)