Astral Mining Corporation

Astral Mining Corporation
Kootenay Gold Inc.

Kootenay Gold Inc.

June 26, 2008 07:00 ET

Astral and Kootenay Drill 8m at 8.31 g/t Gold on the Jumping Josephine Gold Project

VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 26, 2008) - Astral Mining Corporation (TSX VENTURE:AST)(PINK SHEETS:ASMGF)(FRANKFURT:A7D)(WKN# A0JDX3) ("Astral" or "the Company") and joint venture partner Kootenay Gold Inc. (TSX VENTURE:KTN) are pleased to announce the second batch of assays from two HQ drill holes of the 30 hole, 5,000m diamond drilling program currently underway on the Jumping Josephine gold property in south-eastern British Columbia. In addition, a 40 line kilometre 3-D Induced Polarization geophysical survey has been completed, preliminary results have been received and final data processing is nearing completion.

Assay results include 8.31 g/t gold over 8 metres from hole 08JD074 and 7.01 g/t gold over 2 metres from hole 08JD073. Detailed results are provided below in Table 1.

08JD073 was drilled on the same section as previously reported drillhole 08JD070-72 (see June 9, 2008 news release) and 07JD074 was drilled on a section 10m south of the section containing holes 07JD001-4.

Table 1: Significant Intervals from HQ Diamond Drill Holes on JJ Main Gold

HOLE ID (ii) (ii) DIP (utm) (m) (m) (m) (g/t) (ft) (opt)(i)
08JD073 429827 5456770 -80 315 37.5 39.5 2.0 7.01 6.56 0.205
(including) 37.5 38.5 1.0 12.60 3.28 0.368
08JD074 429786 5456766 -45 315 11 19 8.0 8.31 26.24 0.243
(including) 11 14 3.0 20.98 9.84 0.613
(i) troy ounce per short ton
(ii) drill collars spotted with compass and chain - not yet surveyed

These infill holes are designed to block-out near surface mineralization on the JJ Main discovery zone where preliminary drill-testing in 2007 identified structurally-controlled gold-bearing quartz stockwork veining over a strike length of 700m and to vertical depths of up to 225m below surface on 15 section lines.

The 40 line km 3D-IP was located to cover a circular 2km diameter aeromagnetic feature that the JJ Main Discovery Zone is centred over. It was carried out to augment currently available geochemical, geological and aeromagnetic data in identifying new JJ Main-style gold zones, assessing the potential for porphyry-style mineralization associated with the circular magnetic feature at depth and extending the 700m strike length of the JJ Main zone.

While final data processing and modelling is underway, preliminary results of the 3D IP survey show a large zone of elevated chargeability (greater than 10 milliseconds) occurs directly below and aligned with the JJ Main Zone structure in a northeast orientation. This anomaly starts at approximately 300m depth and extends 2.4km along strike and is 250 to 600m wide. The core of the anomaly has a chargeability level of greater than 15 milliseconds. Several chimney-like arms of high chargeability protrude upwards into the area of the JJ Main Zone, however, they appear to have been inadequately tested by the drilling completed to date. The deep chargeability anomaly extends 1km north of the current drilling to the northern edge of the survey. This large chargeability anomaly, which has an obvious spatial relationship to the high-grade gold stockwork vein system at JJ Main, represents a compelling drill target which will be tested during the current phase of drilling once modelling of the anomaly is completed. In addition, a number of chargeability anomalies were detected peripheral to the JJ Main trend; several are associated with known surface rock and soil geochemical anomalies. These also will be prioritized for drill testing. Resistivity data demonstrates that the JJ Main zone is related to a linear resistivity low.

A map showing 2007 drillhole locations and a longitudinal section are provided on Astral's website at the following links: and

Preliminary images from the recently completed 3D IP survey are located at:

Technical Details

All samples reported were taken from HQ diameter core halved by diamond saw. Visible gold was observed within quartz veins comprising the stockwork zone in 08JD074. As with previous work at the JJ Main prospect, samples from the stockwork zone were assumed to contain coarse gold and were analyzed by the screen fire assay method. This method aims to report the total contained gold for a 1,000g sub-sample of each pulverized sample received and is considered more accurate than the routine 30g fire assay analysis when coarse gold is present. All analyses were reported by ALS Chemex in North Vancouver B.C. ALS-Chemex is an internationally-recognized analytical service provider. In addition to laboratory standards Astral has included its own blanks and independently-prepared standards into the sample sequence to assure proper quality assurance/quality control (QA/QC). Samples adjacent to the mineralized stockwork zone do not host obvious quartz veining or sulphide mineralization and are sent for 30gm fire assay analysis for gold.

The 3D IP survey and processing was carried out by SJ Geophysics Ltd. of Delta B.C. Data were collected on a coarse spaced 200m grid utilizing 100m dipoles over a 2.4km x 2.8km area and a tighter 100m spaced infill grid on 50m dipoles over an area 1km x 1.6km. The coarse grid centred on the circular magnetic feature and was designed to test for buried porphyry style anomalies at depth, while the infill grid was designed to characterize the JJ Main zone and help identify parallel or down dip/plunge analogues.

Exploration work reported in this release was completed under the supervision of Astral's Project Geologist Dale Brittliffe, P.Geo. Technical information contained in this release has been reviewed by Dr. David A. Terry, P.Geo., Director and Vice President of Exploration for Astral Mining Corporation, and a Qualified Person as defined in National Instrument 43-101.

Astral has earned a 60% interest in the JJ Project from Kootenay (see May, 2008 news release).

Astral Mining Corporation is a Canadian-based company engaged in the exploration and development of precious metal properties in North America. By focusing on exploration in mining-friendly districts, the Company minimizes the political and social risks encountered in many other parts of the world. With a new gold discovery at the Company's Jumping Josephine Gold Project in Southern British Columbia and an experienced technical team and seasoned management, Astral is poised to leverage this expertise into early exploration success. Further details on Astral Mining Corporation and its high-quality portfolio of exploration projects can be found at

Kootenay Gold Inc. is an emerging exploration Company actively developing mineral projects in British Columbia, Canada and the Sierra Madre Region of Mexico. The Company's top priority remains the ongoing development of its 100% owned Promontorio Silver project, which encompasses the former producing Promontorio Silver Mine in Northwest Mexico. Further information can be found at:


Mr. Manfred Kurschner, President & CEO

Astral Mining Corporation

Astral Shares Outstanding - 21,999,109


Mr. James M. McDonald, CEO

Kootenay Gold Inc.

Kootenay Shares Outstanding - 34,583,675

Cautionary Note to U.S. Investors: This news release may contain information about adjacent properties on which we have no right to explore or mine. We advise U.S. investors that the SEC's mining guidelines strictly prohibit information of this type in documents filed with the SEC. U.S. investors are cautioned that mineral deposits on adjacent properties are not indicative of mineral deposits on our properties. This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.

2008 Number 8

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

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