Birim Goldfields Inc.
TSX : BGI

Birim Goldfields Inc.

January 19, 2006 09:58 ET

Birim Goldfields Inc./Drilling Continues to Extend Tinga Far East Gold Deposit, Ghana: Phase One Drilling Complete

MONTREAL, QUEBEC--(CCNMatthews - Jan. 19, 2006) - Birim Goldfields Inc. (TSX:BGI) ("Birim" or "the Company") is pleased to release the third set of diamond core and reverse circulation (RC) drill results from the now complete Phase One drilling program on the Company's Tinga Far East gold deposit in Ghana.

Following the Company's last news release (December 15, 2005) in which a 100-meter strike extension to the north was reported, newly received assay results continue to extend the strike length of the deposit by a further 100 meters to the north (see map). The extension is defined by intersections in a drill fence containing drill holes BFE 36 (3m @ 8.61 g/t) and BFE 37 (4m @ 4.4 g/t), which intersected mineralization at vertical depths of 78 meters and 101 meters respectively. In this area the mineralization remains open in all directions.

In the most recent set of assays, the best intersection received was from verification hole BFE 15 in the central part of the deposit which cut 6.95 g/t over 11.5 meters. This intersection verifies Semafo's drillhole RTC084 which intersected 7 meters at 6.18 g/t, although both grade and width were increased.

A summary of the significant intersections recently received are presented in the table below:



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Drillhole(i) Depth from Depth to Width (m) Grade (Au) Type
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BFE 15(i)(i) 42 53.5 11.5 6.95 g/t Diamond
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BFE 23 46 48 2 6.52 g/t RC
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BFE 25 57 58 1 0.69 g/t RC
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BFE 32 69 71 2 1.12 g/t RC
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BFE 36 96 99 3 8.61 g/t RC
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BFE 37 120 124 4 4.40 g/t RC
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BFE 42 125 126 1 0.56 g/t RC
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BFE 43 98 99 1 0.53 g/t RC
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110 111 1 1.09 g/t RC
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BFE 44 104 105 1 3.70 g/t RC
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BFE 45 146 148 2 3.29 g/t RC
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BFE 47 106 110 4 1.00 g/t RC
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142 146 4 1.12 g/t RC
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(i) Drill intersections have not been corrected for width.
(i)(i) BFE15 was drilled as a verification hole adjacent to Semafo's RTC084 which intersected 7m @ 6.18 g/t between 42m to 49m.

Drilling of the southern extension of the gold deposit has defined a continued although weaker trend. This reflects a narrowing of the mineralised zone to the south although the system does remain open. To date, Birim has extended the strike of the down-dip extent of the mineralization in the south by 200 meters. The strike of the Far East deposit has been extended to 1,850 meters.

The drill hole samples were submitted to SGS Laboratories (Tarkwa). The samples were analyzed by fire assay using a standard 50g charge with a AAS finish, a gravimetric finish was requested for any fire assay results which reported above 5 g/t gold. Birim and SGS have routinely inserted quality control samples into all sequences of submitted samples to ensure full compliance with NI 43-101 securities regulations.

Jean Rainville, P. Eng., the Qualified Person under NI 43-101 has verified the intersections in the table above.

The 7,940-meter Phase One drill program has now been completed on the Tinga gold deposit. The outstanding results will be compiled, interpreted and released as they become available. After successful completion of the current drill plan and based on analysis of all assay results received, it is the Company's intention to undertake a second phase of drilling on the mineralised shear system which remains open to the north. Birim purchased the Tinga concession from Semafo in a transaction that was announced on June 22nd, 2005 (www.birim.com).

A reminder to investors is that Ghana's mineral wealth remains best exemplified by an historical gold production in excess of 55 million ounces with more than 100 million ounces in both the reserves and resources categories outlined thus far. Birim Goldfields Inc. is a royalty-based exploration company focused on gold exploration in Ghana and trades on the Toronto Stock Exchange under the symbol BGI.

A map is available at the following address: http://www.ccnmatthews.com/docs/bira0119.pdf

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