Birim Goldfields Inc.
TSX : BGI

Birim Goldfields Inc.

October 20, 2005 08:17 ET

Birim Goldfields Inc.: Drilling Update on the Far East Gold Deposit, Ghana

MONTREAL, QUEBEC--(CCNMatthews - Oct. 20, 2005) - Birim Goldfields Inc. (TSX:BGI) ("Birim" or "the Company") is pleased to release an update of its current drilling activities on the Far East gold deposit located on the recently acquired Tinga Prospecting Licence ("Tinga") in Northern Ghana. Tinga is situated 10km to the west of another node of Birim's exploration activity, the Kuri Prospect.

The drill program at the Far East deposit, which commenced in August 2005, has a three-fold objective: to verify the unpublished resource data purchased from Semafo Inc. ("Semafo") in June 2005; to develop a geological understanding of the deposit using diamond drilling; and, most importantly, to further extend the resource down-dip.

To date, of the planned 21-drillhole program, 18 holes have been drilled for a total of 1,809 meters of reverse circulation and 780 meters of diamond drilling. Samples have been sent to SGS Laboratories at Tarkwa, Ghana for analysis. Quality control samples have been routinely inserted into all sequences of submitted samples to ensure full compliance with NI 43-101 securities regulations.

The diamond core has provided Birim with the first-ever view of the stratigraphic profile of the Far East deposit, and the core has been orientated to enable the development of a structural geological model for the deposit.

In addition, the Company has created a 3-D geometry model of Semafo's resource data. The model is being used to verify expectations of Semafo's internal resource estimates, to manage Birim's drill planning, and as a resource framework upon which Birim hopes to add further ounces. A review of the drill progress against the 3-D model has prompted Birim to deepen a number of drill holes in the high-grade portion of the Far East deposit. Amongst its many other projects in Ghana, the Company is focusing much effort into the growth of Tinga, and the definition of further gold resources in this under-explored region.

After successful completion of the current drill plan and based on assay results, it is Birim's aim to undertake a second phase of drilling to follow the strike of the mineralised shear system which remains open to the north and south.

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.

Contact Information