Birim Goldfields Inc.

Birim Goldfields Inc.

November 06, 2006 08:41 ET

Birim Goldfields Inc.: Follow Up Drilling at Chert Ridge Delivers Results

10 meters at 4.79 g/t Gold Intersected

MONTREAL, CANADA--(CCNMatthews - Nov. 6, 2006) - Birim Goldfields Inc. (TSX:BGI) ("Birim" or "the Company") has successfully completed the follow-up drill program along a 1,600 meter strike extent on it's nine kilometer long Chert Ridge prospect on the wholly-owned Cluster Property in the Bui area of Ghana. The target definition reverse circulation ("RC") drill results have provided further encouragement that the regionally significant shear zone associated with the Chert Ridge prospect has the potential to host economic concentrations of gold mineralisation.

Two zones of mineralization have been identified:

- The first has a strike potential of approximately 300 meters and has been defined over an 85 meter distance by intercepts in BCC004 of 10 meters @ 2.23 g/t of gold and BCC006 of 12 meters @ 3.09 g/t of gold (see section A-A').

- The second has a strike potential of approximately 400 meters and is located 350 meters southeast of the aforementioned zone. This zone is defined by intercepts in BCC016 of 11 meters @ 1.42 g/t of gold and BCC020 which cut 10 meters @ 4.79 g/t of gold which are 160 meters apart (see sections B-B' and C-C').

Birim Goldfields has now completed 30 drill holes totalling 1,954 meters at the Chert Ridge prospect. The target definition drilling completed in October 2006 follows positive results intersected during the initial scout drilling phase where borehole BCC004 cut 10 meters at 2.23 g/t of gold (see news release dated August 31, 2006). The current program tested 1,600 meters of anomalous strike on 10 drill fences spaced approximately 200 meters apart, to a maximum depth of 60 meters. Significant results from the current program are tabled below.

Table 1 -- Significant Intersections from the Current RC Follow Up
Drill Program(i)(see notes)
Drill Hole Number Hole Depth(m) Interval(m) Width(m) Grade(Au g/t)
BCC005 50 16 - 20 4 2.12
BCC006 54 32 - 44 12 3.09
BCC016 50 34 - 46 11 1.42
BCC018 54 47 - 52 5 2.14 (open)
BCC020 50 5 - 15 10 4.79
including 7 - 13 6 6.87
BCC023 54 42 - 49 7 2.13
BCC029 126 117 - 123 6 1.01

In addition to the target definition drilling, 6 scout RC holes totalling 340 meters were drilled during the current campaign at various localities along the same Chert Ridge trend. In drill hole BCC029, located approximately 4.2 kilometers to the north of BCC004, 26 meters @ 0.47 g/t of gold (including 6 meters @ 1.01 g/t gold) was intersected beneath an outcrop which provided a grab sample assay of 12.81g/t of gold. This intersection is geologically significant and indicates that a wide zone exists of intense alteration and mineralisation at a site that has little corresponding gold-anomalous soil support on surface. Future drilling will follow this trend in both directions to establish whether it hosts economic grades.

Birim's understanding of the structural controls of the mineralization at Chert Ridge continues to grow. Drilling to date has confirmed that gold mineralization is almost always situated within a felsic intrusive unit that is likely to have intruded into a reactivated shear zone that is generally dipping steeply (greater than 70 degrees) to the southeast. This structure has undergone intense hydrothermal alteration, including intense silicification, which has produced quartz veins and pseudo-chert units marginal to the mineralized felsic intrusive unit.

Follow-up infill drilling comprising at least 1,500 meters is planned to follow shortly at the Chert Ridge prospect. This will include:

- Infill and extension drilling of the zone defined by drill intersections BCC004 to BCC006,

- Infill and extension drilling of the zone defined by drill intersections BCC020 to BCC016,

- Follow up in the vicinity of the recently completed scout drilling to the north and

- Further scout drilling along the extensive Chert Ridge prospect

Mr. Beau Nicholls of RSG Global Consulting, a Qualified Person under NI 43-101 standards, has independently verified the current drilling, sampling and assay data reported in this release.

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.

(i)Notes to Table 1

1. Drilling:

a. All quoted intersections were drilled using reverse circulation.

b. Drilling was conducted towards magnetic azimuths ranging between 310(o) and 320(o) and scissor holes were drilled towards 135(o) or 140(o). Target definition and scout drill holes were drilled at inclinations of -50(o) and -45(o) respectively.

c. Down hole surveys were performed every 30 metres.

2. Assays:

a. Drill results are for 1m interval riffle split RC samples and are quoted to 2 decimal places.

b. Laboratory sample preparation comprised of drying and jaw crushing of a greater than 2kg RC sample, followed by pulverising of a riffle-split 2kg sub-sample. Samples were assayed at Transworld Laboratory in Tarkwa, Ghana using 50g Fire Assay with Atomic Absorption Spectrometry (AAS) finish.

3. QA/QC:

a. Internationally recognised standard reference materials, duplicate samples and blank samples were routinely inserted into the sample sequence on a 5% basis.

b. Birim applies rigorous QA/QC procedures to ensure that the quality of the sample results plot within acceptable limits.

4. Intercepts reported are all greater than 5 gram meters and are constrained with a 0.5 g/t lower cut-off grade, no high cutoff grade, and up to 4m (consecutive) of internal dilution. Intercepts of only 1 meter in width are not reported despite some containing grade.

A map of the Chert Ridge Target Area Follow up Drilling - Location and Results is available on the CCNMathews website at the following address:

Maps of the Chert Ridge Target Area - Cross Sections of Follow Up Drill Results are available on the CCNMatthews website at the following address:

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