BOWMORE Exploration Ltd.
TSX VENTURE : BOW

BOWMORE Exploration Ltd.

December 15, 2011 08:00 ET

BOWMORE Intersects 115 Metres Grading 0.35 g/t Gold on the St-Victor Property

MONTRÉAL, QUÉBEC--(Marketwire - Dec. 15, 2011) - BOWMORE Exploration Ltd. (TSX VENTURE:BOW) ("Bowmore" or "the Company") is pleased to announce results from the 2011 drill program on the 100% owned St-Victor property, located 15 km east of the town of Asbestos in south-eastern Quebec. This grass-roots exploration program is targeting sediment-hosted, low-grade, bulk tonnage gold deposits similar to those found at Sukhoi Log (Siberia) or at Kinross' Paracatu Mine in Brazil.

Eight drill holes (total of 1627 metres) were completed to test for depth extent of gold mineralization near three gold-bearing zones (Gérard, Wotton and Wotton NW) defined from the 2009 and 2010 prospecting and surface sampling programs (see October 12, 2010 press release), as well as to test a portion of a geophysical (electromagnetic) anomaly near the Gérard zone. All drill holes, except for the one testing the geophysical conductor, returned anomalous gold values (better than 0.1 g/t Au over decametres) hosted within pyrite-bearing black slates. The table below summarizes significant assay results obtained from the Wotton NW and Wotton zones:

Hole_No Surface Zone From (m ) To (m ) Width (m ) Au g/t
V-11-01 Wotton NW 3.0 118.0 115.0 0.35
And Wotton NW 160.0 178.0 18.0 0.21
V-11-02 Wotton NW 18.0 76.0 58.0 0.30
And Wotton NW 91.0 116.0 25.0 0.21
V-11-03 Wotton 95.0 103.0 8.0 0.21

Mr. Paul Dumas, President and CEO of Bowmore Explorations Ltd stated: 'We are very pleased by these preliminary drill results on our Saint-Victor property. Wotton NW is particularly encouraging as it confirms the potential for a bulk-tonnage gold deposit near the historic mining district of Asbestos and Thetford-Mines, two mining communities deeply affected by decreasing asbestos demand. Any success at defining a gold deposit minable by open pit methods will capitalize on the presence of a local, highly skilled mining workforce."

All mineralization encountered in the drill holes reported above is relatively homogeneous (individual samples grading 0.10 to 0.65 g/t gold) and believed to be strata bound in nature, i.e. genetically related to a unit of pyrite slate. No enrichment related to quartz veins or nugget effects were noted in the core samples.

Two holes were drilled to test the Wotton NW gold zone (V11-01 and V11-02) and these produced the best results. To see the cross section please visit (www.Bowmorexploration.com\St-Victor\DDH2011.jpg). The holes were collared 85 metres apart in the nose of a SW-plunging, recumbent anticlinal fold structure that hosts the unit of auriferous pyritic slate. Results from these two holes suggest the slate unit has a minimum true thickness of 80 metres and previous surface sampling indicates a minimum strike length of 1000 metres along the fold axis. Such structural control on disseminated, sediment-hosted gold mineralization is reminiscent of Sukhoi Log, a +30 million ounces gold deposit grading an average of 2.0 g/t Au occurring in Siberia (Ref: Large et. al., 2007, Economic Geology, v. 102, pp. 1233-1267; unclassified non-43-101 compliant resource).

Four holes were drilled on the Wotton zone (V11-03 to V11-06). The Wotton zone is located 2.3 km southeast of the Wotton NW zone within a separate anticlinal structure. All holes intersected anomalous gold values over tens of metres (e.g. 0.13 g/t Au from 13 to 143 metres in hole V-11-03; 0.11 g/t Au from 3 to 51 metres in hole V-11-04; 0.10 g/t Au from 6 to 60 metres in hole V-11-05; 0.11 g/t Au from 42 to 104 metres in hole V-11-06). Although Wotton zone gold values are below current bulk-tonnage cut-off grades for such mines as Paracatu, they are significant in that they confirm, along with other zones such as Gérard, the regional distribution of the auriferous pyritic slate unit.

Hole V-11-07 was drilled on the Gérard Zone, located 5.6 km southwest of the Wotton NW zone. This hole also returned anomalous values, e.g. 0.16 g/t Au from 52 to 74 metres and 0.14 g/t Au from 142 to 185 metres).

Bowmore is very encouraged by these results and plans further work that will include drilling the Wotton NW zone both westward and down-plunge along the gently dipping anticlinal fold axis. Laboratory petrographic work will also focus on establishing whether the gold is truly associated with the pyrite in the slates.

Bowmore follows strict QA-QC protocol measures in keeping with industry standards and regulatory reporting requirements. All drill cores was processed using descriptive logging and systematic sampling for analysis. NQ core samples were cut in half, with one half delivered to a commercial laboratory and the other half retained for future reference. Duplicates, blanks and standards were inserted into the sample sequence. Reported drill core assay weighted averages were calculated using a minimum of 0.20 g/t Au over successive intervals of 20 metres. The lengths of mineralized intervals of less than 20 metres were minimized. Lost core within mineralized intersections were incorporated as blank intervals. All samples were prepared and analyzed at the facilities of ALS Chemex Val D'Or Quebec. The processed samples were submitted to a standard Fire Assay with AA technique (Au-AA-24) on a 50 gram sub-sample. The reader is directed to ALS Chemex website for more details: www.alsglobal.com/mineral.

Gilles Lanthier, P. Geo, principal consulting geologist for Bowmore, is the Qualified Person who has reviewed this news release and is responsible for the technical information reported herein.

About BOWMORE

BOWMORE is a Canadian exploration mining company focused on precious metal exploration in Canada and Mexico. The Company trades on the TSX Venture Exchange under the symbol "BOW".

Forward-looking statements:

Except for statements of historical facts, all statements in this news release regarding, without limitation, the Private Placement, new project acquisitions, future plans and objectives are forward-looking statements which involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions actual results and future events could differ materially from those anticipated in such statements. Factors that may cause the actual results to differ materially from those in forward-looking statements include precious metal prices, results of exploration and development activities, regulatory changes, defects in title, availability of materials and equipment, timeliness of government approvals, continued availability of capital and financing and general economic, market or business conditions. The Company cautions the foregoing list of important factors is not exhaustive. Investors and others who base themselves on the Company's forward-looking statements should carefully consider the above factors as well as the uncertainties they represent and the risk they entail. Please see the public filings of the Company at www.sedar.com.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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