March 26, 2008 06:00 ET

Boxxer Announces Sampling Program at Boss Property

CALGARY, ALBERTA--(Marketwire - March 26, 2008) - Boxxer Gold Corp (TSX VENTURE:BXX) ("Boxxer" or the "Corporation") announces that it has completed a detailed chip/channel sampling program in the underground workings of the Oro Amigo and Boss # 2 and Platina mines. These former mines are located within a 14,000 foot long zone of altered (coarse grained dolomite) limestone on the west side of the Boss property. The Corporation holds a 100% interest in the Boss property located in the Goodsprings Mining District, southern Nevada. Historical production from this district occurred around the turn of the 20th century with the mining of high-grade vein style copper-gold mineralization that contained significant concentrations of platinum, palladium and silver. These high-grade veins are interpreted to be the distal expression of porphyry copper mineralization.

Exploration Model:

The Boss property exhibits many similarities to the Robinson Mining District located approximately 12 miles west of Ely, in east central Nevada. The mineralization in the Robinson District consisted of numerous high-grade copper-gold and gold mineralization in veins overlying a porphyry copper deposit. The porphyry deposit was mined from 1908 to 1963 with reported production to be 255 million tonnes grading 0.8% copper with significant concentrations of gold-silver-platinum-palladium.

Boss Exploration Results:

The exploration results set out in the table below have been previously announced by Boxxer and can be viewed at Thirteen large zones of copper-gold-platinum-palladium-silver mineralization have been located along this 14,000 foot long zone. The limits of the mineralization in all 13 zones have not been defined. The alteration appears to be related to an intrusive that underlies the southwest part of the property. Continuous channel sampling across the interpreted width of the mineralized zone on different levels in the Boss Mine and the Oro Amigo Mine has yielded the following weighted average grades:

Boss Mine Interval copper gold platinum palladium silver
(m) (%) (g/t) (g/t) (g/t) (g/t)
5th Level 66 0.75 0.53 0.05 0.13 13.90
3rd, Level 53 0.99 0.41 0.12 0.11 3.04

Oro Amigo Mine
Upper Level 33 1.64 0.29 0.11 0.20 0.95
Lower level 13 1.62 1.37 0.49 0.44 5.01
12 1.39 0.55 0.01 0.01 2.78
The width of the mineralization sampled in the Boss and Oro Amigo mines is
limited by the extent of the underground workings.

2008 Sampling Program:

Oro Amigo:

The Oro Amigo mine consists of five levels. Results of the previous sampling completed on the two upper levels of the Oro Amigo mine is set out in the above table. Two grab samples from the third level collected in 2006 yielded up to 6.0% copper, 3.42 g/t gold, 0.37 g/t platinum, 0.59 g/t palladium and 60.7 g/t silver. The fourth and fifth levels of the Oro Amigo mine remain to be mapped and systematically sampled.

Additional sampling of the Lower level was completed in an attempt to locate the limits of the mineralization outlined by the previous sampling. The recent mapping shows that the third level consists of two drifts, each 12 metres long. Visible oxide copper mineralization was observed throughout the drifts on the third level hosted in altered limestone (coarse grained dolomite). On surface, numerous mineralized jasperoid outcrops occur along the trace of a low angle, east dipping thrust fault that has been traced over a distance of 500 metres. This thrust fault is exposed in the floor of the portal in the Lower level. Oxide copper mineralization has now been traced on surface over a distance of 400 metres.

Boss # 2:

This zone is located approximately 800 metres northeast of the Boss Mine. Prior to the recent sampling program, 15 chip/channel samples over intervals ranging from 0.5 to 2.0 metres were collected at various places from the underground workings. These chip/channel samples averaged 1.84 % copper, 1.14 g/t gold, 0.36 g/t platinum, 0.55 g/t palladium, and 7.48 g/t silver. Based on the previous sampling program, the dimensions of the mineralization in the Boss # 2 workings was estimated to be 130 metres long, 20 metres wide and 90 metres vertical height. The mineralization is hosted in altered (coarse grained dolomite) limestone. The previous sampling program indicated that the limits of the mineralization in the underground workings were open along strike and at depth.


The two levels of the former Platina mine are located approximately 300 metres south of the Boss mine. Prior to the recent sampling program, 4 chip/channel samples over intervals ranging from 0.4 to 2.0 metres from the Upper level averaged 1.08 % copper, 0.03 g/t gold, and 1.32 g/t silver along with trace concentrations of platinum and palladium. Based on the previous sampling, the mineralized zone was open along strike, across strike and at depth. A limited amount of chip/channel samples were collected from both levels to determine the extent and grade of the mineralization. Contingent on results, additional sampling could be required.

Future Program:

If the recently completed sampling program is successful in further extending the limits of the mineralization in the Oro Amigo, Boss # 2 and Platina, then the Corporation considers it prudent to determine the percentage recovery of copper-gold-platinum-palladium-silver prior to commencing a diamond drilling program. Contingent on the results of the recent sampling program, Boxxer plans to collect representative samples from the three largest zones of mineralization (Boss, Boss# 2 and Oro Amigo) for preliminary metallurgical test work. The purpose of the metallurgical work is to determine the relative percentages of copper, gold, platinum, palladium and silver that can be recovered and outline a preliminary recovery process.

Sample Preparation and Analysis:

All samples were collected with a hammer and chisel. These samples represent continuous sampling of the material within the sample line. The sample weight ranged from 2 to 4 kilograms. All samples have been shipped to the ALS Chemex laboratory in Winnemucca, Nevada for preparation. Prepared sample pulps for the rock samples were shipped to ALS Chemex in Vancouver, British Columbia for geochemical analysis (atomic absorption and ICP-AES methods). ALS Chemex's quality system complies with the requirements for the International Standards ISO9001:2000 and ISO 17025:1999. Analytical accuracy and precision are monitored by the use of international and in-house standards.

Quality Control

Boxxer follows a rigorous Quality Assurance/Quality Control program consisting of inserting standards, blanks and duplicates into the sample stream submitted to the laboratory for analysis.

Elmer B. Stewart, MSc. P. Geol., President of Boxxer, is the Corporation's nominated Qualified Person pursuant to National Instrument #43-101, Standards for Disclosure for Mineral Projects, has reviewed the technical information disclosed in this news release.

About Boxxer Gold Corp.

Boxxer Gold is a Canadian junior resource company that has an option to earn a 65% interest in the Nalesbitan gold deposit. The Nalesbitan gold deposit has a current mineral resource of 7.4 million tonnes at an average grade of 1.15 g/t gold. Boxxer is also involved in the exploration of copper-gold porphyry and Iron-Oxide-Copper-Gold projects in the state of Nevada, and a shear hosted gold project located 110 kilometres north of Yellowknife NWT, Canada.

Forward Looking Statements: This news release contains forward - looking information including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations and potential mineral recovery processes. Forward - looking information includes disclosure regarding possible future events, conditions or results of operations that is based on assumptions about future economic conditions and courses of action, and therefore, involves inherent risks and uncertainties. For any forward looking information given, management has assumed that the analytical results it has received are reliable, and has applied geological interpretation methodologies which are consistent with industry standards. Although management has a reasonable basis for the conclusions drawn, actual results may differ materially from those currently anticipated in such statements. For such statements, we claim the safe harbor for future.

The TSX Venture Exchange Does Not Accept Responsibility for the Adequacy or Accuracy of This Release.

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