BOXXER GOLD CORP.
TSX VENTURE : BXX

BOXXER GOLD CORP.

September 12, 2007 06:00 ET

Boxxer Locates Copper Mineralization at Buena Vista

CALGARY, ALBERTA--(Marketwire - Sept. 12, 2007) - Boxxer Gold Corp. (TSX VENTURE:BXX) today updated on the progress of its exploration program that is currently underway on the Buena Vista Joint Venture project located approximately 90 miles east of Reno. Diamond drilling (1,849 feet) was completed on a previously identified geophysical anomaly. Geologic mapping and sampling as well as surface and borehole source IP surveys were carried out in the northwest part of the property.

Colin Christensen, President, commented "Results to date at Buena Vista are encouraging and have demonstrated the existence of a large mineralized Iron Oxide Copper Gold ("IOCG") hydrothermal system. We are gaining a clearer understanding of the copper mineralization that is present and will be exploring further, including deeper drilling."

Highlights:

a) 0.22% copper and 0.016 ppm gold over a core interval of 15 feet in DDH BV07-5.

b) Mapping and sampling has located four mineralized outcrops bring the total to 60 copper showings on the property. Channel sampling (see Table -1 below) of one showing has returned a maximum weighted average of 0.35% copper and 0.122 ppm gold over 13 feet (true thickness).

c) borehole source and surface IP surveys have located two new chargeability anomalies.

Significant Drilling Results:

DDH-BV07-5 was designed to test a moderate to strong (up to 23ms) chargeability anomaly defined by both borehole and surface IP surveys in the "feeder zone" area. The borehole source IP anomaly was interpreted to be a sulfide halo surrounding a zone of disseminated manto-style copper mineralization. Four moderately dipping, stacked, strata-bound, altered (sodic-calcic) units were intersected by this drill hole. The lowest unit was intersected from 826.0 feet to 898.2 feet and shows widespread, intense phyllitic (sericite, sericite - clay) alteration and weak disseminated and stockwork pyrite-bornite-chalcopyrite (1%-3% total) mineralization.

DDH BV07-6, an offset hole, was completed to test the interpreted up-dip extension (to the west) of the mineralized unit intersected in DDH BV07-5 and copper mineralization exposed on surface. The mineralized unit in DDH BV07-5 was intersected at a hole depth from 719.2 feet to 721.5 feet but was found to be mostly faulted off at this location.

Significant mineralized intervals in the two diamond drill holes are set out below.



Significant Drilling Assay Results:
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From To Interval % Gold
DDH # Azimuth Dip (ft) (ft) (ft) Copper (ppm)
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BV07-5 - -90 degrees 829.2 844.2 15.0 0.22 0.016
BV07-6 300 degrees -70 degrees 215.5 218.0 2.5 0.12 0.005


Geophysical Surveys:

Additional borehole source and surface IP surveys were completed after the drilling program in an attempt to trace the strike extension of the mineralized unit intersected in DDH's BV07-5 and BV07-6. These surveys identified a trend of increasing chargeability (10ms to 18ms) to the southeast. A deep (greater than 600') IP anomaly that ranges from 300 to 400 feet wide and 1,700 long was located on ground controlled by Boxxer.

Conclusions:

The mineralized intervals in DDH BV07-5 and DDH BV07-6 and the recently identified IP anomaly suggest that a manto-style zone of copper mineralization occurs within a larger sulfide halo. The drilling and geophysical data suggest that the mineralized unit is open down dip to the east and along strike. The intensity of sulfide mineralization is interpreted to be increasing to the southeast based on the IP anomaly and drilling information. The mineralized unit intersected in DDH BV07-5 and DDH BV07-6 may correlate across a major fault to DDH-BV07-3 which shows a similar type of alteration. Additional deep drilling is warranted to further test the mineralized unit.

Geophysical Surveys:

Surface and borehole source IP surveys have identified two new chargeability anomalies (Anomaly A and Anomaly B).

Anomaly A: This anomaly is estimated to occur at a depth of greater than 600 feet and is located on the northwest side of the property. The anomaly is linear near surface and has been traced at least 1,900 feet in a northwest-southeast direction parallel to the strike of the andesite flow units in this area. An interpretation of the borehole source IP survey suggests that at a depth of 600 feet this anomaly is much larger (at least 3,000' long and 1,100' wide), more irregular shaped and stronger (10ms - 18ms). This area of the property is mostly covered by thin colluvium. Anomaly A is interpreted to represent a large area of sulphide mineralization.

Anomaly B: This anomaly was identified at the northeast end of the property. Mapping and sampling within this anomaly has located a northwest-trending strata-bound albite-Fe-carbonate-hematite alteration unit that ranges in thickness from 10 to 50 feet. The unit has been traced at least 1,800 feet along strike to the northwest.

Mapping and Sample Results: Mapping and sampling completed in July has located three new mineralized outcrops.

Disseminated and stockwork style chalcopyrite mineralization was located in outcrop several hundred feet west of the collar of DDH BV07-5 and assayed 0.14% copper over an interval of 13 feet.

Two additional copper showings occur immediately adjacent to Anomaly A and consist of localized bornite and chalcopyrite disseminations and veinlets hosted in a strata-bound albite-Fe-carbonate-hematite alteration unit. Analytical results for channel and grab samples from these showings are shown in Table-1 (see Northwest showings).

A continuous zone (Northeast Showings) of mineralized outcrops approximately 300 feet long containing fine-grained disseminated chalcopyrite mineralization occurs at the east end of this 1,800 foot long strata-bound albite- iron carbonate - hematite alteration unit. Channel sampling over the widest exposed part of the mineralized outcrops returned a weighted average of 0.35% copper and 0.122 ppm gold over 13 feet (true thickness). All assays from this mineralized zone are shown in Table-1 (northeast showings). The mineralized outcrops dip moderately down slope to the southwest under thin pediment cover.

A similar zone of mineralized outcrops is located approximately 400 feet to the north of the Northeast showings. This zone is shear bounded and at least 800 feet long. Assays are pending for mineralized samples collected from the zone. Visible disseminated chalcopyrite plus or minus bornite (and their oxidized equivalents) mineralization were observed in all the samples taken. The two mineralized zones are associated with the strong (up to 18ms) chargeability of Anomaly B that is located between the two mineralized zones and open along strike.



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Northwest Showings
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Sample # Interval (ft) % Copper Silver (ppm) Gold (ppm)
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74405 float 3.79 20.9 10.00
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74406 3 0.06 0.4 0.01
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36039 1 0.72 2 0.05
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Northeast Showings
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Sample # Interval (ft) % Copper Silver (ppm) Gold (ppm)
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74407 3 0.25 0.30 0.06
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74408 3 0.67 0.30 0.32
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74409 4 0.45 0.20 0.12
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wt. average 13 0.35 0.20 0.12
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74410 4 0.30 less than 0.20 0.12
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74411 5 0.08 less than 0.20 0.12
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74412 5 0.50 0.20 0.12
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74413(i) 3" 0.29 less than 0.20 0.12
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36010 1 1.17 1.00 0.22
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(i) Samples length in inches


Future Exploration Plan:

The next phase of exploration will focus on the northwest portion of the project area with follow-up diamond drilling on the feeder zone target. The new IP anomalies will require additional surface IP surveying to define further potential drill targets. Each anomaly will be tested by diamond drilling.

Sample Preparation and Analysis:

All drill core and outcrop samples were prepared at the ALS Chemex laboratory in Winnemucca, Nevada. Prepared sample pulps 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. Additional quality control measures included insertion of blanks in all drill core sample batches submitted and requests for duplicate check assays from selected pulp or coarse-reject samples.

Mr. Theodore A. DeMatties is an independent geologist consulting to Boxxer and is the Qualified Person who has reviewed and verified the technical information detailed in this release.

About Boxxer Gold Corp.

Boxxer Gold is a Canadian junior resource company involved in the exploration of copper-gold porphyry and Iron-Oxide-Copper-Gold projects in the state of Nevada. On completion of the drilling program at the Buena Vista project, diamond drilling is planned for the Boyer Ranch project.

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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.

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