Britannica Resources Corp.
TSX VENTURE : BRR

Britannica Resources Corp.

September 05, 2007 09:19 ET

Britannica Resources Corp.: McKenzie Break Exploration Update

VAL D'OR, QUEBEC--(Marketwire - Sept. 5, 2007) - Britannica Resources Corp. (TSX VENTURE:BRR) (The "Company") is pleased to provide an update on its exploration program and initial diamond drill program on the McKenzie Break Project, located 35 kilometres north of the city of Val d'Or, Quebec.

During the period of June 15th, 2007 to August 15th, 2007, Britannica Resources Corp. completed an initial diamond drilling campaign on the McKenzie Break Project. A total of 13 holes were located on geological and geophysical targets, for a total of 2178.5 linear meters. The drilling program was oriented at detailing and extending the main gold bearing structures already known on the block of claims recently acquired from Wesdome Gold Mines (see news release, January 30, 2007). All drill holes have been logged, split, sampled and sent to the lab for assaying. The Company will release results when they become available.

Historical resource estimates have been completed in the past (Placer Dome 1991, Western Quebec Mines 1994) and were discussed in a recently completed 43-101 compliant technical report (see news release August 20, 2007) filed on SEDAR (www.sedar.com).

Following the last estimate of historical resources (Western Quebec Mines 1994), Wesdome Gold Mines completed a drilling campaign in 2004 and 2005. The following table summarizes the significant gold intersections encountered during the last drilling campaign by Wesdome Gold Mine. This drilling resulted in a significant number of new intersections. In general, mineralization was defined on 30-meter sections, to a depth of 300 meters, within the area or close to where the "resources" were estimated in 1994.



From To Width,
Hole # m m m (feet) Grade g/t Au, (opt)
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WD-04-072 82.4 84.7 2.30 (7.5) 8.10 (0.236)
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WD-04-074 60.0 63.2 3.20 (10.5) 4.13 (0.120)
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WD-04-075 50.4 53.6 3.20 (10.5) 7.36 (0.215)
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WD-04-079 159.1 160.5 1.40 (4.59) 23.67 (0.690)
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WD-04-086 12.0 13.6 1.60 (5.25) 8.00 (0.233)
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37.2 39.0 1.80 (5.90) 15.18 (0.443)
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WD-04-093 21.0 22.6 1.60 (5.25) 2.84 (0.083)
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40.4 43.0 2.60 (8.53) 3.18 (0.093)
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WD-04-095 20.7 22.2 1.50 (4.92) 12.90 (0.376)
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39.0 40.6 1.60 (5.25) 3.66 (0.107)
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WD-04-098 75.3 77.2 1.90 (6.23) 8.00 (0.233)
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WD-04-101 51.0 55.0 4.00 (13.12) 1.91 (0.056)
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WD-04-103 207.4 209.7 2.30 (7.54) 43.20 (1.259)
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WD-05-105 39.0 41.0 2.00 (6.56) 13.00 (0.379)
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WD-05-108 178.6 180.6 2.00 (6.56) 65.55 (1.911)
-----------------------------------------------------------


These results are principally centered on zone #4, which is dipping 15 degrees to the northeast. The drilling was conducted to intersect the gold mineralized structure at 90 degrees, therefore the core lengths are fairly close to true width.

During the completion of the recent NI 43-101 compliant technical report the author's (C.P. Larouche) due diligence included data verification and the re-checking of assay results listed in the previous reports, previous diamond drill holes logs, and the results posted into the logs are the same results observed on the certified laboratory assay certificates. The author confirmed that data, including the 2004 - 2005 drill results, has been generated with appropriate procedures, has been accurately transcribed from the original source and is suitable to be used.

Two typical sections of the gold mineralization were studied in detail and also some of the rejects from the 2004 - 2005 diamond drilling programs were re-assayed in order to study variation created by the presence of erratic grains of visible gold (V.G.) within quartz veinlets and also within wall rock to the quartz veinlets.

The following sections from the previous drilling completed by Wesdome Gold Mine were re-logged

Hole # WD-05-108A from 175m to 185m

Hole # WD-05-105 from 22m to 60m

The following assays were re-sampled (from the original rejects)



Hole # Sample # From (m) To (m) Length (m) g/t Au
WD-05-105 61731 39.80m 40.25m 0.45m 58.15 g/t Au
WD-04-103 61513 206.90m 207.40m 0.50m 0.20 g/t Au
61514 (VG) 207.40m 208.15m 0.75m 125.80 g/t Au
61515 208.15m 208.75m 0.60m 1.03 g/t Au
WD-04-102 61458 284.00m 285.00m 1.00m 3.10 g/t Au
WD-04-100 61327 47.00m 47.60m 0.60m 0.05 g/t Au
61328 (VG) 47.60m 48.00m 0.40m 16.57 g/t Au
61329 48.00m 49.00m 1.00m 0.13 g/t Au
61330 49.00m 49.50m 0.50m 3.57 g/t Au
WD-04-099 61298 25.35m 25.65m 0.30m 4.50 g/t Au


The reject for sample No. 61731 was not found probably having been used completely by previous testing. The other 9 rejects were sent to Bourlamaque Assay Lab, in Val d'Or, Quebec with a request to take 5 pulps from each reject of assay these new pulps separately in order to verify the consistencies of a typical assay technique when dealing with free gold.



Table 4: Check assays on rejects
Original Assay
----------------------------------------------------------------------
Sample # Assay Check 1 Check 2 Check 3 Check 4 Check 5
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g/t Au g/t Au g/t Au g/t Au g/t Au g/t Au
----------------------------------------------------------------------
61731 58.15 No reject available
----------------------------------------------------------------------
61513 0.20 0.23 0.20 0.23 0.20 0.20
----------------------------------------------------------------------
61514 125.80 126.62 118.16 110.81 122.40 104.66
----------------------------------------------------------------------
61515 1.03 1.07 0.93 1.07 1.33 1.20
----------------------------------------------------------------------
61458 3.10 2.93 3.54 3.26 4.40 2.96
----------------------------------------------------------------------
61327 0.05 0.10 0.10 0.10 0.10 0.10
----------------------------------------------------------------------
61328 16.57 29.72 28.10 28.15 22.27 19.74
----------------------------------------------------------------------
61329 0.13 0.17 0.17 0.13 0.13 0.17
----------------------------------------------------------------------
61330 3.57 4.73 4.33 4.43 6.72 4.03
----------------------------------------------------------------------
61298 4.50 8.09 8.06 11.20 10.83 11.82
----------------------------------------------------------------------


It is quite important on the McKenzie Break project to recognize the existence of the "nugget effect" in assaying for gold values. This "nugget effect" would tend to overestimate high-grade gold intersections and frequently under estimate the lower grade zones.

Britannica entered into an agreement with Wesdome Gold Mines Ltd. (see news release on November 30, 2006) for an option and sale of the McKenzie Break property. The property consists of 10 contiguous claims comprising 366 hectares, located in Fiedmont and Courville Townships, about 35 kilometres north of Val d'Or, Quebec.

Tundra Gold, Placer Dome Canada, Western Quebec Mines Inc. and Wesdome Gold Mines previously explored the McKenzie Break property. At least five known, flat-lying gold zones have been identified (see news release January 30, 2007). One of these structures, the No 4 Zone, was partly drilled at 30-metre centres to a 120-metre depth displaying good continuity of gold values (usually above average gold grade for the region). Britannica believes minimal additional work would be required to expand these gold bearing structures, at depth.

The diamond drilling and exploration programs are being carried out under the direct supervision of Claude Larouche, Ing., a qualified person for the purposes of National Instrument 43-101. The company has maintained strict standards for QA (quality assurance) and QC (quality control), by keeping under lock all drill cores, rejects and pulps for further testing. Samples were sent to ALS Chemex labs in Val d'Or, Quebec.

The information contained in this news release has been compiled, reviewed and verified by C. P. Larouche, Ing., the qualified person to the Company. This news release may contain certain forward-looking statements. These statements may involve a number of known risks and uncertainties, typical to mineral exploration and development companies, and other factors that may cause the actual results, level of activities and performance to be materially different from Company's expectation and projection.

ON BEHALF OF THE BOARD

Jeffrey A. Cocks, President

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release.

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