Cline Mining Corporation

Cline Mining Corporation

July 16, 2007 09:53 ET

Cline Mining Announces Additional Cline Lake Drilling Results

SUDBURY, ONTARIO--(Marketwire - July 16, 2007) - Cline Mining Corporation ("Cline" or the "Company") (TSX:CMK) is pleased to announce further drill and assay results from the core drilling program on its Cline Lake gold property located near Wawa, Ontario, Canada. The drilling program is being carried out by Heath and Sherwood Drilling Ltd of Kirkland Lake, Ontario under the direction of Dale M Hendrick P.Eng., a director of Cline and a Qualified person for the purpose of National Instrument 43-101.

The results of the program and new drilling strategy to test depths of up to 2,000 feet disclose important, consistent and extensive gold mineralization across the property. Diamond drill holes totalling 30,000 feet of have now been completed. The Cline Lake gold property had not previously been drilled to depth with historical exploration and production being confined to shallow drilling and workings.

Dale M Hendrick P.Eng reports that 15 diamond drill holes have been completed on the Cline Lake gold property with approximately 30,000 feet of NQ sized core drilling logged and sampled. As planned, north to south drill "fences" covering the property from West to East were completed on 6 sections located at 1000 foot section intervals. Sections were located at 500 East, 1500 East, 2400 East, 3500 East, 4600 East and 5500 East.

The drill program was designed to define the geological, structural and mineralizing environment extending beneath the old historical shallow mine workings to a depth of 2000 feet.

On the Cline Lake gold property, 4 shafts were sunk during the 1930's and according to information published in Canadian Mines Handbook the Cline Lake gold property produced 332,670 tons at a recovered grade of 0.215 opt gold with production coming from mine workings between surface to 500 feet vertically. The property is underlain by east-west interlayered steep dipping felsic and mafic volcanics that are intruded by sills and dykes of quartz porphyry hosting sulphide/quartz/ gold mineralization. A regional major structural event, the Edwards /Cline Shear dipping 60 degrees north, runs west to east across the Cline Lake property and appears to be the controlling feature that localizes quartz-sulpfide-gold mineralization within the porphyrys and volcanics. Visible "free" gold is seen frequently in the mineralized zones.

Assay results for 10 holes have been received from Swastika Assay Laboratories of Swastika Ontario and results for the initial 3 holes were reported in a News Release of April 10, 2007. Results from the remaining five drill holes are awaited to complete the current program.

A table which shows a summary of significant intersections from the 7 new holes follows:

Location Azimuth Dip From To Length Oz/ton
DDH (feet) (degrees) (degrees) (feet) (feet) (feet) Au
CL 07-3 3500E, 180 -55 421.5 424.1 2.6 1.321
CL 07-4 2400E, 180 -55 599.6 600.7 1.1 0.677
000 1,144.7 1,147.3 2.6 0.252
Including 1,146.7 1,147.3 0.6 0.596
CL 07-5 2400E, 180 -55 1,387.0 1,390.4 3.4 0.509
CL 07-6 1500E, 180 -55 28.9 29.9 1.0 0.964
480N 181.1 185.0 3.9 0.180
461.8 471.3 9.5 0.216
1,125.0 1,130.9 5.9 0.265
1,279.2 1,282.2 3.0 0.201
CL 07-7 1500E, 180 -55 No significant mineralization
CL 07-8 2225E, 180 -55 1,806.3 1,810.6 4.3 0.723
1020N 1,880.4 1,886.0 5.6 0.513
2,542.3 2,543.3 1.0 0.392
CL 07-9 1500E, 180 -55 481.5 482.5 1.0 1.690

Note: Imperial Units as opposed to their metric equivalent are presented
since results from the historical data base for the Cline Lake gold
property are all reported in Imperial Units.

Mr. Dale Hendrick P.Eng. recommends that the Company, carry out additional diamond drilling to depth to in-fill the above 1,000 foot drill section intervals, digitize and combine into the data base earlier historical drilling results by Noranda Exploration Company, Limited and Win-Eldrich Mines Ltd. and complete a NI 43-101 report on the property. The Company intends to follow the recommendation.

The technical information contained in this News Release has been prepared and approved by Dale Hendrick P.Eng. a Qualified Person for the purposes of National Instrument 43-101.

Strike Edwards Joint Venture

As previously announced, in December 2006, Cline commenced a diamond drill program on the adjoining Strike Minerals Edwards gold property, which is contiguous to and to the west of the Cline Lake gold property. Pursuant to a joint venture agreement, Cline earns up to a 12.5% joint venture interest in the Strike Minerals Edwards gold property by expending up to $350,000 on exploration on or before June 30, 2007. Cline has now completed the planned drilling and has spent over $350,000 thereby earning its 12.5% interest. Cline also owns 2 million shares of Strike Minerals Inc.

Holes CL 07-6, CL 07-7, CL 07-9 and CL 07-10 of the Cline drill program pass through both the Cline and Strike properties. The results of the Strike Edwards drill holes will be separately reported.

Cline Mining Corporation is a mine development company focused on the exploration and development of uranium and iron-ore in Madagascar, gold in Canada and metallurgical coal in Canada for the international seaborne coal trade market. The Company website can be located at


Ken Bates, President and Chief Executive Officer

Contact Information

  • Cline Mining Corporation
    Ken Bates
    Mobile: (647) 294-0102
    Cline Mining Corporation
    Allan Taylor
    (705) 560-8100
    (705) 560-8521 (FAX)
    Cline Mining Corporation
    Head Office
    2008 Lasalle Boulevard
    Suite 4
    Sudbury, Ontario, P3A 2A5
    Cline Mining Corporation
    Vancouver Office
    650 West Georgia Street
    Suite 2950, P.O. Box 11578
    Vancouver, B.C., V6B 4N8