Committee Bay Resources Ltd.
TSX VENTURE : CBR

Committee Bay Resources Ltd.

November 15, 2005 13:16 ET

Committee Bay Resources Ltd.: Advances at the Anuri-Muskox Prospects

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Nov. 15, 2005) - Committee Bay Resources Ltd. (TSX VENTURE:CBR) is pleased to announce the advancement of the Anuri area at the Committee Bay project. During spring and summer 2005, 1,450 line-km of airborne magnetic and electromagnetic geophysical surveying, in conjunction with detailed geological mapping, prospecting and rock sampling has delineated four spatially separate gold occurrences along the contact between komatiites and mafic volcanic rocks. These occurrences include the Anuri, Anuri East, Anuri Lakes and Muskox.

Initial sampling at Anuri, produced high-grade gold and silver values of 291.2 g/t Au and 1,769.0 g/t Ag. These early samples were from within a north northwest trending boulder train of altered volcanic rocks. In 2005 a total of 423 rock samples were collected at Anuri from the boulder train and from sparse outcrop. These samples returned assay results up to a maximum of 20.68g/t Au and 33 were grater than 2 g/t Au and 14 were greater than 5 g/t Au.

Geological mapping in conjunction with airborne and ground geophysical surveying at Anuri indicates that the rocks are at or near one or more structural breaks. Due to poor ground conditions drilling was unable to reach and drill through the complete sequence of komatiite and altered volcanics. However, lower grade gold and silver with elevated copper-bismuth zinc-lead and cadmium mineralization was intersected in two holes. Additional drilling will be conducted in 2006 with a drill capable of drilling through thick overburden.

Anuri East

Seven samples of altered volcanic rocks were collected from the Anuri East area located approximately 1.5km east of the main Anuri area. Of these samples, two assayed in excess of 1g/t Au with a maximum of 4.65g/t Au.

Anuri Lakes

Eleven samples of quartz-veined intrusive rocks were collected from the Anuri Lakes area located approximately 2km east of the Anuri area. Of these samples, five assayed in excess of 1g/t Au, two assayed in excess of 2g/t Au and a maximum assay of 5.79g/t Au was achieved.

Muskox Area

The Muskox occurrence is 4.5-5km northeast of Anuri. Of the ten samples taken in altered volcanic rocks and iron formation six graded over 1 g/t Au with one samples up to 3.84g/t Au.

The Anuri-Muskox area comprises over 6,000 acres of prospective geology characterized by extensive zones of intense calc-silicate alteration, sulphidation and silicification. The pyrite-bearing mineralization appears structurally controlled within highly reactive rocks including widespread komatiites, komatiitic basalts and basalts. In addition the area lies immediately northeast of a large intrusive body (central tonalite) that predates the major deformation events in the area and has apparently acted as a buttress creating a 'pressure shadow' during deformation. It is likely that this 'pressure shadow' would have undergoing dilation or 'opening' during deformation and is thus a highly prospective area for the introduction of potential gold-bearing fluids. This combination of structural dilation, geology and alteration is analogous to famous gold producing districts such as Red Lake, Ontario.

To view a map of the Anuri-Muskox area please click on the following link: http://www.ccnmatthews.com/docs/1115CBR_map.pdf

Committee Bay Resources Ltd maintains an extensive quality control program in the preparation, shipping and checking of all samples from the property. The program is supervised by Dean McDonald, P.Geo. Ph.D., Vice President of the company, who is the Qualified Person as defined by NI 43-101.

Committee Bay Resources Ltd. holds greater than 1.6 million acres of prospective ground in the Committee Bay greenstone belt. These results are part of the $C9.0 million exploration program spent with joint venture partner Gold Fields Limited on the Committee Bay project in 2005.



On behalf of the Board
COMMITTEE BAY RESOURCES LTD
/s/ "John Williamson"
P.Geol., President



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

Contact Information

  • Committee Bay Resources Ltd.
    Bernie Kennedy
    Investor Relations Manager
    (888) 338-2200 or (604) 331-2269
    Website: www.committeebay.com