Committee Bay Resources Ltd.
TSX VENTURE : CBR
FRANKFURT : C3M

Committee Bay Resources Ltd.

September 10, 2008 13:09 ET

Committee Bay Resources Ltd.: Commencement of Jaurdi Hills Drill Program, Western Australia

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 10, 2008) - Committee Bay Resources Ltd. (TSX VENTURE:CBR)(FRANKFURT:C3M) ("Committee Bay") is pleased to announce the commencement of an exploration drill program at its wholly owned Jaurdi Hills Gold Project in Western Australia. The Jaurdi Hills tenements cover approximately 8,100 hectares, located 40 km northwest of the town of Coolgardie, within the Kunanaling District of the Coolgardie Mineral Field.

The exploration drill program, comprising 2,000 metres of reverse circulation drilling in 16 holes will test three new gold target areas. Recent geological mapping, soil and rock sampling combined with ground geophysics and airborne GEOTEM DEEP Magnetic-Time Domain Electromagnetic (TEM) surveys have identified several 1.5 km to 3.6 km long trends of coincident gold in rock and soil, and geophysical anomalies, generally along strike from pre-existing mining centers.

The targeted trends include;

- Derrys Own Zone: over 1.5 km long trend of coincident TEM, gold in soil and rock anomalies as well as a bulls-eye TEM anomaly with anomalous gold in soil halo.

- Wealth of Nations: 2 km long trend of gold in soil, and rock with coincident magnetic anomaly along trend of the past producing Wealth of Nations mine (20,000 ounces of gold from historical underground workings).

- Jaurdi Hill Trend: 3.6 km long trend of elevated gold in soil adjacent to the eastern edge of a high magnetic basalt unit along trend from the past producing Jaurdi Mining Centre and Black Cat pits.

About Committee Bay Resources Ltd.

Committee Bay Resources Ltd. is a well-funded Canadian based exploration company. The company has a diverse portfolio of exploration projects in Canada, Australia and South America, including the Committee Bay Greenstone Belt Project in Nunavut, Canada which hosts the high grade Three Bluffs gold deposit. On May 22, 2008 the company announced a proposed merger with Niblack Mining Corp. Committee Bay conducts year round exploration and development to advance its projects and will continue to monitor the market for undervalued acquisition opportunities. Committee Bay is a member of the Discovery Group of companies, for more information on the group visit www.discoveryexp.com.

Committee Bay Resources Ltd. maintains an extensive quality control program in the preparation, shipping and checking of all samples from its projects. The program is supervised by Peter Kleespies, M.Sc., P.Geol. who is the Qualified Person as defined by NI 43-101. A detailed description of Committee Bay's QA/QC program is provided on the Company's website at www.committeebay.com.

On behalf of the Board

Committee Bay Resources Ltd.

John Williamson, P.Geol., President, CEO & Director

Certain disclosures in this release, including management's assessment of Committee Bay's plans and projects, constitute forward-looking statements that are subject to numerous risks, uncertainties and other factors relating to Committee Bay's operation as a mineral exploration company that may cause future results to differ materially from those expressed or implied in such forward-looking statements. Readers are cautioned not to place undue reliance on forward-looking statements. Committee Bay expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise.

To view the map accompanying the release please click on the following link: http://media3.marketwire.com/docs/cbr_map.pdf.

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.
    Derek Iwanaka
    Manager, Investor Relations
    (604) 646-4527 or Toll Free: 1-888-331-2269
    (604) 646-4526 (FAX)
    Website www.committeebay.com