Escape Group Inc.

Escape Group Inc.

May 07, 2007 09:30 ET

Escape Appoints Vice President of Exploration

TORONTO, ONTARIO--(CCNMatthews - May 7, 2007) - Escape Group Inc. ("Escape" or the "Company") (TSX VENTURE:EGT) President, T. John Magee, is pleased to announce that Mr. Christopher Pratt has joined the Company in the executive position, Vice President of Exploration.

Mr. Pratt brings over twenty eight years of precious metals exploration experience and will be a valuable asset to the continued exploration of the Red Rock, gold and silver project in Nevada.

Mr. Pratt graduated from the University of Nebraska with a Bachelor of Science in Geology and has extensive experience evaluating high grade epithermal gold vein deposits throughout Nevada. He was first introduced to the Red Rock project in 1997 during his time with Romarco Minerals and he is specifically excited about the geological similarities with the Ken Snyder mine at Midas, Nevada where he spent several years as the Mine Geologist for Franco Nevada Mining Corp. and then with Normandy Mining Ltd. Mr. Pratt will be responsible for the design and implementation of the drilling program, resource and reserve evaluations, computer modeling and the evaluation of other precious metals projects for potential acquisition or joint venture.

The Red Rock project is a low sulphidation, epithermal system. This extensive property has now been consolidated under the Escape agreements and the historical back-in-right in favour of Phelps Dodge, has been eliminated. Low sulphidation quartz-adularia veins with free gold, electrum and pyrargyrite are the precious metals targets in the area.

The Red Rock project has all of the classic earmarks of a low sulphidation epithermal system beginning with the Discovery Hole drilled by Phelps Dodge, RPR-89-14 which intercepted 175 feet grading 0.331 oz/t Au. Within this extensive land package several subsequent high grades intercepts have been previously reported including RMR-4 which intercepted 115 feet grading
1.61 oz/t Au and 8.04 oz/t Ag, RPC-90-907 which intercepted 25 feet grading 1.98 oz/t Au and 5.07 oz/t Ag and RPR-19 which intercepted 15 feet grading 0.92 oz/t Au and 12.69 oz/t Ag.

Escape recently raised $5 million and is well funded to carry out the recommendations contained in The Geological Report and Summary of Field Examination, Red Rock Project, NI 43-101 report prepared for Escape Group Inc. by Larry Kornze, P. Eng.

Initial work at Red Rock will include the re-logging of the drill core within the Discovery Zone and re-interpretation of the historical geophysical data. In addition the Company has engaged Quantec Geoscience to conduct a Titan 24 geophysical survey. This survey is designed to test the potential for additional targets adjacent to and at depth beneath the Discovery Zone and to test the potential for extensions of the bonanza zone beneath the occurrence of a proximal rhyolite dome into the more receptive Tertiary volcanics. The Titan 24 system measures to depths of 750 metres and will provide sub surface pre-drilling information.

Once these activities are completed the Company will focus on diamond drilling at Red Rock.

T. John Magee, P.Geo., is the qualified person pursuant to National Instrument 43-101 and supervised the technical information presented in this news release.

Certain statements presented herein may constitute "forward-looking statements". Such forward-looking statements may include potential mineralization, resources and reserves, conclusions of prefeasibility and feasibility studies, estimates of future production, capital and operating costs, prices of metals and other unknown risks. These and other factors and uncertainties may cause material differences from future results as expressed or implied by these forward-looking statements. These risks, uncertainties and other factors include but are not limited to the risks involved in the exploration, development and mining business.

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

Contact Information

  • Escape Group Inc.
    T. John Magee, P.Geo.
    President and CEO
    (647) 436-0093
    (416) 368-7141 (FAX)