Garson Gold Corp.
TSX VENTURE : GG

Garson Gold Corp.

September 11, 2007 09:00 ET

Garson Gold Continues to Infill & Expand the No. 3 Zone at the New Britannia Mine Property

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 11, 2007) - GARSON GOLD CORP. (TSX VENTURE:GG) ("Garson Gold") is pleased to report that assays have been received from 4 holes drilled at the No. 3 Zone on the 100% owned New Britannia Mine property ("NBM") located at Snow Lake, Manitoba. Significant intersections include:

Table 1. Summary of Significant Intersections, NBM No. 3 Zone. A long section of the No. 3 Zone can be viewed here: http://www.garsongold.ca/i/misc/3ZonelongsecPRSept6_Draft1Model.pdf



------------------------------------------------------------------------
From To Length Length Gold Gold
Hole ID (feet) (feet) (feet) (metres) (ounces/ton) (grams/tonne)
------------------------------------------------------------------------
ZN030712 1124.9 1128 3.1 0.95 0.32 11.12
------------------------------------------------------------------------
1256.5 1259.3 2.8 0.85 0.18 6.21
------------------------------------------------------------------------
1277.6 1279.2 1.6 0.49 0.16 5.35
------------------------------------------------------------------------
ZN030713 1136.1 1142.7 6.6 2.01 0.34 11.50
------------------------------------------------------------------------
1244.4 1253.6 9.2 2.80 0.32 10.80
------------------------------------------------------------------------
ZN030716 no significant assays
------------------------------------------------------------------------
ZN030717 1339 1364.8 25.8 7.86 0.08 2.87
------------------------------------------------------------------------
includes 1357 1364.8 7.8 2.38 0.16 5.65
------------------------------------------------------------------------
True zone widths are unknown but are estimated to be greater than 95% of
the intersection lengths
Tonne equals metric tonnes (2,204 lbs).
Ton equals short ton (2,000 lbs).
Ounces equals troy ounces.
Conversion of grams/tonne to ounces/ton equals g/t x 0.02917


The NBM No. 3 Zone is located approximately 1.5 kilometres north of the NBM Main Mine and hosts an inferred resource (News Release December 18, 2006) of approximately 50,000 ounces Au (0.22 million tonnes at 7.10 grams per tonne). Previous drill results by Garson Gold at the NBM No. 3 Zone (News Releases dated April 18, 2007 and July 12, 2007) have demonstrated that significant potential exists to expand the NBM No. 3 resource. The current phase of drilling is aimed at both expanding the extent of known mineralization down plunge of currently known mineralization, and infill drilling to support estimation of indicated resources. The Company has drilled in excess of 10,000 metres to date this year, and anticipates an additional 10,000 metres to be completed prior end of the year.

EXPLORATION UPDATE

Garson Gold continues to expand its exploration program on the NBM property which includes evaluation of the Main Mine resource, evaluation and exploration of satellite deposits including the No. 3 and Birch zones, and earlier stage targeting and exploration elsewhere on the property. The Company has recently completed a property wide airborne magnetic survey. The collection phase of a soil geochemistry program over selected parts of the property has also recently been completed. A 2nd drill rig has been mobilized to the property and will start drilling this week. A third drill is being added to the program later this month.

Jamie Lavigne, M.Sc., P.Geo and Vice President Exploration for Garson Gold, is the Qualified Person under NI 43-101 responsible for the verification and quality assurance of the NBM exploration data and analytical results. Gold concentrations are determined on half core at TSL Laboratories in Saskatoon, Saskatchewan using conventional sample preparation and assay techniques. For details of sampling and analytical procedures used on the NBM project, see April 18, 2007 news release which can be viewed at www.garsongold.ca.

Garson Gold President, David Tafel, commented, "We are very pleased with the continuing positive results from our current drill program and anticipate a significant increase in the information flow as the 2nd and 3rd rigs ramp up exploration."

ABOUT THE NEW BRITANNIA MINE

The New Britannia Mine Project (NBM) covers approximately 3,900 hectares and hosts the historic New Britannia Gold Mine which operated from 1949 to 1958 and again from 1995 to 2004 producing approximately 1.43 million ounces of recovered gold. The current resource estimate at the NBM property, audited by Micon International Ltd. to NI 43-101 standards, includes a total of 364,000 ounces Au (2.21 million tonnes at 5.11 grams Au per tonne) in the measured and indicated categories and a further 176,000 ounces Au (1.10 million tonnes at 5.01 grams per tonnes) in the inferred category. The NBM mineral resource estimates were completed using a gold price of US$400 per ounce and are reported in a NI 43-101 technical report filed December 8, 2006. The Squall Lake property, contiguous with the NBM property and 100% owned by Garson Gold, hosts an inferred resource of 75,000 ounces Au (100,000 tonnes at 4.85 grams Au per tonne in the upper zone, and 337,000 tonnes at 5.4 grams Au per tonne in the lower zone). A NI 43-101 technical report on the Squall Lake property was completed by D. Beilhartz, P.Geo, April 2006. Reports are available for viewing on Sedar (www.sedar.com) and www.garsongold.ca.

This news release contains certain forward-looking statements. These forward-looking statements are subject to a variety of risks and uncertainties beyond the Company's ability to control or predict, which could cause actual events or results to differ materially from those anticipated in such forward-looking statements. In this news release, statements about exploration budgets and future expenditure are examples of forward-looking statements. There is no guarantee that any discovery of commercial mineralization will be made on the New Britannia property. Accordingly, readers should not place undue reliance on forward-looking statements. The statements made in this new release may contain forward-looking statements that may involve a number of risks and uncertainties. Actual events or results could differ materially from the Company's expectations and projections.

The TSX Venture Exchange has neither approved nor disapproved the contents of this press release.

Contact Information

  • Garson Gold Corp.
    David G. Tafel
    President and Director
    (604) 484-2161 or Toll Free: 1-877-784-2161
    Email: info@garsongold.ca
    or
    Garson Gold Corp. - Investor Relations Contact
    Michelle Hohn
    VP Corporate Communications
    (604) 484-2161 X 106
    (604) 683-8544 (FAX)
    Email: mhohn@garsongold.ca
    Website: www.garsongold.ca
    or
    First Canadian Capital Corp.
    Investor Relations Contact
    (416) 742-5600 or Toll Free: 1-866-580-8891
    Email: request@firstcanadiancapital.com