Golden Harker Explorations Limited
OTC Bulletin Board : GNHE

December 14, 2007 10:00 ET

Golden Harker Commences Winter Drill Program at Harker Township Project

TORONTO, ONTARIO--(Marketwire - Dec. 14, 2007) - Golden Harker Explorations Limited (OTCBB:GNHE) is pleased to provide the following update of activities at the Company's 100% owned Harker Township gold property in N.E. Ontario. In early 2007, 3,037 metres of core drilling was completed on the property in 18 holes. Drilling was guided by detailed ground geophysics, focused along the projected east and west extensions of the main gold mineralized horizon on the property, the Harker Gold Zone or HGZ. The recent 2006-2007 drilling suggests the HGZ, with a previous drill confirmed strike length of 1,400 metres, actually extends for over 3 kilometres across the property to connect in the east with the historic Meridian Gold Zone.

Hole GH-06-2 of the 2006-2007 drill program targeted the historic Meridian Zone (MZ) located 1,875 metres west of the Harker #1 shaft, located near the centre of the property. The MZ was intersected at a vertical depth of 155 metres, where it returned a 2.9 metre core section assaying 2.06 grams gold per Tonne.

Hole GH-06-04 tested an IP anomaly located 100 metres north and parallel to the Meridian Zone. The target horizon was intersected at a vertical depth of 30 metres and returned a 3.1 metre core section assaying 2.82 grams gold per Tonne.

Hole GH-07-12 of the recent drill program, was located 675 metres east of the Harker #1 shaft, targeting the projected east extension of the HGZ. At a depth of 17 metres the hole intersected a 5.9 metre core section assaying 3.455 grams gold per Tonne.

In May 2007, the Company commissioned P and E Mining Consultants Inc. of Brampton Ontario to review and evaluate the exploration merits of the property and to prepare an independent technical report for the company. Their review included a field examination and check sampling and assaying of select sections of drill core from the 2006-07 program. P & E submitted their 43-101 compliant Technical Report in September. Their report confirms the property to be one of merit, and proposes early follow-up exploration involving ground geophysics, soil-geochemical sampling, and diamond drilling.

In November, the Company arranged for an initial 2,000 metres of core drilling scheduled to start on or before early January on previously confirmed targets of immediate interest. Drilling will target the projected east extension of the HGZ extending from the area of drill hole GH-07-12, eastward for 1,300 metres towards the Meridian Gold Zone.

The Company intends to digitize data from past work in the central section of the property, where detail surface drilling and underground development was previously focused. The digital data can then be used to construct a 3-dimensional computer model of the historic Golden Harker deposit, which is expected to be of benefit while planning future exploration in this core area.

Golden Harker Explorations Limited is a Canadian exploration company. The 1440-acre Harker Township property, located 50 kilometres east of Matheson in northeastern Ontario, is the company's flagship property. An historical reserve estimate, prepared in 1988, following the last major surface and underground work program on the property, returned a calculated resource of 241,436 tons grading 0.178 oz/ton gold over a mining width of 8.1 feet. This resource estimate is considered historical in nature and not compliant with 43-101 requirements.

The technical content of this press release has been prepared and approved for disclosure by William Troup, P.Geol who serves as Qualified Person for the purposes of National Instrument 43-101 (Standards of Disclosure for Mineral Projects).

This press release contains certain forward-looking statements. While these forward-looking statements represent our best current judgment, they may be subject to a variety of risks and uncertainties that are beyond the company's ability to control or predict. Accordingly, readers should not place undue reliance on forward-looking statements.

On behalf of

Golden Harker Explorations Limited

CUSIP no. 381064 20 3

Stock Symbol GNHE trades OTC

Jeffrey J. Becker, President

Contact Information

  • Golden Harker Explorations Limited
    Jeffrey J. Becker
    (416) 364-0042
    (416) 364-2630 (FAX)