Linear Gold Corp.
TSX : LRR

Linear Gold Corp.

March 23, 2006 09:44 ET

Linear Gold Extends Campamento Higher Grade Gold Zone to the Northeast, Ixhuatan Project, Mexico

HALIFAX, NOVA SCOTIA--(CCNMatthews - March 23, 2006) - Linear Gold Corp. (TSX:LRR) is pleased to report additional drill results from the Campamento Deposit on the company's 100% owned Ixhuatan Project, located in the state of Chiapas, Mexico.

Results from additional drilling at the Campamento Deposit have extended the higher-grade gold-silver mineralized zone (associated with the lower part of IX-89 - Feb 20, 2006 press release) an additional 50 metres to the northeast from the previous drill pattern. New results are from Holes IX-91 and IX-93 which include:

- 12.0 grams per tonne gold and 46.9 grams per tonne silver over 4.0 metres in Hole IX-91

- 3.1 grams per tonne gold and 14.3 grams per tonne silver over 18 metres in Hole IX-93

Mineralization has also been extended at depth below the deposit. Hole IX-90b has penetrated a thick zone of lower grade mineralization below the southern portion of the deposit, the highlights of which include:

- 0.9 grams per tonne gold and 4.6 grams per tonne silver over 300 metres including 1.5 grams per tonne gold and 5.5 grams per tonne silver over 56 metres.

Campamento Deposit

Additional drilling at the Campamento Deposit has extended higher grade mineralization to the northeast and extended lower grade mineralization at depth. Results from Holes IX-90b-IX-93 are summarized as follows:



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Drill From To Interval(i) Grams per Grams per
Hole (Metres) tonne Gold tonne Silver
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IX-90b 158 458 300 0.9 4.6
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Including 218 314 96 1.0 5.6
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Including 232 260 28 1.9 12.8
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Including 402 458 56 1.5 5.5
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Including 382 458 76 1.2 4.3
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IX-91 26 54 28 3.5 11.4
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Including 48 52 4 12.0 46.9
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IX-92 16 24 8 1.0 1.9
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IX-92 110 116 6 1.0 3.6
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IX-93 6 8 2 1.3 1.9
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IX-93 102 120 18 3.1 14.3
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(i)Note: The true widths of the intersections have not yet been
determined; widths in table are based on core lengths


Hole IX-90b was drilled to test the deep potential of the area beneath the central portion of the deposit. This hole was collared from the same location as Hole IX-82 and drilled at an azimuth of 100 degrees and an inclination of -80 degrees. The hole intersected the host volcaniclastic and porphyry phases to 457 metres at which point it intersected thick interlayered limestone units, reaching a maximum depth of 606 metres. The hole showed consistent gold grades over much of its length, including a wide zone that assayed 0.9 grams per tonne gold and 4.6 grams per tonne silver over 300 metres (from 158 to 458 metres depth). Within this wide intersection, two slightly higher grade zones were intersected: Directly beneath the core of the deposit an upper zone (from 232-260 metres depth) assayed 1.9 grams per tonne gold and 12.8 grams per tonne Ag over 28 metres. A second zone assayed 1.5 grams of gold and 5.5 grams per tonne silver over 56 metres (from 402-458 metres depth). This latter mineralized zone is situated just above the key limestone unit that is also below mineralized zones in holes IX56B and IX-70B.

Holes IX-91, 92 and 93 were drilled to test the NE extension of the flat lying, higher-grade mineralized zone encountered in previous holes IX-32, 40, 42, 44 and 89 (see press release Feb 20, 2006) on the northeast end of the deposit.

Hole IX-91 was collared from the same location as Hole IX-89 at an azimuth of 150 degrees and an inclination of -75 degrees. The hole intersected the same upper zone of mineralization as drilled by Hole IX-89 and indicated an increase in grade to 12.0 grams per tonne gold and 46.9 grams per tonne silver over 4.0 metres. The hole was completed to a depth of 95.4 metres. The steep angle of the hole did not allow it to reach the higher grade interval intersected in the lower portion of Hole IX-89.

Hole IX-92 was collared 35 metres to the northeast of Hole IX-91 at an azimuth of 150 degrees and an inclination of -45 degrees to offset the two zones of mineralization cut by IX-89. The hole encountered lower grade zones of gold mineralization, and the lower zone appears to correlate with the deeper interval cut by IX-89.

Hole IX-93 was collared from the same location as hole IX-92 at an azimuth of 120 degrees and an inclination of -45 degrees. The hole intersected a zone of calcite veining associated with volcaniclastics and adjacent feldspar porphyry/crystal tuff, similar to mineralization deeper down in Hole IX-89. Hole IX-93 intersected 3.1 grams per tonne gold and 14.3 grams per tonne silver over 18 metres (from 102-120 metres depth). Early indications are that this zone may correlate with zones cut by Holes IX-70b, IX-89, and IX-92, and that the zone may have a sub-vertical orientation striking to the northeast. This zone of mineralization extends high-grade gold mineralization an additional 50 metres to the northeast from IX-70B.

Additional drilling is underway to test along strike to the northeast and southeast as well as additional deep holes beneath the deposit. Phil Pyle, Linear's vice president of exploration states "We are encouraged to see that additional economic mineralization extends to the northeast of the deposit. We are also encouraged by thick zones of mineralization identified below the deposit since many of the early holes were drilled only to shallow depths. The deposit continues to grow as more drilling is completed."

This press release has been prepared under the supervision of Mr. Bill Bond P.Geo., who serves as the qualified person for this project under National Instrument 43-101. A map of the project showing the location of all drill holes is available at the company's website www.lineargoldcorp.com.

All samples were submitted to ALS-Chemex Labs in Guadalajara, Mexico with gold analyzed by 50g charge digestion Fire Assay - AA finish. Other metals were analyzed by aqua regia digestion with ICP finish.

Linear Gold Corp. is actively exploring for gold and base metals in Mexico, and through joint ventures in Canada and the Dominican Republic.

Wade K. Dawe, President

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

Contact Information

  • Linear Gold Corp.
    Terry Christopher
    Manager of Investor Relations
    (902) 422-1421
    www.lineargoldcorp.com
    or
    Fuller Fletcher & Associates Ltd
    Nick Fuller or Samantha Fletcher
    European Investor Relations
    +44 207 256 5204
    +44 207 256 5678 (FAX)