Logan Resources Ltd.
TSX VENTURE : LGR

Logan Resources Ltd.

December 20, 2011 08:30 ET

Logan Completes 2011 Work Program at Shell Creek

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Dec. 20, 2011) - Logan Resources Ltd. (TSX VENTURE:LGR) ("Logan") is pleased to announce the successful completion of its 2011 exploration program on the Shell Creek Property, located in the northern Dawson Ranges of the Yukon Territory of Canada. This year's program, which consisted of the collection of 4,447 soil, 99 rock and 43 silt samples, in addition to geological mapping and reconnaissance scale prospecting, was successful in identifying a number of copper, as well as lead-zinc anomalies, reinforcing the existing dataset for the property. All of the data collected to date are currently being reviewed in order to assess the next stage of exploration and, specifically, to determine if follow-up via diamond drilling is warranted.

Anomalous copper, as well as lead-zinc, values were identified in a number of soil samples collected adjacent to the copper in soil anomaly previously identified on the property. These prospective target areas display a rough parallelism to the underlying stratigraphy. Two base metal anomalies, identified via soil sampling, are each approximately 1,100 metres in length, range in width from 100 to 400 metres, and returned Pb values between 16 ppm to 164 ppm and Zn values ranging from 94 ppm to 635 ppm.

Results from the rock samples collected to investigate banded iron formation grades on the property ranged from 32% to 56% Fe2O3, with up to 3.5% MgO, 1% MnO, 1.75% P2O5, 0.5% TiO2 and negligible gold values.

A map presenting the property geology, as well as the soil geochemistry anomalies can be found on the Logan website at: http://www.loganresources.ca/images/Projects/ShellCreek/shellcreekgeologygeochemistrymap.pdf.

The Shell Creek Property is located roughly 75 kilometres (km) northwest of Dawson City. It lies along the edge of the Tintina fault and is situated on the largest gravity anomaly in the Yukon. The property is underlain by clastic, carbonate, a banded iron formation and volcaniclastic rocks and hosts multiple gold and copper soil anomalies, in some cases coincident. In several instances, these anomalies occur on four consecutive 250 metre spaced lines for a strike length of approximately 1 km. Previous work has focused on several potential styles of mineralization including saddle reef style gold mineralization, IOCG, red-bed copper and Algoma style banded iron formation.

Additional information on the Shell Creek Property can be found on the Logan website at: http://www.loganresources.ca/index.php/shell-creek.

The field component of this program was carried out by Equity Exploration Consultants Ltd. of Vancouver, BC, an independent contractor. All samples were analysed by Acme Laboratories Ltd., of Vancouver, BC, an independent contractor.

Adrian Bray, P.Geo., Director of Logan and a Qualified Person as defined by NI 43-101, has reviewed and is responsible for the technical information contained in this news release.

About Logan

Logan Resources Ltd. is a mineral exploration company that specializes in acquiring, exploring and advancing Canadian mineral properties. Logan has a diversified portfolio of precious metal, base metal and uranium projects. For more information on the property portfolio and Logan, please visit www.loganresources.ca.

About Equity Exploration Consultants Ltd.

Equity Exploration Consultants Ltd. is a private, Canadian company focused on providing high quality consulting and project management services to the mineral exploration industry. The company's core strength is its full-time staff of 14 expert geologists and support team members, in addition to a wide network of associates, who have worked to maximize exploration success for its clients since 1987.

LOGAN RESOURCES LTD.

On behalf of the Board

Seamus Young, President & CEO

Information set forth in this news release may involve forward-looking statements under applicable securities laws. Forward-looking statements are statements that relate to future, not past, events. In this context, forward-looking statements often address expected future business and financial performance, and often contain words such as "anticipate", "believe", "plan", "estimate", "expect", and "intend", statements that an action or event "may", "might", "could", "should", or "will" be taken or occur, or other similar expressions. All statements, other than statements of historical fact, included herein including, without limitation; statements about the exploration potential of the Shell Creek Property are forward-looking statements. By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include, among others, the following risks: the need for additional financing; operational risks associated with mineral exploration; fluctuations in commodity prices; title matters; environmental liability claims and insurance; reliance on key personnel; the potential for conflicts of interest among certain officers, directors or promoters with certain other projects; the absence of dividends; competition; dilution; the volatility of our common share price and volume and the additional risks identified in the management discussion and analysis section of our interim and most recent annual financial statement or other reports and filings with the TSX Venture Exchange and applicable Canadian securities regulations. Forward-looking statements are made based on management's beliefs, estimates and opinions on the date that statements are made and Logan undertakes no obligation to update forward-looking statements if these beliefs, estimates and opinions or other circumstances should change, except as required by applicable securities laws. Investors are cautioned against attributing undue certainty to forward-looking statements.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) has reviewed or accepts responsibility for the adequacy or accuracy of this release.

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