Logan Resources Ltd.
TSX VENTURE : LGR

Logan Resources Ltd.

September 07, 2005 12:09 ET

Logan Resources Identifies Two Large Anomalies on Shell Creek Property

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Sept. 7, 2005) - Logan Resources Ltd. (TSX VENTURE:LGR) is pleased to report that a preliminary review of the Induced Polarization/Resistivity (IP/Res) geophysical surveys completed on the 100% owned Shell Creek Property have detected a well-defined, near surface anomaly that was mapped over a distance of 300 metres and a deeper 100 to 150-metre long anomaly to the immediate west. Anomalous copper assays of up to 230 ppm and 80 ppb gold are coincident with the near surface IP/Res anomaly. Both anomalies lie on the north side of an oblong 2.5 (E-W) x 1.5 (N-S) kilometre gravity high with amplitude of greater than one milligal.

These encouraging results define a significantly anomalous area that warrants on extensive drill program.

The 2005 fieldwork program for the Shell Creek property began in the first week of June and the geophysical surveys were conducted by Aurora Geosciences Ltd. Three widely spaced reconnaissance lines of modified pole-dipole induced polarization/apparent resistivity (IP/Res) were surveyed totalling 16.7 kilometres with dipole separations of 25, 50 and 100 metres. 55 gravity readings at spacing of approximately 1 square kilometre were collected over the Shell Creek property.

Silt geochemistry surveys on its Shell Creek Property located 75 kilometres (approx. 47 miles) northwest of Dawson City, in west-central Yukon were completed by Ryanwood Exploration under the supervision of the Company's geologist, Mark Terry. The samples were sent to Acme Labs in Vancouver for assays and the results will be released in a timely basis.

The Qualified Person for the geophysical portion of the project is Ken Robertson P.Geo.

The Shell Creek Property is now comprised of 588 claim units, covering an area of approximately 123 square kilometres. The claims encompass an 18-kilometre belt of banded iron formation with a direct relationship to the widespread gold-copper mineralization.

Logan Resources Ltd. is a mining exploration company engaged in the acquisition, exploration and development of mineral properties. The Company currently owns five precious and base metal properties in British Columbia, Yukon Territories and a uranium property in Saskatchewan. For more information on the properties and Logan Resources Ltd. please visit www.loganresources.ca and SEDAR and EDGAR websites.

ON BEHALF OF THE BOARD OF DIRECTORS,

Seamus Young, President, CEO

Statements contained in this news release that are not historical facts are forward-looking statements, which are subject to a number of known and unknown risks, uncertainness and other factors that may cause the actual results to differ materially from those anticipated in our forward looking statements. Although we believe that the expectations in our forward looking statements are reasonable, actual results may vary, and we cannot guarantee future results, levels of activity, performance or achievements.


The TSX Venture Exchange has neither approved nor disapproved the information contained herein.

Contact Information