Mosquito Consolidated Gold Mines Limited
TSX VENTURE : MSQ

Mosquito Consolidated Gold Mines Limited

August 28, 2007 11:01 ET

Mosquito Starts Drilling at Cumo Property, Idaho

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 28, 2007) - Mr. Shaun M. Dykes, M.Sc. (Eng), P.Geo., Exploration Manager and Director of Mosquito (TSX VENTURE:MSQ) and Mosquito's qualified person under National Instrument 43-101 has updated the board on the current status of Mosquito's Cumo property.

With the recent acquisition of Kirkness Diamond Drilling Inc. of Carson City, Nevada, Mosquito now has more than sufficient drills to complete its exploration programs. Mosquito's and Kirkness drills have been combined and are now being scheduled for various projects and contracts.

At Cumo, drilling started on hole 29 on August 5 and was drilled to 470 feet before being lost. The hole was moved over 5 feet and restarted as 29A and is currently at 1350 feet. The hole is being drilled to a depth of approximately 2000 feet between previously drilled holes DDH10 (1940 feet grading 0.101% MoS2) and DDH15 (1333.2 feet grading 0.114% MoS2).

A second rig and crew has arrived and has begun drilling on hole 30, which is being drilled to a depth of 2300 feet between previously drilled holes DDH19 (2280 feet grading 0.102% MoS2) and DDH13 (1804 feet grading 0.111% MoS2). The initial plan is to drill infill holes to be used to complete a 43-101 compliant resource calculation later this year. Additional holes will be scheduled to expand the existing mineralized zone to the south as only 10% of the mineralized target zone has been drilled to date.

A five year Plan of Operations covering 122 drill hole sites and approximately 12.5 miles of road building has been filed and accepted by the United States Forest Service. An Environmental Assessment (EA) for the plan is currently underway and is at the Public comment stage, whereby the general public had until August 15, 2007 to submit comments regarding the Plan to the United States Forest Service. Once public comment period is complete and all studies are done, a full report will be submitted for public comment and final approval. The target date for the start of work under this new permit would be spring 2008. Current drilling (up to 16 holes) is covered by an existing permit.

Drilling is also scheduled to restart on the Pine Tree project following the hot summer period with a second rig to follow as soon as possible. There are currently 26 holes with the upper 500 feet already completed by the air rotary rig. Diamond drilling will be substantially faster as a result of the pre-drilling. Hole PT07-12, a 560 feet northerly step out from hole PT07-11 (intersected 1259 feet grading 1.01% copper equivalent, see news release dated July 10, 2007), will be the first hole drilled. Pre-drilling has completed the top 520 feet of the hole, down to just above the mineralized zone.

Mr. Shaun M. Dykes, M.Sc. (Eng), P.Geo., Exploration Manager and Director of Mosquito is the designated qualified person for the Cumo Project, and prepared the technical information contained in this news release.

On Behalf of the Board

MOSQUITO CONSOLIDATED GOLD MINES LTD.

Brian McClay, President

This news release was prepared by management who takes full responsibility for its contents.

The TSX-Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

Contact Information

  • Mosquito Consolidated Gold Mines Limited
    Brian McClay
    President
    (604) 689-7902
    (604) 689-7816 (FAX)
    Website: www.mosquitogold.com