Fundy Minerals
LSE : FUND

August 07, 2009 02:00 ET

New Gold Assays at Sand Brook Gold Project

FOR IMMEDIATE RELEASE                                     07 AUGUST 2009

FUNDY MINERALS LTD
(PLUS MARKET: FUND)

New Gold Assays at Sand Brook Gold Project


The  Board of Fundy Minerals Ltd ("Fundy" or "the Company"), the Canadian and West African exploration company,
is pleased to report the results of assays from random samples collected at the Sand Brook gold project.

Fire  assays yielded gold results from trace to a high of  49.9 grams (1.5 ounces per tone value). The  samples
had  gold  values  of 12.85 g/t, 18.9 g/t, 31.9 g/t, 33.9 g/t and 49.9 grams/tonne. Anomalously  high  Antimony
values  were also reported ranging from 1905 ppm to 7110 ppm in Sample S12, which also had 31.9 grams  of  gold
reported. The samples were quartz based with significant mineralized sulfides, and metasediment rocks along the
quartz veined stockworks. The metasediment samples reported trace gold values to 3.28 grams Au.

As recently announced the Company completed a geophysical survey totaling 51.125 line kilometers of mag and vlf
work  that yielded eight new target zones, including two new areas known as the western and central zones, that
had not been previously explored.  Samples were randomly taken in small trenches in these zones and assayed  at
ALS Chemex labs in Sudbury, Ontario, Canada.

The   Sand   Brook   Gold   claim  group covers 43 claims (circa 1,720 acres) at  Sand  Brook   Mountain,   New
Brunswick. Sand Brook is believed to be part of regional east to  north east trending shear zone where gold  is
hosted in hydrothermic altered quartz stock works and adjoining metasediments and gabbroic intrusions. FreeWest
Resources  Canada Inc. hold claims adjoining the Sand Brook west zone (western claim boundary). Sand Brook  has
been geologically compared to Free West's Clarence Stream gold deposit, which has an Indicated Mineral Resource
of  815,000  tonnes grading 8.99 g/t, and inferred Mineral Resource of 660,000 tonnes grading 7.35 g/t,  for  a
total  reported 391,000 ounces of gold. Additionally Clarence Stream reports an Indicated Mineral  Resource  of
7.3 million pounds of Antimony.

Company  Chief  Geologist  cited, "The assay results are of  higher gold values  than  expected  and  extremely
encouraging as they represent sampling along trenches at the central and western zones that were only  recently
surveyed  with  a  magnetometer and vlf and having produced anomalous mag values. These are  the  highest  gold
assays  in  the  history  of  Sand Brook. It is important to note that these  high values  are  associated  with
Antimony. Much more work is warranted at Sand Brook as it represents an excellent gold prospect."

Scientific or technical information relating to Fundy's activity is based on direct supervision of, or has been
reviewed by, Paul Lemmon, PGeo., Chief Geologist of the Company.

The Directors of the Issuer accept responsibility for this announcement.

                            --ENDS--

For further information please contact:
Fundy Minerals Ltd                       Tel. +1 416 238 0361 or +44 (0)207 669 4479
Jeff Michel, Chairman & CEO              info@fundyminerals.com

Daniel Stewart & Company Plc              Tel. 020 7776 6550
Stewart Dick


Fundy Minerals





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