Astral Mining Corporation

Astral Mining Corporation

October 16, 2006 09:49 ET

Parallel Zone on Astral's JJ Main Assays 10.55 g/t Gold Over 2 Metres

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Oct. 16, 2006) - Astral Mining Corporation (TSX VENTURE:AST)(Frankfurt WKN# A0JDX3) and Kootenay Gold Inc. (TSX VENTURE:KTN) are pleased to announce that additional channel sample results from the trenching program on the JJ Main Zone at Company's Jumping Josephine "JJ" project in southern British Columbia (Figure 1) have defined a second zone of high-grade gold mineralization in Trench 03.

This parallel quartz-stockwork zone averaged 3.18 grams per tonne (g/t) gold over 8 metres, including 2 metres of 10.55 g/t gold. Astral's Phase I trenching program has identified significant gold mineralization in the JJ Main Zone that extends over 150m in strike length and is open to the north and south. The second quartz-stockwork zone is located 18m southeast of the zone reported on in the October 2, 2006 News Release which assayed 5.00 g/t gold over 10m and included an interval assaying 28.70 g/t gold over 1m. The eastern zone may represent either a separate parallel zone of auriferous quartz-stockwork mineralization or a repeat of the western zone along a northerly-trending fault (see Figure 2).

An expanded trenching program on the JJ Main Project has commenced today. The exploration program will employ a backhoe to excavate the gold-bearing quartz stockwork zone, followed up by rock saw channel sampling on 10 metre intervals to provide better definition of the high-grade gold mineralization. Additionally a number of step-out trenches will be excavated to expose the JJ Main structure along strike to the north and south.

JJ Main represents but one of several significant new gold showings on the JJ property. Trenching Highlights from JJ Main Zone to date include:

- 3.99 grams per tonne gold over 3 m in trench 1 (0.12 ounce per ton (opt) over 9.8 feet)(i)

- 21.43 g/t gold over 5 m in trench 2 (0.63 opt over 16.4 feet)(i)

- 5 g/t gold over 10 m in trench 3 (0.15 opt over 32.8 feet)(i)

- 3.18 g/t gold over 8 m in trench 3 (0.09 opt over 26.2 feet) including 2 m of 10.55 g/t gold

(i) Previously announced on October 2, 2006

The JJ property is located in the West Kootenay region of southeastern British Columbia in a mining district that has had historical production in excess of nine million ounces of high-grade gold, yet has remained under-explored since before the Second World War. New gold showings were discovered in several areas of the JJ property during 2003 by Kootenay Gold Inc. through intensive prospecting and after road building for logging activity exposed new mineralized structures. It subsequently assembled a claim position in the area surrounding and including several small past producers in the Granville Mountain (Bonanza Pass) area. Astral is earning a 60-per-cent undivided interest from Kootenay Gold in the 11,785-hectare project.

Technical Summary

Mineralization at JJ Main is associated with a northeast-trending shear zone and comprises quartz stockworks, vein-breccias, ladder-veining and parallel sheeted veins within mid Jurassic granodiorites. Subcropping quartz-stockwork material was previously grab sampled by Kootenay Gold (maximum assay value of 19 g/t gold). Arsenopyrite, minor pyrite and galena is associated with the auriferous quartz-stockwork.

Significant results from the JJ Main trenching program are shown in Table 1. Previously reported channel samples across the stockwork zone include; 21.43 g/t gold over 5m in Trench 02 (0.63 opt over 16.4 feet), 5.00 g/t gold over 10m in Trench 03 (0.15 opt over 32.8 feet) and 3.99 g/t gold over 3m in Trench 01 (0.12 opt over 9.8 feet). In Trench 03 a parallel quartz-stockwork zone 18m to the southeast of the 10m zone reported on above averaged 3.18 g/t gold over 8m, including 2m of 10.55 g/t gold. The eastern zone may either represent either a separate parallel zone of auriferous quartz-stockwork mineralization or a repeat of the western zone along a dextral steeply-dipping northerly-trending fault (as interpreted on Figure 2). The upcoming trenching program will assist in determining this. The second zone projects from Trench 03 northeast 50m to Trench 04 where it is weaker, assaying 0.51 g/t gold over 3m.

Table 1: Significant trenching assays from JJ Main
From To Interval Grade
Trench (m) (m) (m) (g/t)
T01(i) 41 43 2 1.86
T01(i) 32 35 3 3.99
T02(i) 20 25 5 21.43
(including) 21 24 3 34.67
T03(i) 16 26 10 5.00
(including) 25 26 1 28.70
T03^ 44 52 8 3.18
(including)^ 48 50 2 10.55
((i) previously reported values) (^ new results)

A backhoe is being mobilized to the site and will expose the mineralized structure along strike between existing trenches. Astral will carry out detailed mapping and 1m channel sampling on exposed mineralization at 10m spaced lines over the 150m long core quartz-stockwork zone. Current channel sampling is along 50m spaced trenches. This work will clarify structural relationships, confirm continuity of mineralization at the surface and greatly assist planning for the diamond drill program planned for 2007.

Samples were collected Astral staff and submitted to Acme Analytical Laboratories Ltd, Vancouver for analysis. Exploration work reported in this release was completed under the supervision of Astral's Project Geologist Dale Brittliffe B.Sc.. Technical information contained in this release has been reviewed by Dr. David Terry, P.Geo., Director and Vice President of Exploration for Astral Mining Corporation, a Qualified Person as defined in National Instrument 43-101.

Astral Mining Corporation is a Canadian-based company engaged in the exploration and development of precious mineral properties in North America. By focusing on exploration in mining-friendly districts the company minimizes the political and social risks encountered in many other parts of the world. With an experienced technical team and seasoned management Astral is poised to leverage this expertise into early exploration success.

Kootenay is an emerging gold and silver company focused on acquiring 100% interests mineral properties through acquisitions and exploration discoveries. During the past four years Kootenay has successfully made four new mineral discoveries in the Rossland Republic Gold Trend of British Columbia. In addition to its Canadian mineral discoveries, the company acquired the Santa Lucia and the Sabina Properties in Northwest Mexico. Joint-venture agreements with several companies have actively advanced these discoveries.

To view Figure 1 JJ Property Location Plan please click on the following link:

To view Figure 2 Detail of Trenching at JJ Main Discovery Zone please click on the following link:


Mr. Manfred Kurschner, President & CEO

Cautionary Note to US Investors: This news release may contain information about adjacent properties on which we have no right to explore or mine. We advise U.S. investors that the SEC's mining guidelines strictly prohibit information of this type in documents filed with the SEC. U.S. investors are cautioned that mineral deposits on adjacent properties are not indicative of mineral deposits on our properties. This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.

2006 Number 12

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

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