Redzone Resources Ltd.
CNQ : REDZ

Redzone Resources Ltd.

December 14, 2007 09:00 ET

Redzone Updates Activities

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Dec. 14, 2007) - Redzone Resources Ltd. ("Redzone" or "Company") (CNQ:REDZ) reports that its 2007 field program over the Indata gold-copper property located 130 kilometres northwest of Fort St. James has been completed and based on the results, the Company has elected to terminate its option to earn a 60% interest in the project.

The Indata property consists of 15 claim blocks comprising 3,041 hectares and is situated in a complex geological setting adjacent to a major terrane bounding fault named the Pinchi Fault. In June of this year work accomplished at Indata included grid establishment, mechanical trenching and soil sampling. While several trench samples (grabs) from the June work returned encouraging gold values subsequent follow up trenching in September failed to show the mineralized continuity needed for a definitive drill target. As such, Redzone will not be exercising its option to acquire a 60% interest in the Indata property from Eastfield Resources Ltd.

Redzone is continuing to assess new properties and opportunities with an overall goal of growing the Company.

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

Contact Information

  • Redzone Resources Ltd.
    Richard A. Graham
    President and CEO
    (604) 689-1428