Santoy Resources Ltd.
TSX VENTURE : SAN

Santoy Resources Ltd.

September 25, 2007 10:56 ET

Santoy and Mega Commence Drilling at Mustang Lake, CMB, Labrador

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 25, 2007) - Santoy Resources Ltd. (TSX VENTURE:SAN) is pleased to announce the start of its Phase 3 drilling program on the Mustang Lake property in the Central Mineral Belt of Labrador. Work on the property is part of a 50:50 joint venture with Mega Uranium Ltd. (TSX:MGA). Mega is the operator.

A minimum of 2,000 m of drilling (nominally 10 holes) is planned to test for extensions of the mineralized zone intersected in hole SP-06-10, which yielded 9.11 metres grading 0.12% U3O8 which is similar to the average grade at Aurora Energy's Michelin deposit, 8 km to the south west.

Following the previous phase of drilling, geological mapping identified northeast-trending structures (shear zones) containing shallowly southwest-plunging lineations in the vicinity of known uranium mineralization. This led to an interpretation that the mineralization in SP-06-10 is hosted by a significant structure and likely plunges to the southwest, as does mineralization at the Michelin deposit.

Drilling is being conducted in accordance with strict "best practices" guidelines and with the Mineral Exploration Standards implemented by the Nunatsiavut government. Comprehensive procedures are in place to ensure that no contamination of the environment occurs, and strict protocols have been established to maintain the health and safety of all program participants.

Bruce River

A program of water sampling from small streams, ponds and seepage zones on the Bruce River property has also been completed (50:50 Santoy JV).

The Qualified Person, as defined by National Instrument 43-101, responsible for review of this news release is Rupert Allan, P. Geol.

About Santoy Resources

Santoy Resources Ltd. is a mining exploration company focused primarily on the energy sector. Emphasis is being placed on uranium projects in the Athabasca Basin of Saskatchewan, in Wollaston Domain rocks in northern Manitoba, in south-central British Columbia, in the Otish Mountains of Quebec, and in the Central Mineral Belt of Labrador. A description of our properties, including maps and photographs, can be viewed on the Company's website at www.santoy.ca.

On Behalf of the Board of Directors SANTOY RESOURCES LTD.

Ron Netolitzky, President

Cautionary Statement on Forward-Looking Information

The statements made in this News Release may contain certain forward-looking statements. Actual events or results may differ from the Company's expectations. Certain risk factors may also affect the actual results achieved by the Company.

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

Contact Information

  • Santoy Resources Ltd.
    Ron Netolitzky
    (604) 669-4799
    or
    Santoy Resources Ltd.
    Tony Perri
    Investor Relations, Manager
    (604) 669-4799
    (604) 669-2543 (FAX)
    Website: www.santoy.ca