Twenty-Seven Capital Corp.
TSX VENTURE : TSC

Twenty-Seven Capital Corp.

April 06, 2006 12:00 ET

Twenty-Seven Capital Begins Exploration at La Cobota

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - April 6, 2006) - Twenty-Seven Capital Corp. (TSX VENTURE:TSC) is pleased to announce that exploration has begun at its La Cobota property in Sonora State, Mexico. The La Cobota property is located in a known belt of iron-oxide copper-gold (IOCG) prospects and has a history of small scale, high grade copper production.

Phase 1 work will consist of a systematic property-wide soil geochemical survey coupled with thorough prospecting and geological mapping. This program is expected to be followed by geophysical surveys to define specific targets for drill testing.

The La Cobota property covers 3000 hectares and is accessed by a paved highway and secondary gravel roads. Mining operations, dating back to the late 1800s or early 1900s, are marked by old underground workings and pits that are located along 2 to 7 m wide, northeast trending silicified breccia zones. These breccia zones consist of chalcocite bearing massive iron oxide matrix surrounding fragments of altered country rock. Historical grades are reported to range as high as 35% copper.

Twenty-Seven's main exploration target is a bulk tonnage copper deposit associated with a broad corridor of mineralized and altered rock that surrounds the high grade breccia zones. This corridor trends north-northwesterly and is about 1200 m wide and 2200 m long. It contains widespread iron oxide mineralization (earthy hematite, specular hematite and magnetite) that occurs as veinlets, stockworks, breccia matrix and replacements in the host intrusive and volcanic rocks. Areas of mineralization are surrounded by halos of potassic alteration that give way to more distal, pervasive propylitic alteration.

Modern exploration has been restricted to geochemical and geophysical surveys (magnetic and gravity) over parts of the property. The geophysical work has demonstrated that magnetically anomalous areas coincide with gravity highs. Limited soil sampling has outlined copper anomalies that correspond with observed alteration zones. In addition, the geochemical surveys reveal the presence of anomalous indicator metals that are characteristic of the IOCG class of mineralization (Co, As, Ba, Ce, La, Mg, P and U).

TWENTY-SEVEN CAPITAL CORP.

Robert C. Carne, President


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