Western Keltic Mines Inc.
TSX VENTURE : WKM

Western Keltic Mines Inc.

September 19, 2005 14:58 ET

Western Keltic Mines Inc.: Drilling Shows Potential for Increasing Resources at Kutcho Creek Project

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Sept. 19, 2005) - Western Keltic Mines Inc. (TSX VENTURE:WKM) is pleased to provide a review of exploration and development activities on the company's 100 per-cent-owned Kutcho Creek copper-zinc massive sulphide deposits located 100 kilometers east of Dease Lake in northern British Columbia. The Kutcho Creek project currently hosts the Kutcho, Sumac West and Esso West copper-zinc deposits. Two of the deposits, Kutcho and Esso West, contain an aggregate resource of 14.5 million tonnes with a net smelter return copper equivalent grade of 3.5% containing 670 millions pounds of copper and 900 million pounds of zinc (see Press Release dated January 11, 2005). Most of this tonnage is contained within the Kutcho deposit which is amenable to open pit mining.

2005 Drilling Program

The current exploration program at the Kutcho Creek project is designed to test for extensions of the known deposits as well as to locate additional mineralization at a variety of outlying exploration targets with the goal of increasing overall resources. Twelve drill holes were completed along the upper edge of the Kutcho deposit in order to provide geotechnical and geochemical information about the deposit footwall to aid in design of the open pit and to determine engineering and development parameters. These holes also provided information about the upper edge of the Kutcho deposit and, in some cases, extended mineralization significantly closer to surface. Results received to date are listed in the table below.



Ag Au
Hole-ID Target From To Thick Cu% Zn% g/t g/t

WK05-39 FWZ and 162.5 164.3 3.1 2.51 0.20 69.9 0.45
Kutcho
down-dip
extension
WK05-40 " 275.0 276.0 1.0 1.58 0.02 102.0 0.25
WK05-41 Kutcho 184.0 188.0 4.0 2.45 2.46 63.0 0.24
Down Dip
WK05-42 Kutcho 45.6 49.0 3.4 1.08 4.42 13.3 0.32
Upper Edge
WK05-43 " 24.1 25.2 1.1 0.57 5.33 22.0 0.33
" " 31.6 33.2 1.6 4.87 5.34 147.0 0.93
WK05-44 " 52.0 61.4 9.4 2.62 2.98 52.7 0.37
WK05-45 " 11.8 16.0 4.2 0.25 3.46 5.2 0.71
" " 19.5 29.6 10.1 0.78 1.55 12.8 0.15
" " 31.0 37.0 6.0 3.07 2.38 43.5 0.41
WK05-46 " 33.6 35.2 1.6 3.08 0.53 44.0 0.33
WK05-57 " 21.1 33.0 11.9 2.73 2.89 41.9 0.45
WK05-58 " 11.0 25.0 14.0 1.28 2.29 13.0 0.17
Incl. " 16.6 25.0 8.4 1.77 3.53 15.0 0.23
WK05-59 Sumac West 359.6 383 23.4 1.37 1.9 26.2 0.23
deposit


Drill-holes 42 through 46, 57 and 58 were drilled along the up-dip edge of the Kutcho deposit, primarily to collect geotechnical and geochemical data from what will eventually be the "high-wall" in the open pit. All drill holes pierced the deposit in areas beyond the limits of previous drilling and confirm the presence of high grade copper and zinc mineralization within the deposit. All holes are approximately perpendicular to the mineralization and are therefore true thicknesses, with the exception of 45 and 57 where true thickness will be approximately 80% of the intersection thickness. Assays have not yet been completed for drill-holes 47 through 56.

Drill-holes 39 and 40 were drilled to test the mineralized footwall zone (FWZ) situated 100 m stratigraphically below the Kutcho deposit. The FWZ yielded ore grade intersections below the eastern part of the Kutcho deposit but had not been tested below the deeper and western parts of the Kutcho deposit. No significant intersections were obtained from the FWZ below the deep, western part of the Kutcho deposit; however WK05-40 intersected the Kutcho horizon 90 m down-dip from the previously interpreted edge of the deposit. It is significant to note that, although not an ore grade intersection, mineralization this far from the existing deposit indicates potential for expansion of the deposit towards this area.

Drill-hole 59 was positioned to test the Sumac West deposit in the area where a possible decline would pass through to obtain access to the Esso West deposit, as well as to obtain material for metallurgical testing. Although lower grade than the mineralization at Kutcho, drill-hole 59 comes from a thick, consistently mineralized part of the Sumac West deposit which could be bulk mined and provide mill feed in times of high metal prices. The company plans to drill additional holes in this deposit area so that a resource can be estimated.

Permitting

Western Keltic has formally entered the Kutcho project into the British Columbia Environmental Assessment Process that is anticipated to culminate in the issuance of a mining permit. Initial consultations with all appropriate government agencies, both provincial and federal, have been held. Water balance, weather, fish and wildlife studies are in progress. Open houses with local communities and consultations with First Nations will commence this fall.

Quality Assurance

The technical information contained in this news release has been prepared in accordance with regulatory requirements set out in National Policy Instrument 43-101. Technical information has been reviewed by Brian Butterworth, P.Geo., Executive Vice President and Peter Holbek, P.Geo., Vice President Exploration for Western Keltic. The 2005 exploration program is carried out under the direction of Peter Holbek, P.Geo., a qualified person under National Policy Instrument 43-101. All drill holes are logged and the core is split and quartered on site. Half of the core is sent to Lakefield Research for metallurgical testwork. A quarter of the core is sent to ALS Chemex in North Vancouver for ICP analysis and fire assay. The Company employs a system of quality control for all assays which includes the regular use of standards and blanks and check assaying.

About Western Keltic

Western Keltic Mines Inc. is a mineral exploration and development company currently focused on the discovery and development of copper and other base and precious metal assets. In addition to advancing the Kutcho Creek project, the company is actively engaged in the search for additional assets to compliment its current project portfolio.

On behalf of the Board of Directors

Western Keltic Mines Inc.

Brian Butterworth, P.Geo., Executive Vice-President

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

Contact Information

  • Western Keltic Mines Inc.
    Brian Butterworth, P.Geo.
    Executive Vice-President
    (604) 682-8414 or 1-800-501-1201
    (604) 682-3727 (FAX)
    www.keltic.com