Kaminak Announces Trench Results, Plans for Drilling

Kaminak Gold Corp. has released new chip sample/trenching results from the Supremo gold-in-soil anomaly on the company’s 100-per-cent-owned Coffee property. Additional trench results from the Latte, Kona and Espresso gold-in-soil anomalies will be available in the coming weeks. Management has also approved plans for a minimum 5,000-metre phase one diamond drill program scheduled to begin in the spring/summer of 2010. This will be the first-ever drill program on the Coffee property and can be financed through Kaminak’s existing treasury.

Supremo trench results

Results are presented here from follow-up crosscut trenching that was completed near trench No. 3 where a previous result of 2.3 grams per tonne gold over 21 metres was obtained. This earlier result was from an east-west-trending shallow trench. Two new north-south-trending trenches six metres apart from one another were dug directly on top of the original east-west trench in hopes of expanding the known extent of the mineralization. Results include 11.72 grams per tonne gold over 10 metres from one trench and 8.56 grams per tonne gold over 15 metres from the other trench. Both of these high-grade results begin right next to the original trench and extend northerly.

The significance of these results is simplified on a sketch map available on the company website. The true width or extent of this zone is not fully known partially due to the oxidized and rubbly nature of the trench material, but it appears to have a roughly east-to-northeast trend. These new data have identified high-grade gold in rock as well as successfully extending the known area of mineralization in the trench No. 3 area.

A separate interval of 1.76 grams per tonne gold over 25 metres was uncovered from trench No. 2, approximately 100 metres from trench No. 3. The relationship between these occurrences is being investigated; however, initial observations suggest they are separate geological targets possibly hosted by a series of stacked structurally controlled zones.

These represent the final assays from the 2009 trenching program at the Supremo target. This program successfully identified several drill targets in addition to the results discussed in this release from trenches No. 2 and No. 3. Other notable targets include trench No. 6 (11.45 grams per tonne gold over five metres), trench No. 8 (1.37 grams per tonne gold over 30 metres) and trench No. 4 (0.53 gram per tonne gold over 45 metres). Additional trench results are pending from the Latte, Espresso and Kona targets and will be released in the coming weeks. Phase one drilling in 2010 will focus on evaluating priority targets from across the property and will be designed to test shallow, near-surface targets.

Anomalous gold values in the Supremo region are associated with heavily bleached and weathered rock comprising primarily sericite and quartz. This host rock is heavily altered; however, a progression from fresh felsic gneiss can be observed within the trenches. There also seems to be a correlation between high gold values and several pathfinder elements, including arsenic (As) and antimony (Sb). Over all, gold values for 25 total samples reported here ranged from below detection level to a high of 13.79 grams per tonne gold. Sampling consisted of continuous chip samples over five-metre intervals of oxidized and weathered rubble subcrop that is interpreted as being near in place.

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