Level 9, 28 The Esplanade, Perth, Western Australia, 6000 PO Box 5643 St George’s Terrace, Perth, Western Australia, 6831 Telephone: (61-8) 9226 4788 Facsimile: (61-8) 9226 4799 Email: [email protected] Web: www.cityviewcorp.com ABN: 59 009 235 634 ACN: 009 235 634 ASX: CVI NASD OTCBB: CTVWF FSE: C4Z ASX / MEDIA RELEASE March 12, 2008 Catabola Drilling Update CityView Corporation Limited (“CityView”) has received the following update from the Aurum geologists contracted to oversee the JORC compliant drilling program at the Longonjo Project in Angola. The first of twenty four planned shallow exploration drill holes has been completed at Cassenha Hill (historically referred to as the Catabola-Caqueta / Canda area) in the Catabola target area, Huambo Province, Angola. The target area has been explored historically and is known for its shear zone hosted copper-gold mineralisation. Previous exploration was undertaken on the prospect between 1946 and 1960 and included surface trenching and the development of four exploratory underground Adits. Hole K001 was drilled at an inclination of -45 degrees and was designed to intersect the mineralised structures down dip of the main mineralised zone encountered in historical Adit 2. The first 30m drilled consisted of metasediments with chlorite, sericite and magnetite alteration. The main mineralised zone has been intersected between 30m and 50m. The interval comprised of breccias and saccharoidal quartz veins. The matrix of these breccias is magnetite and secondary copper minerals (chrysocolla, malachite). Several flakes of visible gold have been recorded within the saccharoidal quartz. The hole was completed at a depth of 61m in metasediments. ASX MEDIA RELEASE CityView Corporation The recovered drill core supports the documented geological model and extends the known mineralisation in the Adits a further 30m down dip. A second shallow exploration hole shall commence on the same structure and is designed to test the continuity of the mineralised structure down dip (or along strike) with similar positive results expected. Mark Smyth Chief Executive Officer. Drilling below historical Adit 2 ASX MEDIA RELEASE CityView Corporation Drilling continues into evening ASX MEDIA RELEASE CityView Corporation Aurum Geologist compiling and reviewing data at campsite
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