announcement out, page-23

Drilling by previous explorers at the
Magnum prospect located within the
Citadel Project recorded a number of
significant intersections including:
�� 8 metres @ 3.5 g/t gold and 4.4%
copper from 279 metres
�� 4 metres @ 11.7 g/t gold from
261 metres
�� 15 metres @ 14.1 g/t gold from
464 metres
�� 5 metres @ 1.23 g/t gold and
2.43% copper from 211 metres
Glengarry’s review confirms that the
mineralisation at Magnum remains open
along strike and at depth and that there is
good potential for the discovery a multi
million ounce gold deposit.

An assessment of the regional datasets
beyond the immediate Magnum prospect
has also indentified eight targets where
anomalous gold and copper values have
been recorded coincident with prospective
lithostructural settings. The anomalous
geochemical values were recorded in wide
spaced aircore drill holes at the interface
between post mineralising sedimentary
cover and the prospective Proterozoic
bedrock. The gold and copper values are
similar or better than those recorded by
the initial aircore drilling across the
Magnum prospect area.
The tenement applications are expected to
be granted in time to allow fieldwork to
commence in April 2007.


Sempra Metals
Global US-based commodities group
Sempra Metals & Concentrates Corp.
subscribed for 5,000,000 Glengarry shares
in the above placement. Sempra has
made strategic investments in several
other emerging publicly listed Australian
resource companies and Glengarry
considers their participation as an
acknowledgment of the base metals
potential of the Greenvale and Cannington
Projects.