MTB 33.3% 0.1¢ mount burgess mining nl

Xray, I know what you are going to say before I say it (and I...

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    Xray, I know what you are going to say before I say it (and I have to agree with you!), but.........

    Last year the company announced that they had found traces of gold mineralisation at Kihabe,
    (see announcement below on the 20 December, 2006 below).

    Its interesting to note that for the first time since then they are now testing for gold on the Gossan (see notice on the 27 September)

    27 September 2007

    These five new samples returned the following grades:


    Sample Number
    Zinc
    Lead
    Silver

    KG006
    16.18 %
    6.15 %
    20.58 oz/t

    KG007
    9.12 %
    5.22 %
    9.42 oz/t

    KG008
    11.54 %
    5.64 %
    7.01 oz/t

    KG009
    7.89 %
    5.47 %
    2.35 oz/t

    KG010
    14.48 %
    3.93 %
    2.44 oz/t


    The Company will also be assaying these samples for gold, copper and vanadium.

    20 December, 2006
    Gold Mineralisation - Kihabe Zinc Project, Botswana
    Mount Burgess Mining N.L. 100%

    Gold mineralisation has been observed in thin sections during petrographic analysis of RC drill chips from the Kihabe mineralised zone.

    The 2.4km long Kihabe zone is already known to contain significant intersections of zinc, lead, silver, copper and vanadium mineralisation and is currently subject to resource modeling and estimation.

    This gold mineralisation was observed in RC drill chips from a composite sample taken between 31m and 69m of drill hole KRC029, drilled on section 10,500E. This section was logged as oxidized quartz-greywacke and the chips containing gold as having been invaded by apparent hydrothermal quartz with pyrite.

    To date, the Company has not conducted any assaying for gold on the Kihabe project and as such cannot determine whether this gold mineralisation represents a significant grade. Samples have now been selected for gold assay.

 
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