Recent High-Grade Precious Metals Discoveries

August 24, 2009

As investors return from summer vacations, they'll want to take a look at some of the following exploration companies that have recently encountered high-grade gold and silver:

Carpathian's (CPNFF) second phase of drilling found a high grade gold in a range of 1.16 to as much as 9.55 g/t gold in some spots. Launched last year, the drilling program takes place at its 100%-onwed Riacho Dos Machados gold project in southeastern Brazil.

Claude Resources (CGR) announced last week that it had intercepted more high grade gold at its Seabee, Saskatchewan mine. Results ranged from 5.96 to 19.36 g/t gold.

For the fourth consecutive week, Lake Victoria Mining (LVCA) released positive news regarding high-grade gold from Tanzanian gold exploration programs. Recent sampling revealed an average gold grade of 3.48 g/t, with a range of .23 and 12.95 g/t.

African Aura (AAZ on TSX only) incredible results between .5 and 44.55 g/t gold at the Kambele Gold Project at the company's 100%-owned Batouri property in eastern Cameroon. Thus far over half of the 44 holes drilled to date returned high-grade gold.

Detour Gold (DRGDF) recently intersected between 1.60 - 9.31 g/t at Detour Lake Gold Project, which includes a 2.5 km gold mineralization zone in eastern Ontario.

Houston Lake Mining (HLKMF) struck big on its Dogpaw Lake property, West Cedartree project in western Ontario. Grades ranged from .84 to over 36 g/t gold, indicating an extension of its gold mineralization zone.

Mirasol (MRZLF) announced positive news from its joint venture project at Joaquin, Argentina. Results from drilling found a range of 30 to 703 g/t silver. The property is 100% owned by Joaquin, however, funded and operated by the experienced, Coeur d'Alene Mines (CDE).






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