NUNAVUT – COMMITTEE BAY RESOURCES of Edmonton will concentrate its exploration efforts this year on the Three Bluffs area at its Committee Bay Greenstone Belt project northeast of Baker Lake.
The Three Bluffs area hosts an indicated resource of 2.45 million tonnes averaging 5.94 g/t Au (containing 468,000 oz) and an inferred resource of 1.34 million tonnes averaging 5.34 g/t Au (containing 230,900 oz). Surface drilling at the Antler, Hayes and Bluff Seven targets is planned to increase the resource numbers. Economic, logistical and metallurgical studies are planned.
Committee Bay will also evaluate the southwest portion of the greenstone belt that hosts several shear zones and iron formation-hosted gold occurrences, seeking drill targets for the 2009 season.
The project is discussed in more detail at www.ComitteeBay.com. Click on the Investors tab and the Presentations option.