Brett Resources Inc. (TSX VENTURE: BBR) is pleased to provide an
update on assay results from continued drilling of the Hammond Reef
Project, northwestern Ontario. Results received are from the
A-Zone, Mitta Lake, and also from first pass drilling of the RAB
and Sande and Stewart exploration areas (To view maps, please click
on the following link: http://snipurl.com/vp5qn).
A-Zone infill drilling continues to return excellent lengths and
grades, including BR-204 which intersected 231.0 metres of 1.11 g/t
Au, BR-206 which returned 178.5 metres of 1.25 g/t Au and BR-208
which cored 195.0 metres of 1.09 g/t Au.
Drill results from holes on Mitta Lake include BR-192 which
returned a significantly better than expected intersection of 87.0
metres of 0.85 g/t Au, just below a shallow portion of the
northeast end of the Lake. Owing to the lack of previous drilling,
the existing resource model did not report any significant resource
in this area.
Assay results for the first several holes drilled at the RAB
exploration target have been received, including hole BR-203 with
12.1 metres of 1.00 g/t Au, starting at surface. Other significant
intersections include BR-225 which intersected 46.5 metres of 0.66
g/t Au and hole BR-210 that cored 66.0 metres of 0.45 g/t Au.
Assays for other RAB holes are pending and the results of these
holes will be evaluated for planning the next phase of drilling in
the RAB area.
Assay results from the first two of four planned phase 1
exploration holes at Sande and Stewart returned encouraging
results. Hole BR-234 intersected 34.5 metres of 0.45 g/t Au. Assays
data for the bottom of this hole are still pending.
Patrick Soares, President and CEO comments, "I am pleased that
our exploration team continues to deliver excellent results from
the development drilling and that significant mineralization has
been intersected in the first few holes completed in the RAB and
Sande Stewart areas."
Of particular interest in A-Zone drilling is hole BR-214, a step
out hole, drilled down dip to the southeast, further down dip than
any previous hole in that area. This hole cored rock with apparent
weak alteration, however it returned five gold-bearing intervals
above a 0.30 g/t Au cut-off. Intervals range from 10.5 to 46.5
metres in drill length, with grades that will be incorporated into
the next resource estimate. Two of the better gold zones in this
hole are 24.0 metres of 0.76 g/t Au and 46.5 meters of 0.39 g/t Au.
The mineralization encountered in this hole, with its subtle
alteration, indicates further potential down dip in the A Zone, and
additionally suggests new exploration potential in the more
subtlety altered rocks at Hammond Reef.
Mitta Lake drilling ended prematurely due to an exceptionally
early spring breakup. However, most of the critical holes on Mitta
Lake were drilled before the ice was too thin to support further
drilling. The holes not completed on the ice will be drilled from
shore this summer, or if warranted, they could be drilled from a
barge. The geological interpretation of these results is
on-going.
Table 1. details the more significant A-Zone intersections,
Table 2. lists Mitta Lake holes, Table 3. details the better RAB
zone holes and Table 4. lists the Sande Stewart drill hole assays
received to date.
Table 1. Significant intersections from A-Zone
(http://www.brettresources.com/i/maps/2010-04-22_DHC_MZ.jpg):
Hole ID From To Interval (m) Au (g/t)
--------------------------------------------------
BR-204 60.5 291.5 231.0 1.11
incl 222.5 239.0 16.5 1.93
incl 257.0 290.0 33.0 2.11
BR-206 65.0 243.5 178.5 1.25
incl 74.0 89.0 15.0 2.18
incl 108.5 120.5 12.0 1.83
incl 152.0 171.5 19.5 3.62
BR-208 98.0 293.0 195.0 1.09
incl 233.0 246.5 13.5 3.24
incl 258.5 269.0 10.5 2.31
BR-209 45.5 86.0 40.5 0.45
BR-209 150.5 245.0 94.5 1.00
incl 168.5 179.0 10.5 2.48
BR-211 96.5 119.0 22.5 0.53
128.0 141.5 13.5 0.77
156.5 332.0 175.5 1.00
incl 183.5 194.0 10.5 2.07
incl 281.0 289.5 8.5 3.73
BR-213 30.5 47.0 16.5 0.72
59.0 83.0 24.0 0.49
114.5 128.0 13.5 1.69
141.5 215.0 73.5 0.67
BR-214 78.5 89.0 10.5 1.85
101.0 125.0 24.0 0.76
185.0 231.5 46.5 0.39
242.0 263.0 21.0 0.41
294.5 309.5 15.0 0.42
Table 2. Significant assays from Mitta Lake drilling
(http://www.brettresources.com/i/maps/2010-04-22_DHC_MZ.jpg):
Hole ID From To Interval (m) Au (g/t)
--------------------------------------------------
BR-184 72.5 186.5 114.0 0.46
incl 126.5 134.0 7.5 2.06
248.0 324.5 76.5 0.65
incl 308.0 318.5 10.5 1.61
BR-185 26.0 72.5 46.5 0.42
BR-186 99.5 185.0 85.5 0.61
incl 123.5 137.0 13.5 1.46
197.0 330.5 133.5 0.80
incl 242.0 267.5 25.5 1.82
BR-187 21.5 96.5 75.0 0.35
198.5 245.0 46.5 0.54
BR-188 171.5 300.5 129.0 0.63
incl 249.5 269.0 19.5 2.12
BR-189 32.0 44.0 12.0 0.74
56.0 84.5 28.5 1.10
incl 75.5 83.0 7.5 3.08
BR-190 117.5 182.0 64.5 1.30
incl 167.0 179.0 12.0 3.46
192.5 254.0 61.5 0.52
BR-191 48.5 116.0 67.5 0.63
incl 68.0 78.5 10.5 1.50
131.0 146.0 15.0 1.25
179.0 216.5 37.5 0.87
incl 201.5 212.0 10.5 1.56
BR-192 21.5 50.0 28.6 0.62
BR-192 80.0 167.0 87.0 0.85
incl 116.0 135.5 19.5 2.33
BR-193 104.0 260.0 156.0 0.42
BR-194 56.0 197.0 141.0 0.46
BR-195 38.0 83.0 45.0 0.51
134.0 146.0 12.0 0.46
BR-197 74.0 102.5 28.5 0.83
131.0 198.5 67.5 0.52
BR-198 18.0 66.5 48.5 0.36
111.5 114.5 3.0 0.43
BR-199 33.5 74.0 40.5 0.47
96.5 116.0 19.5 1.41
incl 96.5 102.5 6.0 3.10
128.0 156.5 28.5 0.49
204.5 225.5 21.0 0.63
243.5 257.0 13.5 0.88
BR-200 69.5 114.5 45.0 0.34
132.5 183.5 51.0 0.49
291.5 344.0 52.5 0.62
BR-201 28.6 50.0 21.4 0.51
72.5 117.5 45.0 0.98
incl 99.5 110.0 10.5 2.77
131.0 143.0 12.0 0.37
182.0 193.2 11.2 0.45
BR-202 47.0 117.5 70.5 0.50
Table 3. Significant assays from RAB area drilling
(http://www.brettresources.com/i/maps/2010-04-22_DHC_RAB.jpg):
Hole ID From To Interval (m) Au (g/t)
--------------------------------------------------
BR-181 no significant intervals
BR-196 83.0 119.0 36.0 0.34
incl 87.5 98.0 10.5 0.51
BR-203 3.4 15.5 12.1 1.00
30.5 35.0 4.5 0.39
171.5 176.0 4.5 0.41
BR-205 no significant intervals
BR-210 42.5 108.5 66.0 0.45
BR-212 8.0 14.0 6.0 0.19
51.5 63.5 12.0 0.11
159.5 165.5 6.0 0.16
176.0 197.0 21.0 0.15
BR-215 116.0 120.5 4.5 1.55
185.0 191.0 6.0 0.67
348.5 357.5 9.0 0.55
BR-217 5.00 30.50 25.50 0.43
45.50 80.00 34.50 0.18
204.50 215.00 10.50 0.29
BR-221 2.12 27.50 25.38 0.14
27.50 38.00 10.50 0.50
44.00 65.00 21.00 0.15
195.50 198.50 3.00 0.55
BR-222 no significant intervals
BR-224 86.00 110.00 24.00 0.15
119.00 128.00 9.00 0.33
197.00 206.00 9.00 0.36
237.50 245.00 7.50 0.20
252.50 287.00 34.50 0.19
incl 276.50 287.00 10.50 0.38
86.00 110.00 24.00 0.15
119.00 128.00 9.00 0.33
BR-225 42.50 89.00 46.50 0.66
incl 59.00 66.50 7.50 1.45
105.50 113.00 7.50 0.85
Table 4. Significant assays from Sande Stewart area
drilling:
Hole ID From To Interval (m) Au (g/t)
--------------------------------------------------
BR-229 56.00 63.50 7.50 0.33
BR-234 66.50 101.00 34.50 0.44
Assays from 128.0 to 278m for BR-234 are pending
Brett is currently planning the 2010 surface exploration
program, and it is expected that this program will start by mid
May. Significant efforts will be put towards condemnation work, as
well as exploration across the Marmion reservoir to the southwest
along strike with the A-Zone, as well as east of Snail Bay. Follow
up exploration work is also planned to further test significant
mineralization along the Main Trend corridor defining the A- to 41
Zones.
Quality Assurance and Quality Control
The Company utilizes standard industry practices in quality
control and quality assurance with insertion of blind standards,
blanks, and duplicates, in addition to the quality assurance and
quality control practiced by the assay laboratory. Sample
preparation and analysis are conducted by ALS Chemex Laboratories
with sample preparation in Thunder Bay, ON, and analyses of pulps
in North Vancouver, BC, ISO/IEC guideline 17025 accredited
facilities. The geologist and Qualified Person under the terms of
National Instrument 43-101 responsible for the verification of work
and data acquisition at Hammond Reef is John Zbeetnoff, P. Geo.
Assay results used in this news release have some minor out of
range control samples, as such, these control samples as well as
some of their related core samples are currently undergoing
analytical rerun analyses for gold at the analytical lab. The assay
results for these reruns are expected with in four to six weeks. It
is not expected that there will be any noticeable impact on the
final length weighted grade calculations. All significant grade
changes will be reported in future new releases, minor changes will
be posted on the website.
The Qualified Person responsible for this news release under the
terms of National Instrument 43-101 is Patrick Soares, P.Geo.
About Brett Resources Inc.
Brett Resources Inc. is a Canadian minerals exploration company
whose primary mandate is the discovery, acquisition, and
development of precious metals systems, with particular expertise
in Canada and Latin America. Since 2006 Brett's primary focus has
been the 100 percent owned Hammond Reef Gold Deposit in Ontario
where an inferred resource of 6.70 million ounces of gold, 259.4
million tonnes at a grade of 0.8 grams per tonne utilizing a 0.3
gram per tonne gold cut-off has been outlined.
Patrick Soares, President & CEO
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Contacts: Brett Resources Inc. Tony Perri Manager, Investor
Relations 604-488-0008 604-669-2543 (FAX) tperri@brettresources.com
www.brettresources.com Wani Capital Raju Wani 403-240-0555
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