/NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR RELEASE TO U.S.
NEWSWIRE SERVICE/
TSX VENTURE SEM
VANCOUVER, April 23 /CNW/ - (TSX.V: SEM) Rolly Trenaman, President is pleased to report that a contract has been signed with SCS Diamond Drilling of Merritt, B.C. for a minimum of 4,000 metres of diamond drilling to be conducted on the Company's Moyie Project properties located 20 km south of Cranbrook, B.C. The drilling is slated to commence during the last week of April, 2007.
The Company identified six drill targets during the 2006 exploration field season. Two of these targets were drill tested and the following significant results were obtained:
Vent Target - Monroe Lake - four holes - 413 metres Hole M06-01 ------------------------------------------------------------------------- Silver Zone From - To Interval Zinc % Lead % (opt) ------------------------------------------------------------------------- Zone 1 15.6 - 19.3 M 3.7 M (12.2 ft) 7.95 4.26 2.00 ------------------------------------------------------------------------- Zone 2 35.7 - 38.8 M 3.1 M (10.2 ft) 5.97 3.84 1.40 ------------------------------------------------------------------------- Zone 3 45.0 - 50.0 M 5.0 M (16.4 ft) 6.3 4.04 1.98 -------------------------------------------------------------------------
Society Girl Target - four holes - 945 metres The individual samples results from Hole SG 06-02 were as follows: ------------------------------------------------------------------------- From - To Interval Silver Sample No. (Metres) (Metres) Zinc % Lead % (opt) ------------------------------------------------------------------------- 304394 181.20 - 181.45 0.25 4.01 0.31 0.1 ------------------------------------------------------------------------- 304395 181.45 - 182.50 1.05 18.60 5.99 1.8 ------------------------------------------------------------------------- 304396 182.50 - 182.70 0.20 1.20 0.61 0.2 ------------------------------------------------------------------------- Average 181.2 - 182.7 1.5 (5 ft) 13.8 4.3 1.4 -------------------------------------------------------------------------
Further sampling of Hole SG 06-02 adjacent to the samples reported here has just been completed. Results will be reported as soon as they are available.
Current plans call for the four remaining targets to be drill tested, following which the drill will return to the Society Girl target to expand the information base on the impressive zinc intersection cut in SG 06-02 during 2006 fall drilling campaign.
Details of the proposed drill layouts may be seen on the Company's website.
R. T. Trenaman, P. Eng is the qualified person for St. Eugene Mining Corp. in regards to data presented in this news release.
For further details on the Company, please refer to the Company's website www.steugenemining.ca, and its Canadian regulatory filings on SEDAR at www.sedar.com.
On Behalf of the Board of Directors of
ST. EUGENE MINING CORPORATION LIMITED
"R. T. Trenaman"
President and CEO
This news release was prepared by Management who take full responsibility for content. The TSX Venture has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. Forward- looking statements in this release are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties that may cause the Company's actual future-period results to differ materially from forecasts.
Contacts
R. T. Trenaman at (604) 669-5775 Email: info@steugenemining.ca
Media: Kirsti Mattson at (604) 202-2484 Email: kusickmattson@yahoo.ca - media
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