Zinc

[Lone Clone]

Golden Arch Resources releases NI 43-101 Report: Wakefield Lakes Zinc Property
Tue May 22, 3:13 PM

http://ca.news.finance.yahoo.com/s/22052007/30/link-finance-news-golden-arch-resources-releases-ni-4...

Potential for several million tonnes grading 4% zinc and 0.50% lead


GAI: TSX Venture Exemption 12g3 - 2(b)
GARCF: O.T.C SEC File No. 82-659
www.goldenarchresources.com


VANCOUVER, May 22 /CNW/ - Les Kjosness, President is pleased to announce the completion and filing of the NI 43-101 Summary Report on the Wakefield Lakes Zinc Property, located approximately 300 kms northeast of La Ronge, Saskatchewan. The Company has evaluated the previous drilling on the property, which is located 15 kms east of an all-purpose gravel road, maintained to access other year-round mining operations.

Golden Arch Resources Ltd. has an option to acquire an 80% interest in the Wakefield Lakes Property which contains the George Lake Zinc Zone. The property consists of six claims covering 3,669 hectares and straddles a deeply dipping quartzite bed that hosts a concordant zinc deposit in a zone of heavy sulphides. Based on a review of all reports available on the Saskatchewan Government Mineral Resource Index, including the results from 43 diamond drill hole program by Falconbridge, Noranda et al, this NI 43-101 report summarizes the current understanding of the Wakefield Lakes Zinc Property.

According to the Saskatchewan Government Mineral Resource Index, the George Lake deposit has an historically published resource of 2.9 million tons at 3.67% zinc and 0.53% lead, using a 2% zinc cut-off. Previous drilling by Falconbridge analyzed in the NI 43-101 report indicates the possibility of a +5% core in this zone, which appears to be plunging to the east and open to the east and down dip. The George Lake Zinc Zone, contained in the Wakefield Lakes Property, extends over a strike length approximately 8 km and is generally unexplored. This report proposes an exploration and development plan to ascertain the potential of the George Lake Zinc Zone and verify whether the project is suitable for economic development. In addition, this report proposes to explore two other previously discovered zinc concentrations in drill-holes both east and west of the George Lake deposit.

On closing of the previously announced private placement, Golden Arch intends to implement the work program outlined in the NI 43-101 Summary Report.

The entire report is available on our website: www.goldenarchresources.com.

On behalf of the Board

Les Kjosness, President & Director

Golden Arch Resources is a metals, oil, and gas exploration company headquartered in Vancouver, B.C., Canada. Its principal assets in addition to Wakefield Lakes zinc are the copper, gold and silver Mildred Peak (Arizona) and Abbott Wagner (BC) silver properties.

Contacts

Les Kjosness: [phone]

Kirsti Mattson: [phone] - media