Zinc

[Lone Clone]

Blue Note Mining Exploration Update
Thu Jul 19, 9:05 AM

http://ca.news.finance.yahoo.com/s/19072007/30/link-finance-news-blue-note-mining-exploration-update...

Shares Outstanding; 283 Million

Symbol & Exchange: BN-TSXV

MONTREAL, July 19 /CNW Telbec/ - Blue Note Mining Inc. released today the exploration results from the recently conducted Canoe Landing Lake diamond drilling program and is announcing a $3.4 million underground and surface exploration campaign planned for 2007 on its 100%-owned mining properties located near Bathurst, New Brunswick.

Canoe Landing Lake

The exploration results from the most recent drilling program conducted on the Canoe Landing Lake property are being updated. The property hosts a historic, non-43-101 compliant, resource estimated at 22.8Mt grading 1.82% zinc, 0.64% lead, 0.56% copper and 32 g/t silver and 1.2 g/t gold. The objectives of the exploration program were to investigate a potential high grade zone in the core of the deposit and to test the down plunge extension at depth where interpretation indicated potentially higher grade mineralization.

The program carried out during the fall of last year totaled 3,193 meters of drilling. Four holes (CLL-06-03 to CLL-06-06) were drilled near the center of the deposit while one hole (CLL-06-07) tested the down plunge extension. The analytical results from the mineralized intersections (core length) from each drill hole are shown in the table below. Core samples were analyzed by ALS Chemex in Val d'Or, Quebec, using four acid digestion and ICP-AES/AAS finish for Zn, Pb, Cu and Ag (code OG62) and fire assay with AA finish for Au (code Au-AA25). The results from the exploration program are consistent with the reported historical values and did not identify any significant higher grade mineralization.

 
     Hole ID    From    To      Length  Zn     Pb     Cu     Ag     Au 
                (m)     (m)     (m)     (%)    (%)    (%)    (g/t)  (g/t) 
  
     CLL-06-03  284.35  307.30  16.20   1.91   0.55   0.67   34.2   1.3 
  
     CLL-06-04  526.30  543.95  17.65   2.27   0.69   0.60   33.5   1.1 
     including  526.30  529.90   3.60   3.50   0.87   0.65   39.4   1.3 
     including  531.50  543.95  12.45   2.21   0.72   0.66   36.1   1.2 
  
     CLL-06-05  568.10  580.70  12.60   1.64   0.48   0.59   30.8   1.1 
     including  568.10  576.50   8.40   1.94   0.56   0.78   35.9   1.3 
  
     CLL-06-06  558.00  572.70  14.70   2.16   0.66   0.70   42.0   1.0 
     including  559.00  565.00   6.00   2.57   0.77   0.58   44.8   0.9 
  
     CLL-06-07  790.00  796.60   6.60   2.36   0.89   0.74   48.3   1.0 
     

With the newly acquired drilling information, a thorough compilation of the data and modeling of the property will be undertaken in order to evaluate the economic potential of the deposit and to guide future exploration work.

Caribou Mine Underground Exploration

Over 9,000 meters of underground diamond drilling are planned at the Caribou Mine for 2007. The exploration program, to begin in July, is a top priority for Blue Note because of the potential impact on the life of the Caribou mining operations. The objective of the underground drilling program is to delineate a significant portion of the inferred resources located down-plunge from the main Caribou mineral reserves between 350 and 650 meters below surface. The resulting drilling data will be used to upgrade the current inferred resource to an indicated resource category to facilitate economic evaluation and possible conversion into probable reserves.

Caribou and Armstrong

A large-scale geophysical program is planned over the Caribou and Armstrong properties for fall 2007 and winter 2008. The 210 line-kilometre ground geophysical survey has been contracted to Quantec Geoscience Limited and will be conducted using the Titan 24 DCIP and MT system. The Titan 24 is a deep-earth imaging geophysical system using a combination of the geophysical parameters resistivity (DC), chargeability (IP) and magnetotelluric resistivity (MT). The system is designed to measure the DCIP data to depths of 750 meters and to probe beyond 1.5 kilometres using the MT data. The planned geophysical survey will allow the company to develop quality exploration targets by outlining anomalies in under explored areas along strike and down dip of the mineralized stratigraphies hosting the Caribou and the Armstrong deposits. Contingent on the geophysical survey results, an extensive drilling program is planned during 2008 and 2009 to follow-up the exploration targets.

Restigouche, McMaster and Orvan Brook

A thorough exploration campaign is planned to explain the source of untested airborne and ground geophysical conductive anomalies located on the Restigouche, McMaster and Orvan Brook properties.

Exploration work to be conducted on the Restigouche property is a priority because of the proximity to the active mining operation. The exploration program on Restigouche is designed to investigate the source of untested MegaTEM airborne anomalies adjacent to the mining operation and will include induced polarization (IP) geophysics and MMI soil geochemistry to be conducted during the summer. Contingent on the survey results, a 1,200 meter drilling program is planned for the fall to test the exploration targets.

A trenching program was carried out in June to investigate conductive anomalies in the northern part of the McMaster property where outcrop is very sparse. The source of the conductors was not adequately explained by the trenching program; however, the occurrence of the favourable felsic volcanic host rocks in the vicinity of the conductive anomalies provides encouragement for further evaluation and possible drill testing in this area.

At the Orvan Brook property, a diamond drill program will target a conductive zone that extends along strike for up to 400 meters beyond historical drilling of the "Orvan Brook South" mineral occurrence. Four of five historical holes in this vicinity intersected sulphide mineralization with up to 0.8 meters (est. true width) grading 1.15% Cu, 0.26% Pb, and 1.45% Zn. The known mineralized zone remains untested below a vertical depth of 100 meters. A 1,200 meter drilling program is planned for the fall of 2007.

Williams Brook

An exploration program on the Williams Brook Property is designed to locate the source of anomalous gold, silver and lead values that were obtained in both rock and soil during previous exploration campaigns. An induced polarization (IP) survey followed by a trenching program is planned for the William's Brook Property.

Arthur Hamilton, P.Geo., Manager of Geology, Blue Note Caribou Mines Inc.

is a Qualified Person and has reviewed the technical information

contained in this press release.

Blue Note Mining is a Canadian mining company headquartered in Montreal

with operations in Bathurst, New Brunswick. The company's shares trade on

the TSX Venture Exchange under the symbol BN.

Forward-Looking Statements

This news release contains discussion of items that may constitute forward-looking statements within the meaning of securities laws that involve risks and uncertainties. Although the company believes the expectations reflected in such forward-looking statements are based on reasonable assumptions, it can give no assurances that its expectations will be achieved. Factors that could cause actual results to differ materially from expectations include the effects of general economic conditions, actions by government authorities, uncertainties associated with contract negotiations, additional financing requirements, market acceptance of the Company's products and competitive pressures. These factors and others are more fully discussed in Company filings with Canadian securities regulatory authorities.

The TSX Venture Exchange does not accept responsibility for the adequacy

or accuracy of this news release.

Contacts

Lorne Woods
Vice President
Investor Relations
Blue Note Mining
[phone]
[e-mail]
www.bluenotemining.ca