Mineralization Encountered On The Ledden Property

TORONTO - Mistango River Resources Inc. reported a 1.5 meter interval with abundant native gold which assayed 134.00 gpt Gold in a chloritic shear zone in hole 09 drilled along the south boundary fault which bounds the Chibougamau Pluton.

Several wide zones of anomalous copper mineralized zones were intersected in holes drilled to the south on the same boundary fault corresponding to strong magnetic anomalies or along northeast trending magnetic cross-structures that link the EW faults to the south and to the north. Some high-grade copper was intersected over narrow intervals along the NE trend with one sample returning 1.45% Copper over 1.0 m in hole 13 and another sample that assayed 0.799% Copper over 1.5m in hole 15. In addition, the drilling program encountered wide zones of anomalous copper intersected in several holes along both trends. The best results came from hole 18, which assayed five high copper and gold intervals, with the best one returning 27m of 0.104% Cu-eq. The winter drilling on the Ledden Option Property was completed last November with 20 holes completed for a total of 5,410 meters.

"The mineralization encountered on the Ledden Property is consistent with previous results and demonstrates the potential to define a bulk-mineable open pit-style with Copper-Gold mineralization on the property. Future exploration will focus on identifying the most promising structural and lithological targets on the claims as well as a follow up of the marquee results," said Charles Beaudry, geo. and P.Geo. and Director of Mistango River Resources, and Qualified Person as defined in NI43-101.