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Trade Winds Intersects 6.14 Grams/Tonne Gold Over 8.84 Metres Within the M Zone on Block A Property at Detour Lake, Ontario
Market Wire, October, 2007
Trade Winds Ventures (TSX-V: TWD) (FRANKFURT: TVR) is pleased to announce more results from its 13,000-metre 2007 winter diamond drill program on Block A at Detour Lake, Ontario. Block A is being explored as a 50/50 Joint Venture between Detour Gold Corporation (TSX: DGC) (50%) and Trade Winds (50%), the operator during the exploration phase. The purpose of drilling these four holes, TWDDH-228, TWDDH-229, TWDDH-231 & TWDDH-233 on Section 16060E, is to determine the continuity of the M Zone structural corridor by infill drilling previous excellent results at a 40 meter spacing. The M Zone ultramafic and numerous other gold bearing structures were intersected in all four holes, with gold mineralization ranging from approximately 20 metres to 250 metres below surface and approximately 40 metres above or below previous drilling on this section.
In March of 2006, Trade Winds discovered new, near surface mineralization along the M Zone corridor (see news release May 16, 2006). Phase 1 of this winter's drilling was to explore the mineralization of this new zone along a 480-metre strike between sections 15380E and 15860E. Today's results on these three sections represent the continuation of the Phase 2 infill drilling of the October 2006 Resource Estimate.
On Section 16060E, diamond drill hole TWDDH-228 returned 1.22 grams/tonne over 3.74 metres, 27.70 grams/tonne over 0.50 metre, and 4.66 grams/tonne gold over 2.00 metres.
Diamond drill hole TWDDH-229 returned 6.14 grams/tonne over 8.84 metres including 33.70 grams/tonne over 1.00 metre, 6.87 grams/tonne over 1.25 metres and 2.15 grams/tonne over 8.00 metres.
Diamond drill hole TWDDH-231 returned 18.35 grams/tonne over 1.00 metre, 7.85 grams/tonne over 4.75 metres including 49.70 grams/tonne over 0.50 metre, and 5.58 grams/tonne over 1.00 metre.
Diamond drill hole TWDDH-233 returned 3.30 grams/tonne over 3.00 metres, 20.70 grams/tonne over 0.92 metre, and 3.29 grams/tonne over 3.00 metres.
Details of significant fire assay results received for recent holes completed on Section 16060E is as follows:
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HOLE NAME FROM TO Depth LENGTH ASSAY COMPOSITE
(m.) (m.) Vertical (m.) (g/tonne (g/tonne
(m.) gold) gold)
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16060E
TWDDH-228 117.26 121 96 3.74 1.22
138 138.5 113 .50 27.70
172 174 141 2.00 4.66
16060E
TWDDH-229 96.16 105 78 8.84 6.14
Including 96.16 97.35 1.19 9.65
And 100 101 1.00 33.7
163 164.25 133 1.25 6.87
Including 163 163.75 0.75 9.78
265 273 8.00 2.15
Including 270 271 1.00 5.47
TWDDH-231 60 61 49 1.00 5.66
95 96 1.00 18.35
115 119.75 94 4.75 7.85
Including 119.25 119.75 0.50 49.70
134 135 109 1.00 4.04
185 186 151 1.00 5.58
TWDDH-233 25 28 20 3.00 3.30
Including 26 27 1.00 5.19
73 74 60 1.00 4.23
83 86 68 3.00 1.17
101 101.92 83 0.92 20.70
107 109 88 2.00 3.87
Including 108 109 1.00 6.65
124 127 101 3.00 3.29
Including 124 125 1.00 6.00
154 155 126 1.00 14.40
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True Width is estimated to be between 65-75% of core length. Drawings for Section 16060E is available on the Company's website www.tradewindsventures.com .
Diamond drill hole location and final depths for the M Zone diamond drill program on Section 16060E are as follows:
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Section Hole # Northing Easting Azimuth Dip Length(m)
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16060E TWDDH-228 20532 16060.5 180 -55 210.00
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TWDDH-229 20656 16060.1 180 -55 329.00
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TWDDH-231 20616 16060.2 180 -55 278.00
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TWDDH-233 20575 16060.5 180 -55 236.00
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