SUMMER DRILL PROGRAM COMMENCES AT THREE BLUFFS DEPOSIT
COMMITTEE BAY GREENSTONE BELT, NUNAVUT, CANADA
July 5, 2007
Edmonton, Alberta - Committee Bay Resources Ltd. (CBR: TSX-V) (“Committee Bay” or the “Company”) today, commenced the 2007 summer infill and step-out drill program at the Three Bluffs Gold Deposit. A drill crew has also been re-mobilized to start the Inuk drill program. In addition to drill work, the Company will conduct sampling and prospecting along the Committee Bay Greenstone Belt, located northeast of Baker Lake, in Nunavut, Canada.
This summer drill program will focus on the Three Bluffs area and on additional high-grade gold targets along the highly mineralized central portion of the Committee Bay Greenstone Belt. A +5,000 m infill drill program will be conducted at the Three Bluffs gold deposit to expand and upgrade the current Inferred Resource which was defined in 2004. Previous drilling at Three Bluffs through 2004 had identified an Inferred Resource of 1.9 million tonnes at 8.0 grams per tonne (g/t) Au for 487,000 contained ounces (See CBR press release – November 29, 2004). In addition to the infill and step-out drill program at Three Bluffs, the summer program will include focused fieldwork and drill testing at several prospects along strike from the Three Bluffs deposit where significant high grade gold surface showings and Mag/EM anomalies have defined priority drill targets. (To view the proposed drill hole locations see Figures 1 & 2)
The Inuk Prospect is located approximately 147 kilometres (km) northeast of the Three Bluffs Deposit and 38 km from tide water. The 2007 drill program at Inuk, consisting of 500 metres (m) for 6 holes, is designed to follow-up drilling conducted during 2003, which intersected mineralized iron formation assaying up to 16.04 g/t Au over 12.60m (See CBR press release - September 2, 2003). The Inuk drill program was initiated during the spring season (see CBR press release May 10, 2007), however due to poor weather conditions and operational considerations completion of the program was deferred until this summer season.
About Committee Bay Project
The Committee Bay Greenstone Belt is 300 km long, 5 to 50 km wide and geologically comparable to the great Canadian gold producing greenstone belts of Red Lake, Timmins and Kirkland Lake. The Committee Bay belt currently hosts more than 40 high-grade gold occurrences but remains one of the longest and least explored greenstone belts in Canada. Committee Bay currently holds a 100% interest in approximately 640,000 acres of land with prospective geology along the Committee Bay Belt in Nunavut, Canada.
About Committee Bay Resources Ltd.
Committee Bay controls major greenstone belts in Nunavut and Western Australia and has the opportunity to conduct year-round exploration on three continents in order to build on its existing gold resources.
Committee Bay Resources Ltd. maintains an extensive quality control program in the preparation, shipping and checking of all samples from the property. The program is supervised by Peter Kleespies, P.Geol. who is the Qualified Person as defined by NI 43-101. A detailed description of Committee Bay’s QA/QC program is provided on the Company’s website at www.committeebay.com.
On behalf of the Board
Committee Bay Resources Ltd.
/s/”John Williamson”
John Williamson, P.Geol.
President, CEO & Director
For further information, please contact Investor Relations:
Derek Iwanaka or Jim Paterson
Dial 604-646-4527 or toll-free 1-888-331-2269
** WEBSITE: http://www.committeebay.com/ **
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release
Certain disclosures in this release, including management's assessment of Committee Bay’s plans and projects, constitute forward-looking statements that are subject to numerous risks, uncertainties and other factors relating to Committee Bay's operation as a mineral exploration company that may cause future results to differ materially from those expressed or implied in such forward-looking statements. Readers are cautioned not to place undue reliance on forward-looking statements. Committee Bay expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise.
Figure 1. Northern Limb - Longitudinal Section
Figure 2. Southern Limb – Longitudinal Section
