GOLD EXPLORATION NEWS More High Grades at Ocampo Project

CHIHUAHUA, Mexico The good news about Nova Scotia's GAMMON LAKE RESOURCES' Ocampo project in Chihuahua State, Mexico, just keeps coming. Earlier this week the company reported two new high-grade intercepts, these on top of identifying a third high-grade zone on the property earlier in the month.

The latest results point to the Rosario zone as the fourth promising area to be found at Ocampo. The new holes assayed very nicely for gold and silver. Hole OG-63 cut 3 m of 23.3 g/t Au and 2,426 g/t Ag. These results were included within a 40.5-m section grading 2.7 g/t Au and 339 g/t Ag. Two hundred metres along strike, hole OG-48 intercepted 6 m of 33.4 g/t Au and 975 g/t Ag. Hole OG-35 returned values of 12.4 g/t Au and 912 g/t Au over 4.5 m.

A week earlier, Gammon Lake said that two holes in the Las Animas zone returned promising assays. Hole OGDH-60 cut 3 m of 23.2 g/t Au and 917 g/t Ag. Hole OGDH-55 returned 4.6 g/t Au and 463 g/t Ag over 12 m, including 3 m of 7.3 g/t Au and 1,129 g/t Ag.

Gammon Lake previously identified gold mineralization in the Aventurero and San Juan zones. Work continues on a four-rig, 25,000-m program on the Ocampo property. Maps of the four zones and complete diamond drilling results are at available at www.gammonlake.com by clicking on Press Releases.