RX Exploration Intersects 1.07 opt Gold and 5.69 opt Silver Over 4.3 Metres at Drumlummon Mine

RX Exploration Intersects 1.07 opt Gold and 5.69 opt Silver Over 4.3 Metres at Drumlummon Mine

RX Exploration Inc. is pleased to report more exciting gold and silver intersections from its ongoing 70,000 ft underground diamond drilling campaign at its 100%-owned Drumlummon Mine, Montana. (In this release “g/t” means grams per tonne, “opt” means ounces per ton.)

The best drill hole, 11-291, intersected 28 feet (8.53 metres) averaging 0.673 opt gold (23.07 g/t gold) and 4.22 opt silver (144.69 g/t silver) from 104 to 132 feet. This included 14 feet (4.27 metres) averaging 1.072 opt gold (36.75 g/t gold) and 5.69 opt silver (195.09 g/t silver) from 112 to 126 feet.

These holes targeted the D-block south zone and have intersected what is believed to be the D-Block South Pillar as well as Gob backfill in the old stope. Historically, when the Drumlummon was originally mined (1893 to 1901), mineralized rock that averaged less than 0.4 opt gold was considered waste and was used to back fill the large mined out stopes. It is referred to as “Gob Backfill.” This material is now easily accessible and considered potentially economic.

“We drilled the D- Block South Pillar and have hit wide and high grade gold and silver intervals,” commented Murray Nye, President of RX Exploration. “Due to its close proximity to the internal ramp, this historic pillar can be safely mined and will add ounces to our resource base with relative ease.”

D-Block and D-Block south are part of the main Drumlummon vein system that was originally mined in the late 1800’s. RX Exploration is currently outlining remnant zones of mineralization that occur in the areas where the Castletown vein intersected the Drumlummon vein.

In the 1980’s previous operators reported the presence of 160,000 tons of mineralized material in “D” Block, below the 400 foot level, grading 0.4 oz/ton gold and 4.0 oz/ton silver. These figures are historical in nature, are not 43-101 compliant, and should not be relied upon by investors.

RX Exploration has been drill testing the D-Block, D-Block South, Xmas, Charly, and Empire vein systems. The current drill program will allow the company to update its NI-43-101 resource estimate which at the moment only outlines resources in the Charly Vein.

Quality Control/Quality Assurance (QC/QA)

Drill core is logged, photographed, and cut in half with a diamond saw. One half is fire assayed in the on-site lab, or at Mt. Powell Lab, Deerlodge, MT; the other half is archived and stored on site. For QC/QA purposes standards, blanks, and repeats are randomly inserted into the sample stream. Selected samples of pulps and rejects are sent to ALS Chemex Lab, Reno, NV for verification assaying. Chemex assay results of duplicates have confirmed the accuracy of the assay results from the on-site lab on a continuing basis.

L. Joseph Bardswich, P.Eng. (Mining) (Ontario) is the qualified person responsible for reviewing the technical details in this press release for content and accuracy.

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