Trade Winds Preparing To Drill In China
Vancouver, B.C., August 11, 2008 – Trade Winds Ventures Inc. (“Trade
Winds”)(TSX-V: TWD) is pleased to announce the commencement of the 2008
exploration program on the Tuole Gold project, Xinyuan County, Xinjiang
Uygur Autonomous Region, P. R. China.
Xinjiang Entercor Mining
Corp. (“Xinjiang Entercor”) , a Joint-Venture Company between Western
China Mining Corp. (80%), a Trade Winds subsidiary, and Xinjiang Dadi
Mining Technology & Development Corp. (20%) is currently preparing
the drill access for the planned 2000 meter diamond drill program
scheduled to begin on the Tuole West permit in late August 2008.
This
drill program is designed follow up the 2007 surface trench program
completed on Area A of the Tuole West permit which outlined three
steeply dipping gold-bearing alteration zones, hosted in highly altered
and silicified andesitic volcanics. Three trenches intersected
Alteration Zone 3 at intervals over a strike length of 160 meters
returned values of 0.55 g/t Au and 7.66 g/t Ag over 12.0 meters, 1.28
g/t Au and 18.00 g/t Ag over 4.0 meters and 0.38 g/t Au over 11.0
meters. Selected grab samples collected from Area A in 2007 contained
up to 2.12 g/t Au.
In addition to the diamond drilling, a
program of surface trenching on Area C of the Tuole West permit is
planned. This work is a continuation of the 2007 exploration program
which included surface trench samples of 0.33% Cu over 7.0 metres,
including 0.775% Cu over 2.0 metres in trench WCTC001 and 0.11% Cu
over 21.0 metres in trench WCTC801 both collected in a zone of Cu, Au
and Mo poly-metallurgic mineralization hosted in granitic porphyry.
Selected grab samples collected in 2007 returned values up to 10.5 g/t
Ag, 1.86% Cu, 0.0224% Mo; and 20.6 g/t Ag, 4.69% Cu, 0.0145% Mo.
The
Tuole project consists of three exploration permits Tuole North, Tuole
East and Tuole West covering a total area of 109.79 km2, located in the
Tien Shan Gold Belt of North West China. These permits acquired by
Xinjiang Entercor in 2005 were sited to cover five Au-Ag-Cu anomalies
over a 25km strike length identified during previous exploration by the
Chinese Government.
The 2008 exploration plans include work on
all permits, with surface trenching on the Tuole North permit to follow
up a 2007 soil geochemical survey that delineated 8 Au anomalies with
values of up 430 ppb, 4 Ag anomalies and 4 Cu anomalies as well as 4
composite anomalies. On the Tuole East permit a 4.0 km² soil
geochemical survey in planned for 2008.
A NI-43-101 report on the Tuole project has been commissioned with an expected completion date of fall 2008. Trench
channel samples collected in 2007 were shipped to and analyzed at the
lab of SGS-CSTC Standards Technical Services Co., Ltd, located in
Tianjin, P. R. China. The soil samples were shipped to and analyzed at
the Testing Centre of Xinjiang Bureau of Non-ferrous Geological
Exploration, a lab with the Certificate of ISO/IEC 17025:2005 (No.:
CNAS L2738), and located in Urumqi, P. R. China.
Technical
information herein has been compiled by Dr, Guowei Zhang, Project
General Manager, and reviewed by Colin Russell, P. Geo, a Qualified
Person as defined in NI-43-101.
FOR FURTHER INFORMATION PLEASE CONTACT:
Ian D. Lambert, CEO/President (604) 648-6225
Colin Robson, Investor Relations Toll Free (866) 698-9187 ext 231 or (604) 648-6223
Email: info@tradewindsventures.com
Visit our Website at www.tradewindsventures.com
