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Tradewinds Ventures Financial News
Northrock Summer Drilling Program Completed on Trade Winds' Turner Lake Option, Nunavut
Vancouver, B.C., September 25, 2008 – Trade Winds Ventures Inc.
(TSX-V: TWD; FSE: TVR) is pleased to report that Northrock Resources
Inc. (“Northrock”) has completed the 2008 summer work program on the
Turner Lake Option in Nunavut, Canada.
Northrock can earn a 65%
interest in the Turner Lake project from Trade Winds by spending $1
million in the first year and issuing 150,000 shares. Northrock can
earn an additional 10% by spending a further $500,000 and issuing an
additional 250,000 shares. Northrock is a former wholly owned
subsidiary of Rockgate Capital Corp. and is currently completing the
process of listing on the TSX Venture Exchange.
The Turner Lake
2008 program included surface exploration and a 21 diamond drill hole
program totalling 2,913 metres which was completed on September 16,
2008, with all samples submitted for analysis. The primary focus of the
program was the Main Gold Showing, on which 16 diamond drill holes were
completed with 14 of the holes testing the gold zone. (Two holes were
not completed due to technical reasons).
The Main Gold Showing
was explored by Chevron Minerals in the 1980’s’ with mineralization
being traced on surface for 500 meters and tested to 100 metres depth.
Historical diamond drilling and surface sampling results include 28.0
g/t Au over 4.75 m, 12.86 g/t Au over 8.87 m and 15.20 g/t gold over
4.00 m (non NI 43-101 compliant data). Coarse visible gold commonly
occurs throughout the zone.
In addition, to the exploration of
the Main Gold Showing, Northrock completed 5 drill holes on the Nickel
Knob Cu, Ni, Au, Pt, and Pd target, located approximately 2 kilometres
south of the Main Gold Showing within the Turner Lake Option. Zones up
to 10 meter thickness of semi-massive to massive sulphides were
intersected in the drilling with assay results due by November 2008.
Mr.
Lorne Warner, P. Geo, Director and VP Exploration of Northrock
Resources Inc. is the Qualified Person for the project as defined under
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 223 or (604) 648-6223 Email: info@tradewindsventures.com Visit our Website at www.tradewindsventures.com
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