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Adventure Gold Begins Drilling on Highway Zone, East of Val d'Or


Published on 2009-11-04 06:26:02 - Market Wire
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MONTREAL, QUEBEC--(Marketwire - Nov. 4, 2009) - Adventure Gold Inc. (TSX VENTURE:AGE) (the "Company"), is pleased to announce the start of a 1,500 meter drill program on the Pascalis-Colombiere property. This property is 100% owned by the Company and is located 35 km ENE of Val d'Or in the Abitibi region of Quebec. This six-hole drill program follows the positive drill results from the prior drill program on the Highway Zone (see press release dated June 9th, 2009).

The primary objective of this drill program is to verify the economic potential of the near-surface, lateral extensions of the gold mineralization intersected by drill-hole PC-09-04 which returned values up to 6.1 g/t Au over 2.6m, included in a cut of 1.7 g/t Au over 15.2 m at a depth of 8 meters. The secondary objective is to verify the lateral extensions, between the depths of 130m and 160m, of the gold mineralization intersected by drill-hole PC-09-05 which returned values of 9.9 g/t Au over 2.4m and 5.5 g/t Au over 3.8m, included in a cut of 3.2 g/t Au over 14.2 m.

The Highway Zone, located 1.2 kilometers north-west of the former producer Lucien C. Beliveau Mine (167,000 ounces of gold produced, Cambior 1993), is characterized by an important gold system with a thickness of over 120 meters. This system is comprised of several gold zones strongly inclined towards the south where the thickness may attain over 20 meters. This system is characterized by zones of alteration of silica and carbonates which are generally strongly pyritized and associated with quartz-tourmaline vein networks.

"This drill program will allow us to further define the near-surface Highway Zone gold system, leading to a resource calculation and the Highway Zone's economic potential. Following positive drill results and the permitting process, an open-pit could be producing in the near future," stated Jules Riopel, Vice-President Exploration and Acquisitions, Adventure Gold Inc.

Corporate Presentation

Investors are invited to visit the Company's website at: [ www.adventure-gold.com ] to review the latest corporate presentation, which includes pertinent company information and project updates.

Jules Riopel P.Geo. Vice-President Exploration and Acquisitions, who acts as the Company's "Qualified Person" as defined by NI 43-101, has reviewed this press release and will supervise the drill program.

Profile:

Adventure Gold Inc. is a mining exploration company focused on discovering high quality gold deposits in the Abitibi greenstone belt located in north-west Quebec and north-east Ontario - one of the richest gold deposit areas in the world. Adventure Gold holds quality assets in Val-d'Or, Timmins West as well as along the Casa-Berardi-Cameron and Detour Lake Gold Breaks. The Company is led by a determined management and technical team with extensive exploration and mine production experience.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.