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 November 17, 2008
Logan Resources Begins Drilling on Brynnor Iron Project, Vancouver Island

 

Vancouver, B.C. - November 17, 2008 - Logan Resources Ltd. (TSXV:LGR)(the "Company") is pleased to announce that it has received the permit to begin drilling the Brynnor Iron project, located on its 100%-owned Redford Property, Vancouver Island, British Columbia.  Crews mobilized over the weekend and drilling has now started.  The Company plans to complete 6,200 metres of diamond drilling in 20 holes.  D.J. Drilling Ltd. has been contracted to provide drilling services and will have three drill rigs in operation.

 

Initial resource estimates on the Brynnor deposit determined measured plus indicated mineral resources of 7,070,000 tonnes grading 51.3% iron containing 5,750,000 tonnes of iron concentrate grading 63.7% iron; and inferred resources of 18,620,000 tonnes grading 51.3% iron, containing 15,140,000 tonnes of iron concentrate grading 63.7%.  For further details, please refer to the Sept. 9, 2008 news release.

 

The objective of the drilling program is to upgrade all or a portion of the current indicated and inferred resources to the measured and indicated resources and to increase the inferred category at depth and along strike.

 

Mr. Peter George, P.Geo., as a consultant to the Company is the Qualified Person for the project and is responsible for the content of this press release.

 

Logan Resources Ltd. is a mineral exploration company that specializes in acquiring, exploring and advancing Canadian mineral properties. The Company has a diversified portfolio of precious metal, base metal and uranium projects. For more information on the property portfolio and the Company, please visit www.loganresources.ca, www.sedar.com and www.sec.gov websites.

 

ON BEHALF OF THE BOARD

 

"Seamus Young"

 Seamus Young

 President and CEO

                                                   

For Further Information Please Contact:

Earl Hope, Investor Relations, 604-689-0299 x 232

Seamus Young, President and CEO, 604-689-0299 x223

 

Statements contained in this news release that are not historical facts are forward-looking statements, which are subject to a number of known and unknown risks, uncertainness and other factors that may cause the actual results to differ materially from those anticipated in our forward looking statements. Although we believe that the expectations in our forward looking statements are reasonable, actual results may vary, and we cannot guarantee future results, levels of activity, performance or achievements.

 

This news release does not constitute an offer to sell or a solicitation of an offer to sell any of the securities in the United States.  The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from registration is available.

 

The TSX Venture Exchange has neither approved or disapproved the information contained herein.

 

 
 

You can view the Next Property News item: Wed Nov 26, 2008, Logan Resources Initial Drilling Results Confirm Historic Results on Brynnor Iron Project, Vancouver Island

You can view the Previous Property News item: Tue Sep 9, 2008, Logan Announces Initial Resource Estimate and Preliminary Economic Assessment for its Brynnor Iron Deposit, Redford Property, Vancouver Island, B.C.

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