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Vol 215500
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Date 05-13-2008
Time 15:53
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THE ROZAN PROJECT
British Columbia, Canada

oPhotos Rozan
oMaps Rozan


Emgold entered into an option agreement to acquire the rights to the Rozan Property, a gold prospect, located south of the community of Nelson in the Red Mountain area of southeastern British Columbia. The Rozan Property is located west of and adjacent to the new Gold Mountain Zone gold discovery on the Kena property held by Sultan Minerals Inc.

The Rozan property was initially discovered and subsequently explored for gold by prospectors since 1928. A small mining operation yielded 115 tons containing 127 ounces of gold with small amounts of silver, lead and zinc. Previous work on the property includes prospecting, geological mapping and geochemical sampling. Geochemistry surveys have defined an extensive high grade gold soil anomaly that covers an area greater than 1000 meters by 1500 meters nearly all on the south side of Red Mountain with indicator elements anomalous in arsenic, tungsten, molybdenum, copper, bismuth, iron, barium and others metals. The anomaly as currently understood is open to the southeast.

Since optioning the Rozan property, Emgold has made a new discovery for the Company, termed the Flying Dutchman Zone, which is located approximately 1.6 kilometers east of the Rozan "Main Vein." The Flying Dutchman zone was drill tested by Emgold with 2 diamond drill holes in 2000. Hole 00R0Z-01 returned 1.45 g/t gold over 4.1 meters and hole 00ROZ-02 returned 60.73 g/t gold over 0.25 meters.


Historic reports and maps show that this area lies within altered Elise volcanic rocks and is crossed by numerous large quartz veins. The attached map shows the locations of 12 quartz veins which range in width from 0.8 to 6.1 meters (2.7 to 20.0 feet) and have strike lengths of up to 1590 meters (5250 feet).

Data compiled from Minister of Mines and other reports state: "Samples from the upper adit on the Flying Dutchman average 2.5 g/t gold over 3.9 meters vein width. The lower adit vein varies from 0.5 to 2.1 meters wide and gold assays are: 0.9 meters of 0.7 g/t; 0.9 meters of 1.4 g/t, 1.5 meters of 9.9 g/t; 1.1 meters of 3.7 g/t; 1.4 meters of 2.4 g/t; and 0.5 meters of 10.5 g/t. A narrow pyrite vein (20 centimeters wide) on the Skookum Bay claim assayed 27.2 g/t gold."

Emgold is proposing an exploration program consisting of detailed mapping, chip sampling and soil geochemical surveying over the historic workings and other areas of interest on the Rozan Property.  

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