September 4, 2008
Shoreham Resumes Program at Marudi Mountain Gold Project, Guyana
TORONTO, ONTARIO--(Marketwire - Sept. 4, 2008) - Shoreham Resources Ltd. or ("Shoreham") (TSX VENTURE:SMH), a Canadian based exploration company dedicated to the exploration of advanced precious metal and polymetallic deposits in South America and Canada, is pleased to announce further developments regarding its Marudi Mountain Gold Project. Shoreham has the right to earn a 75% working interest in the Property by exercising an option to acquire 75% of the shares of Romanex Guyana Exploration Ltd. (holder of 100% of the project) held by Vannessa Ventures Inc. (now Infinito Gold Corp. (TSX VENTURE:IG)) by investing a total of $4,000,000 in qualified exploration and development work within four years.
After a hiatus in work during the rainy season, Shoreham's field team resumed an active program of trenching and mechanized auger (Trado) drilling in the Marudi Mountain Gold Project, Guyana on August 22, 2008. The initial fieldwork is concentrating on expansion of the Mazoa Hill optimized open pit-area from Vannessa's preliminary feasibility study. The new expansion targets were identified in the Company's early 2008 field program of geological mapping, sampling, Trado drilling and follow-up on artisanal mine workings. Field tests (panning of 6kg crushed samples of saprolite) confirm the presence of significant gold concentrations in the new trenches. These trench samples are being expedited to the laboratory for analysis on a priority basis to support timely disclosure and diamond drill program planning.
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