Las Vegas, Nevada, October 18, 2005, Aberdene Mines Limited (the 'Company' or 'Aberdene') (OTCBB: ABRM) is pleased to announce the initial results from the New York Canyon project located in the southeastern portion of Mineral County, Nevada, thirty miles east of the county of Hawthorne. The Company is also pleased to report that Mr. Melvin L. Klohn, M.Sc, Geologist, has been retained to prepare a National Instrument 43-101 compliant technical report on this property.
New York Canyon Exploration Results
The Company has received positive assay results on the first five holes, on this phase of its drill program on its Longshot Ridge ("LSG") oxide zone, with an additional sixteen holes still awaiting assay results. (Results are listed below)
The objective of this drill program is to validate results from past exploration work, (which confirmed the existence of a copper oxide mineralized zone on Longshot Ridge), define and delineate the deposits on the New York Canyon property to meet the requirements of a NI 43-101 report which is expected to be completed by early 2006.
Currently, two drills are operating on the Longshot Ridge ("LSR") zone which is predominantly copper oxide mineralization, consisting mainly of chrysocolla with lesser amounts of malachite, copper wad and azurite mineralization. The LSR zone is amenable to open pit mining and heap leach (SX-EW) extraction.
The drill program, which commenced late August, has to date completed twenty holes totaling 8,584 feet, comprising 2,399 feet of core drilling in four holes, and 6,185 feet of reverse circulation drilling in sixteen holes. Drill samples are shipped to American Assay Laboratories Inc. on a daily basis.
Results of the first five holes to date are as follows:
Drill Hole #05-03 - (An infill hole between two wide spaced holes located northwest of the LSR deposit which is still open in that direction.)
From, ft. To, ft. Footage Cu 0 ft. 240 ft. 240 ft. 0.498% Incl. 125 ft. 225 ft. 100 ft. 0.807%
Drill Hole #05-08 - (An infill hole between two wide spaced holes.)
From, ft. To, ft. Footage Cu 0 ft. 310 ft. 310 ft. 0.465% Incl. 185 ft. 310 ft. 125 ft. 0.853%
Drill Hole#05-09 - (An infill hole between two wide spaced holes northwest of the zone.)
From, ft. To, ft. Footage Cu 0 ft. 160 ft. 160 ft. 0.249% Incl. 115 ft. 160 ft. 45 ft. 0.675%
Drill Hole #05-10 - (An infill hole between two wide spaced holes northwest of the zone.)
From, ft. To, ft. Footage Cu 0 ft. 165 ft. 165 ft. 0.279% Incl. 115 ft. 165 ft. 50 ft. 0.701%
Drill Hole #05-11 - (An infill hole on the west side of the zone.)
From, ft. To, ft. Footage Cu 0 ft. 340 ft. 340 ft. 0.695% Incl. 170 ft. 340 ft. 170 ft. 1.114%
National Instrument 43-101 Geology Report
The National Instrument 43-101 Geology Report will be completed by Mr. Klohn, M.Sc. a Washington State Licensed Geologist who is also a member of the Society of Economic Geologists, the Society of Mining Engineers and the Canadian Institute of Mining, Metallurgy and Petroleum. Mr. Klohn is an independent Qualified Person as defined by National Instrument 43-101. Mr. Klohn's work experience includes five years as Vice President, Exploration for Yamana Gold Inc. and over 25 years working for Exxon in a variety of positions including Senior Research Specialist, Senior Staff Geologist and Senior Exploration Geologist. Mr. Klohn currently provides senior-level consulting for various mid-tier and junior company clients for gold, polymetallic and industrial mineral deposits throughout the world including the USA, Canada, Nicaragua, and South America. Mr. Klohn obtained his Masters of Science, Geology, from the University of Oregon.
Mr. Klohn's report will review, update and recalculate, in compliance with the requirements of National Instrument 43-101, historical and current resource estimates.
For further information on Aberdene Mines Limited please visit our website at www.aberdenemines.com.
Aberdene Mines Ltd.'s New York Canyon Property is located in the New York Canyon area, Mineral County, Nevada. The Company has, under option from Nevada Sunrise LLC, the rights to explore both the unpatented and patented mineral claims representing approximately 8,926 acres comprising the New York Canyon Copper Project. The project is regionally located south of the old mining district of Santa Fe in the southeastern part of Mineral County, Nevada. The deposit, which is located seven miles east of the village of Luning and 32 road miles from the town of Hawthorne, hosts significant oxide and sulphide copper bearing mineralization outlined by past historic work on the property. Aberdenes current planned program is designed to validate and enlarge the previously outlined resource to enable it to meet the requirements for a subsequent NI 43-101 report to commence later this year.
Aberdene has successfully completed its first year commitment to acquire 100% of the New York Canyon project from Nevada Sunrise LLC, and the current program is expected to complete the second year work commitment prior to year end.
On behalf of the Board of Directors,
ABERDENE MINES LTD.
Brent Jardine, President
For more information contact:
Brent Jardine, President
T: (800) 430-4034
Head Office Contact :
101 Convention Centre Drive Ste. 700
Las Vegas, Nevada 89109
T: (702) 939-5389
F: (702 221-0904
Disclaimer: This Press Release may contain, in addition to historical information, forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements are identified by their use of terms and phrases such as "believe," "expect," "plan," "anticipate" and similar expressions identifying forward-looking statements. Investors should not rely on forward-looking statements because they are subject to a variety of risks, uncertainties and other factors that could cause actual results to differ materially from Aberdene Mine's expectations, and Aberdene Mines expressly does not undertake any duty to update forward-looking statements. These factors include, but are not limited to the following, the ability to further develop mineral exploration properties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward- looking statements.