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Assay Results from Buchans Minerals' Lundberg Drilling Confirm Thick Mineralization

Buchans Minerals Corporation (BMC.V) reported today the remaining assays from the recently completed drilling program on the Lundberg and Engine House base metal deposits in Buchans, central Newfoundland, Canada.

The company said results for the final seven 7 holes of the program confirm thick mineralization extending to depth within the resource's northwestern area while also confirming the resource extends further east than previously interpreted, with 2 shallow step-out holes intersecting the zone beneath overburden east of the known resource.

BMC is unchanged at $0.045, slightly above year low $0.025.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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