NEWS RELEASES

March 15, 2010
Vancouver, British Columbia

February 2010 Diamond Drilling Summary – Dome Mountain Project

Diamond drilling performed during February of 2010 on Dome Mountain project included 10 holes. Two holes (DM-10-055 and DM-10-056) were planned as condemnation drilling in the area of a proposed tailings pond, approximately 1300m northeast of 1290m (Lower) Portal. The other eight holes (DM-10-047 to DM-10-054) were exploration holes, designed to test for the extension of the Boulder Footwall vein structure found in Dome Mountain Mine. Collar locations lie within the planned sedimentation pond, approximately 150m to 300m east of 1290m (Lower) Portal. Totals are tabulated below.

Individual drillhole information is listed below. Locations are by GPS and topographic map.

Exploration Drilling

Exploration drillholes DM-10-048 to DM-10-054 all hosted quartz-carbonate-sulphide veins associated with a fault, of type similar to Dome Mountain Mine. No vein was seen in DM-10-047. Targets were laid out over 50m vertical spacing on sections 60m apart. No assays have been received to date.

The best visible results were observed on the western-most cross-section, approximately 300 metres east of the nearest mine workings and 150 east of intersections from previous drilling. The top hole, DM-10-053 intersected three separate veins, 0.8m, 0.2m and 0.5m thick. The middle hole DM-10-054 intersected a group of four veins over a core length of 10.3m. One of the veins appeared subparallel to core, but the other three veins showed thicknesses of 0.9m, 0.5m and 0.3m. The 0.5m vein of DM-10-055 and 0.9m vein of DM-10-054 line up on a subvertical trace with the single 0.3m intercept of the lowest hole DM-10-051. These intercepts represent a vertical vein extent of 140m, or 200m from surface.

In the central cross-section, hole DM-10-050 hosted veins 0.7m and 0.3m wide over 3.0m core length. This correlates well on a subvertical trend with a 0.2m vein in DM-10-052, 45m lower. DM-10-047 stopped short of the conceptual vein location, projected down from intercepts in the above two holes. It was the first hole drilled.

On the eastern-most cross-section, hole DM-10-048 intersected a broken breccia zone containing vein material over 0.6m. DM-10-049 displayed two sections of minor veining, but contained four sections from which significant core was lost.

Results from February 2010 drilling are encouraging indication of the extension of subvertical Boulder Footwall vein from historic mine workings. Follow-up diamond drilling is warranted on targets 20m apart vertically, on 20m-spaced sections. Focus should be the area of the western-most cross-section. This drilling should be accomplished before the sedimentation pond is established, and opportunity lost to use for drill platforms.

Condemnation Drilling

Condemnation drilling in the area of a proposed tailings pond did not produce economically-interesting results. Hole DM-10-055, collared near the road crossing of Camp Creek, intersected a 0.5m quartz vein containing minor sulphides. This vein did not lie in the projected structure below Camp Creek. DM-10-055 did not intersect any veins. These holes demonstrate the low potential of economic mineralization below the proposed tailings pond.

Quality Control/Quality Assurance consisted of inserting standards, blanks and duplicates into the sample stream.

Daryl Hanson, P.Eng. is contracted as a consultant to the company and acted as the company's Qualified Person, as defined by National Instrument 43-101 during the drilling program, and has reviewed and approved the full contents of this news release.