Comcorp Ventures Inc. (the “Company”) today announced that it has completed a program of
excavator trenching and geophysics on the Royal Attwood property, situated 8 kilometres southeast
of the former Phoenix copper-gold skarn deposit in Southern B.C. Exploration to date on the Royal
Attwood property has been directed at copper-gold skarn mineralization at the Wolfard showing.
Seven trenches, totalling 455 lineal meters, were dug. Trenching showed that the skarn
mineralization occurs as a relatively flat lying, 1 to 3 meter thick blanket above or adjacent to a large
granodiorite plug and/or above a feldspar porphyry sill. Large portions of the skarn blanket have
been removed by erosion, and only remnant scabs of the mineralized blanket remain in the Wolfard
area. Copper values were consistently elevated within the skarn, averaging 0.46% Cu, however
mineralization has a limited extent and gold and silver values are generally low.
Near the lower Wolfard adit, trenching uncovered a north trending, steeply dipping zone of
epithermal quartz veinlets and hydrothermal breccia. The zone exceeds 3 meters in width and is
comprised of grey silica veinlets and hydrothermal breccia with bleached, argillic altered feldspar
porphyry clasts in a grey silica matrix. Although samples from the epithermal zone failed to return
anomalous gold or silver values, regionally, epithermal quartz veins and breccia zones are an
important source of gold mineralization in the district. The Company believes further exploration is
warranted for this type of mineralization.
Ten line kilometres of 2D induced polarization and ground magnetometer survey was completed on
the property during 2004, under contract by Scott Geophysics of Vancouver. A strong, north
trending chargeability high/resistivity low was identified in the southeastern part of the grid which in
part corresponds to the epithermal zone uncovered during trenching. This anomaly is 950 metres
long, open to the south, and corresponds with an abrupt change in the magnetic response. It likely
represents a north-trending fault zone and may be particularly significant given its relationship to the
epithermal zone uncovered during trenching. The strongest portion of the anomaly is situated
several hundred meters south of the trenched zone, in an area with no previous exploration. This is
a high priority for follow-up. Several other chargeability anomalies were also identified by the 2004
program that similarly require follow-up.
The work program was under the supervision of independent consulting geologist Linda Caron,
M.Sc., P.Eng, a qualified person as defined by National Instrument 43-101, who has also reviewed
and approved this disclosure. More detailed information on the Company’s Royal Attwood Property
and work done thereon is disclosed in a technical report prepared by Ms. Caron, a copy of which is available for review by interested parties at www.sedar.com.
The Company is now reviewing the results of the 2004 work program and possible areas identified
for follow up exploration to determine what exploration activity should be next undertaken on this
COMCORP VENTURES INC.
This press relapse may contain forward looking statements, including statements regarding the
business and anticipated financial performance of the Company, which involve risks and
uncertainties. These risks and uncertainties may cause the Company’s actual results to differ
materially from those contemplated by the forward-looking statements. Readers are cautioned to
consider the risks and uncertainties disclosed in the Company’s financial statements and other
public filings, which may be viewed by interested persons at www.sedar.com.
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or
accuracy of this release.