
News release via Canada NewsWire, Toronto 416-863-9350
Attention Business Editors:
Cogitore Resources Inc. Announces the Start of the Drilling Program on the Lemoine Project
TORONTO, September 7/CNW/ - COGITORE Resources Inc. (the "Company") (WOO: TSX-V) is pleased to announce the commencement of its 2006 exploration drilling program on the Lemoine property (the “Property”).
One drill rig has mobilized and is currently in operation on the Property where the Company plans to drill about 5,700 metres. The drill program will be focused along the Lemoine horizon and on a new potential horizon located to the north of the former producing Lemoine mine. The main drilling areas are in the vicinity of holes LEM-47 and LEM-49 in which encouraging sulphide mineralization and hydrothermal alteration were discovered in late 2005, including 1.77% Zn over 9.0 metres in LEM-47 and 1.18% Zn over 7.0 metres in LEM-49 (see Press releases of November 17 and December 7, 2005).
In addition to the drilling program, the Company has signed a contract with Quantec Geoscience to carry out a TITAN 24 Deep Earth Imaging survey over 3 selected areas along the Lemoine Mine horizon. TITAN 24 is designed to detect deep-seated mineralized zones to depths beyond 700-1000 metres. The survey is planned for early October.
The Company has also advised Inmet Mining that it has now fully earned half of Inmet’s 60% interest in Lemoine. Combined with the 40% interest recently purchased from Lounor Exploration (Press release of May 30, 2006), Cogitore now owns a 70% interest in the project. Inmet has subsequently declined to participate in the 2006 program and, accordingly, the Company’s interest in Lemoine will further increase.
In the meantime, drilling continues on the new VMS discovery at the Scott Lake project with one drill rig, and the Company is attempting to contract for a second drill rig for the project. The Lemoine and Scott Lake properties both enclose laterally extensive segments of the Waconichi Formation over 17 km and 20 km of strike length respectively. More details on the Lemoine and Scott Lake projects are available on the Company’s web site at www.cogitore.com
The Company has developed a strategic focus on base metal exploration in prospective areas that also feature infrastructure favourable for mining development. Accordingly, it will focus its work in the Abitibi Belt of Quebec and Ontario, and in the Central Belt of Newfoundland.
On Behalf of the Board of Directors:
Gérald Riverin, President
Telephone: 819-764-6666
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
SEDAR: 00020132E. CNW 07-SEP-06 ©2006 Cogitore Resources Inc.