MONTREAL, May 21 /PRNewswire-FirstCall/ - Campbell Resources Inc. (TSX:
CCH, OTC Bulletin Board: CBLRF) today reported that its ongoing drilling
program at the Copper Rand mine has the vertical continuity of higher-grade
mineralized ore that run parallel and approximately 500 feet south of the main
ore body. This ore zone was developed and mined on the 4,690 foot level, to a
height of 60 feet, in first quarter of 2008.
"Our drilling results at Copper Rand continue to be extremely
encouraging," said Andre Fortier, Campbell's President and Chief Executive
Officer. "Results to date confirm the presence of material grading more than
4% Cu (non-diluted) and will allow the on-going development of this zone.
These latest results of our exploration program-coupled with the confirmation
of the expansion of a mineralized zone at the 4850 level that the Company
reported on May 1st of this year-underscore the potential of the Copper Rand
mine."
Hole 469 R 153, 225 feet above level 4690, has a core length of 13.1 feet
(true width: 5.4 feet) and returned cut grades of 4.72% Cu and 0.118 oz. Au/t.
Hole 469 R 154, 154 feet above level 4690, has a core length of 10.6 feet
(true width: 6,8 feet) and returned cut grades of 4.92% Cu and 0.030 oz. Au/t.
Hole 469 R 155, 92 feet above level 4690, has a core length of 8.3 feet (true
width: 6.6 feet) and returned cut grades of 3.99% Cu and 0.054 oz. Au/t. Hole
469 R 158A, 172 feet above level 4690 and 45 feet west of first three holes,
has a core length of 16.1 feet (true width: 8.3 feet) and returned cut grades
of 4.20% Cu and 0.052 oz Au/t.
Campbell will continue drilling in the area to further define the vertical
and horizontal extent of this mineralized zone and to establish estimated
yield.
The qualified person, Valere Larouche, eng.-geologist, is the Chief
Geologist for Campbell Resources Inc. Analysis was conducted at the Campbell
Resources laboratory in Chibougamau, Quebec.
Campbell Resources Inc. concentrates on the development and exploitation
of copper and gold mining properties in the Chibougamau region of Quebec. The
geographical grouping of its operations allows the Company to realize
economies of scale and to focus development within access to existing
infrastructures. Campbell's main operations include the Copper Rand and
Merrill mines, the Corner Bay project and the Copper Rand mill. The Company's
headquarters are located in Montreal, Quebec.
Certain information contained in this release contains "Forward-Looking
Statements" within the meaning of the Private Securities Litigation Reform Act
of 1995 and is subject to certain risks and uncertainties, including those
"Risk Factors" set forth in the Campbell's current Annual Report on Form 20-F
for the year ended December 31, 2007. Such factors include, but are not
limited to: differences between estimated and actual mineral reserves and
resources; changes to exploration, development and mining plans due to prudent
reaction of management to ongoing exploration results, engineering and
financial concerns; and fluctuations in the gold price which affect the
profitability and mineral reserves and resources of Campbell. Readers are
cautioned not to place undue reliance on these forward-looking statements,
which speak only as of the date hereof. Campbell undertakes no obligation to
release publicly any revisions to these forward-looking statements to reflect
events or circumstances after the date hereof or to reflect unanticipated
events or developments.
SOURCE CAMPBELL RESOURCES INC.