WSR-Metalex-Arctic Star Joint Venture Announces a Correction on the Hole 5.01-09 Co-Ordinates in Press Release Dated June 16, 20
June 16 2008 - 12:47PM
Marketwired Canada
Metalex Ventures Ltd. (TSX VENTURE:MTX) ("Metalex"), WSR Gold Inc. (TSX
VENTURE:WSR), and Arctic Star Diamond Corp.'s (TSX VENTURE:ADD) ("Arctic Star")
announce that there was an error in their press release dated June 16, 2008. The
co-ordinates of Hole 5.01 -09 were misstated at 1+50E, 0+00N. The actual
co-ordinates of the hole are 1+50E, 1+00N. This is a significant step out from
the previously released Hole 5.01 -06 (see press release dated June 4, 2008)
showing growth and continuity over a 50 meter step out to the north of hole 5.01
-06.
The table should have read as follows:
---------------------------------------------------------------------------
Location Hole Mineralization
-------------------------------------------------------------
Hole E.ing N.ing Dip Az EoH From To Width Visual
No Description of
Mineralization
-------------------------------------------------------------
meters meters meters
---------------------------------------------------------------------------
---------------------------------------------------------------------------
Minor iron,
copper
5.01-09 1+50E 1+00N -60 180 249.7 42.0 103.5 61.5 sulphides
---------------------------------------------------------------------------
Semi-massive,
iron, copper,
zinc
103.5 154.0 50.5 sulphides
---------------------------------------------------------------------------
Iron,
copper,
zinc
154.0 183.8 29.8 sulphides
---------------------------------------------------------------------------
Semi-massive
iron,
copper, zinc
183.8 201.2 17.4 sulphides
---------------------------------------------------------------------------
Near-massive
iron,
copper
201.2 235.4 34.2 sulphides
---------------------------------------------------------------------------
The anomaly 5.01 Project is managed and operated by Metalex for the Joint
Venture partners under supervision of Dr. Charles Fipke, Chairman of Metalex.
Dr. Fipke and John Harvey, P.Eng, a consulting geologist for WSR, prepared this
release.
John Archibald, P.Eng. and a Qualified Person, has reviewed the drill core and
confirms the visual descriptions described herein. Assay results are pending for
all holes completed to date.
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