24 January 2011

2011-01-24 12:17 ET - News Release

Mr. Wolf Wiese reports

GOLDEN DAWN MINERALS INC. INTERSECTS 55.7 M GRADING 0.39G/T GOLD, 0.04% COPPER WITHIN BROAD GOLD-COPPER ZONE, GREENWOOD MINING DISTRICT, BC, CANADA

Golden Dawn Minerals Inc. has released excellent results from three additional diamond drill holes in the continuing drill program on the Wild Rose-Tam O'Shanter properties in the Greenwood mining district. Previously announced holes 10WR01 to 10WR03 were drilled at the Wild Rose property targeting the Wild Rose and Wild Cat vein zones, and were reported upon in a Golden Dawn news release in Stockwatch dated Jan. 12, 2011. As reported here, holes 10WR04 and 10WR05 are step-out drill holes that have targeted the northwest strike extent of the Wild Rose and Wild Cat vein zones as well as the wide, low-grade, bulk-tonnage gold-copper zone known as the Deadwood zone along strike to the northwest. Drill hole 10WR06 was drilled approximately 400 metres northwest of hole 10WR05 and the Wild Rose/Wild Cat vein zones, and targeted the Deadwood zone.

Holes 10WR04 and 10WR05 intersected narrow semi-massive sulphide and quartz vein zones that are likely the extension of the Wild Rose veins system and yielded grades of up to 5.38 grams per tonne (g/t) gold (Au) across 1.1 m core length (in hole 10WR04) and 1.85 g/t Au across 1.87 m core length (in hole 10WR05). Both holes were drilled northwest of any known mineralization associated with the Wild Rose and Wild Cat vein systems extending the Wild Rose vein system at least 40 m to the northwest. In addition to the higher-grade vein zones intersected in these two holes, both holes intersected wide low-grade mineralization with up to 0.32 g/t Au across 31.29 m core length (in hole 10WR04) that is likely part of the bulk-tonnage target Deadwood zone which is approximately 400 m along strike to the northwest. Summary results from holes 10WR04 and 10WR05 are presented in the attached table.

Hole 10WR06 has extended the known gold-copper mineralization associated with the Deadwood zone reported from historical drilling in the area and has confirmed the widespread nature of the mineralization as well as extending the higher-grade zone reported in historical hole 92-27 drilled in 1992. The intersection in 10WR06 lies within a target zone, the Deadwood zone, of about 200 metres in width and exceeding 2,000 metres in length. Mineralization in the latest hole, 10WR06, is predominantly hosted in an altered and brecciated diorite along with hornfelsed sediments and extends from the surface to a total depth of the hole at 182.88 m core length. Altered diorite with sulphide mineralization yields up to 0.19 g/t Au and 0.02 per cent copper (Cu) across 162.33 m core length in what appears to be porphyry-style Au-Cu mineralization. The main Deadwood zone yields up to 0.39 g/t Au and 0.04 per cent Cu across 55.7 m core length. The summary results for 10WR06 are also presented in the attached table. The summary results for the historical drill hole 92-27 are included for comparison.

Hole 10WR-06 was drilled approximately 40 m along strike to the northwest of historical hole 92-27, and confirms the presence and continuity of the bulk-tonnage Au-Cu Deadwood zone. The expanded drilling program, due to commence late January, is expected to continue testing this substantial zone.

 

     SUMMARY ASSAY RESULTS FOR DRILL HOLES 10WR01 TO 10WR06
                     PLUS HISTORIC HOLE 92-27

Drill     Zone   From(m) To(m) Interval(m) Au(g/t) Ag(g/t) Cu %
hole

10WR04  Deadwood1  7.5    37.5     30.0      0.11     -    0.01
        Deadwood2 58.83  90.12    31.29      0.32          0.01
        Wild Rose  77.9   83.0     5.1       1.61    3.11  0.09
        Includes   77.9   79.0     1.1       5.38    5.94  0.22
10WR05  Deadwood1 17.07  40.25    23.18      0.13     -    0.02
        Deadwood2 64.18   98.0    33.82      0.15     -    0.03
        Wild Rose  93.0   98.0     5.0       0.79    2.15  0.08
        Includes  94.83   96.7     1.87      1.85    4.43  0.16
10WR06  Porphyry   7.32  169.65   162.33     0.19     -    0.02
        Deadwood   88.5  144.2     55.7      0.39     -    0.04
        Includes   99.0  144.2     45.2      0.43     -    0.04
        Includes   99.0  102.0     3.0       1.60    72.9  0.03
        Includes  141.6  144.2     1.90      3.01    3.10  0.16
        Includes  142.36 142.75    0.39     11.86    3.60  0.07
10WR01* Deadwood   21.5  52.15    30.65      0.19     -    0.06
        Wild Cat  28.95   31.5     2.55      1.47    2.5   0.62
10WR02* Deadwood1  4.27   26.0    21.73      0.17     -    0.01
        Unknown    9.75   10.5     0.75      2.88     -    0.01
        Deadwood2  43.0   61.0     18.0      0.98     -    0.03
        Wild Cat   43.0   48.0     5.00      3.43     -    0.1
        Includes   44.4   46.1     1.7       9.57     -    0.21
        Includes   45.0   45.5     0.5      22.06    7.8   0.58
10WR03* Deadwood2 20.75   39.5    18.75      0.08     -    0.01
        Wild Rose 35.66   38.4     2.74      0.21     -    0.04
92-27** Deadwood  86.48  163.98    77.5      0.74     -    0.04
        Includes  100.82 163.98   63.16      0.85     -    0.05
        Includes  100.82 136.45   35.63      1.25     -    0.07
        Includes  115.3  115.45    0.15     134.2     -    -

*Previously reported in Stockwatch, Jan. 12, 2011
**Historic diamond drill hole completed in 1992 by Minnova Inc.

 It is most encouraging that drilling to date on the program has encountered significant gold-copper mineralization of widespread low-grade nature along with higher-grade vein material within the lower-grade halos. The reader is referred to the company's website for a PowerPoint and video presentation illustrating the historical drilling and the target zone for current drilling activity.

Phase 1 of the 16-hole program is expected to continue with the drilling of an additional 10 holes within next few days. The reader is cautioned that historical drilling results are being confirmed by current drilling, and such historical results cannot be relied upon until reconfirmed. There are no known mineral resources on the property, and there can be no assurance that any mineral resources will be discovered on the property , and if discovered, there is no assurance that any mineralization may be economically extracted.

The information in this release has been reviewed on behalf of the company by consultants Dr. Stewart A. Jackson, PGeol, and Mike Dufresne, MSc, PGeol, qualified persons. The program is being supervised by Mr. Dufresne of APEX Geosciences Ltd.

12 January 2011

http://wp.goldendawnminerals.com/
Golden Dawn Minerals Inc. produces video for their Greenwood Area projects that includes the Tam O'Shanter property that was recently optioned by Golden Dawn Minerals Inc. from Kettle River Resources Ltd.

11 November 2010

November 8, 2010: Kettle River Resources Ltd. is pleased to announce it has concluded an agreement with Golden Dawn Minerals Inc. to option 100-per-cent interest in the Tam O'Shanter gold-copper prospect in the historic Greenwood Mining District, British Columbia, Canada. The option acquisition requires Golden Dawn to make cash payments totalling $230,000, issue of 1.5 million shares of common stock in Golden Dawn Minerals Inc. and work commitment of $2-million over four years. The property is subject to a 3-per-cent net smelter return royalty retained by Kettle River Resources Ltd. and gives Golden Dawn the option to repurchase 2-per-cent NSR royalty for $3-million.

The agreement is subject to the TSX Venture Exchange approval.

ON BEHALF OF THE BOARD

“Signed”
Ellen Clements,
President and Chief Executive Officer

For further information contact Ellen Clements 1 800 856-3966

Caution Regarding Forward-Looking Statements -- This news release may contain certain forward-looking statements, including statements regarding the business and anticipated financial performance of the Company. These statements are subject to a number of risks and uncertainties. Actual results may differ materially from results contemplated by the forward-looking statements. Factors that could cause actual results to differ materially from those in the forward-looking statements include unsuccessful exploration results, changes in metal prices, changes in the availability of funding for mineral exploration and development, unanticipated changes in key management personnel and general economic conditions. When relying on forward-looking statements to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and should not place undue reliance on such forward-looking statements. The Company does not undertake to update any forward-looking statements, oral or written, made by itself or on its behalf.

“Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.”

02 November 2010

2010-11-02 14:24 ET - News Release

See News Release (C-GOM) Golden Dawn Minerals Inc.

Mr. Wolf Wiese reports

GOLDEN DAWN MINERALS EXPANDS GOLD-COPPER EXPLORATION HOLDINGS, HISTORIC GREENWOOD MINING DISTRICT, BRITISH COLUMBIA, CANADA.

Golden Dawn Minerals Inc. has concluded an agreement with Kettle River Resources Ltd. to acquire 100-per-cent interest in the Tam O'Shanter gold-copper prospect in the historic Greenwood mining district, British Columbia, Canada. The acquisition requires the payment of $230,000 in cash, the issue of 1.5 million shares of common stock in Golden Dawn Minerals Inc. and a work commitment of $2-million over four years, subject to a 3-per-cent net smelter return royalty retained by Kettle River Resources Ltd. The company has the option to repurchase 2-per-cent NSR royalty for $3-million.

The 1,250-hectare Tam O'Shanter property complements and adjoins on the west two other tracts already held by Golden Dawn Minerals Inc., namely the Wild Rose property (750 hectares), and to the south the Boundary Falls property (1,000 hectares). This contiguous 3,000-hectare land package has undergone multiple phases of exploration during the 1980s, 1990s and early 2000s. Drilling of over 150 holes in several drilling campaigns encountered significant gold values at the Deadwood and Wild Rose zones along the eastern portion of the Tam O'Shanter property on strike with the Wild Rose vein systems and the Deadwood lower-grade bulk-tonnage targets.

A large reference database has been accumulated on the property from underground exploration, development and former production. These activities include 450 metres of underground exploration on the Wild Rose and Wild Cat vein systems; production and underground development in the 1,000-metre MayMac tracked adit on the Boundary Falls property; and milling of production from the MayMac mine through the 120-tonne-per-day permitted Roberts grinding and flotation mill, with tailings facility, located on that property. Combined with detailed geochemical surveys, and both surface and recent airborne TEM and magnetic surveys, this database provides a working platform for an anticipated exploration program. All this data are being compiled by APEX Geoscience Ltd. (APEX) of Edmonton into an Arc-Gis database.

Multiple gold-copper target types encountered in previous work and suggested by the current geophysical work provide the impetus for this current renewed exploration. These include: bulk-tonnage low-grade gold and gold-copper systems of Overlook type and South Penn type found in the Republic district of Washington state, United States, located immediately south of the land package; higher-grade sulphide-rich gold-silver-base-metal vein systems of Rossland type; gold and copper-bearing massive sulphides and skarns of Motherlode and Phoenix type; magnetite-gold systems of Belcher and Buckhorn type; and high-grade bonanza-grade low-sulphidation epithermal gold vein systems of the Knob Hill and K2 types.

Numerous historic diamond drill holes that have yielded wide auriferous intersections indicate a prospective exploration target zone approximately 2,000 metres by 200 metres in extent that reaches northwest across the property from the Wild Rose vein area to the Deadwood prospect area and into the newly optioned Tam O'Shanter property to the west. One of the most encouraging holes in this group is DDH 92-27 which intersected 63 metres averaging 0.95 gram per tonne gold and up to 0.4 per cent copper, including 0.15 metre assaying 134.2 g/t (4.3 ounces per ton) gold. Numerous drill holes into the Wild Rose vein system have encountered intersections of up to 2.5 metres assaying from anomalous gold up to 34 g/t gold and up to 3 per cent copper.

All of the data are historical in nature and have not been verified. There are no known mineral resources on the property, and there can be no assurance that any will be found or if found that such may be economically mined.

Field crews are being mobilized to the area in preparation for drilling. The property is easily accessed by good logging and gravel roads from the nearby city of Greenwood, which is situated on Highway 3 and where all support services are available. Drilling has historically been possible into mid-December and can resume around mid-January.

The historic Greenwood district has produced gold and copper since 1888 from multiple deposits including the Motherlode (4.2 million tonnes at 0.8 per cent copper, 1.39 g/t gold) and the Phoenix (30 million tonnes at 0.99 per cent copper and one g/t gold). Significant gold production (173,555 ounces in 2009) continues within this mineral belt immediately to the south in Washington state at the Buckhorn mine of Kinross Gold.

This press release has been reviewed by Dr. Stewart Jackson, PGeol, a qualified person, and Mike Dufresne, MSc, PGeol, president of APEX Geoscience Ltd.

We seek Safe Harbor.

05 August 2010

August 5, 2010

Kettle River Resources Ltd. (the "Company") announces that Jeffrey B. Austin, P.Eng. President of International Metallurgical and Environmental Inc. has been contracted to review the economics of processing the 100% owned Phoenix tailings material in the Greenwood Area.

The Phoenix mine operated an open pit copper/gold mine and historic production records show approximately 12 million tonnes of tailings reside in two tailings storage facilities at the Phoenix mine site.  Kettle River Resources Ltd. owns the former Phoenix minesite and the associated tailings deposits.

Although the tailings materials stored at site does not have a National Instrument 43-101 compliant resource estimate, the company has historical reports and studies showing gold values that range from 0.2 g/t gold to 0.6 g/t gold. Higher gold values are shown to be more prevalent in areas with coarse tailings, associated with tailings dam construction using traditional cyclone technology to classify tailings.

Historically, the Phoenix Mine processed ore with a 0.98 percent copper and 1.1 g/t gold content.  Historic gold recovery was in the range of 65 percent of the contained gold in a high grade copper concentrate.

Historically, gold recovery in the Phoenix milling process was significantly lower than the copper recovery due to a portion of the available gold being associated with non-copper sulphide mineralization (typically pyrite).  These sulphides, which are available in the tailings materials can be concentrated by flotation processes to produce a gold bearing concentrate assaying in the range of 15 to 30 grams per tonne gold.  The tailings contain about 3 percent sulphide mineralization by weight.

With the current price of gold in the range of 1200 dollars per ounce, lower grade gold resources are becoming more valuable, and this project has many attractive facets which the Company is currently reviewing.

Jeffrey B. Austin, P.Eng. is the Qualified Person as defined by National Instrument 43-101 on the project, and has reviewed and approved the content of this release.

ON BEHALF OF THE BOARD

“Signed”
Ellen Clements,
President and Chief Executive Officer

For further information contact Ellen Clements 1-800-856-3966

Caution Regarding Forward-Looking Statements -- This news release may contain certain forward-looking statements, including statements regarding the business and anticipated financial performance of the Company. These statements are subject to a number of risks and uncertainties. Actual results may differ materially from results contemplated by the forward-looking statements. Factors that could cause actual results to differ materially from those in the forward-looking statements include unsuccessful exploration results, changes in metal prices, changes in the availability of funding for mineral exploration and development, unanticipated changes in key management personnel and general economic conditions. When relying on forward-looking statements to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and should not place undue reliance on such forward-looking statements. The Company does not undertake to update any forward-looking statements, oral or written, made by itself or on its behalf.

“Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.”

01 August 2010

July 30, 2010
News Release
OPTIONS GRANTED - AMENDMENT

Further to the News Release of July 6, 2010 Kettle River Resources Ltd. (the "Company") announces that effective July 20, 2010 it has granted 1,600,000 stock options to directors and employees of the company under its incentive stock option plan.  The options, exercisable at 10 cents per share for a period of five years, expire July 20, 2015.  All options granted are in accordance with the Company Stock Option Plan and subject to TSXV approval.

ON BEHALF OF THE BOARD
“Signed”
Ellen Clements,
President and Chief Executive Officer

For further information please visit the website at www.kettleriver.com or contact
Ellen Clements 1 800 856-3966

Caution Regarding Forward-Looking Statements -- This news release may contain certain forward-looking statements, including statements regarding the business and anticipated financial performance of the Company. These statements are subject to a number of risks and uncertainties. Actual results may differ materially from results contemplated by the forward-looking statements. Factors that could cause actual results to differ materially from those in the forward-looking statements include unsuccessful exploration results, changes in metal prices, changes in the availability of funding for mineral exploration and development, unanticipated changes in key management personnel and general economic conditions. When relying on forward-looking statements to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and should not place undue reliance on such forward-looking statements. The Company does not undertake to update any forward-looking statements, oral or written, made by itself or on its behalf.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy and accuracy of this Release.

26 July 2010

July 6, 2010

News Release

OPTIONS GRANTED

Kettle River Resources Ltd. (the "Company") announces that it has granted 1,600,000 stock options to directors and employees, of the company under its incentive stock option plan. The options are exercisable at 10 cents per share for a period of five years. All options granted are subject to a vesting schedule where one third shall vest on dates that are six, twelve and eighteen months following the date of grant in accordance with the Company Stock Option Plan and subject to TSXV approval.

ON BEHALF OF THE BOARD
“Signed”
Ellen Clements,
President and Chief Executive Officer

For further information please visit the website at www.kettleriver.com or contact
Ellen Clements (800) 856-3966, or
Larry Widmer (250) 878 5099

Caution Regarding Forward-Looking Statements -- This news release may contain certain forward-looking statements, including statements regarding the business and anticipated financial performance of the Company. These statements are subject to a number of risks and uncertainties. Actual results may differ materially from results contemplated by the forward-looking statements. Factors that could cause actual results to differ materially from those in the forward-looking statements include unsuccessful exploration results, changes in metal prices, changes in the availability of funding for mineral exploration and development, unanticipated changes in key management personnel and general economic conditions. When relying on forward-looking statements to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and should not place undue reliance on such forward-looking statements. The Company does not undertake to update any forward-looking statements, oral or written, made by itself or on its behalf.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy and accuracy of this Release.

10 November 2008

Kettle River et al. miss cash call

Street Wire See Street Wire (C-KRR) Kettle River Resources Ltd
by Will Purcell

Kettle River Resources Ltd., Dentonia Resources Ltd. and Horseshoe Gold Mining Inc. elected not to contribute to the DO-27 project in the Northwest Territories last month. The three companies are partners in DHK Diamonds Inc., which once owned the entire project. A series of option deals diluted DHK's interest over the years, and its share shrank further when its three owners missed a large cash call from the current operator, Peregrine Diamonds Ltd. The latest cash call was much smaller, just $212,112 and Kettle River's president, Ellen Clements, said accepting the minimal dilution made sense in today's tough market. Nevertheless, she remains optimistic the DO-27 pipe, once called Tli Kwi Cho, will become a profitable diamond mine....

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07 July 2008

Drill program completed on Greenwood Area Properties

July 18, 2008:  Kettle River Resources Ltd. has completed its spring-summer diamond drill program on the company's wholly owned Greenwood area properties.  Fourteen NQ2 drill holes, totalling 2551 meters, were drilled.  Core logging and sampling is complete, and all samples have been submitted for analyses.

Five holes were drilled at the Minnie Moore showing, to test the at-depth extension of the Minnie Moore zone beneath the thick post-mineral sill that was delineated by the 2007 work program.  Drilling also tested a strong multi-element soil geochemical anomaly southwest of the main showing.  Drilling has confirmed the structural complexity of the Minnie Moore area, and has added valuable information to assist in unraveling these complexities.  At least three separate post-mineral fault sets, often with accompanying post-mineral dykes and sills, are known to occur...

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23 June 2008

KRR announces that Joint Venture partner has recieved Canadian NI-43-101-compliant report

Kettle River Resources Ltd. (the “Company”) announces that Joint Venture partner, Peregrine Diamonds Ltd., the operator, has reported to DHK Diamonds Inc. that they have received a Canadian NI-43-101-compliant report. DHK Diamonds Inc. (“DHK”) a privately owned corporation, (Dentonia Resources Ltd. 43.37%, Horseshoe Gold Mining Inc. 13.26% and Kettle River Resources Ltd. 43.37%) owns a participating 10.78% interest in the project.

“Mr. Eric Friedland, Chief Executive Officer, and Mr. Brooke Clements, President of Peregrine Diamonds Ltd. ("Peregrine" or "the Company") are pleased to report a Canadian NI-43-101-compliant indicated mineral resource of 18.2 million carats in 19.5 million tonnes of kimberlite for the nine hectare DO-27 kimberlite. The estimated grade of the indicated resource is 94 carats per hundred tonnes ("cpht"). The resource estimate was prepared by AMEC Americas Ltd. ("AMEC"), an internationally recognized engineering firm with extensive experience in evaluating advanced diamond projects. An additional 6.5-8.5 million tonnes of kimberlite below the indicated resource was classified as a potential mineral deposit and DO-27 remains open at depth.

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