| ||Wed Apr 21, 2004|
Update on the Muskox Intrusion Exploration Program by Anglo American Exploration (Canada)
| ||CALGARY, ALBERTA - Muskox Minerals Corp. (the "Corporation") (MSK:TSX-V) is pleased to announce that it has received an update from it's JV Partner Anglo American Exploration Canada on the exploration program on the Ni-Cu-Pd-Pt bearing Muskox Layered Intrusion in Nunavut.|
A short drill programme has commenced consisting of testing two specific targets (approximately 600m of drilling) in the Canoe Lake Fault Block area on the western side of the Muskox Intrusion.
The first drill target of the current program will test a geophysical anomaly located approximately 400 metres north of the MX03-001 drill hole completed last year, where assay results were returned from sulphidic veins within footwall paragneisses (1.22% Ni, 0.76% Cu, 1,782.9 ppb Pt+Pd+Au in an intersect of 0.61m containing approximately 6% S). The conductive anomaly, which is interpreted to occur within a magnetically modeled/defined trough-like structure at the base of this part of the intrusion, has been well delineated at surface by a recently completed pulse EM geophysical survey.
The second drill target is located approximately 600m north of MX04-001 along the same geophysical conductive trend. As with the first target, this geophysical anomaly is interpreted to occur at the base of this portion of the Muskox Intrusion and was detected by the 2003 Spectrem survey and by a surface geophysical survey. This target is also overlain by a Ni, Cu, Co, PGE soil geochemical anomaly.
ON BEHALF OF THE BOARD OF
MUSKOX MINERALS CORP.
Dr. Roger D. Morton
President and CEO
Muskox Minerals Corp. is a Tier One Company listed on the TSX Venture Exchange (symbol: MSK-V). The Company is exploring for Gold in the Atlin area of British Columbia, Canada and is joint ventured with Anglo American Exploration (Canada) Ltd. on its Nickel-Copper-Palladium and Platinum project on the Muskox Layered Intrusion in Nunavut, Arctic Canada.
For further information, contact:
Phone: 1 (877) 339-3344
Email: info@ muskoxminerals.com
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.
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