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2010

International Samuel Acquires Copper-Gold Property in North Central Manitoba

April  6th , 2010: Vancouver BC: International Samuel Exploration Corp. (ISS: TSX-V) ("Company")  is pleased to report that it has entered into an option agreement to acquire a 100% interest in the Rasp Copper-Gold Property from W. S. Ferreira Ltd.  

The Rasp Property contains a strong electromagnetic conductor with a gravity anomaly and a flanking magnetic anomaly. The strong electromagnetic conductor has a strike length of 600 metres. Only one previous drill hole was drilled at this conductor; diamond drill hole RA202-01 by Cominco Ltd. in 2001. This drill hole may not have intersected the conductor itself; instead the drill hole probably encountered stringer mineralization near the main conductor. Significant mineralization encountered in diamond drill hole RA202-01 is listed below:

Diamond Drill  From To Interval  Gold  Copper
           
Hole Metres Metres  Metres  g/t %

           
RA-202-01  176.9 177.08 0.18 4.3 4.09
           
RA-202-01  180.7    181.37 0.67  3.4  0.11

International Samuel plans to target a diamond drill hole into the projected central part of the electromagnetic conductor.  The stringer mineralization listed above suggests that this is a mineralized conductor and the gravity anomaly and electromagnetic conductor strength suggests that this conductor may increase significantly in width.  A 600 metre strike length could be the signature of a large deposit.  

The property is under a 5 year option, with first year expenditures of $10,000.00 to the vendor, a $100,000 work commitment and 50,000 shares subject to TSX approval.  Total expenditures over 5 years are $100,000 and 800,000 shares to the vendor and a total work commitment of $1,000,000.  The Rasp property is located 100 kilometres north of Thompson, Manitoba.

Of the 37 Copper-Zinc deposits that have been mined in the Flin Flon-Snow Lake area, most of the mines had an EM conductor that was less than 1,000 metres, The Trout Lake Mine was discovered by drilling a short strike length EM conductor and from historical production contained 20 million tonnes of 1.83% Copper, 5.59% Zinc, and 1.73 g/t Gold..  The Rasp Property is located 110 kilometres east of the large Ruttan Copper-Zinc deposit which historically had production of 55 million tonnes of 1.23% Copper and 1.41% Zinc. 

About International Samuel Exploration

International Samuel is a Canadian exploration company involved in the exploration for base and precious metals in Manitoba. 

All the technical information for this release has been reviewed by Bill Ferreira, P.Geo, a qualified person.

We seek safe harbour.

ON BEHALF OF THE BOARD OF DIRECTORS

Conrad Swanson
President

For further information, please contact:

International Samuel Exploration Corp. Investor Relations
Telephone: 604.718.5454   Derek Huston
Toll Free:   888.500.4587 or 866.580.0699   Telephone: 604.657.5539
Email: doug@internationalsamuel.com   Toll Free : 800.665.4288
Website : www.internationalsamuel.com  Email: dahuston@shaw.ca

 

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this news release

© 2010 International Samuel Exploration Corp.
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