Announcement • Sep 03

GoldInxs Mining Corp. Completes Field Program At Millar Property in British Columbia’s Golden Triangle

GoldInxs Mining Corp. announced the successful completion of a helicopter-supported field program at the Company’s Millar Project, a 345-hectare exploration property located within British Columbia’s Golden Triangle, located Northwest of Contango Silver & Gold’s Kitsault Valley Project (the Dolly Varden Trend). The August exploration program focused on the “White Linears” area of the Millar property, where the field team completed geological mapping, prospecting, structural observations and rock sampling. The program identified multiple areas of quartz veining, shearing, brecciation, alteration, and gossanous oxidized units along with other visible mineralization indicators. The completed field program documented a range of geological features including: sheared volcanic quartz veining, with structural measurements recorded during mapping; a quartz vein approximately 1.5 metres wide, with an observed strike of approximately 110° steeply dipping; a quartz-intrusive vein approximately 12 inches wide and traceable for over 30 metres; identified several smaller quartz veins and veinlets associated with areas of oxidation staining; observed chloritized vein margins and host rock alteration, including qtz/calcite-bearing veining; gossanous material in situ, including gossanous volcanics associated with mineralization; examined recently exposed rusty, oxidized and altered volcanic and gabbroic rock outcrops; and confirmed several linear geological features within the “White Linears” area. Several representative rock and float samples were collected from the various observed geological features for further analysis and assay. The field observations were consistent with several of the geological characteristics previously identified by GoldInxs at Millar, including the potential for both vein-hosted precious-metal and skarn-style mineralization. Millar exhibits several of the geological characteristics that warrant systematic follow-up, including further methodical prospecting of the Hazelton Group volcanic rocks, widespread quartz veining, hydrothermal alteration, gossanous material and anomalous Au-Ag-Cu-Pb-Zn mineralization. The recent fieldwork has confirmed the presence of multiple quartz-vein, shearing, brecciation and alteration features in the “White Linears” area, with assays pending. GoldInxs’ existing interpretation of Millar identifies extensive quartz veining, iron-oxide alteration and anomalous gold, silver, copper, lead and zinc associated with sulphide-bearing quartz veins, supporting the potential for multiple mineralization styles, including vein-hosted precious-metal and skarn-style systems. The recently completed field program provides additional surface information to build a more detailed geological understanding of the Millar property through defining the distribution, orientation and structural controls of quartz veining and alteration. GoldInxs will integrate the new geological observations, structural data and assay results with existing exploration data to further refine priority targets. Analytical results from the field program have not yet been received and no conclusions regarding grades or economic mineralization can be drawn at this time, there can be no assurance that the samples collected will return economically significant grades or support the identification of a mineral resource.

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