Buffalo Gold Receives Resource Estimate for Furtei Mine
Market Wire, September, 2008
Table 2. Sulphide Resources for Furtei Mine (August 11th, 2008)
-----------------------------------------------------------
Measured and Indicated Resources at 1.00 g/t Au Cap cut-off
--------------------------------------------------------------------------
Tonnes Grade Au In Situ Grade Grade Grade
(000 t) (g/t) (000 oz) (%) (%) (g/t)
--------------------------------------------------------------------------
Au-Cu ore 2,673.5 2.717 233.5 0.52 0.12 3.89
--------------------------------------------------------------------------
Au-Py ore 3,054.9 1.957 192.2 - - 2.33
--------------------------------------------------------------------------
TOTALS 5,728.4 2.312 425.8 0.24 0.06 3.06
--------------------------------------------------------------------------
---------------------------------------------
Inferred Resources at 1.00 g/t Au Cap cut-off
--------------------------------------------------------------------------
Tonnes Grade Au In Situ Grade Grade Grade
(000 t) (g/t) (000 oz) (%) (%) (g/t)
--------------------------------------------------------------------------
Au-Cu ore 65.9 3.151 6.7 0.48 0.20 7.80
--------------------------------------------------------------------------
Au-Py ore 284.8 1.771 16.2 - - 1.83
--------------------------------------------------------------------------
TOTALS 350.7 2.030 22.9 0.22 0.09 4.61
--------------------------------------------------------------------------
The following capping levels were used in the resource calculations:
------------------------------------------------------
Au (g/t) Cu (%) As (%) Ag (g/t)
------------------------------------------------------
Au-Cu Deposits 70 20 6 190
------------------------------------------------------
Py-Au Deposits 25 - - 40
------------------------------------------------------
Tim Maunula, P.Geo., was the Qualified Person responsible for the grade estimation on the Is Concas, Su Coru, Nord, Est, S'Arruga, Cima, Cima West, Su Masoni, Sa Perrima, Coronas Arrubias and Bruncu Murdegu deposits.
About Buffalo Gold
Buffalo's vision is to build shareholder value by growing a gold mining company through a combination of exploration and acquisition. The Company became a gold producer in November 2007 with the acquisition of the Furtei mine, and is exploring projects in Sardinia, PNG and Australia.
To find out more about Buffalo Gold Ltd. (TSX VENTURE: BUF), please visit the company website at www.buffalogold.ca .
Brian McEwen is the Qualified Person for Buffalo and has read and approved the contents of this news release.
On behalf of the Board of Directors of BUFFALO GOLD LTD.
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