Chicago Drilling Delayed

Sherwood Mining Corporation (TSXV:SWM) announces that the drill program scheduled for the Chicago trend located in Nunavut , will be delayed until mid Summer. Logistical and weather related problems will prevent the Company from commencing the program before breakup. The drilling program has been postponed until August of this year.

The Chicago trend consists of 11 claims covering 9,162 hectares located in the southwest portion of the Hope Bay Belt, and lies approximately 15 km southwest of Miramar Mining Corporation's Boston Camp. The Hope Bay belt in Nunavut , Canada , is being actively explored by Miramar and contains multiple gold deposits and showings.

For more information on the Chicago trend please see the Sherwood news release dated December 29, 2003.

Miramar owns 10 million shares of Sherwood, representing approximately 40% of the issued shares of Sherwood.

ON BEHALF OF THE BOARD OF DIRECTORS

“D. Bruce McLeod”                  

D. Bruce McLeod, President

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

Suite 860-625 Howe Street, Vancouver, B.C., Canada V6C 2T6
Telephone: (604) 687-7545   Fax: (604) 689-5041   Toll Free: 1-888-338-2200  E-mail: info@northair.com

 
Corporate Data / Press Releases / Annual-Quarterly Reports / Quote/Chart / Home