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News 2005


May 11, 2005

The TSX Venture Exchange has accepted for filing the Mineral Property Option Agreement between the Company and Better Resources Ltd. dated April 18, 2005. The Mineral Property Option Agreement, as previously disclosed, covers 5 mineral claims situated in the Nicola Mining Division immediately contiguous to the Craigmont Mines property.

The Company is, presently, mobilizing resources to conduct a large scale "down hole" geophysical program targeted at identifying the size (in 3 dimensions) and orientation of a major anomaly identified by previous (less sophisticated) geophysical programs within the "Embayment Area". The program may cover part of the Betty Property in addition to the property comprising and surrounding the ,formerly operating, Craigmont Mine. The program should be completed and results available within a month.

In compliance with its obligations under the Mineral Property Option Agreement, the Company has allotted and issued 50,000 common shares in its capital to Better Resources Ltd. Pursuant to the policies of the TSX Venture Exchange, these shares are subject to a 4-month hold period and may not be traded, transferred or disposed of until September 11, 2005.

During the course of the current geological program, which is being conducted by Garth D. Kirkham, P. Geoph. of Kirkham Geosystems Ltd., all previously available data, plans, drill logs and professional opinions will be reviewed and the data obtained from the current geophysical program will be integrated with all of such previous data to comprise a comprehensive whole.

The Craigmont Mine produced, during its history, 36,750,000 tons of ore averaging 1.2% copper. Internal Craigmont reports, which have directed the Company to conduct the current geophysical program, state that an anomaly located at the western boundary of Craigmont is in the correct geological setting to have the same size potential as the original 36,000,000 ton ore body.

The original closure decision was largely a policy determination. The Craigmont Mine continued to be profitable right up to the closure date even though copper prices, at that time, were only $0.60 per pound. The criteria applied to the assessment of additional mineral resources, at that time, were inherently limiting. Those criteria included a 0.7% Cu grade cut off; depth limitation; and an assumption that no new capital would be spent to enable new processing facilities to be utilized for different ore types.

In addition to the Craigmont Mines Project, Christopher James Gold Corp. holds a 100% ownership interest in four British Columbia projects, namely, Big Kidd (alkalic porphyry Au; Cu) Brassie (polymetallic skarn and manto Ag, Au, Cu, Pb, Zn, Fe); Discovery (vein and potential VMS Cu, Ag, Au); Worldstock (porphyry Cu, Au). The Kamloops based company is actively exploring financing and partnering arrangements to advance each of its projects.

On Behalf of the Board:
Albert A. Ablett, President

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

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For further information contact:
Albert A. Ablett, President (250) 573-3111;