SYMC Starts Phase 1 of 2006 Spring Work Program
April 24, 2006 - SYMC Resources Limited ("SYMC" or the “Company”) (TSX-V: SY) is pleased to announce the commencement of the $270,000 Phase One gold-copper-silver exploration program at it’s wholly owned Macktush Property near Port Alberni, B.C.
Following the recommendations in the 2005 Technical Report by Jacques Houle, P.Eng. the Phase One Program consists of $170,000 for diamond drilling of known high grade gold-copper-silver targets, and $100,000 for aggressively following up new targets generated by the airborne geophysical survey completed in 2005. Both programs will commence immediately under the direction of Mr. Houle, a qualified person within the meaning of National Instrument 43-101. This program will be funded from a portion of SYMC’s current cash balances.
Macktush Property
The 100% owned Macktush Property is comprised of 36 contiguous mineral claims covering 15,364 hectares, and is centered approximately 10 kilometres (km) southwest of Port Alberni in the Alberni Mining Division on Vancouver Island. Field staff have located and prospected over 71 mineral occurrences to date.
In the fall of 2005, a 1,661 line-km magnetic, electromagnetic and radiometric airborne geophysical program was carried out. Also during 2005 2,136 metres (m) of diamond drilling was completed on the David Vein, Herbert Jr. Vein, the Tasha Zone, and the Dauntless North Veins, successfully intercepting targeted mineralization in 32 of 35 holes.
Phase One Program
The Phase One drilling will consist of 1,000 m. of exploration diamond drilling to test the gold-silver-copper bearing Fred Vein and the copper-silver-gold MC skarn targets. The drilling program is designed to establish indicated mineral resources in both targets. Fred Vein trench sampling has revealed a total known strike length greater than 1,000 m., open in both directions along strike and down-dip A metallurgical sample of the Fred Vein generated a head grade of 14.57 grams per tonne (g/t) gold, 59.66 g/t silver, 0.05% copper, and 3.134% zinc and produced a flotation concentrate grading 131.31 g/t gold, 349.29 g/t silver, 0.36% copper and 28.50% zinc. Drill results from a four-hole diamond drilling program completed during the 1980s returned the following results:
| Hole ID | From | To | Interval (m) |
Au (g/t) |
Ag (g/t) |
Cu (%) |
| DDH87-01 | 109.58 | 110.72 | 1.14 | 5.97 | 2.06 | 0.03 |
| DDH87-03 | 33.50 | 34.29 | 0.79 | 3.84 | 16.46 | 0.80 |
| 36.59 | 40.39 | 3.81 | 44.23 | 172.80 | 0.95 | |
| DDH87-08 | 71.63 | 72.88 | 1.25 | 9.94 | 1.71 | 0.03 |
| DDH88-05 | 47.22 | 48.80 | 1.58 | 0.21 | 3.09 | 0.02 |
The Fred Vein hosts inferred mineral resources of 166,000 tonnes grading 12.38 g/t gold, 48.8 g/t silver and 0.695% copper and is open at both ends along strike and to depth (SYMC press release June 12, 2002). The 2006 drilling program is designed to increase the confidence and size of this resource estimate, including indicated resources.
Phase One of the drilling program will also test the gold-silver-copper bearing MC Kola skarn. Trenching and 18 chip taken during the 1990’s yielded average grades of 12.4% copper, 138 g/t silver and 6.73 g/t gold over a average width of 0.55 metres (SYMC prospectus February 4, 1998). The 2006 drilling program is designed to establish a new indicated resource estimate.
Phase One of the airborne follow-up program will consist of GPS-guided prospecting and ground follow up of indicated targets, establishing access, trenching and sampling of the new targets detected by the 2005 detailed multi-parameter airborne geophysical survey. Ken Robertson, P.Geo. of VOX Geoscience Ltd., a qualified person within the meaning of National Instrument 43-101 has identified and prioritized several targets.
One of the initial targets identified in the survey surrounds the Rex porphyry molybdenum-copper showing (B.C. MINFILE 092F221) with clusters of magnetic,resistivity and radiometric anomalies identified over an area of 5 by 3 km. Two low resistivity zones within the target area further focus the initial ground follow up.
The Phase 1 program is designed to discover new mineral occurrences of the porphyry,skarn and/or vein types on the Company’s property. Phase 2 work will be undertaken immediately on a target-by-target basis as results warrant. Updates will be provided as the programs progress.
About SYMC
SYMC is an active gold exploration company which owns three mineral properties in B.C. and is currently exploring them for gold, silver, copper and molybdenum. The Macktush Property has NI 43-101 compliant indicated mineral resources which the company is working to expand.
Signed ________________
Herbert McMaster
President
For further information contact:
Herbert McMaster, President
Tel: (604) 926-SYMC
or
Mark T. Brown, CFO
Tel: (604)-687-3520
