Entourage Mining Enters into Doran Option Agreement with Abbastar Holdings Ltd., Prepares for Drill Program in Quebec.VANCOUVER, British Columbia British Columbia, province (2001 pop. 3,907,738), 366,255 sq mi (948,600 sq km), including 6,976 sq mi (18,068 sq km) of water surface, W Canada. Geography -- Entourage The e-mail program included in the Macintosh version of Microsoft Office. Combining the functions of Outlook with scheduling capabilities, Entourage was introduced with Microsoft Office 2001 for Mac, the first release of Office for OS X. Mining Ltd. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :ETGMF) ("Entourage" or the "Company") announces that it has entered into an option agreement with Abbastar Holdings Ltd., ("Abbastar") a TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension Venture company based in Vancouver British Columbia, whereby Abbastar may earn up to 70% interest in the Doran uranium uranium (y rā`nēəm), radioactive metallic chemical element; symbol U; at. no. 92; at. wt. 238.0289; m.p. 1,132°C;; b.p. 3,818°C;; sp. gr. 19. prospect situated in Costebelle Township, on the North Shore of the Gulf of St Lawrence in south eastern Quebec. Terms of the option agreement include a one-time payment to Entourage of $100,000 on filing of the agreement and the expenditure of a minimum of $5 million over 4 years on the Doran property. Furthermore, Abbastar may earn its interest in the Doran property as follows: * 20% interest by expending $500,000; and, * 15% additional interest by expending an additional $1,000,000; and, * 15% additional interest by expending an additional $1,500,000; and, * 20% additional interest by expending an additional $2,000,000. The Doran uranium prospect is situated in Moyenne Cyte-Nord in Costebelle Township, Quebec approximately 85 kilometers east of Havre St. Pierre and about 25 kilometers west of Aguanish. The property is serviced by provincial highway 138 with hydroelectric facilities close by. To date, Entourage has expended ex·pend tr.v. ex·pend·ed, ex·pend·ing, ex·pends 1. To lay out; spend: expending tax revenues on government operations. See Synonyms at spend. 2. more than $700,000 exploring, mapping, sampling and drilling the 47-claim block package. Highlights of Entourage's work on the property include (as outlined in the Company's 2006 news releases dated July 20, August 08 and September 5): * 14 drill holes encountered sub-surface uranium mineralization Mineralization The process by which the body uses minerals to build bone structure. Mentioned in: Rickets mineralization, n the bioprecipitation of an inorganic substance. in the Main Zone situated to the south-west of the property; * 63 rock saw samples, taken in 2006, were tested of which four samples returned values greater than 0.1% U3O8, 13 samples returned values greater than 0.05% U3O8, 15 samples returned values greater than 0.025% U3O8 and 12 samples above 0.0125% U3O8; * The comprehensive rock saw channel sampling program of 2006 was successful in identifying twelve previously unrecognized uranium targets; and Rock saw sample "N-4", measuring 1.5 meters (4.92 ft.) in width and weighing 3.35 kilograms (7.39 lbs.) was fire assayed and returned a value of 0.76% U3O8. Furthermore, Entourage has contracted the services of Forages La Virole, of Rimouski, Quebec Rimouski is a Canadian city (ville) on the center part of Bas-Saint-Laurent region in eastern Quebec, located on the south shore of the Saint Lawrence River at the mouth of the Rimouski River, and km ( mi) north-east of Quebec City. to commence drilling, in the middle of February 2007, on the "L", "X" and "N" anomalies, situated in the north and northeast sectors of the property. In total the companies plan to initiate a recommended four Phase drilling and fieldwork field·work n. 1. A temporary military fortification erected in the field. 2. Work done or firsthand observations made in the field as opposed to that done or observed in a controlled environment. 3. program on the property with an estimated cost of $1,370,000 and is expected to continue into 2008. On behalf of the Board "Gregory F Kennedy" Gregory F Kennedy President Forward Looking Statements Except for historical information contained herein, the statements in this Press Release may be forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. . Forward-looking statements involve known and unknown risks and uncertainties, which may cause Entourage Mining Ltd.'s actual results in future periods to differ materially from forecasted results. These risks and uncertainties include, among other things, volatility of commodity prices, product demand, market competition, and risks inherent in Entourage Mining Ltd.'s operations. These and other risks are described in the Company's Annual Report on Form 20-F and other filings with the Securities and Exchange Commission. |
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