Pro-Or Inc.: Initial Assay Results From the 2007 Spring Drilling Program on Menarik Reveal Large Nickel-Bearing Sections

Pro-Or Inc. (CDNX:POI.V - News) drilled 20 exploration holes from March to May 2007 totalling 4,000 metres on its Menarik property near the LG-2 hydroelectric power station. These holes were drilled to test three surface chromite showings at a fair distance from the previously-identified chromite resource, as well as to explore a nickel-copper showing discovered in 1997 and a second nickel showing identified by drilling in December 2006.

The 1997 nickel showing (Ni97), initially identified on surface (1% Ni), was tested by two drill holes, one at a 90degrees angle from the other. The first hole (MK-97-23) intersected a 49.7 -metre altered ultramafite zone containing 0.38% Ni and 0.28% Cu, including a section of 16.1 metres at 0.65% Ni and 0.41% Cu, followed by 2.64 metres at 0.23% Ni and 0.98% Cu. The second hole (MK-97-24) intersected grades of 0.34% Ni and 0.04%Cu over 35.1 metres, including a section of 7.44 metres grading 0.64% Ni and 0.04% Cu. Five additional holes were drilled in 2007 to explore this nickel-bearing ultramafite. Initial assay results for two of the holes showed 0.31% Ni and 0.15% Cu over 50.5 metres in Hole MK-07-59 and 0.40% Ni and 0.11% Cu over 52.2 metres in Hole MK-07-60, including a section of 15.6 m at 0.74% Ni and 0.13% Cu. The nickel mineralization in the latter hole lies about 100 metres vertically below the mineralization in Hole MK-97-23.

The Company is looking forward to receiving the assay results for the other holes, especially Hole MK-07-73, where geologist Yvan Bussieres noted a well-mineralized zone over a 21.8 -metre length. This hole is less than 200 metres from the new nickel zone discovered in 2006 below a chromite-bearing horizon, in an area about two kilometres southeast of Ni97 and within the primary metaperidotite body.

  Hole        Zone     From       To   Length     Ni     Cu
                        m        m        m      %      %
MK-97-23     Ni97    64.13    113.8    49.67   0.37   0.28
including:          65.40    81.49    16.09   0.65   0.41
and:                81.49    84.13     2.64   0.23   0.98
MK-97-24     Ni97    59.33    94.46    35.13   0.34   0.04
including:          71.27    78.71    7.44    0.64   0.04
MK-07-59    Ni97b    19.00    30.00    11.00   0.28   0.13
MK-07-59     Ni97    97.20   147.70    50.50   0.31   0.15
including:          97.20   129.90    32.70   0.36   0.16
and:               135.70   147.70    12.00   0.30   0.18
MK-07-60    Ni97b    65.00    78.50    13.50   0.40   0.10
MK-07-60     Ni97   209.30   261.50    52.20   0.40   0.11
including:         209.30   224.90    15.60   0.74   0.13
and:               229.20   235.60     6.40   0.31   0.16
and:               241.10   261.50     20.4   0.33   0.13

Assaying was performed by the ALS Chemex laboratory in Val-d'Or. Drilling carried out in March, April and May 2007 was supervised by Yvan Bussieres, a geological engineer and qualified, independent person who participated in the drafting of this communique and approved its release.

Source : www.pro-or.com