Underworld Expands Yukon Gold Discovery: 5.7 g/t Au Over 21.6 Meters

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 6, 2008) - Underworld Resources Inc. (TSX VENTURE:UW) is pleased to announce that additional assay results have been received from the grass roots Discovery at the White Gold Project, Yukon Territory. Recent Assay results include: 4.2 g/t Au over 16.03m and 5.74 g/t Au over 21.58 meters. Underworld Resources has completed the initial round of core drilling program at the 100% owned White Gold and Black Fox Gold Project, in the Yukon Territory, Canada for a total of 1,243 meters in 13 holes. The July 23rd, 2008 press release (UW 2008 - NR#6) reported the gold discovery at the Golden Saddle prospect of 4.03 g/t Au over 19.58 meters, from 12.99 meters in drill hole WD-004 and 4.58 g/t Au over 16.61 meters, from 14.74 meters in drill hole WD-005. The zone of mineralization... [read full story]