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Buffalo Gold's Bondi starts drilling Murphy


2008-04-22 09:54 ET - News Release

Mr. Brian McEwen reports

BUFFALO GOLD LTD.: BONDI MINING STARTS DRILLING AT MURPHY URANIUM PROJECT, AUSTRALIA

Buffalo Gold Ltd. has learned that Bondi Mining Ltd. has commenced drilling at the Murphy uranium project in the Northern Territory, Australia. In November, 2007, Buffalo completed the sale of the Murphy property to Bondi, along with several other uranium projects, and currently holds approximately 25 per cent of the company.

Bondi's news release from April 17, 2008, states that: "The first phase of drilling on the project will comprise approximately 200 RAB holes for around 4,000 metres, testing 10 different target areas, which have been developed based on detailed magnetics and radiometrics, Hoistem airborne EM survey results, and Radon track etch anomalies. All the targets to be drilled are in the correct geological setting for unconformity uranium mineralization of the type seen in the East Alligator region (for example Jabiluka -- 360 million pounds at 0.45 per cent U3O8) or of the type seen in the Westmoreland region (for example Westmoreland -- 48 million pounds at 0.09 per cent U3O8) in Queensland. The targets all lie under a thin veneer of recent cover and were therefore never prospected in the last uranium boom, despite the fact that they display all the correct geological ingredients for this style of mineralization."

According to the Bondi release the first phase of drilling will take approximately four weeks, and a second phase is planned to be carried out in July/August once results from this drilling program have been received and interpreted. For full details of the news release please see the Bondi website.

Brian McEwen is the qualified person for Buffalo, and has read and approved the contents of this news release.

We seek Safe Harbor.

[Momesso]

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