Western Magnesium Corp V.WMG.H

Molycor Gold adds more claims to Crowrea

[I_luv_GVG]

Hello everyone, 2007-09-27 06:06 ET - News Release Mr. Edward Lee reports MOLYCOR ACQUIRES ADDITIONAL CROWREA CLAIMS Molycor Gold Corp. has added claims which now cover three large magnetic lows within the Crowrea molybdenum project located 15 kilometres south of the past-producing Brenda copper/moly open-pit mine. With the addition of the new claims, the Crowrea molybdenum property now totals 9,721 hectares (24,020 acres) and includes the Crowrea mineralized dike, the Empress moly property and the HP moly claims. These new claim units were added to cover three large magnetic lows that were identified on a regional magnetometer survey carried out by the Geological Survey Branch of British Columbia. The company believes the newly discovered pyrite outcropping could be the edge of a larger pyrite halo which typically encompasses larger porphyry ore bodies, similar to that of Brenda or Endako mines. The company also believes one or more of these magnetic lows could be the source responsible for the high grades of molybdenum contained within the 650-metre northwest-trending dike that has been identified by the previous drill programs. Mapping, geochemical and induced polarization surveys are currently being designed to cover all three areas and are expected to be contracted and expedited shortly. This news release was reviewed by Dick Addison, PEng, a qualified person recognized under National Instrument 43-101. We seek Safe Harbor. GLTA, I_luv_GVG