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November 29th, 2007 - NPN INVESTMENT GROUP (“NPN” or the “Company”) (NPN-TSX: V) announces today it has begun a soil sampling program at its 100% owned Chloride property in western Arizona, situated about 20 miles north of Kingman in the Walapai mining district in the Cerbat Mountains of west-central Mohave County. The property consists of 109 federal lode claims and is accessible by paved highway (Highway 93 heading to Las Vegas, Nevada). The Chloride property is also very close (approximately 3 kilometers) from Mercator Mineral’s (“ML” – TSXV) Mineral Park porphyry Cu-Mo mine.
The Walapai district was a significant silver-lead-zinc producer from the time of its discovery in 1863 until production ceased in 1949. The Chloride claim block covers several historic mines and prospects on the southwest side of the district where shallow pediment overlaps the area of known prospects. Previous sampling and geological surveying has identified a mineralized, structural corridor up to an estimated 1.3 kilometers wide and at least 5 kilometers long which trends northwesterly across the property. Limited reconnaissance chip and grab samples of old prospect pits, dumps and mineralized veins along this corridor have returned highly anomalous values for gold, silver, copper, lead and zinc (up to 88.8 g/t gold and 817.4 g/t silver).
The soil sampling program is intended to aid in identifying potential targets for a winter drill program set for early 2008.
Mike England, President of NPN comments, “I'm pleased with the acquisition and addition of the Chloride property to our portfolio of properties. I think the Chloride property is a great compliment to our Company as it offers us the opportunity to have work programs running all year round, without downtime due to weather related issues. Now with the start of the work program underway, we look forward to an active and exciting time with the Chloride.”
Marvin Mitchell, P.Eng, and qualified person as defined by National Instrument 43-101, has approved the information contained in this release and is the qualified person for the project.
For further information we invite you to visit us at www.alixresources.com.
NPN is a junior mineral exploration company seeking out and acquiring prospective properties in North America.