Mosquito Focusing On Higher-Grade Ore Of 1.1 Billion Tons

VANCOUVER, BC - Mosquito Consolidated Gold Mines is focused development of its Idaho CUMO deposit, the largest un-mined, open-pit molybdenum deposit in the world with NI 43-101 confirmed 2.89 billion lbs of molybdenum oxide; and its Nevada based Pine Tree project containing a potential +1 billion ton copper-molybdenum silver deposit - NI 43-101 near completion.
Mosquito is focusing on a higher-grade core of 1.1 billion tons containing 2.1
billion lbs of molybdenum oxide, 1.5 billion lbs of copper, 68 million ounces of
silver, and 102 million lbs of tungsten. Core is contained within total inferred 43-101 resource of 2.01 billion tons of ore containing 2.89 billion lbs of molybdenum oxide (moly), 3.41 billion lbs of copper, 149.8 million ounces of silver and 185.3 million lbs of tungsten. Only 20% of mineralized system has been drilled to date. Development and expansion drilling is underway to move resource category from inferred to indicated and measured, and to delineate edges of the mineralized zone.
The metallurgical completion at the Lone Tree copper molybdenum deposit in Nevada, the primary target is a +1 billion ton Copper-Molybdenum-Rhenium-porphyry deposit with potential gold, silver and tungsten by-products
2007 Drill intersections: ¥ Hole # 11: 1259.5 feet of 0.090% Molybdenite Equiv. (1.02% Copper Equiv.) and Hole #12: 1102 feet of 0.101% Molybdenite Equiv. (1.14% Copper Equiv.)
The property located between Reno and Las Vegas in the well-established
"Walker Lane Trend" mining belt, three drill rigs are currently drilling with the goal of identifying a high-grade core. The 43-101 Resource Calculation scheduled for late 2008.