Sacre-Coeur Minerals Targets New Zone at Million Mountain Near Tiger Creek
October 11, 2006
VANCOUVER, B.C. – SACRE-COEUR MINERALS, LTD. (the "Company") today announced that it has now identified a new zone of anomalous gold-bearing mineralization at Million Mountain. The new zone is located approximately one kilometre to the Southeast of the current drilling program along the trend of the previously reported Southeast – Northwest trending high-grade shear system. It is situated along the flanks of Tiger Creek, a small left bank tributary of the Puruni River, which bisects the project. Historically, Tiger Creek has been the focus of intense artisanal alluvial mining. Drilling on the shear zone and the associated stock-work vein system in the main zone is on-going.
Preliminary sampling and mapping of the new Tiger Creek Zone have yielded encouraging results. Assays from Loring Laboratories Inc. of Georgetown, Guyana, showed that twelve of 27 field samples collected returned anomalous gold values, the highest being a grab sample at 48.2 g/t Au. A comprehensive trenching program is now underway at Tiger Creek with a view toward identifying potential drill targets in the new zone.
These sample results, along with the history of pervasive alluvial mining directly along the projected trend of the shear system, suggest a target of good potential for at least one kilometre beyond the area of current drilling in the main zone, to and including the Tiger Creek Zone. An extensive trench sampling program advancing to the Southeast along this projected trend is currently underway. Pending continuing encouragement from the trenching program, drilling will continue to advance to the Southeast close on the heels of the trenching.
The Company’s exploration program is overseen by Gregory B. Sparks, P. Eng., Senior Vice President Mining and Exploration for the Company, with assistance from Dr. Hendrikus Aarden, P. Geo, Jack King, Project Geologist, and Thomas Clarke, Project Geologist. Mr. Sparks, and Dr. Aarden are both Qualified Persons under NI 43-101. Mr. Ardito Martohardjono, a Director of the Company and laboratory specialist, has provided assistance establishing lab protocols and sample handling and assay quality control.
The Company is engaged in the acquisition, exploration and development of properties for the potential mining of gold, metals and diamonds in South America, initially focussing on exploration for gold on its properties in Guyana. The Company presently has an interest in approximately 850 square miles of mineral properties in Guyana, including the Million Mountain Property. The Company has offices in Vancouver, Canada and Georgetown, Guyana. More information about the Company is available at www.scminerals.com.
ON BEHALF OF THE BOARD OF DIRECTORS OF
SACRE-COEUR MINERALS, LTD.
Chairman & CEO
For further information, contact:
Irwin Olian, President and CEO
Lee Dunston, Corporate Communications – Canada
Marlies Studer, Corporate Communications – Europe
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of the information contained herein. The statements made in this press release may contain certain forward-looking statements that involve a number of risks and uncertainties. Actual events or results may differ from the Company's expectations.
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