
GROUND GEOPHYSICS SURVEYS NOW UNDERWAY AT SACRE-COEUR'S MILLION MOUNTAIN PROJECT IN GUYANA
July 13, 2010
VANCOUVER, B.C. – SACRE-COEUR MINERALS, LTD. (the"Company") today announced that it has initiated geophysical survey programs that will cover portions of Zone 1 and Zone 9 of its Million Mountain Gold Project located in North Central Guyana. These programs are aimed at expanding high probability drill targets and enhancing currently identified drill targets on both Million Mountain Zones 1 and 9. The geophysical programs each have two field phases, including an initial ground magnetics survey followed by a direct current/induced polarization (DC/IP) resistivity survey.
The ground magnetics surveys are being completed by the Company’s technical staff on 25 meter by 100 meter grid spacing. The DC/IP resisistivity surveys will be performed by TRX Consulting C.A., a Caracas based geophysical contractor with over 20 years experience in the Guyana Shield gold belt. A Dipole-Dipole 50m spacing array configuration is planned. The contractor will provide in-field QC along with post survey advanced processing and quantitative interpretation. Data will be presented in the form of vertical and horizontal sections. All output will be rendered in a format compatible with the Company’s GIS system.
Zone 9 is located 20 km WSW of Zone 1 on the Million Mountain structural trend. It was originally discovered in the 1980’s by small miners who developed numerous, shallow, underground and surface workings to exploit quartz veins hosted in Lower Proterozoic greenstones and various types of elluvial and alluvial deposits. In addition to the auriferous quartz veins, gold mineralization has been found in the silicified host rocks and potentially in zones of conjugate quartz veining found near intrusive granitic stock contacts, which may have acted as the focusing mechanism for the mineralizing fluids conducted by E-W quartz veins. As reported previously, in 2009 the Company conducted a limited, shallow, test drilling program on Zone 9. Several holes intercepted gold mineralization in quartz veins, the best result being an intercept containing gold mineralization of 4.0 g/t Au over 13.6 meters apparent width, which included 0.55 meters containing 84.26 g/t Au.
The Zone 9 ground magnetics program covers an area of 1000 meters North – South by 3000 meters East – West. Lines are surveyed at 25 meter intervals with line spacing of 100 meters. Field work for the ground magnetics program on Zone 9 has been completed and the data is being processed and analyzed. The DC/IP resistivity survey is planned to start on Zone 9 in mid-July and will cover a similar area with approximately 20.8 line km surveyed.
Zone 1, upon which, based on an interim estimate, the Company has reported an NI 43-101 compliant resource of 451K oz Au at an average grade of 1.0 grams Au/T (Measured Resources of 12,119,285 tonnes grading 1.0 g/t Au and Indicated Resources of 2,175,278 tons grading 0.9 g/t Au) is hosted in Lower Proterozoic greenstones with several types of intrusions. The resource is located on a major ENE lineament at the intersection of N-S and NW-SE cross structures. Mineralization consists of pervasive quartz veinlets with carbonates and associated disseminated pyrite where hydrothermal breccias are usually found in the higher grade portions of the mineralized bodies. It is believed that the geophysical survey work will readily identify similar zones of potential gold deposition.
The Zone 1 ground magnetics program covers an area of 3.7 sq km extending partially into Zone 5, with similar line and station spacing to that of Zone 9. Lines are oriented in a NW-SE direction which is perpendicular to the main structure. The ground magnetics program is planned to start in late July, followed by the DC/IP resistivity survey work in early August. This survey will use a pole – dipole array designed for penetration to greater depths as the potential target sizes are large and will include approximately 21 line km surveyed.
All the field survey work is planned to be finished for both phases on both zones by late August, with the data processing and analysis complete by the end of September 2010. In the mean time, core drilling on both zones will continue to investigate existing targets generated by other exploration work. Results of this drilling will be reported as assay results become available and the data is analyzed.
Technical Staff
The Company’s mining and exploration program is overseen by Mr. A. David Heyl, P. Geo., Director Mining and Exploration for the Company. Exploration is directed by Mr. Henry Salvado, Chief Geologist. Mr. Salvado is assisted on the hard-rock exploration program by Mr. Wilmar Ladia, and by Mr. Bjorn Jeune, both Senior Project Geologists with many years gold experience. Mr. Ardito Martohardjono is a Director of the Company, and a laboratory specialist who provides assistance establishing lab protocols, sample handling procedures, and assay quality control. The undersigned, Mr. Heyl, and Mr. Salvado are qualified persons under NI 43-101.
About Sacre-Coeur
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 1000 sq. km 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.
“Gregory B. Sparks”
President and CEO
For further information, contact:
Gregory B. Sparks, President and CEO
Email: greg@scminerals.com
Phone: 604-899-0100
Fax: 604-899-0200
Scott Young, Corporate Communications – Canada
Email: scott@scminerals.com
Phone:
: 705-888-2756
Fax: 604-899-0200
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. There is no guarantee that the tenor or continuity of the resource target discussed herein will ultimately prove to be as delineated in the Company’s sampling program, nor that the yields obtained by production scale gravity extraction will be comparable to the yields produced in the sampling program.
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Investor relations contacts
Scott Young, Investor Relations – Canada
Phone: (604) 888-2756
Fax: (604) 899-0200
Email: scott@scminerals.com