SOURCE: Sacre-Coeur Minerals, Ltd.
Aug 27, 2007 03:01 ET
Sacre-Coeur Minerals, LTD.: Gold-Bearing Zone at Million Mountain Continues to Expand; 100 Meter Stepout to the Southeast Yields 106.9 Meters @ 1.36 g/t AU
VANCOUVER, BC--(Marketwire - August 27, 2007) - SACRE-COEUR MINERALS, LTD. (the "Company") (TSX VENTURE: SCM) (FRANKFURT: S5N) today announced that it has received assays from Acme Laboratories Inc. of Georgetown, Guyana for four additional drill holes at its Million Mountain Project located in the Middle Puruni River region of Guyana. Two of the holes reported were drilled as step-outs to the East side of the newly developing Southeast zone. They provide further confirmation that the heart of the main ore body jogs to the East as it progresses to the South, while remaining essentially continuous.
Holes MM7607 and MM7507 were drilled 50 and 100 meters respectively further to the Southeast than the last holes on this line, (previously reported MM6607 and MM6707, which were collared on the same pad and drilled at -45 degrees and -60 degrees respectively). The two new holes to the Southeast were more robust and continuous than previously reported holes MM6607 and 6707. Current hole MM7607 fifty meters to the Southeast along the same grid line produced 75.87m @ 1.13 g/t Au; current hole MM7507 one hundred meters to the Southeast along the same grid line produced 106.89 m @ 1.36 g/t.
Gold mineralization in both MM7607 and MM7507 is essentially continuous and includes a number of higher grade shoots similar to the main zone North of the offset. For example, MM7607 includes an interval of 3.05m @ 9.27 g/t Au, while MM7507 includes 10.10m grading 2.59 g/t Au and 16.85m grading 2.51 g/t Au, with contained narrow high grade shoots of 5 - 17 g/t Au.
Confirmation of this gentle off-set to the main mineralized body has resulted in a shift of the drill program further to the East as the program advances to the South. Trenching and sampling is presently underway extending more than 1000 meters further to the East, with preliminary work suggesting that the Southeast zone may continue to be productive more than one kilometre from the current drilling area. Assay results from these trenches and from further step out drilling to the East and South are pending.
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TABLE OF SELECTED DRILL RESULTS
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Drill Hole From (m) To (m) Interval (m) Assay (g/t Au)
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MM7607 1.30 77.17 75.87 1.13
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Including 15.00 44.00 29.00 2.11
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which includes 24.45 27.50 3.05 9.27
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MM7507 52.11 159.00 106.89 1.36
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Including 70.25 81.00 10.10 2.59
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Including 131.52 148.37 16.85 2.51
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Notes: 1) Intercepts are not resolved to true width. 2) Assays are uncut, though no significant statistical outliers occur in the sample population.
Assay results were also returned for drill holes MM6907 and MM8107. Though showing anomalous gold mineralization, neither contained significant mineralized zones of potential economic interest, as they were drilled well to the West of the now recognized offset in the main zone.
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Drill Hole Survey Data
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Drill Hole UTM Grid East North Collar Elev. Azimuth Inclination
No. (m) (m) (m) (true N)
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MM6907 21N 241151.20 696992.95 70.20 286 -60
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MM7507 21N 241287.05 697032.87 62.39 286 -60
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MM7607 21N 241233.55 697045.49 66.52 286 -45
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MM8107 21N 241199.55 696979.52 76.85 286 -45
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According to Irwin Olian, CEO of the Company, "It is extremely encouraging to see lengthy intervals of more robust gold-bearing mineralization as we step out to the Southeast from the perimeter of the main zone at Million Mountain. Ground exploration to the South and East suggests this zone will be highly productive as we continue to step out further. We eagerly await pending assay results from holes drilled further along this trend, as well as from the trenching extending one kilometer from the current holes reported."
Assay Data
The Company is now utilizing Acme Laboratories for its core assays, as Acme's facilities are ISO certified and it has recently opened a prep facility in Georgetown, Guyana. Prepared samples are shipped to its analytical lab in Santiago, Chile for determination. Every tenth sample is split and a duplicate sample is shipped to ALS Chemex Vancouver, BC facility for check assay. As well, splits of all samples determined by Acme to be 5 g/t Au or greater are also shipped to ALS Chemex for check assay. The results presented herein are produced by Acme. These results are inclusive of the assay of the coarse metallic fraction composited with the assay for the -200 mesh pulp to produce a total contained gold assay. The Company continues to use Loring Laboratories - Guyana for expedient turn-around of its field samples.
Drilling
Drilling reported herein was completed utilizing the Company's Atlas Copco CS 14 core drill operated by Company employees. All holes were continuously cored utilizing HQ equipment through the saprolite and then reduced to NQ for coring un-weathered rock. Core recovery in saprolite has remained in excess of 90%, and approaches 100% in un-weathered rock.
Technical Staff
The Company's exploration program is overseen by Gregory B. Sparks, P. Eng., Senior Vice President Mining and Exploration for the Company, along with the Million Mountain Project geologic staff including Henry Salvado, Chief Geologist Puruni Region, Alan Davies, P. Eng., P.Geo., Senior Project Geologist, J.C. Toro Taylor, Senior Project Geologist, and Raul Escarrachi, Senior Project Geologist, with assistance from Dr. Hendrikus Aarden, P. Geo., Senior Geologic Consultant. Mr. Sparks, Mr. Davies and Dr. Aarden are all Qualified Persons under NI 43-101. Mr. Ardito Martohardjono, a Director of the Company and laboratory specialist, provides assistance establishing lab protocols and sample handling and assay quality control.
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 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.
"Gregory B. Sparks"
Gregory B. Sparks, P. Eng.
Sr. VP Mining & Exploration
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.