FOR IMMEDIATE
RELEASE May 14,
2007
TSX:
SCM.V FRANKFURT: S5N 250 METER STEPOUT TO SOUTH
YIELDS BROAD LOW GRADE ZONE; INTERVALS INCLUDE
55.2 METERS @ 1.09
G/T AU
VANCOUVER,
British Columbia – SACRE-COEUR MINERALS,
LTD. (the
“Company”) today announced that it has
received assays from Loring Laboratories Inc. of
Georgetown, Guyana for six additional drill holes
at its Million Mountain Project located in the
Middle Puruni River region of Guyana.
The holes reported herein (MM5307 through
MM5807) were drilled to expand the continuous
resource body to the Southwest from the zone
reported in previous releases.
The
furthest holes to the Southwest are located
approximately 200 meters South-Southwest of the
initial discovery holes (MM01-05 & MM02-05)
and 250 meters South-Southeast of the
Northwestern-most holes reported
previously. All of these holes
encountered substantial intercepts of gold
mineralization above 0.50 g/t Au
cut-off. TABLE
OF SELECTED DRILL
RESULTS
Drill
Hole | From
(m) | To
(m) | Interval
(m) | Assay (g/t Au)
|
MM5307
| 0.00
| 14.35
| 14.35
| 2.15
| including |
0.00 |
8.80 |
8.80 |
3.11 |
MM5307 |
46.95
| 48.65
| 1.70
| 0.64
| MM5307 |
75.3
| 77.6
| 2.30
| 0.55
| MM5307 |
100.35
| 101.95
| 1.60
| 1.70
| MM5307 |
162.20
| 165.30
| 3.10
| 0.64
| MM5307 |
179.80
| 199.15
| 19.35
| 0.52
| MM5307 |
213.40
| 215.40
| 2.00
| 0.60
| MM5407
| 0.00
| 9.75
| 9.75
| 1.39
| MM5407 |
54.00
| 59.50
| 5.50
| 0.68
| MM5407 |
68.30
| 72.90
| 4.60
| 0.57
| MM5407 |
103.30
| 111.30
| 8.00
| 0.55
| MM5407 |
119.00
| 131.40
| 12.40
| 0.88
| MM5407 |
135.10
| 137.60
| 2.50
| 0.57
| MM5407 |
152.60
| 155.60
| 3.00
| 0.63
| MM5407 |
202.10
| 203.40
| 1.30
| 0.58
| MM5407 |
213.30
| 214.70
| 1.40
| 0.59
| MM5407 |
217.50
| 219.90
| 2.40
| 0.52
| MM5407 |
221.70
| 224.40
| 2.70
| 0.57
| MM5507
| 0.00
| 23.80
| 23.80
| 0.56
| MM5507 |
48.53
| 52.23
| 3.70
| 0.94
| MM5507 |
77.35
| 78.55
| 1.20
| 0.87
| MM5507 |
100.70
| 104.50
| 3.80
| 0.63
| MM5507 |
107.86
| 113.55
| 5.69
| 0.50
| MM5507 |
126.15
| 135.80
| 9.65
| 0.52
|
MM5607
| 21.35
| 24.00
| 2.65
| 2.80
| MM5607 |
40.35
| 43.60
| 3.25
| 0.67
| MM5607 |
52.20
| 53.20
| 1.00
| 1.22
| MM5607 |
76.00
| 90.40
| 14.40
| 0.65
| MM5607 |
95.50
| 102.25
| 6.75
| 0.73
| MM5607 |
111.90
| 118.45
| 6.55
| 0.53
| MM5607 |
127.45
| 140.55
| 13.10
| 0.50
| MM5707
| 0.00
| 8.20
| 8.20
| 0.74
| MM5707 |
72.9
| 74.27
| 1.37
| 1.09
| MM5707 |
81.25
| 83.06
| 1.81
| 0.58
| MM5707 |
127.55
| 130.98
| 3.43
| 0.56
| MM5707 |
224.98
| 226.30
| 1.32
| 0.93
| MM5807
| 0.00
| 55.2
| 55.2
| 1.09
| including |
7.40
| 12.25
| 4.85
| 5.42
| MM5807 |
70.50
| 72.25
| 1.75
| 1.11
| MM5807 |
75.90
| 78.90
| 3.00
| 1.12
| MM5807 |
112.95
| 118.60
| 5.65
| 0.50
| MM5807 |
145.60
| 149.95
| 4.35
| 0.59
|
Notes: 1) Intercepts are not
resolved to true width. 2) Assays are uncut,
though no significant statistical outliers occur
in the sample population.
These drill
holes represent the furthest data to the Southwest
side of the resource body, located a little over
200 meters to the Southwest of the collar of the
initial discovery hole (MM0106) previously
reported. No mineralized
intervals of one meter or less have been reported
in the table above, though many short intervals of
greater than 0.5 g/t Au occur between the more
significant intervals presented in the table of
selected results.
Though all
holes reported herein, encountered substantial
zones of gold mineralization, the mineralized
zones are somewhat less continuous than the
typical “top-to-bottom” zones
encountered in drilling farther to the North and
East. This interruption in
continuity is believed to be related to a
Northwest trending shear occurring just to the
West of the holes reported in this
release. Ongoing drilling is
focused on defining the attitude and relative
movement along this shear, and the impacts on gold
mineralization further to the
West. Drill
Hole Survey Data
Drill
Hole | UTM Grid
No. | East
(m)
| North
(m)
| Collar
Elev. (m)
| Azimuth (true
N) | Inclination
| MM5307 |
21N | 240,994.47
| 697,041.50
| 67.54 |
106 | -60 |
MM5407 |
21N | 240,974.68
| 697,002.88
| 66.06 |
286 | -60 |
MM5507 |
21N | 240,975.43
| 697,002.61
| 66.00 |
286 | -45 |
MM5607 |
21N | 240,936.07
| 696,963.04
| 66.02 |
286 | -60 |
MM5707 |
21N | 240,936.78
| 696,962.85
| 65.99 |
286 | -45 |
MM5807 |
21N | 240,993.17
| 697,041.89
| 67.49 |
286 | -60 |
According to Irwin Olian, CEO
of the Company, "It is gratifying to see the
continuation of gold-bearing mineralization
reflected in this large step-out of some 250
meters on the Southwest perimeter of the zone at
Million Mountain. While this
southwest extremity appears to be relatively
low-grade in tenor, all six holes yielded
near-surface intervals above cut-off and add to
the overall scope of the project. We look forward
to further expansion of the zone as well as
successful infill drilling with a near-term goal
of establishing a meaningful gold resource and
demonstrating continuity of the large body of
mineralization discovered at Million
Mountain." Assay
Data The Company
uses preliminary results from Loring Laboratories
– Guyana, a subsidiary of Loring
Laboratories, Ltd. of Calgary, Alberta
qualitatively to help guide its ongoing drilling
program because of expedient availability of data,
but relies on ALS Chemex for final results as
Chemex is an ISO certified facility.
The results presented herein
are produced by Loring. 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 results
reported herein are produced by Loring
Laboratories – Guyana, and are therefore
considered preliminary. Final
assays determined by ALS Chemex, will only be
reported if they differ significantly from the
preliminary results determined by
Loring. 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 project geologic staff including Henry
Salvado, Senior Project Geologist, Alan Davies, P.
Eng., Senior Project Geologist, and Joseph
Calpito, 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 For further
information, contact:
Irwin Olian, President and
CEO Email:
tigertail@scminerals.com Phone: 604-899-0100 Fax:
604-899-0200 | Lee Dunston, Corporate
Communications Email:
ldunston@scminerals.com Phone:
604-899-0100 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.
Regards, Wilma McKenzie Project Coordinator Sacre-Coeur Minerals, Ltd. WILMA@SCMINERALS.COM |