Manson Creek Resources Ltd.

Published : April 16th, 2012

Manson Creek Provides Corporate Update

( 0 vote, 0/5 ) Print article
  Article Comments Comment this article Rating Follow Company  
0
Send
0
comment
Keywords :   Canada | Diamond | Gold | Gold Mines | Silver | Zinc |

Marketwire

 
 
Manson Creek Resources Ltd.
TSX VENTURE: MCK
Other Recent News | Printer Friendly Version

April 16, 2012
Manson Creek Provides Corporate Update
CALGARY, ALBERTA--(Marketwire - April 16, 2012) - Manson Creek Resources Ltd. (TSX VENTURE:MCK) ('Manson Creek') is pleased to provide a corporate update on the upcoming 2012 exploration season.

The Company's submission to the Yukon Environmental and Socio-economic Assessment Board (YESAB) has now entered the 'Preparing Recommendation' phase with the permitting process proceeding smoothly. The submission covers the necessary permits that would allow for the construction of a 10 to 12 person drill camp, line cutting required for the ground geophysical survey, the construction of drill pads, and up to 2,000 meters of proposed Diamond drilling on the Tell project. It is anticipated that a decision will be provided within the coming weeks. The Company is finalizing logistical contracts and agreements with various vendors and service providers in the Yukon.

The exploration budget for the Up Town Gold project in the Northwest Territories is nearing finalization. The program is expected to begin in mid May with detailed geological mapping that will outline gold mineralized zones for follow-up sampling.

In order to focus resources on the Tell and Up Town Gold projects for the coming exploration year, Manson Creek has returned the Virgin Arm Newfoundland project back to the vendors.

Tell Project Background

Work on the Tell property in 2011 led to the discovery of six new mineralized natural spring gossans. These discoveries were in addition to the strongly mineralized Tell showing. The new discoveries extend over an area of 600 meters east to west and extend over 450 meters north to south with the mineralization remaining open in all directions. The 2,200 hectare Tell property is located immediately south of ATAC Resources Ltd.'s Rau claim block.

The Company believes the seven Tell property gossans to be of extreme significance due to the number of successful drill discoveries made on similar gossans in the region. The Tell gossans, which have not been drill tested to date, bear strong similarities to the Ocelot discovery which was made by drill testing a natural spring gossan displaying similar strongly anomalous zinc and other pathfinder elements.

Exploration proposed for the Tell Project in 2012 includes early season ground geophysical surveys followed up by geological and structural mapping that will provide final details for the targeted Diamond drill program, slated to follow during the summer. The Company has already secured a Diamond drill rig for the program.

Up Town Gold Project Background

The Up Town Gold property is within sight of two prolific gold producers, the Giant and Con gold mines that have produced over 12,000,000 ounces of gold. The property encompasses five known gold bearing zones that are hosted in Archean granodiorites. An increasing number of significant bulk mineable low grade gold deposits have been found in similar Archean granitic rocks in Canada and elsewhere in the World. There is a growing awareness that they constitute a separate deposit class which can be referred to as Granite Hosted Lode Gold deposits.

A due diligence visit conducted by company geologists in December located many of the historical areas of trenching and excavation on the property. Grab samples were collected at various occurrences and returned assays ranging from trace amounts of gold to as much as 46.6 g/t gold. The samples also returned significant silver values ranging from 0.1 g/t silver to greater than 100 g/t silver.

The President of Manson Creek Resources Ltd., Regan Chernish P.Geol., is the Qualified Person responsible for the preparation of this news release.

Regan Chernish, P. Geol., President and Director

Except for the historical and present factual information contained herein, the matters set forth in this news release, including words such as "expects", "projects", "plans", "anticipates" and similar expressions, are forward-looking information that represents management of Manson Creek's internal projections, expectations or beliefs concerning, among other things, future operating results and various components thereof or the economic performance of Manson Creek. The projections, estimates and beliefs contained in such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause Manson Creek's actual performance and financial results in future periods to differ materially from any projections of future performance or results expressed or implied by such forward-looking statements. These risks and uncertainties include, among other things, those described in Manson Creek's filings with the Canadian securities authorities. Accordingly, holders of Manson Creek shares and potential investors are cautioned that events or circumstances could cause results to differ materially from those predicted. Manson Creek disclaims any responsibility to update these forward-looking statements.


The TSX Venture Exchange has neither approved nor disapproved of the contents of this press release.

CONTACT INFORMATION:

Manson Creek Resources Ltd.
Regan Chernish
1.403.233.0464
Fax: 403.266.2606
www.manson.ca

INDUSTRY: Manufacturing and Production - Mining and Metals

Footer


If you no longer want to receive announcements from us, please do not reply to this e-mail. Instead simply click .
Data and Statistics for these countries : Canada | All
Gold and Silver Prices for these countries : Canada | All

Manson Creek Resources Ltd.

EXPLORATION STAGE
CODE : MCK.V
ISIN : CA5644491063
Follow and Invest
Add to watch list Add to your portfolio Add or edit a note
Add Alert Add to Watchlists Add to Portfolio Add Note
ProfileMarket
Indicators
VALUE :
Projects & res.
Press
releases
Annual
report
RISK :
Asset profile
Contact Cpy

Manson Creek Res. is a silver and gold exploration company based in Canada.

Manson Creek Res. holds various exploration projects in Canada.

Its main exploration properties are BLACK LAKE, MERIDIAN, VIRGIN ARM, CUPRUM, PALOMINO and SILVER DOLLAR in Canada.

Manson Creek Res. is listed in Canada and in United States of America. Its market capitalisation is CA$ 10.0 millions as of today (US$ 7.6 millions, € 6.2 millions).

Its stock quote reached its highest recent level on July 29, 2011 at CA$ 1.80, and its lowest recent point on April 15, 2016 at CA$ 0.01.

Manson Creek Res. has 31 250 000 shares outstanding.

Your feedback is appreciated, please leave a comment or rate this article.
Rate : Average note :0 (0 vote) View Top rated
 
Financings of Manson Creek Resources Ltd.
4/30/2014Closes Financing
11/2/2012Manson Creek Closes First Tranche in Non-Brokered Financing
11/1/2012Closes First Tranche in Non-Brokered Financing
10/15/2012Manson Creek Announces Non-Brokered Financing
10/15/2012Announces Non-Brokered Financing
5/17/2012Manson Creek Completes $106,000 Non-Brokered Financing
4/17/2012Manson Creek Announces Non-Brokered Financing
Nominations of Manson Creek Resources Ltd.
6/18/2012Manson Creek Appoints Interim Chief Financial Officer
Project news of Manson Creek Resources Ltd.
11/14/2013Provides Exploration Update
8/12/2013Closes the Option of the Up Town Gold Project, NWT
7/24/2013Commences Field Work on Grommet Property in Yukon and Approv...
11/5/2012Manson Creek Reports Exploration Underway on Up Town Gold Pr...
7/25/2012Manson Creek Identifies Large Target Beneath =?ISO-8859-1?Q?...
6/13/2012Manson Creek Reports Exploration Underway on Tell Project in...
4/30/2012Manson Creek Provides Up Town Gold Project Update
1/24/2012Manson Creek Acquires Gold Project Adjacentto 7 Million Ounc...
1/9/2012Manson Creek Secures Diamond Drill For Tell Property in Yuko...
8/22/2011Manson Creek Confirms Mineralized Gossans at the Tell Proper...
8/8/2011Manson Creek Completes Diamond Drilling On Virgin Arm Gold P...
7/25/2011Manson Creek Discovers Three New Gossans on Tell Project, Yu...
7/14/2011Manson Creek Commences Diamond Drilling on its Virgin Arm Go...
7/14/2011(Virgin Arm)Commences Diamond Drilling on its Virgin Arm Gold Project
6/27/2011(Cr)Exploration Underway on Manson Creek's Yukon Project
6/22/2011(Cr)Douglas Bryan, Manson Creek Resources Ltd. Director, Passes ...
5/25/2011Trenching Program Underway on Manson Creek's Virgin Arm Gold...
5/25/2011(Virgin Arm)Trenching Program Underway on Manson Creek's Virgin Arm Gold...
5/5/2011(Virgin Arm)Receives 2011 Exploration Permits and Secures Diamond Drill
5/4/2011Manson Creek Receives 2011 Exploration Permits and Secures D...
Corporate news of Manson Creek Resources Ltd.
7/14/2015Manson Creek Appoints Cornell McDowell as a Director and Pro...
12/22/2014December 12 2014: Manson Creek Terminates Option on Uptown G...
12/22/2014Manson Creek Terminates Option on Uptown Gold Property, NWT
9/22/2014Manson Creek Outlines Large Anomalous Silver-Zinc Intersecti...
8/20/2014Manson Creek Completes Phase 1 Drilling at the Guaman Projec...
7/23/2014Manson Creek Announces Filing of a 43-101 Report on the Guam...
7/14/2014Manson Creek Announces Results of Annual & Special Meeting a...
6/23/2014Manson Creek Completes Phase 1 Program on the Guaman Project...
4/22/2014Manson Creek Resources Ltd.: Completion of Share Consolidati...
4/15/2014Manson Creek Provides a Corporate and Technical Update
1/10/2014Announces Change of Auditor
11/26/2013President and Director Resigns from Manson Creek
3/12/2013Manson Creek Options the Up Town Gold Proj =?ISO-8859-1?Q?ec...
3/12/2013Options the Up Town Gold Project, NWT to Petro-Occidente Cap...
1/22/2013Manson Creek Extends Gold Mineralization at Up Town Gold Pro...
1/22/2013Extends Gold Mineralization at Up Town Gold Project, NWT
9/14/2012Manson Creek Provides Corporate Update
9/14/2012Provides Corporate Update
6/26/2012Manson Creek Finds Widespread High Grade Gold and Silver at ...
5/24/2012Manson Creek Announces Annual Meeting Results
4/16/2012Manson Creek Provides Corporate Update
3/30/2012Manson Creek Extends Warrants
9/7/2011Manson Creek Intersects 5=2E75 g/t Gold Over 1=2E0 Meter at ...
7/19/2011Manson Creek Expands Tell Claim Block, Yukon
7/19/2011Expands Tell Claim Block, Yukon
Comments closed
 
Latest comment posted for this article
Be the first to comment
Add your comment
TSX-V (MCK.V)Other OTC (MCKRF)
0.320-13.51%0.012+0.00%
TSX-V
CA$ 0.320
03/19 12:33 -0.050
-13.51%
Prev close Open
0.370 0.360
Low High
0.320 0.360
Year l/h YTD var.
 -  -
52 week l/h 52 week var.
- -  0.320 -%
Volume 1 month var.
29,527 -%
24hGold TrendPower© : 44
Produces
Develops
Explores for Gold - Silver - Uranium
 
 
 
Analyse
Interactive chart Add to compare
Interactive
chart
Print Compare Export
You must be logged in to use the porfolio and watchlists (free)
Top Newsreleases
MOST READ
Annual variation
DateVariationHighLow
 
5 years chart
 
3 months chart
 
3 months volume chart
 
 
Mining Company News
Plymouth Minerals LTDPLH.AX
Plymouth Minerals Intersects Further High Grade Potash in Drilling at Banio Potash Project - Plannin
AU$ 0.12-8.00%Trend Power :
Santos(Ngas-Oil)STO.AX
announces expected non-cash impairment
AU$ 7.68-0.52%Trend Power :
Oceana Gold(Au)OGC.AX
RELEASES NEW TECHNICAL REPORT FOR THE HAILE GOLD MINE
AU$ 2.20+0.00%Trend Power :
Western Areas NL(Au-Ni-Pl)WSA.AX
Advance Notice - Full Year Results Conference Call
AU$ 3.86+0.00%Trend Power :
Canadian Zinc(Ag-Au-Cu)CZN.TO
Reports Financial Results for Q2 and Provides Project Updates
CA$ 0.12+4.55%Trend Power :
Stornoway Diamond(Gems-Au-Ur)SWY.TO
Second Quarter Results
CA$ 0.02+100.00%Trend Power :
McEwen Mining(Cu-Le-Zn)MUX
TO ACQUIRE BLACK FOX FROM PRIMERO=C2=A0
US$ 10.89-1.36%Trend Power :
Rentech(Coal-Ngas)RTK
Rentech Announces Results for Second Quarter 2017
US$ 0.20-12.28%Trend Power :
KEFIKEFI.L
Reduced Funding Requirement
GBX 0.55-0.72%Trend Power :
Lupaka Gold Corp.LPK.V
Lupaka Gold Receives First Tranche Under Amended Invicta Financing Agreement
CA$ 0.06+0.00%Trend Power :
Imperial(Ag-Au-Cu)III.TO
Closes Bridge Loan Financing
CA$ 2.36-3.28%Trend Power :
Guyana Goldfields(Cu-Zn-Pa)GUY.TO
Reports Second Quarter 2017 Results and Maintains Production Guidance
CA$ 1.84+0.00%Trend Power :
Lundin Mining(Ag-Au-Cu)LUN.TO
d Share Capital and Voting Rights for Lundin Mining
CA$ 15.64+2.69%Trend Power :
Canarc Res.(Au)CCM.TO
Canarc Reports High Grade Gold in Surface Rock Samples at Fondaway Canyon, Nevada
CA$ 0.24+2.17%Trend Power :
Havilah(Cu-Le-Zn)HAV.AX
Q A April 2017 Quarterly Report
AU$ 0.20+7.89%Trend Power :
Uranium Res.(Ur)URRE
Commences Lithium Exploration Drilling at the Columbus Basin Project
US$ 6.80-2.86%Trend Power :
Platinum Group Metals(Au-Cu-Gems)PTM.TO
Platinum Group Metals Ltd. Operational and Strategic Process ...
CA$ 1.87+6.25%Trend Power :
Devon Energy(Ngas-Oil)DVN
Announces $340 Million of Non-Core Asset Sales
US$ 51.67-0.98%Trend Power :
Precision Drilling(Oil)PD-UN.TO
Announces 2017Second Quarter Financial Results
CA$ 8.66-0.35%Trend Power :
Terramin(Ag-Au-Cu)TZN.AX
2nd Quarter Report
AU$ 0.03-2.94%Trend Power :