Manson Creek Resources Ltd.: New Discovery of 5.64 Grams Per Tonne Gold Extends Fox South Zone on Up Town Gold Property
Published : December 13, 2012
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Keywords :   Gold | Gold Mine | Gold Mines | Market | Shadow | Silver |

CALGARY, ALBERTA--(Marketwire - Dec. 13, 2012) - Manson Creek Resources Ltd. (News - Market indicators) ('Manson Creek') is pleased to announce the receipt of the remaining channel sample results from the fall exploration program on the Up Town Gold project in the Northwest Territories. The Company is encouraged with the Fox South sample results that outline an open-ended shear and alteration zone extending for over 470 meters. The widespread gold and silver mineralization occurs in the shadow of the historic Giant gold mine, located just 1.5 kilometers to the east. A map of sample locations is on the Company's web site at www.manson.ca.

The Fox South sampling entailed approximately 55 meters of continuous channel sampling that collected 65 representative samples and five additional chip and grab samples of four newly discovered mineralized occurrences south of the main Fox South zone.

Table 1. Significant Fox South Sample Results

Channel Location Mineralized Interval (m ) Gold g/t Silver g/t   Description
FS-07 1.00   0.80 2.40   Shear Zone
FS-06 1.00   1.35 0.30   Shear Zone
FS-06 0.50   0.72 1.10   Shear Zone
FS-03 2.50   1.05 1.60   Shear Zone
Including 1.50   1.57 2.20   Shear Zone
FS-01 3.00   0.63 0.23   Shear Zone
Including 1.00   1.42 0.40   Shear Zone
FS-E04 Grab   5.64 0.70   2 Meter Altered Zone
FS-E03 Grab   0.38 0.60   1 Meter Altered Zone
FS-E02 1.00   1.38 1.20   Shear Zone
FS-E01 2.00   1.04 0.65   Shear Zone

(i) All Channels oriented perpendicular to strike of shear zones.

New discovery grab samples returning up to 5.64 g/t gold and 1.20 g/t silver significantly extend the strike of the Fox South zone. The sampling results substantiate the Company's view that the Fox South zone is host to laterally striking extensive gold and silver mineralization. The proximity to the Yellowknife Greenstone Belt, host to both the historic Giant and Con gold mines, is compelling. Therefore, Manson Creek is currently considering follow up work on the Fox South zone in 2013.

The Company is eagerly awaiting the completion of the paved highway bypass that will cut through favourable geology within 500 meters of the Fox South zone. The road construction, currently underway, will provide an unprecedented opportunity to expose significant areas of new geology that compares favourably to other mineralized areas of the property. Manson Creek believes that the widespread hematite alteration associated with the gold and silver mineralization indicates that a large, widespread mineralized plumbing system is present within the Up Town Gold property.

Minor work was completed on the C zone, located 500 meters to the west of the Fox South zone. The anomalously mineralized C zone had four channels cut, totaling 31 meters, with the collection of 37 samples plus 4 grab samples. The area displays significant widespread alteration extending from the numerous shear zones present with the C6 and C3 shear zones returning 0.7 meters at 4.19 g/t gold and 2.1 g/t silver and 0.5 meters at 0.58 g/t gold with <0.1 g/t silver respectively.

Geologic logging of the core from the two small diameter drill holes from the J3 zone is complete and core has been submitted to the lab for analysis. The results are expected in four to six weeks.

The Up Town Gold property is within sight of two historic 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 hosted in Archean granodiorites. Manson Creek has completed reconnaissance prospecting and sampling over much of the core of the 3,388-hectare property. Gold mineralization, often with significant silver mineralization, extends over three kilometers of strike in the Rod, Fox South, J7 and C areas (Map of showing locations and Phase Two sampling can be found at www.manson.ca).

Analytical Method

Samples were submitted to Acme Labs in Yellowknife, Northwest Territories for analysis with all of the rock samples analyzed using inductively coupled plasma (ICP) together with mass spectrometry (MS) finish. Gold was analyzed by a fire assay preparation with an ICP-ES finish.

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.

Manson Creek Resources Ltd.
Regan Chernish
1.403.233.0464
www.manson.ca

Manson Creek Resources Ltd.

EXPLORATION STAGE
CODE : MCK.V
ISIN : CA5644491063
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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 VIRGIN ARM, BLACK LAKE, MERIDIAN, CR, CUPRUM and PALOMINO 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.

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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
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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...
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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...
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7/23/2014Manson Creek Announces Filing of a 43-101 Report on the Guam...
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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...
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9/14/2012Manson Creek Provides Corporate Update
9/14/2012Provides Corporate Update
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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
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