Sacre-Coeur Minerals Ltd.

Published : February 26th, 2008

NEW TRENCH AND PIT DATA EXPANDS HIGH-GRADE ZONE AT SACRE-COEUR?S NORTHWEST GOLD PROJECT; 12 METERS A

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Sacre-Coeur Minerals

Sacre-Coeur Minerals, Ltd.
Suite 1925, Box 11553
650 West Georgia Street
Vancouver, BC
V6B 4N8

FOR IMMEDIATE RELEASE

 

February 26, 2008                                                                                                                        TSX: SCM.V

FRANKFURT: S5N

 

 

NEW TRENCH AND PIT DATA EXPANDS HIGH-GRADE ZONE AT SACRE-COEUR’S NORTHWEST GOLD PROJECT; 12 METERS AVERAGE 7.90 g/t AU

 

VANCOUVER, British Columbia – SACRE-COEUR MINERALS, LTD. (the “Company”) is pleased to report that further results from its trenching and test pitting program recently conducted on a portion of its Northwest Project area in Guyana continue to expand and demonstrate continuity of the zone of near surface high-grade gold mineralization.  Test pit NWHTP yielded 12 meters averaging 7.90 g/t Au, which include a vein with true width of 0.8 meters grading 21.41 g/t Au hosted in mineralized country rock.

 

As reported previously, the Company is conducting a mechanized trenching program to further test the anomalous area identified by soil sampling in its Northwest Project area.  Complete assays for four additional trenches and partial assays for seven trenches and one test pit have been received.   Because the mineralized zones are sub-horizontal, trench and pit channel samples were oriented near vertical (normal to the dip of the mineralized structures) at sample stations located at approximate one meter intervals along the trenches.  Selected results from some intersections of the mineralized zone are presented in the table below.

 

Trench Number

Sample Sta.

From (m)

To (m)

Interval (m)

Assay (g/t Au)

NWHTP (test pit)

4m

0.0

0.8

0.8

                                     21.41

 

4m

0.8

1.3

0.5

                                      2.69

 

6m

0.0

0.8

0.8

                                    17.21

 

6m

0.8

1.8

1.0

                   (assay pending)

 

6m

1.8

2.8

1.0

                                      1.24

 

12m

0.0

1.0

1.0

                    (assay pending)

 

             12m

1.0

1.6

0.6

                                      7.87

 

             12m

1.6

2.6

1.0

                    (assay pending)

 

14m

2.5

3.5

1.0

                                      1.82

 

16m

0.0

0.8

1.4

                                      4.26

 

 

 

 

 

 

NWTR 7B

0m

1.2

1.7

0.5

                                      1.30

 

0m

1.7

2.5

0.8

                                      4.53

 

2m

1.0

1.9

0.9

                                      8.47

 

6m

3.0

3.8

0.8

                                      3.87

 

8m

3.0

3.5

0.5

                                      4.17

 

10m

3.0

3.9

0.9

                                      1.56

 

64m west

1.0

1.5

0.5

                                      2.93

 

64m west

1.5

2.3

0.5

                                      3.73

 

66m west

0.0

0.8

0.8

                                      1.19

 

68m west

0.0

0.8

0.8

                                      3.18

 

70m west

0.0

0.8

0.8

                                      3.44

 

 

Trench Number

Sample Sta.

From (m)

To (m)

Interval (m)

Assay (g/t Au)

NWTR 19B 

14m

0.0

2.0

2.0

                                      2.66

 

15m

0.0

2.0

2.0

                                      4.35

 

 

 

 

 

 

NWTR 7A 

14m

1.9

2.7

0.8

                                    25.20

 

Notes:  1) Samples are cut normal to the dip of the structure, thus represent true width. 2) Samples presented in this table are assayed by Loring Laboratories as further described below. From-To represent depths in meters from surface.

 

Trench Survey Data

 

Trench No.

East

(m)

North

(m)

NWHTP

    824,682

837,565

NWTR7B

    824,661

837,603

NWTR19B

    824,364

837,219

NWTR7A

    824,720

837,565

 

Though trenching presents essentially only a two dimensional picture by intersecting the relatively flat-lying mineralized zone at or near its outcrop, geologic mapping of the trenches indicates a package of closely spaced sub-horizontal veins of similar tenor greater than 10 meters thick persisting over an area measuring approximately 1200 meters by 350 meters.  A relatively shallow grid of core drill holes is planned to establish a third dimension for the gold bearing zone.  Because of the successful in-house drilling program at its Million Mountain Project in Guyana, the Company has purchased a new Atlas Copco CT 14 core drill mounted on a crawler carrier and is preparing to commission the rig for drilling this highly encouraging zone along with numerous other prospective targets on its Northwest Project area.

 

According to Irwin Olian, CEO of the Company, “Early results from our trenching and pitting program at the Northwest Project are producing robust results that give us great encouragement for the potential of this new project area.  We are looking forward to the arrival of our new Diamond drill rig on site so that we may commence drilling to evaluate the width and continuity of the gold-bearing zone.  It has already been traced on surface to cover an area of approximately 1200 m by 350 m, so the potential is certainly great.  The Northwest Project now gives the Company a second major gold project in development in Guyana to go along with the Million Mountain Project where drilling is ongoing.”

 

Assay Data

 

The Company uses Acme Laboratories for its core sample assays.  Samples are prepared at Acme’s Georgetown Guyana prep facility.  Prepared samples are shipped to Acme’s analytical lab in Santiago, Chile for determination.  Acme’s facilities are ISO certified.  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 composites of the assay of the coarse metallic fraction (+200 mesh) and the assay for the -200 mesh pulp to produce a total contained gold assay.

 

The Company uses Loring Laboratories – Guyana, a subsidiary of Loring Laboratories, Ltd. of Calgary Alberta to analyze geo-chem and other field samples.  Splits of every 10th sample and splits of all samples returning assay of greater than 5.0 g/t Au are sent to ALS Chemex Vancouver BC facility for check assay. The results presented herein are composites of the assay of the coarse metallic fraction (+200 mesh) and the assay for the -200 mesh pulp to produce a total contained gold assay.   

 

 

Technical Staff

 

The Company’s exploration program is overseen by Gregory B. Sparks, P. Eng., Senior Vice President Mining and Exploration for the Company.  Mr. Sparks is a Qualified Persons under NI 43-101.  Mr. Luis Gana is Chief Geologist Northwest Region.  He is assisted by Joseph Calpito, Senior Project Geologist.    Mr. Henry Salvado is Chief Geologist Puruni Region (which includes Million Mountain Project).  He is assisted by Messrs. Alan Davies, Carlos Toro-Taylor, and Bjorn Jeune, all Senior Project Geologists.  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

 

 

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>.

 

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.

 



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Sacre-Coeur Minerals Ltd.

EXPLORATION STAGE
CODE : SCM.V
CUSIP : 786178
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Sacre-Coeur Min. is a gold exploration company based in Canada.

Sacre-Coeur Min. holds various exploration projects in Guyana.

Its main exploration properties are MILLION MOUNTAIN, NORTHWEST GOLD, KARTUNI and NORTHWEST REGIONAL BLOCK in Guyana.

Sacre-Coeur Min. is listed in Canada and in Germany. Its market capitalisation is CA$ 994 050 as of today (US$ 830 827, € 701 218).

Its stock quote reached its highest recent level on April 27, 2007 at CA$ 3.60, and its lowest recent point on August 15, 2014 at CA$ 0.01.

Sacre-Coeur Min. has 66 269 996 shares outstanding.

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Financings of Sacre-Coeur Minerals Ltd.
9/19/2013REPORTS NEGOTIATION OF US $10 MILLION FINANCING
3/15/2011 Closes $2.575 Million Private Placement
2/17/2011Announces Private Placement
4/28/2010closes $1,225 million private placement
4/13/2010Announces private placement
8/30/2008CLOSES $1.550 MILLION PRIVATE PLACEMENT
8/29/2008ANNOUNCES ADDITIONAL PRIVATE PLACEMENT
8/15/2008CLOSES FURTHER $4.125 MILLION PRIVATE PLACEMENT; GUYANA PROG...
8/6/2008 ANNOUNCES PRIVATE PLACEMENT
8/9/2008CLOSES $3.625 MILLION PRIVATE PLACEMENT
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1/28/2009GRANTS STOCK OPTIONS
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1/18/2012ANNOUNCES APPOINTMENT OF MR. JOHN BOOTH AS DIRECTOR, AND ELE...
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7/29/2013Prime Equity Research - Buy Target $0.64 (CA: SCM.v or US:...
6/20/2013REPORTS RESULTS FROM GUYANA METALLURGICAL TEST HOLES: LENGTH...
10/16/2012ANNOUNCES TWELVE WEEK ELLUVIAL/ALLUVIAL GOLD PRODUCTION FIG...
8/1/2012(Million Mountain)ARRANGES EQUIPMENT SALE TO RIVERSIDE RESOURCES: AIMS AT DEV...
3/23/2011(Million Mountain)Drill Testing Targets for Expansion of Million Mountain Zone...
1/5/2009(Kartuni)COMPLETES PRIORITIZATION AND RESTRUCTURING OF ITS GUYANA PRO...
12/12/2008(Million Mountain)DISCOVERS PORPHYRY-TYPE AU, CU, MO MINERALIZATION AT MILLION...
11/12/2008(Northwest Regional Block)COMPLETES INITIAL ASSESSMENT OF ITS GUYANA EXPLORATION PORTF...
7/14/2008(Northwest Regional Block)COMMENCES DRILLING KEY TARGETS AT NORTHWEST GOLD PROJECT
2/26/2008(Northwest Regional Block)NEW TRENCH AND PIT DATA EXPANDS HIGH-GRADE ZONE AT SACRE-COE...
Corporate news of Sacre-Coeur Minerals Ltd.
8/26/2013Event Driven Trading Opportunity in Sacre-Coeur Minerals as ...
5/17/2013Article on Sacre-Coeur Minerals written by ProactiveInvestor...
5/6/2013Article on Sacre-Coeur Minerals (TSX-V: SCM, US-OTC: SCRMF)
3/29/2013March News (TSX-V: SCM - OTC: SCRMF)
3/14/2013targets $40mln a year cash flow (TSX-V: SCM, market cap $12...
2/7/2013ENGAGES DEDICATED INVESTOR RELATIONS COORDINATOR
10/5/2012CLOSES FIRST TRANCHE OF BROKERED OFFERING
2/6/2012ANNOUNCES ARRANGEMENT OF $650,000 CREDIT FACILITY
12/15/2011ANNOUNCES FORMATION OF CONTRACT DRILLING DIVISION
6/2/2011JOIN SACRE - COEUR MINERALS AT THE 2011 WORLD RESOURCE INVES...
2/1/2011Grants Severstal Two Week Extension
1/23/2009ENGAGES SCOTT YOUNG FOR INVESTOR RELATIONS TEAM
1/15/2009SHALLOW PROSPECT DRILLING AT SACRE-COEUR?S NORTHWEST DISTRIC...
7/7/2008ADDS SEVEN NEW TARGET ZONES AT MILLION MOUNTAIN ? DRILLING U...
11/19/2007FORMAL AGREEMENT CONCLUDED FOR TRANSFER OF MILLION MOUNTAIN ...
5/23/2007RECEIVES $1.8 MILLION FROM RECENT WARRANT EXERCISES
5/14/2007250 METER STEPOUT TO SOUTH YIELDS BROAD LOW GRADE ZONE; INTE...
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