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. 1
|