Kirkland Lake, Ontario ?December 14, 2011 ? Mistango River Resources Inc. is forwarding a copy of the attached news release to those shareholders and interested parties registered on our internal email mailing list. If you wish to unsubscribe to our mailing list please click on this link
SACKVILLE EXPLORATION UPDATE
December 14, 2011 (KIRKLAND LAKE, ONTARIO): Mistango River Resources Inc. (CNSX: MIS) (GLRAF: OTC) (the ?Company?)
Mistango River Resources Inc. is pleased to report on the exploration progress on its Sackville property located near Thunder Bay, Ontario.
During the summer and fall Mistango carried out extensive geochemical soil and till sampling followed by a new I P (induced polarization) survey covering a gap between former I P surveys.
Mistango has now received all results of the geochem sampling and IP survey.
Both the soil and till sampling have returned encouraging results. Soil samples of Zinc and related minerals are numerous and range from a low of 100ppm Zinc to over 1000ppm (anything below 100 is not followed up) several till samples are over 100ppm Zinc and related minerals and anything over 100 ppm is considered very anomalous based on past experience. The I P survey has located 11 conductive zones in the vicinity of the soil and till sample areas.
Mistango is very pleased to also announce that the 43-101 report on the Omega Mine property if now posted on Sedar and the Company?s website and that drilling is continuing at the Omega property using two drills.
Robert Kasner President and CEO of Mistango stated that Sackville results are very encouraging as the till and soils are not heavy mineral samples, but unaltered soil and till analyzed by Enzyne Leach. The I P has indicated areas that have not been previously tested. Possibly Mistango is now getting closer to finding the source of the High Grade Stares and Boomer boulders.
Soil and till site sample are collected in the field, bagged, numbered and taken directly to Activation Laboratory in Thunder Bay by Mistango personnel in sealed rice bags where they are analyzed using the Enzyne Leach method.
Mistango is a Canadian based exploration and development company focussing on its Omega Mine project, with other properties in Ontario and Quebec. For additional information about Mistango and its mining properties, please visit Mistango?s web site www.mistangoriverresources.ca
This news release contains certain ?forward-looking information?. All statements, other than statements of historical fact, that address activities, events or developments that Mistango believes, expects or anticipates will or may occur in the future including, without limitation, statements relating to Mistango?s anticipated use of proceeds from the Offering, are forward-looking statements. These forward-looking statements reflect the current expectations or beliefs of Mistango based on information currently available to Mistango. Forward-looking statements are subject to a number of significant risks and uncertainties and other factors that may cause the actual results of Mistango to differ materially from those discussed in the forward-looking statements, and even if such actual results are realized or substantially realized, there can be no assurance that they will have the expected consequences to, or effects on Mistango. Factors that would cause actual results or events to differ materially from current expectations include, but are not limited to, Mistango?s decision to cancel its exploration program on its Omega gold property.
For further information please contact
Robert J. Kasner, President & CEO
Telephone: 705-567-5351
E-mail: bobkasner@yahoo.com
Donald Kasner, Investor Relations
Telephone: 705-570-1019
E-mail: drkkasner@yahoo.com
Website: www.mistangoriverresources.ca
The CNSX has not reviewed and does not accept responsibility for the adequacy of this release