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Senator Minerals Inc.

Publié le 09 juillet 2008

"Update: Taurus Cu-Mo-Au Property, Alaska"

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Mots clés associés :   1971 | Canada | Copper | K Street | Senator | Uranium |
SENATOR MINERALS INC
 
NEWS RELEASE
8 July 2008
TSX-V: SNR
Frankfurt: T1K
SNR # 2008-8                                    
"Update: Taurus Cu-Mo-Au Property, AK"

 

Senator Minerals Inc ("Senator" or "the Company") reports that it has received an updated technical report on the Company�s 100% owned Taurus property in southeastern Alaska.  This report includes the results of independent check sampling carried out in 2007.

Nine selected core intervals were taken from the core racks in order to prepare check samples of the 1996 drilling results.  Every second piece of core split in 1996 was taken from the duly noted and labeled core intervals in order to provide a representative sample.  Check sampling assay results match well with 1996 reported results.

2007 Assay Results
Hole             Intersection (feet)              Intersection (meters)            Assay results
                 from    to      interval        from    to      interval                 Copper %        Moly %      Gold g/t
T96-30  
                 232     241     9                70.7    73.5    2.7                       0.41             0.081            0.08
                 241     250     9                73.5    76.2    2.7                       0.54             0.038            0.085
                 454     463     9                138.4   141.1   2.7                       0.30             0.03             0.11
T96-31  
                 232     241     9                70.7    73.5    2.7                       0.26             0.022            0.065
                 241     249     8                73.5    75.9    2.4                        0.36             0.011            0.09
                 249     258     9                75.9    78.6    2.7                       0.23             0.017            0.095
T96-37  
                 360     369     9                109.7   112.5   2.7                       0.17             0.016            0.11

Although the Taurus has been the subject of surface exploration and at least seven drilling programs between 1971 and 1996, the property is large and remains relatively unexplored. 
  • A zone of anomalous IP chargeability at an inferred depth of approx 500 feet covers a total area of approximately 10 square kilometers, with some coincident copper-in-soil and molybdenum-in-soil anomalies;
  • Hole 75-1, drilled vertically to 908 feet, had results of 0.401% copper and 0.039% molybdenum from the last 83 feet, and terminated in mineralization grading 0.55% copper;
  • Hole ET-2, drilled vertically to 950 feet, intersected gold mineralization with an average grade of .6 grams/t over 553 feet;
  • Holes 75-1, ET-1, and ET-2 were not assayed for gold originally, but in 1990 six samples of salvaged core assayed from .027 to 1.83 ounces per ton.
�       Other significant results include:
~ 458 feet of 0.29% copper, 0.045% molybdenum and 0.11 g/t gold in T96-30;
~ 348 feet of 0.30% copper, 0.044% molybdenum and 0.19 g/t gold in T96-32;
~ 420 feet of 0.204% copper, 0.031% molybdenum and 0.077 g/t gold in T96-37. 

 ++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++
 
Senator Minerals Inc is a TSX-V-listed junior exploration company with a diverse portfolio of property interests in North America.
 
Senator has a 100% interest in the Taurus copper-moly-gold deposit in southeastern Alaska, one 50% lease option interest in a bentonite target and a Midas-style gold-silver target near Midas, NV, four 100% lease option interests in highly prospective Midas-style gold-silver targets in the Northern Nevada Rifts area, a 100% interest in two gold prospects in Nevada�s Cortez Hills area, a 100% option interest in the Geikie River uranium target in the eastern Athabasca Basin, Saskatchewan, and an option to earn a 100% interest in the M�kinac property in Qu�bec.
 
Senator holds 1% NSR�s on the Rosebud gold-silver prospect in northwestern Arizona and on both the Okey and Key high grade copper prospects in northeastern British Columbia.
 
This News Release has been reviewed and approved by Richard Redfern, CPG, a Qualified Person under NI 43-101.  This News Release was prepared on behalf of the Senator Board of Directors, which accepts full responsibility for its contents.
 
ON BEHALF OF THE BOARD
 
"Donald A (Tony) Simon"
 
Donald A (Tony ) Simon, BComm,CA
President
 
FOR FURTHER INFORMATION, PLEASE CONTACT:
Senator Minerals Inc   #1018 - 475 Howe Street, Vancouver, BC   Canada   V6C 2B3
Tel: 604-904-1330   E-Mail: contact@senatorinc.com       Web site: www.Senatorinc.com
 
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
Données et statistiques pour les pays mentionnés : Canada | Tous
Cours de l'or et de l'argent pour les pays mentionnés : Canada | Tous

Senator Minerals Inc.

EXPLORATEUR
CODE : SNR.V
ISIN : CA8168812052
CUSIP : 816881
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Senator Minerals est une société d’exploration minière de cuivre et d'or basée au Canada.

Senator Minerals détient divers projets d'exploration en USA.

Ses principaux projets en exploration sont TAURUS, DOME, IVANHOE CREEK, CORTEZ SOUTH, GOLD VALLEY et RIMROCK en USA.

Senator Minerals est cotée au Canada, aux Etats-Unis D'Amerique et en Allemagne. Sa capitalisation boursière aujourd'hui est 2,5 millions CA$ (1,9 millions US$, 1,7 millions €).

La valeur de son action a atteint son plus haut niveau récent le 12 mai 2006 à 6,93 CA$, et son plus bas niveau récent le 14 novembre 2014 à 0,02 CA$.

Senator Minerals possède 33 470 601 actions en circulation.

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Financements de Senator Minerals Inc.
02/11/2009Warrants Re-priced and Term Extended
28/09/20076,500,000 unit private placement
06/06/20072,000,000 Unit Private Placement
22/05/2006$396,000 private placement
29/03/2006$360 000 private placement
Rapports Financiers de Senator Minerals Inc.
31/12/2007 2007 Annual report
Projets de Senator Minerals Inc.
30/04/2013Fwd: Senator Minerals NR #2012-06
16/01/2010(Taurus)Taurus Drilling Results and Resource Calculation
31/12/2008(Geikie River)Geikie River Property Option Expired
29/07/2008(Taurus)Drill Program Commences on Taurus Cu-Mo-Au Property, Alaska
25/06/2007Options Uranium Target in Athabasca Basin, Saskatchewan
12/03/2007Drill Program for Ivanhoe Creek Property
06/06/2006(Hill End Project)Hill End project, NSW, Australia reward area drill results
24/05/2006TSX-V conditional approval of Hill End project
27/04/2006Earn-in option agreement on Hill End project, Australia
20/03/2006(Hill End Project)2006 Technical report
Communiqués de Presse de Senator Minerals Inc.
06/06/2009Update on Nevada Lease Options
27/02/2008Don Stevens, PhD, CPG, Appointed as Technical Advisor
27/02/2008Adam Travis Appointed as Technical Advisor
30/05/2007Additional Staking at Ivanhoe Creek, NV"
12/04/2006(Ivanhoe Creek)Ivanhoe Creek Property: Update on Kent exploration financing
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