| | Publié le 25 juillet 2011 | Manson Creek Discovers Three New Gossans on Tell Project, Yukon |
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July 25, 2011 |
Manson Creek Discovers Three New Gossans on Tell Project, Yukon |
CALGARY, ALBERTA--(Marketwire - July 25, 2011) - Manson Creek Resources Ltd. (TSX VENTURE:MCK) ('Manson Creek') is pleased to announce the discovery of three new gossans on the Tell property, located immediately south of ATAC Resources Ltd. Rau claims, in the Yukon.
While prospecting in the area of the Tell natural spring gossan and vegetation kill zone, geologists discovered three new, well developed and active, natural spring gossans; Crystal Springs, Ash Springs, and Area 51. The new discoveries extend over 600 meters, roughly east-west, from the large Tell Zone and each of the gossans contains numerous active spring vents. Reconnaissance soil samples collected in 2005 down slope from the Crystal Springs and Ash Springs Zones returned highly anomalous zinc, lead, arsenic and numerous other gold pathfinder element values. Soil, water and rock samples were collected at each of the new discoveries and are currently being analyzed. Geological personnel also completed detailed stream sampling across the property.
Manson Creek believes the four Tell property gossans to be of extreme significance due to the number of successful drill discoveries made on similar gossans in the region. The strike of the four gossan zones possibly delineates a normal fault along the front of the mountain range that has brought the mineralized source of the natural spring gossans closer to the present day surface. Furthermore, the identification of fossiliferous limestone proximal to the four Tell property gossans further supports the Company's exploration model that the mineralized stratigraphy, where numerous recent discoveries have been made, extends to the Tell property. The Tell, Crystal Springs, Ash Springs and Area 51 gossans have never been drill tested and each bears similarities to the Ocelot mineralized occurrence recently announced by ATAC Resources Ltd. Please see the Manson Creek website www.manson.ca for maps and photographs of the new discoveries.
The Ocelot discovery was made by targeting an undrilled natural spring surface gossan with associated strongly anomalous zinc and lead sample results. Like the Ocelot zone, the four Tell property gossans are located near regional carbonate units within structurally complex geology in and proximal to the Rackla gold belt.
Tell Project Background
The Company's 100% owned Tell property is now well over 2,000 hectares with the claims located approximately 140 kilometers east of Mayo, Yukon and contiguous to Strategic Metals Ltd. Goz claims and ATAC Resources Ltd. Rau claims. Many of the recent gold and silver discoveries in the region have been made in areas of prominent known, but not drill tested, gossan zones that contain anomalous zinc, lead and pathfinder elements. The Tell natural spring gossan and vegetation kill zone extends over 300 meters and is cored by a 75 meter by 240 meter zone hosting high zinc values in soil samples ranging from 10,000 to 49,600 parts per million (ppm) zinc along with significant lead values. Detailed samples collected on the newly discovered Ash Spring, Crystal Springs and Area 51 natural spring gossans are pending and will be reported when available.
The President of Manson Creek Resources Ltd., Regan Chernish P.Geol., is the Qualified Person responsible for the design and implementation of the Field Program as well as 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. | |
CONTACT INFORMATION:
Manson Creek Resources Ltd. Regan Chernish President and Director 403.233.0464 Fax: 403.266.2606 www.manson.ca
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INDUSTRY: Manufacturing and Production - Mining and Metals | |
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Manson Creek Resources Ltd.
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EXPLORATEUR |
CODE : MCK.V |
ISIN : CA5644491063 |
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ProfilIndicateurs de MarchéVALEUR : Projets & res.Communiqués de PresseRapport annuelRISQUE : Profile actifsContactez la cie |
Manson Creek Res. est une société d’exploration minière d'argent et d'or basée au Canada. Manson Creek Res. détient divers projets d'exploration au Canada. Ses principaux projets en exploration sont VIRGIN ARM, BLACK LAKE, MERIDIAN, CR, CUPRUM et PALOMINO au Canada. Manson Creek Res. est cotée au Canada et aux Etats-Unis D'Amerique. Sa capitalisation boursière aujourd'hui est 10,0 millions CA$ (7,6 millions US$, 6,2 millions €). La valeur de son action a atteint son plus haut niveau récent le 29 juillet 2011 à 1,80 CA$, et son plus bas niveau récent le 15 avril 2016 à 0,01 CA$. Manson Creek Res. possède 31 250 000 actions en circulation. |
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