Manson Creek samples 194 g/t Au, 48 g/t Ag at Meridian
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Jan 13, 2009 06:55AM
Advancing early stage projects located in western Canada.
MANSON CREEK DISCOVERS 194 G/T GOLD AT SURFACE AND INTERSECTS 5.94 G/T GOLD IN DRILLING ON MERIDIAN PROJECT
Manson Creek Resources Ltd. has provided complete sample results for the diamond drill program on the Meridian gold-silver project, located 45 kilometres southeast of Revelstoke, B.C.
The drill campaign successfully intersected widespread gold mineralization adjacent to the historic Eva mine. The seven-hole, 1,141-metre (m) program successfully tested 600 m of mineralized strike length adjoining the historic gold producer and confirmed mineralization along a 250-metre additional zone that crosscuts the main mineralized trend.
Surface sampling conducted at the time of drilling further demonstrates the widespread mineralization. One grab sample assayed 194 grams per tonne (g/t) gold and 48.1 g/t silver. This sample was collected from an outcrop of sheeted quartz veins within a carbonate-altered sediment host located along strike of the Camborne fault and between drill set-ups for 08MER-02 and 08MER-03.
Sampling from a three-metre exposure of the cross-fault between drill set-ups 08MER-04 and 08MER-05 returned 4.42 g/t gold and 1.40 g/t silver on a one-metre continuous chip sample and a grab sample returned 10.6 g/t gold and 4.40 g/t silver from the same location.
MERIDIAN PROJECT: SIGNIFICANT RESULTS Width Gold Silver Drill Hole From To (m) (g/t) (g/t) 08MER-01 84.50 107.50 23.00 0.33 0.23 Includes 92.00 94.00 2.00 1.29 0.20 08MER-02 106.10 109.20 3.10 1.13 0.60 Includes 107.10 109.20 2.10 1.41 0.70 08MER-02 116.18 118.46 2.28 1.78 0.61 08MER-02 126.00 130.00 4.00 2.60 0.85 Includes 129.00 130.00 1.00 5.94 1.70 04MER-04 19.47 20.47 1.00 3.65 N/A 04MER-04 87.40 88.40 1.00 1.34 1.20 04MER-04 89.80 92.96 3.16 1.00 0.96 04MER-04 110.30 111.30 1.00 1.03 0.70 04MER-04 116.80 118.87 2.07 1.78 1.05 Includes 116.80 117.80 1.00 2.46 1.10 08MER-05 170.51 171.21 0.70 3.60 0.11 08MER-06 99.52 101.44 1.92 1.60 1.01 (1) All widths are downhole core length.
SIGNIFICANT SURFACE SAMPLE RESULTS Gold Silver Easting Northing (g/t) (g/t) Sample details 455808 5627548 194.00 48.10 Grab sample: sheeted quartz veins in carbonate altered sediment 456029 5627092 10.60 4.40 Grab sample: silicified fault zone 456029 5627092 4.42 1.4 1.0 m continuous chip sample: silicified fault zone
Drill holes 08MER-00 to 08MER-03 were drilled up to 150 m northwest of the historic Eva mine and each of the holes intersected broad zones of silicification and siderite-ankerite-dolomite (SAD) veining that is believed to represent the large regional-scale Camborne fault system which hosts 86 mineral occurrences.
Drill hole 08MER-04 was collared 300 m to the southeast along strike from the Eva mine where the company projected an intersection of the main Camborne fault with a secondary mineralized fault. This drill hole intersected a portion of the main system at the top of the hole returning 3.65 grams per tonne (g/t) gold over one m with the hole continuing on to successfully intersect several mineralized intervals in the crosscutting structure. Assays returned 2.46 g/t gold and 1.10 g/t silver over one m hosted within a broader 2.07-metre zone of 1.78 g/t gold and 1.05 g/t silver.
Drill holes 08MER-05 and 08MER-06, drilled off the same set-up west of 08MER-04, successfully tested a further 250 m of the mineralized cross-fault. Drill hole 08MER-05 ended prematurely in mineralization, grading 3.60 g/t gold and 0.11 g/t silver over 0.70 m, due to hole stability issues. Hole 08MER-06 also intersected significant mineralization including 1.60 g/t gold and 1.01 g/t silver over 1.92 m.
EcoTech Laboratories based in Kamloops, B.C., performed sample preparation and analysis. The samples are subjected to acid digestion and analysis for specific elements using a combination of inductively coupled plasma (ICP) emission spectrometry methods. Gold assays are done by standard fire assay methods. Laboratory-inserted duplicates and standards provided optimum precision and accuracy.
DRILL HOLE LOCATION DETAILS (NAD83/11N) Drill hole Easting Northing Azimuth Dip Total depth (m) 08MER-00(1) 455876 5627643 245 -46 35.00 08MER-01 455876 5627643 238 -46 195.00 08MER-02 455876 5627643 238 -60 198.70 08MER-03 455935 5627568 240 -47 198.10 08MER-04 456225 5627135 230 -47 187.45 08MER-05 455947 5627086 020 -47 171.60 08MER-06 455947 5627086 020 -65 155.91 (1) Hole lost due to hole conditions
Surface sampling and the results of the drill program continue to support the company's belief that large, widespread mineralization is present on the Meridian property in proximity to the historic mine workings. Manson Creek is strongly encouraged by the initial drill program that has demonstrated the gold mineralization is pervasive and extends well beyond areas of historical mining. Further drilling will continue to delineate the scale and degree of mineralization as the company moves the Meridian gold project forward.
Background
Manson Creek has consolidated five historic past-producing, gold-silver mines on the current, road-accessible, 675-hectare claim block. The Meridian camp was active in the early 1900s but the fragmented land ownership at the time did not allow for growth and the camp faded after only a few years of production.
Gold and silver mineralization on the block is within and proximal to mesothermal quartz veins related to the regional-scale Camborne fault that bisects the Meridian claim group and hosts many of the historic deposits. Mineralization is also in association with siderite-ankerite-dolomite veins that appear to postdate regional deformation in the area.
The phase one drilling completed this year is the first drill program to test the proximal areas of this historic mining centre.
The president of Manson Creek Resources, Regan Chernish, PGeol, is the qualified person responsible for the design and implementation of the field program, as well as the preparation of this news release.
MINERALIZED INTERVAL SUMMARY Drill hole From To Width Gold Silver (m) (m) (m) (g/t) (g/t) 08MER-01 47.60 49.30 1.70 0.25 N/A 08MER-01 84.50 107.50 23.00 0.33 0.23 Includes 84.50 85.50 1.00 0.86 0.40 Includes 87.50 88.50 1.00 0.99 0.30 Includes 92.00 94.00 2.00 1.29 0.20 08MER-01 139.70 140.70 1.00 0.55 0.30 08MER-01 146.30 148.30 2.00 0.45 0.29 Includes 146.75 147.70 0.95 0.75 0.39 08MER-01 149.50 150.25 0.75 0.56 0.20 08MER-01 151.25 152.95 1.70 0.39 0.18 08MER-01 158.50 159.50 1.00 0.25 N/A 08MER-01 174.34 174.84 0.50 0.37 0.40 08MER-01 181.00 182.00 1.00 0.46 0.30 08MER-02 40.60 42.60 2.00 0.42 0.20 08MER-02 97.35 100.30 2.95 0.24 N/A 08MER-02 106.10 109.20 3.10 1.13 0.60 Includes 107.10 109.20 2.10 1.41 0.70 08MER-02 116.18 118.46 2.28 1.78 0.61 08MER-02 126.00 130.00 4.00 2.60 0.85 Includes 128.00 130.00 2.00 4.90 1.30 Includes 129.00 130.00 1.00 5.94 1.70 08MER-02 152.00 154.00 2.00 0.17 0.55 08MER-02 186.00 188.00 2.00 0.49 1.00 08MER-04 19.47 20.47 1.00 3.65 N/A 08MER-04 87.40 97.20 9.80 0.60 0.79 Includes 87.40 88.40 1.00 1.34 1.20 Includes 89.80 92.96 3.16 1.00 0.96 08MER-04 109.10 112.85 3.75 0.50 0.49 Includes 110.30 111.30 1.00 1.03 0.70 08MER-04 116.80 118.87 2.07 1.78 1.05 Includes 116.80 117.80 1.00 2.46 1.10 08MER-04 138.68 139.68 1.00 0.26 0.40 08MER-04 146.81 147.81 1.00 0.50 0.50 08MER-05 65.55 66.05 0.50 0.40 1.70 08MER-05 125.82 127.90 2.08 0.27 1.07 08MER-05 170.51 171.21 0.70 3.60 0.11 08MER-06 99.52 101.44 1.92 1.60 1.01 08MER-06 102.55 103.21 0.66 0.67 0.50 08MER-06 142.85 144.96 2.11 0.21 1.45