Mar 3 2011
Mineral Mountain Resources Ltd. (TSX VENTURE:MMV) has reported that more positive gold assays have been received from the ongoing drill program which is targeting the Cook Zone on Block A, a part of the Company's extensive land package totaling 145 sq. km located in the heart of the emerging Shining Tree gold district.
Highlights:
- Drilling Continues to Expand Cook Zone in Shining Tree District, Ontario
- DDH GH11-41 intersects 3.17 g/t Au over 15.0m including 9.29 g/t Au over 4.05m and 31.11 g/t Au over 1.05m.
- Gold mineralization is hosted in a 95 meter wide, strongly altered structure grading 0.739 g/t Au.
- All historical and present drilling has been shallow. The Cook Zone is open in all directions and offers excellent potential to host a commercial gold resource.
Final assays have been received for an additional 3 drill holes, GH11-39, GH11-40 and GH11-41, all drilled on the same section 10175 E.
The Company acquired the right to earn a 70% interest in Block A by assuming all obligations of an option that Benton Resources Corp. (TSX VENTURE:BTC) had originally signed with Golden Harp Resources Inc. (TSX VENTURE:GHR).
Cook Porphyry Zone
The Cook Zone was first discovered in the 1930's and is hosted within silicified and carbonate altered mafic and ultramafic volcanic rocks that have been intruded by alkaline porphyry displaying intermittent brecciation and pervasive alteration associated with strong quartz carbonate veining with pyrite as the main sulphide mineral with up to 5% by volume. This zone, since the 1930's, has been subjected to several shallow diamond drill campaigns which have all intersected significant, wide gold mineralization from several sub-parallel zones near surface.
In December 2010, Mineral Mountain launched a 3500-metre drill program targeting the northwest extension of the Cook Porphyry Zone at about the 150m level below surface. Positive results for the first three holes, GH 10-36, 37 and 38 were announced in the press release dated January 11, 2010.
This release covers the next 3 diamond drill holes GH11-39 (dip -45), GH11-40 (dip -55) and GH11-41 (dip -50) all on the same section with an azimuth of 030 degrees.
Nelson Baker commented, "We are pleased with the excellent continuity and the significant width of this gold bearing structure which is demonstrating excellent expansion potential particularly to the northwest and down plunge. We have already expanded our proposed drill program to 5500 m up from 3500m and drilling will continue through the break-up period."
QA/QC Program
Mineral Mountain has implemented a quality assurance/quality control (QA/QC) procedures for all of the Shining Tree Gold Project drill programs the details were describe in our first news release dated Jan 11, 2011 and can be found on the Mineral Mountain Resources Ltd website.
The Shining Tree Project is managed by Joerg Kleinboeck P.Geo. and the drill program is supervised by Wally Rayner, P. Geo., the Company's Vice President of Exploration who has verified the contents of this press release and is the Qualified Person for this project.
Source:
Mineral Mountain Resources Ltd.