RE: IF BREAKS DOWN TO 2 BUCKSHi Budweiser,
Sorry I do not know grades and depth. Could not get that out of Mansfield. They have been holding their cards pretty close to their chest and would not say much.
All I got was that their drilling encompassed in-fill as well as step-outs in those areas that had favourable geology and known gold values and results may triple their previous estimates. (I guess that does not give us everything we need to hang our hats on because we have not seen anything yet)
Here is their last news (below) which I am sure you have seen and therefore not helpful - If I hear more I will post. Cheers
FEBRUARY 28, 2006 - 17:27 ET
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Mansfield Minerals Inc.: Lindero Returns Exceptional Drill Hole LDH-19
VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Feb. 28, 2006) - Mansfield Minerals Inc. (TSX VENTURE:MDR) ("Mansfield") has received assay results from an additional six diamond drill holes at its 100% owned Lindero property, Salta, Argentina. The following is a synopsis of the more significant intervals from the final drill holes of the recently completed drill program.
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Hole Number Interval Intercept Gold
(metres) (metres) (g/t)
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LDH-17 0 - 80 80 1.35
incl. 0 - 50 50 1.82
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LDH-18 30 - 150 120 0.88
incl. 44 - 116 72 1.08
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LDH-19 0 - 274 274 1.65
incl. 0 - 178 178 2.10
incl. 36 - 110 74 3.17
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LDH-20 0 - 116 116 0.88
incl. 24 - 86 62 1.22
and 212 - 246 34 0.48
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LDH-21 82 - 166 84 0.85
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- All reported assay intervals are true widths.
In addition, Hole LDH-16 was drilled to a depth of 150 metres to test for buried mineralized extensions north of the known surface manifestation of mineralization. This hole was collared 150 metres north of the mineralized surface outcrops and drilled away from the Lindero deposit. No significant intervals were returned.
Gold mineralization at Lindero is intrusive-hosted within a dioritic porphyry. Ore grade mineralization in the main zone is hosted in an intense magnetite and quartz-magnetite stockwork which correlates with strong potassic alteration.
Aggressive follow-up drilling will commence as soon as is practical with the objective of further delineation and definition of the Lindero deposit. In conjunction with drilling, the Company will undertake large diameter column leach testing and geotechnical studies with a view to completing a pre-feasibility study on a timely basis. This information will provide the basis for the Company's consultants to calculate a revised resource figure using a series of appropriate cut-off grades.
A map of the drill hole locations has been posted on the Company's website and can be viewed at www.mansfieldminerals.com/s/Lindero.asp.
Security - Chain of Custody and Quality Control
Two metre lengths of HQ core samples were halved with a diamond saw and bagged at the field facility. The bags were tied with plastic color-coded security ties. Sample bags were then placed in shipping boxes and couriered by company vehicle to the Acme Analytical Laboratories S.A. prep lab in Mendoza, Argentina. The prepped samples were then shipped by Acme to their lab in Santiago, Chile where they were fire assayed for gold.
The Company employs a Quality Control program consisting of re-assaying randomly selected coarse reject samples, insertion of coarse standard samples and blanks.
About Mansfield Minerals Inc.
Mansfield is a mining exploration company which has focused its activities in northwestern Argentina since August 1994. The Company's current significant properties and projects consist of mineral rights covering approximately 260 square miles in three Argentine provinces and one Canadian province. The Company is currently focused on three primary projects which include Lindero (gold), Rio Grande (copper-gold) and La Frontera (silver-gold).
This news release was reviewed and the contents have been verified by John M. Leask, P.Eng., Director of the Company and a Qualified Person as defined by National Instrument 43-101 (Standards of Disclosure for Mineral Projects).
On behalf of the Board of Directors,
Gordon P. Leask, P.Eng. ,President