Steadright Critical Minerals Inc V.SCM

News

[cajones]

NEW TRENCH AND PIT DATA EXPANDS HIGH-GRADE ZONE AT SACRE-COEUR'S NORTHWEST GOLD PROJECT; 12 METERS AVERAGE 7.90 g/t AU 03:01 EST Tuesday, February 26, 2008 FSC / Press Release NEW TRENCH AND PIT DATA EXPANDS HIGH-GRADE ZONE AT SACRE-COEUR'S NORTHWEST GOLD PROJECT; 12 METERS AVERAGE 7.90 g/t AU Vancouver, British Columbia CANADA, February 26, 2008 /FSC/ - Sacre-Coeur Minerals Ltd. (SCM - TSX Venture, S5N - FWB), (the "Company") is pleased to report that further results from its trenching and test pitting program recently conducted on a portion of its Northwest Project area in Guyana continue to expand and demonstrate continuity of the zone of near surface high-grade gold mineralization. Test pit NWHTP yielded 12 meters averaging 7.90 g/t Au, which include a vein with true width of 0.8 meters grading 21.41 g/t Au hosted in mineralized country rock. As reported previously, the Company is conducting a mechanized trenching program to further test the anomalous area identified by soil sampling in its Northwest Project area. Complete assays for four additional trenches and partial assays for seven trenches and one test pit have been received. Because the mineralized zones are sub-horizontal, trench and pit channel samples were oriented near vertical (normal to the dip of the mineralized structures) at sample stations located at approximate one meter intervals along the trenches. Selected results from some intersections of the mineralized zone are presented in the table below. -***- ------------------------------------------------------------------- Trench Number Sample Sta. From To Interval Assay (m) (m) (m) (g/t Au) ------------------------------------------------------------------- NWHTP (test pit) 4m 0.0 0.8 0.8 21.41 ------------------------------------------------------------------- 4m 0.8 1.3 0.5 2.69 ------------------------------------------------------------------- 6m 0.0 0.8 0.8 17.21 ------------------------------------------------------------------- 6m 0.8 1.8 1.0 (assay pending) ------------------------------------------------------------------- 6m 1.8 2.8 1.0 1.24 ------------------------------------------------------------------- 12m 0.0 1.0 1.0 (assay pending) ------------------------------------------------------------------- 12m 1.0 1.6 0.6 7.87 ------------------------------------------------------------------- 12m 1.6 2.6 1.0 (assay pending) ------------------------------------------------------------------- 14m 2.5 3.5 1.0 1.82 ------------------------------------------------------------------- 16m 0.0 0.8 1.4 4.26 ------------------------------------------------------------------- NWTR 7B 0m 1.2 1.7 0.5 1.30 ------------------------------------------------------------------- 0m 1.7 2.5 0.8 4.53 ------------------------------------------------------------------- 2m 1.0 1.9 0.9 8.47 ------------------------------------------------------------------- 6m 3.0 3.8 0.8 3.87 ------------------------------------------------------------------- 8m 3.0 3.5 0.5 4.17 ------------------------------------------------------------------- 10m 3.0 3.9 0.9 1.56 ------------------------------------------------------------------- 64m west 1.0 1.5 0.5 2.93 ------------------------------------------------------------------- 64m west 1.5 2.3 0.5 3.73 ------------------------------------------------------------------- 66m west 0.0 0.8 0.8 1.19 ------------------------------------------------------------------- 68m west 0.0 0.8 0.8 3.18 ------------------------------------------------------------------- 70m west 0.0 0.8 0.8 3.44 ------------------------------------------------------------------- NWTR 19B 14m 0.0 2.0 2.0 2.66 ------------------------------------------------------------------- 15m 0.0 2.0 2.0 4.35 ------------------------------------------------------------------- NWTR 7A 14m 1.9 2.7 0.8 25.20 ------------------------------------------------------------------- -****- Notes: 1) Samples are cut normal to the dip of the structure, thus represent true width. 2) Samples presented in this table are assayed by Loring Laboratories as further described below. From-To represent depths in meters from surface. Trench Survey Data -***- ----------------------------------- East North Trench No. (m) (m) ----------------------------------- NWHTP 824,682 837,565 ----------------------------------- NWTR7B 824,661 837,603 ----------------------------------- NWTR19B 824,364 837,219 ----------------------------------- NWTR7A 824,720 837,565 ----------------------------------- -****- Though trenching presents essentially only a two dimensional picture by intersecting the relatively flat-lying mineralized zone at or near its outcrop, geologic mapping of the trenches indicates a package of closely spaced sub-horizontal veins of similar tenor greater than 10 meters thick persisting over an area measuring approximately 1200 meters by 350 meters. A relatively shallow grid of core drill holes is planned to establish a third dimension for the gold bearing zone. Because of the successful in-house drilling program at its Million Mountain Project in Guyana, the Company has purchased a new Atlas Copco CT 14 core drill mounted on a crawler carrier and is preparing to commission the rig for drilling this highly encouraging zone along with numerous other prospective targets on its Northwest Project area. According to Irwin Olian, CEO of the Company, "Early results from our trenching and pitting program at the Northwest Project are producing robust results that give us great encouragement for the potential of this new project area. We are looking forward to the arrival of our new diamond drill rig on site so that we may commence drilling to evaluate the width and continuity of the gold-bearing zone. It has already been traced on surface to cover an area of approximately 1200 m by 350 m, so the potential is certainly great. The Northwest Project now gives the Company a second major gold project in development in Guyana to go along with the Million Mountain Project where drilling is ongoing." Assay Data The Company uses Acme Laboratories for its core sample assays. Samples are prepared at Acme's Georgetown Guyana prep facility. Prepared samples are shipped to Acme's analytical lab in Santiago, Chile for determination. Acme's facilities are ISO certified. Every tenth sample is split and a duplicate sample is shipped to ALS Chemex Vancouver, BC facility for check assay. As well, splits of all samples determined by Acme to be 5 g/t Au or greater are also shipped to ALS Chemex for check assay. The results presented herein are composites of the assay of the coarse metallic fraction (+200 mesh) and the assay for the -200 mesh pulp to produce a total contained gold assay. The Company uses Loring Laboratories - Guyana, a subsidiary of Loring Laboratories, Ltd. of Calgary Alberta to analyze geo-chem and other field samples. Splits of every 10th sample and splits of all samples returning assay of greater than 5.0 g/t Au are sent to ALS Chemex Vancouver BC facility for check assay. The results presented herein are composites of the assay of the coarse metallic fraction (+200 mesh) and the assay for the -200 mesh pulp to produce a total contained gold assay. Technical Staff The Company's exploration program is overseen by Gregory B. Sparks, P. Eng., Senior Vice President Mining and Exploration for the Company. Mr. Sparks is a Qualified Persons under NI 43-101. Mr. Luis Gana is Chief Geologist Northwest Region. He is assisted by Joseph Calpito, Senior Project Geologist. Mr. Henry Salvado is Chief Geologist Puruni Region (which includes Million Mountain Project). He is assisted by Messrs. Alan Davies, Carlos Toro-Taylor, and Bjorn Jeune, all Senior Project Geologists. Mr. Ardito Martohardjono, a Director of the Company and laboratory specialist, provides assistance establishing lab protocols and sample handling and assay quality control. About Sacre-Coeur The Company is engaged in the acquisition, exploration and development of properties for the potential mining of gold, metals and diamonds in South America, initially focussing on exploration for gold on its properties in Guyana. The Company presently has an interest in approximately 850 square miles of mineral properties in Guyana, including the Million Mountain Property. The Company has offices in Vancouver, Canada and Georgetown, Guyana. More information about the Company is available at www.scminerals.com. ON BEHALF OF THE BOARD OF DIRECTORS OF SACRE-COEUR MINERALS, LTD. "Gregory B. Sparks" Gregory B. Sparks, P. Eng. Sr VP Mining & Exploration About Sacre-Coeur The Company is engaged in the acquisition, exploration and development of properties for the potential mining of gold, metals and diamonds in South America, initially focussing on exploration for gold on its properties in Guyana. The Company presently has an interest in approximately 850 square miles of mineral properties in Guyana, including the Million Mountain Property. The Company has offices in Vancouver, Canada and Georgetown, Guyana. More information about the Company is available at www.scminerals.com. For further information, contact: Irwin Olian, President and CEO Email: [e-mail] Phone: [phone] Fax: [phone] Lee Dunston, Corporate Communications Email: [e-mail] Phone: [phone] Fax: [phone] The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of the information contained herein. The statements made in this press release may contain certain forward-looking statements that involve a number of risks and uncertainties. Actual events or results may differ from the Company's expectations. Sacre-Coeur Minerals, Ltd Suite 1925, Box 11553 650 West Georgia Street Vancouver, BC V6B 4N8 Source: Sacre-Couer Minerals Ltd. (SCM - TSXV) www.scminerals.com Maximum News Dissemination by Filing Services Canada Inc. Ph: [phone] Fx: [phone] www.usetdas.com