Mr. Nelson Baker reports
MINERAL MOUNTAIN DRILLS 16 METRES GRADING 3.27 G/T GOLD INCLUDING 4.0 METRES OF 8.38 G/T GOLD
Mineral Mountain Resources Ltd. has received more robust gold assays from the continuing drill program which is targeting the Cook Zone on Block A, a significant part of the Company's extensive land package totalling 145 sq. km located in the heart of the emerging Shining Tree gold district. As at March 31st, 2011, the Company has completed 11 drill holes for a total of 3,635 metres and, as a result of the encouraging results to date, the drill program has now been expanded to 10,000 metres. Final assays have been received for three additional drill holes, GH11-45, 46 and 47, the first of which undercuts, by 25 metres, the previously reported intersection of 6.9 metres grading 5.17 g/t Au in hole GH11-44 drilled on section 10150 E and the other two holes, GH11-46 and 47 drilled along section 10125E, a 25-metre step out to the northwest. All results are summarized in Table 1 below.
Highlights:-- Commercial grade gold mineralization in GH11-45 is the deepest intersection to date and the first hole to test the sub-300m level-- Expands to Depth (-300 metres) and Along Strike (300 metres)-- Drill program increased to 10,000 metres, second drill added-- Zone remains opens in ALL directions
In October 2010, 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) (see news release from October 26, 2010). Recent 3D modeling of the Cook Zone drilling indicates a steep north-westerly plunge. Earlier interpretations suggested the zone plunged to the southwest.
Cook Porphyry Zone
The Cook Zone lies proximal to the Tyrrell Shear Zone (TSZ) 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. Drilling continues to intersect significant, wide gold mineralization from several sub-parallel zones near surface. The higher grade mineralization lies in a zone proximal to a northwest striking diabase dyke intersected in all holes drilled to date. The gold grade of this lower zone has good continuity and appears to improve at depth.
"We are encouraged that the Cook Zone is so robust at the -300 m level and with its unusual continuity. The overall width and grade of this gold system provides significant potential for a commercial grade gold deposit," said Nelson Baker, President of Mineral Mountain Resources Ltd.
QA/QC Program
Mineral Mountain has implemented quality assurance/quality control (QA/QC) procedures for all of the Shining Tree Gold Project drill programs the details were described 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.
Drill Program Increased to 10,000 metres
A second drill rig has been secured from Bradley Bros and will begin testing the Copper Hill/Brunet Zone located on the main block this week. Mineralization of the copper hill zone consists of chalcopyrite-rich quartz-carbonate veins that occur in and proximal to the red dome rhyolite. They are interpreted as late-stage veins, mineralized with copper remobilized from the copper-rich red dome rhyolite contemporaneous with diabase dyke emplacement.
Table 1 Summary of Drill Results Cook Zone 2011---------------------------------------------------------------------------- To Length AuHole # From (m) (m) (m) g/t----------------------------------------------------------------------------GH11-45 177.0 251.0 74.0 0.15---------------------------------------------------------------------------- 314.5 353.5 39.0 1.95----------------------------------------------------------------------------including 348.0 353.5 5.5 2.05----------------------------------------------------------------------------including 319.0 335.0 16.0 3.27----------------------------------------------------------------------------including 329.0 333.0 4.0 8.38----------------------------------------------------------------------------including 348.0 353.5 5.5 2.05----------------------------------------------------------------------------GH11-46 185.3 198.5 13.2 1.22---------------------------------------------------------------------------- 213.5 215.0 1.5 4.99---------------------------------------------------------------------------- 272.5 311.4 38.9 0.81----------------------------------------------------------------------------including 286.0 292.0 6.0 1.08---------------------------------------------------------------------------- 300.1 311.4 11.3 1.67----------------------------------------------------------------------------including 306.5 311.4 4.9 2.45----------------------------------------------------------------------------GH11-47 187.5 318.0 130.5 0.57----------------------------------------------------------------------------including 187.5 190.5 4.0 2.50----------------------------------------------------------------------------including 232.6 237.5 4.9 2.19----------------------------------------------------------------------------including 297.0 298.3 1.3 2.09----------------------------------------------------------------------------including 304.7 315.95 11.25 2.96----------------------------------------------------------------------------including 304.7 310.0 5.3 4.09----------------------------------------------------------------------------(i) All intervals in Table I represent core lengths and not true widths
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