Mr. Nelson Baker reports
MINERAL MOUNTAIN INTERSECTS 62.5 METRES ASSAYING 1.45 G/T GOLD; COOK ZONE IMPROVING WITH DEPTH
Mineral Mountain Resources Ltd. has received more positive gold assays from the continuing drill program which is targeting the Cook zone on block A. Final assays have been received for drill hole GH11-48 that undercut hole GH11-47 drilled on Section 10125 E. These results correlate well with earlier reported holes GH11-44 (6.9 metres grading 5.17 grams per tonne Au) and GH11-45 (4.0 m grading 8.38 g/t Au). The Cook zone is located along a 4.5-kilometre extension of the Tyrrell shear zone, a regional scale structure, into MacMurchy township. This mineralization exhibits good continuity typical of Archean mesothermal deposits. All results are summarized in the table.
The company acquired the right to earn a 70-per-cent interest in block A by assuming all obligations of an option that Benton Resources Corp. had originally signed with Golden Harp Resources Inc. (see news release of Oct. 26, 2010, also on the company's website).
Cook porphyry zone
The Cook zone is hosted within silicified and carbonate-altered mafic and ultramafic volcanic rocks that have been intruded by alkaline porphyry displaying pervasive brecciation and alteration associated with strong quartz carbonate veining with pyrite as the main sulphide mineral. Drilling continues to intersect significant, wide gold mineralization. The higher-grade mineralization represents the lower zone within the broad interval and it lies proximal to a northwest-striking diabase dike intersected in all holes drilled to date. This lower high-grade zone has remarkable continuity and appears to be getting higher grade at depth.
"Our modelling confirms that the Cook zone is improving in width and grade to depth. Going forward, drilling will continue to target the expansion of the higher-grade lower zone where positive results in all 13 holes reported by Mineral Mountain Resources demonstrate excellent continuity and grade," said Nelson Baker, president of Mineral Mountain Resources.
This release covers diamond drill hole GH11-48 (dip minus 60) drilled on the same section as previously released holes GH11-46 (dip minus 45) and GH11-47 (dip minus 50).
Quality assurance/quality control 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 the company's first news release dated Jan. 11, 2011, and can also be found on the Mineral Mountain Resources website.
The Shining Tree project is managed by Joerg Kleinboeck, PGeo, and is supervised by Wally Rayner, PGeo, the company's vice-president of exploration who has verified the contents of this news release and is the qualified person for this project.
SUMMARY OF DRILL RESULTS -- COOK ZONE, 2011Hole No. From (m) To (m) Length (m) Au (g/t)GH11-48 286.2 348.7 62.5 1.452including 287.5 293.0 5.5 4.623including 297.8 299.0 1.2 5.240including 313.0 322.0 9.0 2.021including 332.0 347.7 15.7 1.945including 343.5 347.7 4.2 2.543Note:All intervals in the table represent core lengths and not true widths.
We seek Safe Harbor.