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Bullboard - Stock Discussion Forum MANICOUAGAN MINERALS INC MCOUF

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Post by 1004 on Feb 04, 2013 7:47pm

Good news!

Manicouagan Minerals Reports 23.28% Al2o3 and 468 Ppm Treo Over 76.1 Metres in the Initial Drilling Program at Its Cloridorme Aluminous Clay Property

Manicouagan Minerals Reports 23.28% Al2o3 and 468 Ppm Treo Over 76.1 Metres in the Initial Drilling Program at Its Cloridorme Aluminous Clay Property

Toronto, Ontario CANADA, February 04, 2013 /FSC/ - Manicouagan Minerals Inc. (MAM - TSX Venture), "the Company" is pleased to report the results of the initial orientation drilling program on its Cloridorme property located in the Gaspe Peninsula of Quebec.

Drilling Program

The objective of the drilling program was to determine the grade, thickness and potential strike length of the aluminous red argillite (mudstone) formation located by surface mapping and sampling in different sectors of the property (see MAM Press Release dated August 2, 2012). A total of 533 metres, in six (6) holes, of core drilling was completed in three sectors of the property (A, B and C). The red and green aluminous mudstones were confirmed in each sector. A surface plan map with drill-hole locations along with cross sections is available on the Company's website.
 
Comment by 1004 on Feb 04, 2013 7:49pm
The Company's CEO, Brian Carter, commented, "The assay results of the drilling program are in line with the grades we expected for the red mudstones and are very similar to the grades encountered by Orbite Aluminae. While we only assayed for REE in one hole it again met our expectations. These results add further confirmation of the potential of the Cloridorme property in terms of size ...more  
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