Manson Creek Confirms Mineralization of Roswell Gossan On Tell Property
November 09 2011 - 8:00AM
Marketwired Canada
Manson Creek Resources Ltd. ('Manson Creek') (TSX VENTURE:MCK) is pleased to
announce geochemical results confirming the mineralized nature of the recently
discovered Roswell natural spring gossan on the Company's 100% owned Tell
property. Manson Creek has outlined a strongly mineralized area 600 meters by
450 meters that is open in all directions. Seven well developed natural spring
gossans delineate this zone located immediately south of ATAC Resources Ltd. Rau
claim block in the Yukon.
Manson Creek believes the seven Tell property gossans to be of extreme
significance due to the number of successful drill discoveries made on similar
gossans in the region. ATAC Resources Ltd.'s Ocelot discovery was made by
targeting an undrilled natural spring surface gossan that has associated
strongly anomalous zinc and other pathfinder element sample results. Like the
Ocelot zone, the seven Tell property gossans are located near regional carbonate
units within structurally complex geology in, and proximal to, the Rackla gold
belt. The seven Tell property gossans have never been drill tested and each
bears similarities to the Ocelot occurrence.
Table 1. Gossan Sample Results
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Number of
Samples and
Location Type Zinc ppm Nickel ppm Arsenic ppm Silver g/t
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Roswell 2 Soil 5,795 - greater less than
Samples 7,149 than 1,000 966 - 1,114 0.1 - 0.1
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Crystal 245 to
Springs(i) 6 Soil 6,005 to greater less than
Samples 23,500 than 1,000 4.0 to 110 0.1 to 0.8
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Ash Springs(ii) 425 to
3 Soil/Silt 10,800 to greater
Samples 24,500 than 1,000 114 to 358 -
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Ash Springs(ii) 3 Rock 19,700 to 1,056 to
Samples 27,500 1,591 10 to 25 0.6 to 1.0
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Area 51(i) 164 to
4 Soil/Silt 4,738 to greater 1,149 to less than
Samples 8,565 than 1,000 1,816 0.1 to 0.2
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Majestic(ii) 808 to
7 Soil 12,500 to greater
Samples 17,700 than 1,000 18 to 33 0.1 to 0.2
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Corona(ii) 1 Soil
Sample 15,600 973 31 0.1
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Tell Zone(ii)
(Historical 4 Soil/Silt 20,020 to 1,545 to less than
sampling) Samples 49,600 2,560 16 to 103 0.2 to 0.2
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Tell Zone(i) 8 Rock
Samples 15,700 to less than
(Ferricrete) 24,900 401 to 604 8 to 30 0.2 to 0.4
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(i)Additional late season sampling, (ii)Previously released results
Analysis of all the samples from the seven gossan zones to date emphasizes the
highly mineralized nature of these zones (Table 1). The Roswell discovery
compares favourably with the six other gossan / ferricrete zones on the Tell
property. Additional sampling was also completed on the Area 51, Crystal Springs
and Tell gossans at the time of the Roswell discovery.
Tell Project Background
The Tell property hosts seven mineralized natural spring gossans with Manson
Creek geologists discovering six new, well developed active and previously
active natural spring gossans; Crystal Springs, Ash Springs, Area 51, Roswell,
Majestic and Corona in 2011. The new discoveries extend over an area of 600
meters roughly east-west, from the large Tell Zone and 450 meters north-south.
Many of the gossans contain numerous active and previously active spring vents.
Soil and rock samples collected from the Tell Zone, Crystal Springs, Ash
Springs, Area 51, Roswell, Majestic and Corona zones have returned highly
anomalous zinc, arsenic and numerous other gold pathfinder element values.
Property-wide stream sampling has outlined two additional, regional geochemical
anomalies, Area 13 and Area 15 located 2 kilometers and 4 kilometers
respectively from the Tell gossan.
The gossan zones are the result of fluid movement through a relatively shallow
polymetallic zone with the resultant strongly mineralized fluids reaching the
surface. The complex structural history of the region has likely produced a
series of normal and other faults which have provided the plumbing system for
the fluids as well as likely elevating the mineralized zone closer to the modern
day surface.
Samples were forwarded to the Stewart Group Lab in Whitehorse, Yukon for
analysis. All of the soil and rock samples were analyzed using inductively
coupled plasma (ICP) together with mass spectrometry (MS) finish. Gold was
analyzed by a fire assay preparation with an atomic absorption spectroscopy
finish.
The President of Manson Creek Resources Ltd., Regan Chernish P.Geol., is the
Qualified Person responsible for the preparation of this news release.
Regan Chernish, P. Geol., President and Director
The TSX Venture Exchange has neither approved nor disapproved of the contents of
this press release.
Except for the historical and present factual information contained herein, the
matters set forth in this news release, including words such as "expects",
"projects", "plans", "anticipates" and similar expressions, are forward-looking
information that represents management of Manson Creek's internal projections,
expectations or beliefs concerning, among other things, future operating results
and various components thereof or the economic performance of Manson Creek. The
projections, estimates and beliefs contained in such forward-looking statements
necessarily involve known and unknown risks and uncertainties, which may cause
Manson Creek's actual performance and financial results in future periods to
differ materially from any projections of future performance or results
expressed or implied by such forward-looking statements. These risks and
uncertainties include, among other things, those described in Manson Creek's
filings with the Canadian securities authorities. Accordingly, holders of Manson
Creek shares and potential investors are cautioned that events or circumstances
could cause results to differ materially from those predicted. Manson Creek
disclaims any responsibility to update these forward-looking statements.
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