Manson Creek Confirms Mineralization of Roswell Gossan On Tell Property
November 09 2011 - 9:00AM
Marketwired
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.
Contacts: Manson Creek Resources Ltd. Regan Chernish President
and Director 1.403.233.0464http://www.manson.ca
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