Monster Mining Reports 2.0 m of 2953 g/t Ag in Trench Sample From Keno-Lightning, Yukon
October 05 2011 - 10:00AM
Marketwired
Monster Mining Corp. (the "Company" or "Monster Mining") (TSX
VENTURE:MAN)(OTCQX:MMNGF) is pleased to announce further results
from trench and soil geochemical sampling conducted at the Caribou
Hill and Homestake prospects, two of eight identified mineral
occurrences located on its flagship Keno-Lightning property ("the
Property"). Chip samples from trench CH08-01 at Caribou Hill, which
was excavated in 2008 but never sampled, returned 2.0 m of 2953 g/t
Ag, 1.01 g/t Au and 8.11 % Pb from an oxidized, gossanous breccia
zone exposed within the trench. Previous results from this trench,
reported in the news release of September 8th, returned best
results of 3.3 m of 1.38 g/t Au, 2332 g/t Ag, 8.5 % Pb and 1.1 %
Zn, 0.3 m of 1855 g/t Ag, 41.5 % Pb and 530 ppm Zn, 0.4 m of 0.62
ppm Au, 1026 g/t Ag, 2.75 % Pb and 6417 ppm Zn, and 0.7 m of 0.57
ppm Au, 982 g/t Ag, 9.33 % Pb and 1.35 % Zn. Initial results from
the Homestake trenching and sampling program returned 0.7 m of 1155
g/t Ag, 0.30 g/t Au, 6.27 % Pb and 10.09 % Zn and 0.35 m of 761.4
g/t Ag, 5.72 % Pb and 1.50 % Zn from oxidized and gossanous
material exposed in Trench Tr04. Further results are pending.
The Company has also received the results of a 37-sample soil
geochemical program conducted at Faith Gulch and designed to extend
a 700 m by 800 m zone of coincident Au-As anomalism(1) identified
by a survey conducted in July 2011. The new results expand the area
of coincident Au-As anomalism by over 200 m to the south, and
returned grades up to 10.1 ppm Ag over an area interpreted to cover
the intersection of the Caribou vein, Caribou fault and two
un-named north-east trending longitudinal veins. Intersections of
veins and cross faults historically have been provided the highest
grades and most tonnage in the Keno Hill district(2), and the
results of this program advance the Faith Gulch prospect as a drill
target for 2012. Anomalism remains open to the south and east. The
Caribou Hill and Homestake targets are currently being tested by
Monster Mining's 2011 diamond drilling program.
Monster Mining's Keno-Lightning property is located in the
historic Keno Hill district, which produced over 200 million ounces
of silver between 1913 and 1989(2). The project, which comprises
329 claims covering 6,650 hectares, represents 35 % of the
district.
Joanna Ettlinger, PhD, AusIMM(CP) is the Qualified Person under
National Instrument 43-101 who has reviewed and approved the
technical information contained in this news release.
(1) Monster Mining Corp. News Release, September 8th, 2011
(2) Cathro, R.J. 2006, Great Mining Camps of Canada 1.The
History and Geology of the Keno Hill Silver Camp, Yukon Territory,
Geoscience Canada, v. 33, p. 103-134
ON BEHALF OF THE BOARD
Robert Eadie, President, Chief Executive Officer and
Director
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Contacts: Monster Mining Corp. Robert Eadie 1-604-602-4935
1-604-602-4936 (FAX)info@monstermining.comwww.monstermining.com
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