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Additional Information
Market: TSX-V
Sector: General Mining - Gold
EPIC: SCM
Latest Price: C$0.09  (0,00%)
52-week High: C$0.45
52-week Low: C$0.09
Market Cap: C$3.96M
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Sacre-Coeur Minerals
www.scminerals.com

Sacre-Coeur Minerals Ltd.  (TSX-V: SCM) is a Canadian Junior Mining company engaged in the acquisition, exploration and production of gold and other metals in South America. The company is currently focused  on its gold properties in Guyana, a miner-friendly country with a stable government where the Company holds 100% interest in approximately 978 square kilometers of mineral concessions.

Full Sacre-Coeur Minerals profile here
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Sacre-Coeur Minerals to start gold sales from Million Mountain before March 2010

24th Feb 2010, 9:57 am

Sacre-Coeur Minerals (TSX-V: SCM) is modifying its mining system and gearing up for the start of full scale production at its Million Mountain gold project in Guyana after receiving results from the test mining program, while expecting gold sales to commence by early March 2010 after removing bottlenecks in the refinery.

The test program focused on confirming the accuracy of the initial test pitting program, examining the distribution and character of gold, to determine the characteristics of the overburden and the alluvial zone to optimize for production scale operations and to develop the most effective concentrate refining techniques and parameters.

Based on the results, it was determined that stripping of overburden was best accomplished with track mounted excavators, while mining of the alluvial zone would be more effective using water jets, which allow for thorough and precise cleaning of the high grade coarse gold typically found at the bedrock interface. Water jets also reduce the role of heavy equipment and the need for skilled heavy equipment operators, cutting equipment costs.

In addition to the mining system modifications, bottlenecks in the refinery are currently being eliminated to permit processing of all gravity concentrates and shorten the time to gold sales. The refining backlog has delayed initial sales, which are now expected to commence before March 2010 and continue on a regular basis.

The company said it was now confidently preparing for a full scale production after the test mining program fulfilled its objectives. The total costs are projected to be at C$0.2 million, while implementation is expected to take three months.

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