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
1 year chart
1 day chart
Watchlist/Portfolio

Add to watchlist:

Only registered members can add into watchlist !

Register here !
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.

Pdf

Sacre-Coeur intersects over 100 meters of gold mineralization at Million Mountain Project

20th May 2010, 11:40 am

Guyana focused mineral exploration junior Sacre-Coeur Minerals (TSX-V:SCM) reported further encouraging results from its ongoing efforts at Zone 1 of the Million Mountain property.

Zone 1 already hosts a 43-101 compliant measured resource of 12.12 million tonnes grading 1 gram per tonne gold and indicated resource of 2.175 million tonnes grading 0.9 grams per tonne gold, or a combined measured and indicated resource of approximately 0.45 million ounces.

Drilling has continued at Zone 1, where the company reported that drill hole MM17510 intersected 103.6 meters grading 1.26 grams per tonne gold, including a higher grade 15 meters @ 4.81 grams per tonne gold.  The drill hole encountered seven significant zones of gold mineralization in total and averaged 0.4 grams per tonne gold from surface to 589 meters.

Sacre-Coeur has completed 7 holes, or just over 4,000 meters of drilling in the current campaign.  Drilling was designed to test the mineralized system at depth to increase the company’s understanding of the controls of the mineralization and to add to the current resource estimate.  Drilling has focused on areas to the south, east and north of the current resource, and at depth.

“Significantly, bedrock exposed on the floor of the test mining pit in Alluvial Area 2 which is consistent in rock type and character to that of the existing Zone 1 resource host has provided further encouragement for extension of the Zone 1 resource for an additional 0.5km further to the Northeast,” the company reported. “This newly exposed bedrock is being mapped and evaluated for further step out drilling on a probable extension of Million Mountain Zone 1 in addition to the already planned ongoing resource expansion drilling.”

Beyond drilling at Zone 1, Sacre-Coeur has been systematically drilling other targets along the 20 kilometre Million Mountain trend.

No investment advice

The Company is a publisher and is not registered with or authorised by the Financial Services Authority (FSA). You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is suitable or advisable for any specific person. You further understand that none of the information providers or their affiliates will advise you personally concerning the nature, potential, advisability, value or suitability of any particular security, portfolio of securities, transaction, investment strategy, or other matter.

You understand that the Site may contain opinions from time to time with regard to securities mentioned in other products, including company related products, and that those opinions may be different from those obtained by using another product related to the Company. You understand and agree that contributors may write about securities in which they or their firms have a position, and that they may trade such securities for their own account. In cases where the position is held at the time of publication and such position is known to the Company, appropriate disclosure is made. However, you understand and agree that at the time of any transaction that you make, one or more contributors may have a position in the securities written about. You understand that price and other data is supplied by sources believed to be reliable, that the calculations herein are made using such data, and that neither such data nor such calculations are guaranteed by these sources, the Company, the information providers or any other person or entity, and may not be complete or accurate.

From time to time, reference may be made in our marketing materials to prior articles and opinions we have published. These references may be selective, may reference only a portion of an article or recommendation, and are likely not to be current. As markets change continuously, previously published information and data may not be current and should not be relied upon.