Additional Information
Market: TSX-V
Sector: General Mining - Gold
EPIC: SCM
Latest Price: C$0.10  (17.65% Ascending)
52-week High: C$0.45
52-week Low: C$0.09
Market Cap: C$4.66M
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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.

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Sacre-Coeur begins drilling targets at Million Mountain project

30th Mar 2011, 5:31 pm by Deborah Sterescu

Sacre-Coeur Minerals (CVE:SCM) said Monday it has begun to drill targets identified by geophysical surveys completed at its Million Mountain project in Guyana last fall.

The targets are located on Zone 1 of the property, which is located on the 20 kilometre Million Mountain structural trend within the company's lower Puruni Block of concessions.

The company said the targets suggest the potential to expand the preliminary Zone 1 NI 43-101 compliant resource estimate from September 2008. The 2008 report calculated measured resources of 12.12 million tonnes grading 1.0 g/t gold, and indicated resources of 2.18 million tonnes grading 0.9 g/t gold. Total contained gold was estimated at 451,397 tr ounces.

Sacre-Coeur has budgeted up to 23,000 metres of drilling to define the possible extension areas to the Zone 1 resource. Three such areas were identified by the geophysical surveys.

Once the drilling is completed, the company plans to release an updated resource estimate for the zone, expected in the fourth quarter. The new resource will also include 41 previously reported holes drilled since the last estimate was issued more than two years ago.

Last month, Sacre-Coeur announced that steel giant Severstal (LON:SVST)(RT:CHMF) had terminated a takeover bid for the company. The cancelled deal, which exhausted the company's liquid assets, led it to complete a C$2.58 million private placement in order to meet its operational goals for the year and jumpstart drilling at Million Mountain.

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