Additional Information
Market: TSX-V
Sector: General Mining - Gold
EPIC: SCM
Latest Price: C$0.09  (5.88% Ascending)
52-week High: C$0.45
52-week Low: C$0.09
Market Cap: C$4.19M
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 Minerals starts next drilling phase on Zone 9 at Million Mountain gold trend in Guyana

13th Oct 2009, 2:55 pm Sacre-Coeur Minerals starts next drilling phase on Zone 9 at Million Mountain gold trend in Guyana

Sacre-Coeur Minerals (TSX VENTURE: SCM) has commenced the second phase of drilling on target Zone 9 on the Million Mountain trend on its Lower Purini block of properties in Guyana, South America, after intersecting mineralisations of up to 4.0 grammes per tonne gold over 13.6 metres during the first phase.

The second phase, which includes up to ten additional holes for a total 2,500m, is aimed at adding strike length to the known mineralised zones as well as examining a major structural intersection, which the company says could contain a significant near-surface mineralisation. Several other structurally controlled targets have been developed as a result of surface work conducted after the first phase was wrapped up.

The company will then embark on a five hole drilling programme to test a geochemical anomaly located south ant west of Zone 1 and could potentially extend it with another gold mineralisation.

The zone hosts a preliminary NI 43-101 compliant resource of 451,000 ounces of gold, including 388,456 oz in the measured category and 62,841 oz in the inferred category.

“We are continuing with our exploration of hard-rock targets at Million Mountain at the same time as we are proceeding to implement our test mining program for alluvial gold deposits in the region,” said Chief Executive of Sacre-Coeur.

The company commenced test mining at Zone 2 back in summer after identifying nine alluvial gold zones following the completion 83 test pits. The weight of the total recovered gold concentrate was 4.23 grammes from the 830 kilos of total sample weight.

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.