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Message: News Release - Dec 06, 2007

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News Release - Dec 06, 2007

posted on Dec 06, 07 06:50AM

  http://www.cnxmarketlink.com/en/releases/archive/December2007/06/c8253.html

 

Mantis Uncovers Historical Data Illustrating High Grades

at Depth at The Orphan Mine, Adjacent to Kodiak Exploration

 

TORONTO, Dec. 6 /CNW/ - Mantis Mineral Corp. is pleased to announce that

recent research into historical documents filed in 1987 through the Alberta

Stock Exchange by Canadian Gold Resources Inc. illustrate the gold

mineralization potential of the Orphan Mine vein systems. This research is an

on-going compilation of information from which a Geographic Information System

('GIS') database is being constructed of the Orphan vein system to assist with

expediting future exploration programs.

 

The following highlights have been extracted from the filings:

-------------------------------------------------------------------------

Hole Number          From        To      Interval              Gold

                                   (feet)     (feet)     (feet)        Grade opt

-------------------------------------------------------------------------

DDH-5                   154.5     177.25    3.5                 0.25

-------------------------------------------------------------------------

DDH-5 within     187.67   203.58   3.42 section    0.397

-------------------------------------------------------------------------

DDH-13                 253.0   258.0      3.0                   0.359

-------------------------------------------------------------------------

DDH-16                 701.0   717.0    16.0                     0.11

-------------------------------------------------------------------------

                                        includes       4.0                 0.196

-------------------------------------------------------------------------

opt = ounces per ton.

Cautionary note:

While these assays are of a historical nature and do not conform to

National Instrument 43-101 they are generally considered reliable

according to local industry standards.

Significantly the intersection reported in DDH-16 was at a 675-foot

vertical depth, 425-feet below the 250-foot level of the mine.

These holes constitute a portion of the 7,500-foot drill program that was

undertaken between October 1986 and February 1987. The collar locations of all

the holes in relation to the Orphan vein will be added to the GIS data base,

and made available for viewing on the company website in the near future.

Robin Ross, CEO commented, "The uncovering of these drill results on our

Orphan property is extremely exciting because it illustrates the success of

diamond drilling on our land package, in this important and growing gold camp.

We are confident that we will be able to repeat and expand upon this past

success in our up-coming diamond drill campaign, scheduled for the 2nd quarter

of 2008."

"These results are also significant because they confirm the continuation

of strong gold mineralization to depth. Kodiak Exploration's recent drill

program reported high-grades at similar depths and geological experts on this

camp believe that mineralization could extend as deep as 2000-meters."

The Orphan Main Vein was accessed by a 262-foot deep shaft and ore was

mined by drifting on the 150-foot level for 202-feet and on the 250-foot level

for 352-feet. Historical records indicate that minimal mining was done in two

very small stopes (an underground working where ore is removed by upward

progressions in lateral sections in the plane of the vein), presumably leaving

behind substantial ore. Historical data has delineated target blocks for

potential tonnage calculations. The projection is to the 320-foot level. As is

illustrated from historical reports, down dip the vein is open to hosting

significant gold mineralization.

About Mantis Mineral Corp.

Mantis Mineral Corp. is a Canadian based resource and exploration company

traded publicly under the symbol MINE on the CNQ. Mantis is focused on

creating shareholder value through the exploration and development of its

suite of strategically located, high-impact Canadian exploration projects.

The CNQ has not reviewed and does not accept responsibility for the

adequacy of this release.

-30-

/For further information: Mr. Robin Ross, Chairman & CEO: (416) 362-1800,

rross@mantismineralcorp.com,

or visit our corporate website at

 http://www.mantismineralcorp.com/

More on this organization

MANTIS MINERAL CORP. NEWS RELEASES (55)

 http://www.cnq.ca/Page.asp?PageID=2017&AA_RecordID=202

 

QUOTES AND CHARTS: MINE.(CNQ)

--------------------------------------------------------------------------------

© 2005 CNW Group Ltd.

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