Million Mountain Zone 1 Resource Body Begins
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FSC / Press Release
Drill Testing Targets for Expansion of Million Mountain Zone 1 Resource Body Begins
Vancouver, British Columbia CANADA, March 21, 2011 /FSC/ - Sacre-Coeur Minerals Ltd. (SCM - TSX Venture, S5N - FWB), today announced that drilling of the targets identified by the geophysical surveys completed in the fall of 2010 over Zone 1 of its Million Mountain Project has begun. Zone 1 is located on the 20km Million Mountain Structural Trend within the Company's Lower Puruni Block of concessions located in North-central Guyana. These highly focused targets indicate potential expansion areas to the preliminary Zone 1 NI 43-101 compliant resource estimate published in September 2008 containing Measured Resources of 12,119,285 tonnes grading 1.0 g/t Au and Indicated Resources of 2,175,278 tons grading 0.9 g/t Au. Total contained gold is 451,397 tr oz Au (388,456 tr oz Au Measured and 62,941 tr oz Au Indicated).
The targets to be tested present as congruent signatures from IP and ground magnetic surveys. These signatures mirror the signature exhibited by the known resource body at Zone 1 which serves as an index. The geophysical surveys revealed three such target zones for potential continuation of the Million Mountain Zone 1 resource body which have not been drill tested prior to this drill program. The Company has budgeted up to 23,000 meters of additional drilling to define these possible expansion areas to the Zone 1 resource body.
Upon completion of this drilling program, the NI 43-101 resource estimate for Million Mountain Zone 1 will be updated. The update is expected to be completed in 4Q 2011. This update will also include 41 previously reported drill holes completed since the initial resource estimate was issued in 2008, many of which are expected to be additive to the reportable resource, as well as all drilling from this current campaign.
Further geophysical surveys on Zone 1 are also planned in the coming months to expand the area of coverage. In all instances, the signatures representing target zones identified by the last geophysical program are truncated at the limits of the survey.
According to Greg Sparks, President & CEO, "we are very pleased with the focused targets generated by the recent geophysical program, and we looking forward to drill testing these potential resource expansion targets on Million Mountain over the next few months."
Technical Staff
The Company's exploration program is overseen by Mr. Henry Salvado, Registered Geologist., Exploration Manager for the Company, under the overall supervision of Mr. Gregory B. Sparks, P. Eng., President and CEO. Exploration on Million Mountain Zone 1 is directed by Mr. Bjorn Jeune, Sr. Project Geologist. Mr. Ardito Martohardjono a Director of the Company, and a laboratory specialist provides assistance with lab protocols, sample handling procedures, and assay quality control. The undersigned and Mr. Salvado are qualified persons under NI 43-101.
About Sacre-Coeur
The Company is engaged in the acquisition, exploration and development of properties for the potential mining of gold, metals and diamonds in South America, initially focussing on exploration for gold on its properties in Guyana. The Company presently has an interest in approximately 1000 sq. km of mineral properties in Guyana, including the Million Mountain Property. The Company has offices in Vancouver, Canada and Georgetown, Guyana. More information about the Company is available at >www.scminerals.com
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