Proactive investorsLogo Proactive Investors UK Website

Search field
Additional information
Additional Information
Market: TSX
Sector: Gold Mining
Epic: SCM
News: Latest news
Web Site: Sacre-Coeur Minerals
Other Articles: 15-01-201006-01-201021-10-2009

RSS - Subscribe to the News Today on Proactive UK ▼

Wednesday March 17, 09:01SmartFocus, Amphion Innovations and National Milk Records confirmed for March 18 Forum

The presentations will start at 6:00pm and finish at approx 7:30pm. After the presentations are complete the directors will also be available to take questions during a free canapé and wine reception.

FULL ARTICLE ►

RSS - Subscribe to the News Today on Proactive AU ▼

Thursday March 18, 12:26Healthcare & Biotech companies to present at "Ultimate Healthcare & Biotechnology Event 2010”

We have a cracking line-up for March 24, as we return to Healthcare & Biotech sector at our One2One Investor Forum. Seats are limited, to avoid disappointment, register now.

FULL ARTICLE ►

RSS - Subscribe to the News Today on Proactive CN ▼

Monday March 15, 09:01China's growth boosting commodity prices

The latest economic figures from China have put pressure on the dollar and boosted a number of high-yielding currencies, including the Australian dollar and the South African rand.

FULL ARTICLE ►
Sacre-Coeur Minerals

Sacre-Coeur Minerals

Sacre-Coeur Minerals, Ltd. (TSX-V: SCM) is engaged in the acquisition, exploration and development of Properties for the potential mining of gold, metals and diamonds in South America, initially focusing on exploration for gold on its properties in Guyana. The Company presently has an interest in approximately 850 square miles of mineral properties in Guyana, including the Million Mountain project in north-central Guyana consisting of 21 permits covering some 21,768 acres in the Mazaruni Mining District. The Company has offices in Vancouver, Canada and Georgetown, Guyana.

CLICK HERE FOR FULL ANLAYSIS OF SACRE-COEUR MINERALS
Friday, December 12, 2008

Sacre-Coeur Minerals Discovers Porphyry Style Mineralization at Million Mountain Project

by Ian Mclelland company news image

Sacre-Coeur Minerals (TSX-V:SCM), the mineral exploration junior whose primary asset is the Million Mountain Project in Guyana, reported the discovery of a porphyry type occurrence while conducting drilling at Zone 3 of the project.   


Sacre-Coeur has already delineated a NI 43-101 compliant indicated and measured resource of approximately 14.3 million tonnes grading 1 gram per tonne gold containing just over 451,000 ounces of gold from Zone 1.  The company has identified seven other “highly prospective” targets over an 8 kilometre trend, and has been following up earlier exploration to drill test the highest priority targets.


Today’s drill results emanated from Zone 3, which lies around 3.8 kilometres west of Zone 1.  Drilling returned “porphyry-type mineralized body” containing gold, copper and molybdenum, with the best intercepts recording gold grades as high as 14.41 grams per tonne and copper at the higher end of the assay detection level of 1%, plus molybdenum grades up to 0.18% plus minor silver.


 Highlights from drilling included 45 metres grading 0.35 grams per tonne gold, 0.08% copper, 0.013% molybdenum and 1.88 grams per tonne silver from 98 metres in drill hole WP0608 and 85 metres grading 0.34 grams per tonne gold, 0.11% copper, 0.011% molybdenum and 2.13 grams per tonne silver from 131 metres.  Sacre-Coeur now intends to follow up with several deep holes to test the mineralization at depth. Assays are pending on a further seven holes drill at Zone 3.  


Irwin Olian, CEO of Sacre-Coeur Minerals said the company was excited about the discovery of porphyry type mineralization: “It is gratifying that our initial drilling into Zone 3 has encountered gold as well as other mineralization.  This tends to validate our geologic model which suggests the existence of at least eight potentially productive zones over the eight kilometre structural trend situated within the Million Mountain Property.  While we are just beginning to define this mineralized body, we are certainly excited about the discovery of polymetallic, porphyry-type mineralization.  We are eagerly awaiting the results of the next planned deep holes further to the East and North of the discovery holes which are scheduled to start in January 2009. These additional holes will test the existence of a potentially large polymetallic porphyry deposit.”


Sacre-Coeur Minerals has an interest in approximately 850 square miles of mineral properties in Guyana, including the Million Mountain project in north-central Guyana, which consists of 21 permits covering some 21,768 acres in the Mazaruni Mining District.

AddThis Feed Button
Register here to be notified of future Sacre-Coeur Minerals articles.

Other Sacre-Coeur Minerals articles


Other Sacre-Coeur Minerals news

More news ►

Investors interested in Sacre-Coeur Minerals recently viewed


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.