Guyana Mineral Exploration

[Tackler]

Sacre-Coeur drills 93.0 m of 0.81 g/t Au

2008-01-03 04:43 MT - News Release

Mr. Irwin Olian reports

SACRE-COEUR REPORTS 250 METER STEP OUT YIELDS 93.0 METERS GRADING 0.81 G/T AU AT MILLION MOUNTAIN; HIGH SULPHIDE PORPHYRY BODY DRILLED AT OLD GRANNY TARGET AREA 1 KM TO THE EAST

Sacre-Coeur Minerals Ltd. is continuing drilling to expand the gold resource at its Million Mountain project. Drill hole MM11007 drilled more than 250 metres south of its last reported drilling, encountering 93 metres grading 0.81 gram per tonne gold. Step-out drilling is continuing to expand the gold-mineralized body to the south. The company has now completed three lines of drilling at 50 metres, 150 metres and 250 metres respectively, located south of the last reported drilling. In addition drilling along the Northeast margin of the known resource body has been completed. Assays remain outstanding for approximately 20 infill holes drilled into the Million Mountain main mineralized zone.

 
  
                         TABLE OF SELECTED DRILL RESULTS 
  
 Drill hole     From (m)      To (m)   Interval (m) Assay (g/t Au) 
  
 MM11007           73.0       166.0          93.00           0.81 
 including       129.70      134.98           5.28           4.01 
 MM10707          10.13        21.3          11.17           0.58 
                  43.90       61.80          17.90           0.81 
 

Notes:
1) Intercepts are not resolved to true width.
2) Assays are uncut, though no significant statistical outliers
occur in the sample population.
3) These assays are determined by Acme Laboratories as further
described below.

 
                    DRILL HOLE SURVEY DATA 
  
 Drill hole UTM grid  East      North    Collar.  Azimuth  Inclination 
              No.     (m)        (m)     Elev (m) (true N) 
  
 MM11007      21N   241223.76  696712.19  65.94      286         -60 
 MM10707      21N   241146.10  696840.69  71.31      286         -45 
 

Assays have also been received for several holes aimed at testing the anticipated northeastern corner of the resource body. Drill holes MM8107, MM8207, MM8307, MM8407, MM8507, MM8607, MM8707 and MM8907 were drilled to test the northeastern margin of the resource body. As expected, all but MM8707 and MM8907 returned numerous scattered intercepts of 10 metres grading 0.5 gram per tonne gold, consistent with the margins of the main body of mineralization.

Recent mapping of trenches located approximately 500 metres to the southwest of the main resource body show similar rock type and veining consistent with the resource drilled to date. Presently the Million Mountain resource body remains open to the south and southwest.

In addition, the Old Granny resource target located approximately one kilometre to the east may add a further dimension to the overall Million Mountain resource target. Initial drilling in this area has revealed a large scale, sulphide-rich porphyry body, with total pyrite and chalcopyrite content ranging to more than 25 per cent. Assays for 10 holes of core drilling into this target area are pending.

According to Irwin Olian, chief executive officer of the company: "It is gratifying to see a continuation of gold mineralization as we step further to the South with our drilling. Our team is now working toward determination of an initial National Instrument 43-101 compliant resource estimate as soon as possible."

Assay data

The company uses Acme Laboratories for its core sample assays. Samples are prepared at Acme's Georgetown Guyana prep facility. Prepared samples are shipped to Acme's analytical lab in Santiago, Chile, for determination. Acme's facilities are ISO certified. Every 10th sample is split and a duplicate sample is shipped to ALS Chemex Vancouver, B.C., facility for check assay. As well, splits of all samples determined by Acme to be five grams per tonne gold or greater are also shipped to ALS Chemex for check assay. The results presented herein are composites of the assay of the coarse metallic fraction (over 200 mesh) and the assay for the under 200 mesh pulp to produce a total contained gold assay.

The company uses Loring Laboratories -- Guyana, a subsidiary of Loring Laboratories Ltd. of Calgary, Alta., to analyze geochem and other field samples. Splits of every 10th sample and splits of all samples returning assay of greater than 5.0 grams per tonne gold are sent to ALS Chemex Vancouver, B.C., facility for check assay. The results presented herein are composites of the assay of the coarse metallic fraction (over 200 mesh) and the assay for the under 200 mesh pulp to produce a total contained gold assay.

Technical staff

The company's exploration program is overseen by Gregory B. Sparks, PEng, senior vice-president mining and exploration for the company. Mr. Sparks is a qualified persons under National Instrument 43-101. Luis Gana is chief geologist, northwest region. He is assisted by Joseph Calpito, senior project geologist. Henry Salvado is chief geologist, Puruni region (which includes Million Mountain project). He is assisted by Alan Davies, Carlos Toro-Taylor and Bjorn Jeune, all senior project geologists. Ardito Martohardjono, a director of the company and laboratory specialist, provides assistance establishing lab protocols and sample handling and assay quality control.