MANTLE RESOURCES INC.
Wednesday, June 13, 2007
(No. 2007-06-15)
info@mantleresources.com
Mantle Increases
Kechika
Trough
Land
Holdings in NE British Columbia
Vancouver, B.C. � June
13, 2007 � Mantle Resources Inc. (TSX Venture: MTS; Frankfurt: A0F7E1) (�Mantle� or the �Company�) is
pleased to announce that it has entered into two separate agreements pursuant
to which the Company will be acquiring a royalty-free 100% undivided interest
in an additional 32 mineral tenures, totaling 12,302.9 hectares,
within the highly prospective Kechika SEDEX zinc-lead district of northeastern
British Columbia. The acquisition of these tenures increases the Company�s land
holdings in this area, which include the advanced Akie Property, to 101,163 hectares, extending in a
north-northwesterly direction over a distance of some 180 km.
The first
agreement pertains to 24 tenures (Pooker 1, Saint 1-4, What a Rift, Ricks
Spirit of MTO, Driftpile1-3, X, Cousin Saint, Pile, 1.1, IN, AK and 8 un-named
tenures) encompassing 5,265.80
hectares within the Omineca and Liard Mining Divisions.
The second
agreement pertains to 8 tenures (Kwad, Peskie, Peskie 2, Gnome East, Spa, Gata,
New Quad, Cirque East), for a total of 7,037.11 hectares,
also within the Omineca and Liard Mining Divisions.
�We are very
pleased to have acquired these additional claims,� stated Mr. Peeyush Varshney,
President of Mantle Resources Inc.� �By
securing these properties we now have an even larger highly prospective land
package in this world class sedex zinc basin.�
Mantle is without a doubt the dominant land holder in this emerging
premier zinc-lead district in British Columbia.
�
About the Akie Property
The Akie zinc-lead
property is situated within the southern-most part (Kechika Trough) of the
regionally extensive Paleozoic Selwyn Basin, one of
the most prolific sedimentary basins in the world for the occurrence of SEDEX
zinc-lead-silver and straiform barite deposits.
Drilling on
the Akie property by Inmet Mining Corporation during the period 1994 to 1996
and Mantle in 2005 and 2006 has identified a significant body of baritic SEDEX
mineralization (Cardiac Zone) containing average combined zinc+lead contents in
excess of 10%. The deposit is hosted by variably siliceous, fine-grained
clastic rocks of the Middle to Late Devonian �Gunsteel formation�.
Three
similar deposits, Cirque, South Cirque and Driftpile (all owned by
Teck-Cominco), with a combined geologic inventory in excess of 65 million tones
averaging approximately 10% combined zinc-lead, occur in �Gunsteel� rocks to
the northwest of the Akie deposit.
MANTLE RESOURCES INC.
ON BEHALF OF
THE BOARD OF DIRECTORS
�Peeyush Varshney�
Peeyush
Varshney, LL.B
President
and Director
The TSX Venture Exchange has neither approved
nor disapproved the contents of this press release.