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Cours Or & Argent

Manson Creek Resources Ltd.

Publié le 16 avril 2012

Manson Creek Provides Corporate Update

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Manson Creek Resources Ltd.
TSX VENTURE: MCK
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April 16, 2012
Manson Creek Provides Corporate Update
CALGARY, ALBERTA--(Marketwire - April 16, 2012) - Manson Creek Resources Ltd. (TSX VENTURE:MCK) ('Manson Creek') is pleased to provide a corporate update on the upcoming 2012 exploration season.

The Company's submission to the Yukon Environmental and Socio-economic Assessment Board (YESAB) has now entered the 'Preparing Recommendation' phase with the permitting process proceeding smoothly. The submission covers the necessary permits that would allow for the construction of a 10 to 12 person drill camp, line cutting required for the ground geophysical survey, the construction of drill pads, and up to 2,000 meters of proposed diamond drilling on the Tell project. It is anticipated that a decision will be provided within the coming weeks. The Company is finalizing logistical contracts and agreements with various vendors and service providers in the Yukon.

The exploration budget for the Up Town Gold project in the Northwest Territories is nearing finalization. The program is expected to begin in mid May with detailed geological mapping that will outline gold mineralized zones for follow-up sampling.

In order to focus resources on the Tell and Up Town Gold projects for the coming exploration year, Manson Creek has returned the Virgin Arm Newfoundland project back to the vendors.

Tell Project Background

Work on the Tell property in 2011 led to the discovery of six new mineralized natural spring gossans. These discoveries were in addition to the strongly mineralized Tell showing. The new discoveries extend over an area of 600 meters east to west and extend over 450 meters north to south with the mineralization remaining open in all directions. The 2,200 hectare Tell property is located immediately south of ATAC Resources Ltd.'s Rau claim block.

The Company believes the seven Tell property gossans to be of extreme significance due to the number of successful drill discoveries made on similar gossans in the region. The Tell gossans, which have not been drill tested to date, bear strong similarities to the Ocelot discovery which was made by drill testing a natural spring gossan displaying similar strongly anomalous zinc and other pathfinder elements.

Exploration proposed for the Tell Project in 2012 includes early season ground geophysical surveys followed up by geological and structural mapping that will provide final details for the targeted diamond drill program, slated to follow during the summer. The Company has already secured a diamond drill rig for the program.

Up Town Gold Project Background

The Up Town Gold property is within sight of two prolific gold producers, the Giant and Con gold mines that have produced over 12,000,000 ounces of gold. The property encompasses five known gold bearing zones that are hosted in Archean granodiorites. An increasing number of significant bulk mineable low grade gold deposits have been found in similar Archean granitic rocks in Canada and elsewhere in the World. There is a growing awareness that they constitute a separate deposit class which can be referred to as Granite Hosted Lode Gold deposits.

A due diligence visit conducted by company geologists in December located many of the historical areas of trenching and excavation on the property. Grab samples were collected at various occurrences and returned assays ranging from trace amounts of gold to as much as 46.6 g/t gold. The samples also returned significant silver values ranging from 0.1 g/t silver to greater than 100 g/t silver.

The President of Manson Creek Resources Ltd., Regan Chernish P.Geol., is the Qualified Person responsible for the preparation of this news release.

Regan Chernish, P. Geol., President and Director

Except for the historical and present factual information contained herein, the matters set forth in this news release, including words such as "expects", "projects", "plans", "anticipates" and similar expressions, are forward-looking information that represents management of Manson Creek's internal projections, expectations or beliefs concerning, among other things, future operating results and various components thereof or the economic performance of Manson Creek. The projections, estimates and beliefs contained in such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause Manson Creek's actual performance and financial results in future periods to differ materially from any projections of future performance or results expressed or implied by such forward-looking statements. These risks and uncertainties include, among other things, those described in Manson Creek's filings with the Canadian securities authorities. Accordingly, holders of Manson Creek shares and potential investors are cautioned that events or circumstances could cause results to differ materially from those predicted. Manson Creek disclaims any responsibility to update these forward-looking statements.


The TSX Venture Exchange has neither approved nor disapproved of the contents of this press release.

CONTACT INFORMATION:

Manson Creek Resources Ltd.
Regan Chernish
1.403.233.0464
Fax: 403.266.2606
www.manson.ca

INDUSTRY: Manufacturing and Production - Mining and Metals

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Données et statistiques pour les pays mentionnés : Canada | Tous
Cours de l'or et de l'argent pour les pays mentionnés : Canada | Tous

Manson Creek Resources Ltd.

EXPLORATEUR
CODE : MCK.V
ISIN : CA5644491063
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Manson Creek Res. est une société d’exploration minière d'argent et d'or basée au Canada.

Manson Creek Res. détient divers projets d'exploration au Canada.

Ses principaux projets en exploration sont VIRGIN ARM, BLACK LAKE, MERIDIAN, CR, CUPRUM et PALOMINO au Canada.

Manson Creek Res. est cotée au Canada et aux Etats-Unis D'Amerique. Sa capitalisation boursière aujourd'hui est 10,0 millions CA$ (7,6 millions US$, 6,2 millions €).

La valeur de son action a atteint son plus haut niveau récent le 29 juillet 2011 à 1,80 CA$, et son plus bas niveau récent le 15 avril 2016 à 0,01 CA$.

Manson Creek Res. possède 31 250 000 actions en circulation.

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Financements de Manson Creek Resources Ltd.
30/04/2014Closes Financing
02/11/2012Manson Creek Closes First Tranche in Non-Brokered Financing
01/11/2012Closes First Tranche in Non-Brokered Financing
15/10/2012Manson Creek Announces Non-Brokered Financing
15/10/2012Announces Non-Brokered Financing
17/05/2012Manson Creek Completes $106,000 Non-Brokered Financing
17/04/2012Manson Creek Announces Non-Brokered Financing
Nominations de Manson Creek Resources Ltd.
18/06/2012Manson Creek Appoints Interim Chief Financial Officer
Projets de Manson Creek Resources Ltd.
14/11/2013Provides Exploration Update
12/08/2013Closes the Option of the Up Town Gold Project, NWT
24/07/2013Commences Field Work on Grommet Property in Yukon and Approv...
05/11/2012Manson Creek Reports Exploration Underway on Up Town Gold Pr...
25/07/2012Manson Creek Identifies Large Target Beneath =?ISO-8859-1?Q?...
13/06/2012Manson Creek Reports Exploration Underway on Tell Project in...
30/04/2012Manson Creek Provides Up Town Gold Project Update
24/01/2012Manson Creek Acquires Gold Project Adjacentto 7 Million Ounc...
09/01/2012Manson Creek Secures Diamond Drill For Tell Property in Yuko...
22/08/2011Manson Creek Confirms Mineralized Gossans at the Tell Proper...
08/08/2011Manson Creek Completes Diamond Drilling On Virgin Arm Gold P...
25/07/2011Manson Creek Discovers Three New Gossans on Tell Project, Yu...
14/07/2011Manson Creek Commences Diamond Drilling on its Virgin Arm Go...
14/07/2011(Virgin Arm)Commences Diamond Drilling on its Virgin Arm Gold Project
27/06/2011(Cr)Exploration Underway on Manson Creek's Yukon Project
22/06/2011(Cr)Douglas Bryan, Manson Creek Resources Ltd. Director, Passes ...
25/05/2011Trenching Program Underway on Manson Creek's Virgin Arm Gold...
25/05/2011(Virgin Arm)Trenching Program Underway on Manson Creek's Virgin Arm Gold...
05/05/2011(Virgin Arm)Receives 2011 Exploration Permits and Secures Diamond Drill
04/05/2011Manson Creek Receives 2011 Exploration Permits and Secures D...
Communiqués de Presse de Manson Creek Resources Ltd.
14/07/2015Manson Creek Appoints Cornell McDowell as a Director and Pro...
22/12/2014December 12 2014: Manson Creek Terminates Option on Uptown G...
22/12/2014Manson Creek Terminates Option on Uptown Gold Property, NWT
22/09/2014Manson Creek Outlines Large Anomalous Silver-Zinc Intersecti...
20/08/2014Manson Creek Completes Phase 1 Drilling at the Guaman Projec...
23/07/2014Manson Creek Announces Filing of a 43-101 Report on the Guam...
14/07/2014Manson Creek Announces Results of Annual & Special Meeting a...
23/06/2014Manson Creek Completes Phase 1 Program on the Guaman Project...
22/04/2014Manson Creek Resources Ltd.: Completion of Share Consolidati...
15/04/2014Manson Creek Provides a Corporate and Technical Update
10/01/2014Announces Change of Auditor
26/11/2013President and Director Resigns from Manson Creek
12/03/2013Manson Creek Options the Up Town Gold Proj =?ISO-8859-1?Q?ec...
12/03/2013Options the Up Town Gold Project, NWT to Petro-Occidente Cap...
22/01/2013Manson Creek Extends Gold Mineralization at Up Town Gold Pro...
22/01/2013Extends Gold Mineralization at Up Town Gold Project, NWT
14/09/2012Manson Creek Provides Corporate Update
14/09/2012Provides Corporate Update
26/06/2012Manson Creek Finds Widespread High Grade Gold and Silver at ...
24/05/2012Manson Creek Announces Annual Meeting Results
16/04/2012Manson Creek Provides Corporate Update
30/03/2012Manson Creek Extends Warrants
07/09/2011Manson Creek Intersects 5=2E75 g/t Gold Over 1=2E0 Meter at ...
19/07/2011Manson Creek Expands Tell Claim Block, Yukon
19/07/2011Expands Tell Claim Block, Yukon
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