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Message: Next holes...

Next holes...

posted on Jul 24, 2009 10:11PM

The next news on drill results will be from the 9-10 holes that are in the lab now. These holes are from Zone 2 of the Million Mountain zone. This zone is much larger than Zone 1, where SCM has their 43-101 defined ounces:

It's worth going back to look at what they said about this zone when they announced drilling back in April:

CORE DRILLING COMMENCES ON SACRE-COEUR’S LARGEST TARGET TO DATE, ZONE 2 AT MILLION MOUNTAIN PROJECT

April 14, 2009

VANCOUVER, B.C. – SACRE-COEUR MINERALS, LTD. (the "Company") today announced that core drilling has now commenced on Zone 2 of its Million Mountain project. Zone 2 represents the largest target to date, with a surface gold anomaly covering approximately 14.6 km², which is some 36 times larger than the gold anomaly at Million Mountain Zone 1 which measures approximately 0.4 km² in area. As reported in the Company’s press release dated September 22, 2008, Million Mountain Zone 1 hosts an NI 43-101 compliant interim gold resource of 451,397 tr oz Au (388,456 tr oz Au Measured grading 1.0 g/t Au, and 69,941 tr oz Au Indicated grading 0.9 g/t Au).

In addition to the expansive size of the Zone 2 target, empirical evidence suggests potential for robust gold and copper mineralization in the zone. As recorded in the database maintained by the Guyana Geology and Mines Commission, anomalous copper and gold values were encountered in a shallow drilling program sponsored by the United Nations in the 1960s on the area now comprising Zone 2. Zone 2 is dominated by a topographic high resulting from a volcanic intrusive body. Much of this dome is characterized at surface by iron-rich gossanous material cut by frequent mineralized quartz veining. Soil sampling over the entire Zone 2, as well as stream sampling down gradient from the target is on going. Results received to date are highly anomalous for gold and copper. Also compelling is a marked magnetic contrast arcing around the southern portion of the zone, clearly delineating the meta-volcanic interface with the intrusive body. This depositional environment is analogous to that of the highest grade portions of Million Mountain Zone 1, which yielded drill intercepts of up to 261.8 m grading 1.58 g/t Au (including 83.0 m grading 4.33 g/t Au).

83m of 4.33gpt is respectable. If we get anything close to that on this next batch then the market might be ready to start paying attention. Best case scenario, we get the PP closed, nice drill results and test mining up and running over the next couple of months.

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