November 22, 2011
Mineral Mountain Resources Ltd.
Continues to Intersect Hammond Reef Style Gold Mineralization at Pine Centre
- Current drilling intersects 1.57 g/t Au over 14.00 metres, 1.96 g/t Au over 12.00 metres
- Exploratory drilling to test other gold targets within the marginal phase of the Lawrence Lake Batholith is ongoing
VANCOUVER, BC - Mineral Mountain Resources Ltd. ("Mineral Mountain" or the "Company")
(TSX-V:MMV) (OTCQX:MNRLF)
is pleased to announce gold assays from its ongoing exploratory drilling campaign in the Pine Centre Area of its Straw Lake Project, situated approximately 50 km north of Fort Frances in northwestern Ontario.
Current Drilling Campaign
Drilling assays for the ongoing Phase I campaign at the Pine Centre area of the Companys 100% owned Straw Lake Project have been received for an additional 15 drillholes, of which 10 drillholes (PC11-026-PC11-035) targeted the main Pine Center Zone.
The remaining 5 drillholes (PC11-036-PC11-041) are interpreted to have tested a parallel structure.
This initial phase of drilling was designed to confirm historically drilled mineralization and also to test the northeast strike extensions of the gold mineralization hosted in the PCAZ.
Notable intersections include:
PC-11-032 (1.57 g/t Au over 14.00 metres), PC-11-033 (1.96 g/t Au over 12.00 metres), and PC-11-026 (1.65 g/t Au over 13.20 metres). Complete length weighted gold composites are presented in Table 1.
A drill hole location plan map is available on the Companys website at www.mineralmtn.com.
Table 1: Length weighted gold averages from current drilling at Pine Centre Alteration Zone (PCAZ).
Core lengths equal approximately 90-100% of true thicknesses.
Drill holes PC11-036 through to PC11-041 are not interpreted to lie on the PCAZ.
HOLE-ID |
SECTION |
ELEVATION (M) |
FROM (M) |
TO (M) |
CORE LENGTH (M) |
AU (G/T) |
ZONE |
|
|
|
|
|
|
|
|
PC11-026 |
476049 |
384 |
6.80 |
20.00 |
13.20 |
1.65 |
PCAZ |
PC11-027 |
476052 |
382 |
9.00 |
17.20 |
8.20 |
2.43 |
PCAZ |
PC11-028 |
476061 |
390 |
3.00 |
14.00 |
11.00 |
1.45 |
PCAZ |
PC11-029 |
476063 |
388 |
3.60 |
16.00 |
12.40 |
1.27 |
PCAZ |
PC11-031 |
476107 |
364 |
27.30 |
32.00 |
4.70 |
1.56 |
PCAZ |
PC11-031 |
476102 |
346 |
48.00 |
49.00 |
1.00 |
1.18 |
PCAZ FW |
PC11-032 |
476082 |
372 |
22.00 |
36.00 |
14.00 |
1.57 |
PCAZ |
PC11-032 |
476073 |
359 |
45.70 |
46.24 |
0.54 |
1.18 |
PCAZ FW |
PC11-033 |
476090 |
367 |
23.00 |
35.00 |
12.00 |
1.96 |
PCAZ |
PC11-034 |
476125 |
369 |
29.00 |
37.00 |
8.00 |
0.91 |
PCAZ |
PC11-035 |
476134 |
361 |
31.00 |
40.00 |
9.00 |
2.34 |
PCAZ |
PC11-036 |
476169 |
393 |
14.00 |
20.00 |
6.00 |
0.61 |
|
PC11-037 |
476174 |
392 |
13.00 |
17.00 |
4.00 |
0.61 |
|
PC11-037 |
476169 |
376 |
32.00 |
32.50 |
0.50 |
1.32 |
|
PC11-037 |
476167 |
369 |
39.56 |
40.00 |
|
|
|
|
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