VANCOUVER, BC -- (Marketwire) -- 09/22/08 -- SACRE-COEUR MINERALS, LTD. (TSX-V: SCM) (the
"Company") is pleased to report that it has received the interim NI 43-101
compliant resource estimate for Zone 1 of its Million Mountain Project
located in the Lower Puruni Region of Guyana South America. The estimate
prepared by internationally recognized firms, Pincock Allen & Holt ("PAH")
working jointly with MAPTEK/KRJA, both of Lakewood, Colorado, includes
Measured Resources of 12,119,285 tonnes grading 1.0 g/t Au and Indicated
Resources of 2,175,278 tons grading 0.9 g/t Au. Total contained gold is
451,397 tr oz Au (388,456 tr oz Au Measured and 62,941 tr oz Au Indicated).
Official publication of the NI 43-101 compliant technical report, including
the resource estimate, as prepared by PAH along with their attendant press
release will follow shortly.
The scope of this resource estimate is limited to Zone 1 of the Million
Mountain Project which has been drilled by the Company over the past two
years. It is considered an interim estimate as assay results for
approximately 20 additional holes were not received in time for inclusion
in this resource model. An updated NI 43-101 compliant resource estimate
for Zone 1 along with resource estimates for additional drilling of Zone 1
and other zones currently being drilled will be prepared on an ongoing
basis as additional drilling results are compiled.
Zone 1, which is the original discovery zone on the Million Mountain
Project, has been drilled to a depth of approximately 200 meters below
surface. Since the initial discovery, the Company's geologic team has
discovered seven additional highly prospective zones, all of which exhibit
strongly anomalous gold values at surface and which bear geologic
characteristics similar to Zone 1. The areal extent of mineralization of
Zone 1 comprises less than five percent of the aggregate area of all
identified zones targeted for core drilling. The trend defined by zones 1
- 8 is approximately 8 kilometres in length.
According to Irwin Olian, CEO of the Company, "We are extremely encouraged
by the resource identified to date contained in Zone 1. The seven
additional zones identified by our field efforts over the past two years
provide in aggregate more than 20 times the mineralized target area
contained in Zone 1. Together these 8 zones present a real opportunity for
a large regional complex. Accordingly, we are aggressively expanding our
drilling program to test the additional zones and to continue expansion of
Zone 1."
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.