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Sacre-Coeur Readies For Test Mining Rich Alluvial Zone At Million Mountain; Preliminary Testing Suggests Significant Gravity Recoverable Gold; Mining License Granted
Monday, June 29, 2009 10:16 AM


SACRE-COEUR MINERALS, LTD. (the "Company") today announced that in addition to its ongoing exploration for hard rock mineral resources on its Million Mountain Project and other property holdings in Guyana, it has begun assessing alluvial gold potential on its properties as well. To date the Company's exploration team has identified nine zones on the Puruni River Paleo-channel which it believes are highly prospective. A systematic program of test pitting and gravity beneficiation of the samples collected has recently been completed for Alluvial Zone 2. A total of 83 test pits were excavated, spaced nominally 100m apart along grid lines located approximately 160m apart. A compilation of the results demonstrates a gold bearing alluvial sand and gravel resource target measuring approximately 1.66 km by 0.80 km.

The measured thickness of the sampled auriferous sand and gravel zone ranges from 0.8 meters to greater than 5.0 meters, with an arithmetic mean of 2.5 meters thick. At these dimensions the resource target volume in the sampled zone is estimated to range from 2.5 to 4.0 million cubic meters of auriferous alluvial material with preliminary sampling suggesting a grade in the range of 2.0 to 9.0 grams Au/cubic meter. The mineralized horizon is overlain by sandy clay averaging 2 meters thick for an overall stripping ratio of 0.8 overburden : 1 alluvial zone.

The average gold particle count per 10 kilo sample recovered by gravity concentration was 71.2 particles less than 0.5mm in diameter, and 19.7 particles greater than 0.5 mm in the alluvial zone. A table of the test pit results is presented overleaf. While no site specific data is yet available for the fineness of the recovered gold from the sampling program on Alluvial Zone 2, alluvial gold produced from this immediate area has historically measured approximately 930 fine gold. The potential quantity and grade suggested by this sampling program are conceptual in nature. Insufficient work has been completed to qualify as a Mineral Resource. It is uncertain whether further exploration and test mining will confirm the results presented herein.

Test pits were excavated on a systematic grid through the overburden and the sand/gravel zone to underlying in situ material. A ten kilogram, vertical channel sample was then collected from the bottom of the zone to the top in each test pit. Each sample was then carefully panned to collect the gravity recoverable gold. The gold particles collected for the sample were then counted and characterized. The concentrates from all 10 kilo pit samples in a sample line were then combined and re-panned. Finally, the recovered gold concentrate from all sample lines was combined and weighed on a precision balance. The weight of the total recovered gold concentrate was 4.23 grams from the 830 kilos of total sample weight. The Company believes that this procedure produces a good preliminary simulation of potentially recoverable gold by simple gravity means.

In order to test the economic viability of recovering alluvial gold from Alluvial Zone 2 initially, and other zones subsequently, the Company is constructing a simple gravity processing plant designed to treat 1000 cubic meters per day. Test mining and processing is expected to begin this Summer, as soon as all imported equipment is received and assembled. Permitting for the project is complete. The Company has been issued a Mining License and full approval to commence production. If the system proves to be successful as expected, the Company's strategy will be to expand its alluvial production program, and pursue it concurrently with its on-going hard-rock mineral exploration program. The alluvial program will require little infrastructure development, as all infrastructure will be shared with the exploration program which is ongoing on the Million Mountain block of properties.

Table of Test Pit Locations and Results - Million Mountain Alluvial Zone 2

                               

 

   

 

   

 

       

 

 

AU PARTICLE COUNT

 

 

 

 

RECOVERED BY

 

 

 

 

PANNING PER 10 KG

 

 

 

 

SAMPLE

 

 

 

 

< 0.5MM >0.5MMTOTAL PARTICLES AU

|MP-PT001 21N 242216 698560 0.8 8     6     14|
|MP-PT002 21N 242270 698542 1.5 73 68 141|
|MP-PT003 21N 242349 698526 0.9 17 25 42|
|MP-PT004 21N 242446 698529 2.0 205 20 225|
|MP-PT005 21N 242517 698517 2.3 56 10 66|
|MP-PT006 21N 242610 698519 2.3 55 114 169|
|MP-PT007 21N 242716 698543 2.6 37 0 37|
|MP-PT008 21N 241726 698554 1.1 130 17 147|
|MP-PT009 21N 241790 698563 1.3 60 37 97|
|MP-PT010 21N 241862 698550 1.5 5 8 13|
|MP-PT011 21N 241902 698516 1.9 30 13 43|
|MP-PT012 21N 241974 698524 2.3 45 15 60|
|MP-PT013 21N 242064 698523 1.1 6 5 11|
|MP-PT014 21N 242185 698557 1.1 59 7 66|
|MP-PT015 21N 242813 698568 2.3 19 45 64|
|MP-PT016 21N 241005 698742 0.8 280 0 280|
|MP-PT017 21N 241053 698775 2.9 90 14 104|
|MP-PT018 21N 241122 698774 1.3 5 0 5|
|MP-PT019 21N 241204 698777 3.5 22 14 36|
|MP-PT020 21N 241283 698721 2.0 27 0 27|
|MP-PT021 21N 241475 698612 3.4 23 0 23|
|MP-PT022 21N 241517 698595 5.8 46 12 58|
|MP-PT023 21N 241586 698574 3.6 9 2 11|
|MP-PT024 21N 242540 698425 3.1 76 48 124|
|MP-PT025 21N 242461 698435 2.9 25 1 26|
|MP-PT026 21N 242358 698431 3.1 45 60 105|
|MP-PT027 21N 242285 698439 1.5 55 17 72|
|MP-PT028 21N 242216 698443 3.8 52 20 72|
|MP-PT029 21N 242177 698431 2.3 146 60 206|
|MP-PT030 21N 242081 698411 2.9 90 3 93|
|MP-PT031 21N 242026 698409 2.3 121 25 146|
|MP-PT032 21N 240900 698408 3.5 160 23 183|
|MP-PT033 21N 240739 698411 3.4 215 75 290|
|MP-PT034 21N 240673 698395 3.8 92 26 118|
|MP-PT035 21N 241944 698400 2.3 20 1 21|
|MP-PT036 21N 241827 698420 1.5 88 20 108|
|MP-PT037 21N 241699 698418 2.1 405 120 525|
|MP-PT038 21N 241669 698407 3.1 26 5 31|
|MP-PT039 21N 241589 698408 2.0 160 70 230|
|MP-PT040 21N 241481 698397 2.6 72 5 77|
|MP-PT041 21N 241386 698396 2.2 65 10 75|
|MP-PT042 21N 241276 698383 3.6 60 83 143|
|MP-PT043 21N 241112 698383 3.9 99 0 99|
|MP-PT044 21N 241006 698392 3.7 104 20 124|
|MP-PT045 21N 240888 698412 1.8 147 0 147|
|MP-PT046 21N 240802 698421 3.9 82 0 82|
|MP-PT047 21N 240598 698236 3.6 31 0 31|
|MP-PT048 21N 241916 697992 2.6 94 11 105|
|MP-PT049 21N 241815 698005 2.3 60 47 107|
|MP-PT050 21N 241706 698007 0.8 5 0 5|
|MP-PT051 21N 241588 697998 0.8 81 0 81|
|MP-PT052 21N 241492 698003 0.8 16 0 16|
|MP-PT053 21N 241412 697987 3.9 224 30 254|
|MP-PT054 21N 241204 697960 0.6 9 2 11|
|MP-PT055 21N 241073 697954 0.9 141 0 141|
|MP-PT056 21N 240948 697965 2.4 3 2 5|
|MP-PT057 21N 240878 697969 5.0 94 46 140|
|MP-PT058 21N 240756 697984 2.8 32 6 38|
|MP-PT059 21N 240644 698012 1.8 35 0 35|
|MP-PT060 21N 240607 698105 1.3 43 0 43|
|MP-PT061 21N 240532 698194 2.1 18 0 18|
|MP-PT062 21N 240648 698186 4.5 46 7 53|
|MP-PT063 21N 240752 698159 2.8 79 25 104|
|MP-PT064 21N 240869 698144 3.0 86 16 102|
|MP-PT065 21N 240934 698147 1.8 16 2 18|
|MP-PT066 21N 241065 698176 3.1 34 20 54|
|MP-PT067 21N 241169 698206 3.1 53 5 58|
|MP-PT068 21N 241304 698204 2.5 82 35 117|
|MP-PT069 21N 241417 698198 2.1 10 0 10|
|MP-PT070 21N 241513 698204 1.5 40 55 95|
|MP-PT071 21N 241615 698195 2.8 190 37 227|
|MP-PT072 21N 241706 698174 2.8 22 0 22|
|MP-PT073 21N 241800 698199 1.2 68 28 96|
|MP-PT074 21N 241886 698172 0.9 100 56 156|
|MP-PT075 21N 240213 697763 1.3 148 23 171|
|MP-PT076 21N 240495 697774 3.6 21 0 21|
|MP-PT077 21N 240617 697788 4.1 79 25 104|
|MP-PT078 21N 240738 697805 4.8 6 0 6|
|MP-PT079 21N 240939 697796 1.0 82 0 82|
|MP-PT080 21N 241039 697815 2.7 61 0 61|
|MP-PT081 21N 241133 697812 4.6 21 15 36|
|MP-PT082 21N 241234 697825 3.6 42 2 44|
|MP-PT083 21N 241319 697835 2.0 29 12 41|
     

| ARITHMETIC MEAN

      2.5   71.2     19.7     90.89|
 

According to Irwin Olian, CEO of the Company, "We are excited by the prospects for test mining the rich alluvial targets which have been discovered at Million Mountain. The extensive surface area covered by these targets, together with the recovered sample grades seen in testing to date, indicate the potential for generating substantial cash flow from these operations, creating shareholder value and moving the company toward financial independence if further exploration and test mining confirm these preliminary results. At the same time, we remain focused on continuing our exploration program for hard-rock potential along the 10 km trend at Million Mountain in order to add to our resource base already established at Zone 1."

Guyana has long been a prolific alluvial gold producer. Until now, most of this production has come from artisanal miners employing no formal exploration and only crude gravity recovery processes. According to Mr. Tony Shields, Executive Director of the Guyana Gold and Diamond Miners Association, the Guyana Gold Board has recorded official production of 78,000 tr oz of gold for the period January through April, 2009 [as reported by Stabroek News, June 7, 2009 issue]. This entire quantity was produced by small scale alluvial operations, most of which produce at the rate of just a few hundred cubic meters per day, and enjoy gold recoveries of less than 50% of contained gold. The Company seeks to emulate this successful model by employing standard exploration practices and well proven process technology to exploit the alluvial potential on its property holdings concurrently with its ongoing hard-rock exploration program.

Technical Staff

The Company's exploration program is overseen by Gregory B. Sparks, P. Eng., Senior Vice President Mining and Exploration for the Company. The alluvial program is directed by Mr. Salim Silah assisted by Luis Gana, Wilmar Ladia and Bjorn Jeune, all Senior Project Geologists. Mr. Ardito Martohardjono, a Director of the Company and laboratory specialist, provides assistance establishing lab protocols and sample handling and assay quality control.

About Sacre-Coeur

The Company is engaged in the acquisition, exploration and development of properties for the potential mining of gold, metals and diamonds in South America, initially focussing on exploration for gold on its properties in Guyana. The Company presently has an interest in approximately 1000 sq. km of mineral properties in Guyana, including the Million Mountain Property. The Company has offices in Vancouver, Canada and Georgetown, Guyana. More information about the Company is available at .

ON BEHALF OF THE BOARD OF DIRECTORS OF
SACRE-COEUR MINERALS, LTD.

"Gregory B. Sparks"
Gregory B. Sparks, P. Eng.
Sr VP Mining & Exploration

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of the information contained herein. The statements made in this press release may contain certain forward-looking statements that involve a number of risks and uncertainties. Actual events or results may differ from the Company's expectations. There is no guarantee that the tenor or continuity of the resource target discussed herein will ultimately prove to be as delineated in the Company's sampling program, nor that the yields obtained by production scale gravity extraction will be comparable to the yields produced in the sampling program.

Sacre-Coeur Minerals, Ltd.
Irwin Olian, President and CEO, 604-899-0100
Fax: 604-899-0200
tigertail@scminerals.com
or
Scott Young, Corporate Communications, 604-899-0100
Cellular: 705-888-2756
Fax: 604-899-0200
scott@scminerals.com

(Source: Business Wire )


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