07:16:06 EDT Thu 28 Mar 2024
Enter Symbol
or Name
USA
CA



Mineral Mountain Resources Ltd (2)
Symbol MMV
Shares Issued 68,121,536
Close 2018-08-16 C$ 0.18
Market Cap C$ 12,261,876
Recent Sedar Documents

Mineral Mtn outlines details of ST18-007 at Rochford

2018-08-16 08:32 ET - News Release

Mr. Nelson Baker reports

MINERAL MOUNTAIN TAKES AGGRESSIVE STEP OUT TO TEST STEEPLY PLUNGING HIGH GRADE SHOOT 225 METRES DOWN PLUNGE OF HOLE ST18-006

Mineral Mountain Resources Ltd. and its subsidiary Mineral Mountain Resources (SD) Inc.'s drill hole ST18-007 is anticipated to pierce the steeply plunging high-grade shoot, a mineralized iron formation shear zone, at about 225 metres down plunge from ST18-006 previously reported in a news release dated Aug. 9, 2018. As reported previously, borehole ST18-007 was stopped at a depth of 300 metres and subsequently geophysically probed by Discovery Geophysics. This probing confirmed that a strong electromagnetic response was estimated to be positioned about 100 metres "ahead of hole ST18-007." This EM response coincides with the down plunge projection of the East Limb shear that hosts the high-grade gold shoot intersected in historical drill hole BLG-UG3 (3.36 grams per tonne Au over 24 metres) and ST18-006 (2.12 g/t Au over 20 metres). The total depth of drill hole ST18-007 is expected to be 500 m (see target pierce point in longitudinal section, a cross-section and a 3-D isometric view of the EM conductor posted on the company's website.

Nelson Baker, president and chief executive officer for the company, commented: "We are particularly impressed with the consistent gold values recorded across the wide interval in ST18-006. There is no 'nugget effect' in this style of gold deposit."

Qualified persons

The technical information in this news release has been prepared in accordance with Canadian regulatory requirements set out in National Instrument 43-101 and reviewed and approved by Nelson W. Baker, PEng, the president and CEO of Mineral Mountain Resources and a qualified person for this project. All exploration activities at the Rochford project are carried out under the strict supervision of Kevin Leonard, PGeo, also a qualified person for this project.

About Mineral Mountain Resources Ltd. and the Rochford gold project

Mineral Mountain Resources, through its wholly owned subsidiary Mineral Mountain Resources (SD) Inc., is focused on the exploration of its 100-per-cent-owned Rochford gold project situated along the highly prospective Homestake gold belt in the Black Hills of South Dakota, United States. The Rochford project covers approximately 7,500 acres and straddles three major trends of structurally thickened auriferous iron formation that host ledge-type gold mineralization.

Since 2012, the company, through its wholly owned subsidiary Mineral Mountain Resource (SD) Inc., has spent over $9-million (U.S.) in gold exploration in the Black Hills of South Dakota, controls the largest land position in the Rochford greenstone belt, and now possesses by far the largest and most comprehensive database for the district in modern day exploration history. The Rochford project is vastly underexplored and has the potential to host district-scale gold discoveries.

We seek Safe Harbor.

© 2024 Canjex Publishing Ltd. All rights reserved.