Monster Mining Reports 2.0 m of 2953 g/t Ag in Trench Sample from Keno-Lightning, Yukon
Oct 05, 2011
OTC Disclosure News Service
Vancouver, BC, Canada –
Monster Mining Reports 2.0 m of 2953 g/t Ag in Trench Sample
from Keno-Lightning, Yukon
Vancouver, British Columbia… Monster Mining Corp. (the “Company” or “Monster Mining”) is pleased to announce further results from trench and soil geochemical sampling conducted at the Caribou Hill and Homestake prospects, two of eight identified mineral occurrences located on its flagship Keno-Lightning property (“the Property”). Chip samples from trench CH08-01 at Caribou Hill, which was excavated in 2008 but never sampled, returned 2.0 m of 2953 g/t Ag, 1.01 g/t Au and 8.11 % Pb from an oxidized, gossanous breccia zone exposed within the trench. Previous results from this trench, reported in the news release of September 8th, returned best results of 3.3 m of 1.38 g/t Au, 2332 g/t Ag, 8.5 % Pb and 1.1 % Zn, 0.3 m of 1855 g/t Ag, 41.5 % Pb and 530 ppm Zn, 0.4 m of 0.62 ppm Au, 1026 g/t Ag, 2.75 % Pb and 6417 ppm Zn, and 0.7 m of 0.57 ppm Au, 982 g/t Ag, 9.33 % Pb and 1.35 % Zn. Initial results from the Homestake trenching and sampling program returned 0.7 m of 1155 g/t Ag, 0.30 g/t Au, 6.27 % Pb and 10.09 % Zn and 0.35 m of 761.4 g/t Ag, 5.72 % Pb and 1.50 % Zn from oxidized and gossanous material exposed in Trench Tr04. Further results are pending.
The Company has also received the results of a 37-sample soil geochemical program conducted at Faith Gulch and designed to extend a 700 m by 800 m zone of coincident Au-As anomalism1 identified by a survey conducted in July 2011. The new results expand the area of coincident Au-As anomalism by over 200 m to the south, and returned grades up to 10.1 ppm Ag over an area interpreted to cover the intersection of the Caribou vein, Caribou fault and two un-named north-east trending longitudinal veins. Intersections of veins and cross faults historically have been provided the highest grades and most tonnage in the Keno Hill district2, and the results of this program advance the Faith Gulch prospect as a drill target for 2012. Anomalism remains open to the south and east. The Caribou Hill and Homestake targets are currently being tested by Monster Mining’s 2011 diamond drilling program.
Monster Mining’s Keno-Lightning property is located in the historic Keno Hill district, which produced over 200 million ounces of silver between 1913 and 19892. The project, which comprises 329 claims covering 6,650 hectares, represents 35 % of the district.
Joanna Ettlinger, PhD, AusIMM(CP) is the Qualified Person under National Instrument 43-101 who has reviewed and approved the technical information contained in this news release.
1 Monster Mining Corp. News Release, September 8th, 2011
2 Cathro, R.J. 2006, Great Mining Camps of Canada 1.The History and Geology of the Keno Hill Silver Camp, Yukon Territory, Geoscience Canada, v. 33, p. 103-134
ON BEHALF OF THE BOARD
Signed “Robert Eadie”
President, Chief Executive Officer and Director
FOR FURTHER INFORMATION PLEASE CONTACT:
Contact: Robert Eadie
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