Merc International Minerals Inc.

Merc International Minerals Inc.

March 04, 2010 08:30 ET

Merc Completes Geophysical Program at Damoti Lake-Begins Mobilization for Winter Drill Program

TORONTO, ONTARIO--(Marketwire - March 4, 2010) - Merc International Minerals Inc. ("Merc") (TSX VENTURE:MRK) has now completed the previously reported (see January 26, 2010 news release) ground geophysical program at its Damoti Lake Gold Project. The program was carried out between January and early March 2010, and consisted of detailed ground magnetic, electromagnetic, and localized induced polarization surveys. Initial orientation surveys focused on gold mineralized zones previously drilled by Merc in order to determine their physical responses and characteristics and create a geophysical "footprint" of known mineralized areas. Subsequent work was then broadened to trace mineralization along strike and down plunge within the host structures and identify potential drill targets with similar geophysical "footprints" throughout the property's 14 kilometre strike length of gold mineralized iron formation.

Mobilization for Merc's Damoti Lake 2010 Winter Drill Program is underway and Merc anticipates drilling to begin in late March 2010. This drill program (10,000 – 12,000 meters) will focus on the BIF Island, Horseshoe, and Red Mountain Zones, as well as other drill targets identified by the geophysical program. 

Merc's first drill program was completed in early November 2009 and included 27 drill holes (5,600 metres) of which 96% intersected gold mineralization. (For further results please visit Merc's website:

"Results from our recently completed geophysical program have been instrumental in helping us better identify new drill targets and to follow known mineralization along strike," stated Dr. Michael Byron, President & CEO of Merc. "We are very excited about Merc's second drill program and the untested potential the property presents."

Merc will be displaying core samples from its Damoti Lake 2009 Summer Drill Program at the 2010 Prospectors and Developers Association of Canada's (PDAC) Trade Show in Toronto, Ontario. The core may be viewed on Sunday, March 7 and Monday, March 8, 2010 at the PDAC Core Shack, Booth #5004, Level 700, Metro Toronto Convention Center, South Building.

This news release may contain forward-looking statements based on assumptions and judgments of management regarding future events or results. Such statements are subject to a variety of risks and uncertainties which could cause actual events or results to differ materially from those reflected in the forward-looking statements. Merc disclaims any intention or obligation to revise or update such statements.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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