Manson Creek Resources Ltd.
TSX VENTURE : MCK

Manson Creek Resources Ltd.

November 09, 2011 09:00 ET

Manson Creek Confirms Mineralization of Roswell Gossan On Tell Property

CALGARY, ALBERTA--(Marketwire - Nov. 9, 2011) - Manson Creek Resources Ltd. ('Manson Creek') (TSX VENTURE:MCK) is pleased to announce geochemical results confirming the mineralized nature of the recently discovered Roswell natural spring gossan on the Company's 100% owned Tell property. Manson Creek has outlined a strongly mineralized area 600 meters by 450 meters that is open in all directions. Seven well developed natural spring gossans delineate this zone located immediately south of ATAC Resources Ltd. Rau claim block in the Yukon.

Manson Creek believes the seven Tell property gossans to be of extreme significance due to the number of successful drill discoveries made on similar gossans in the region. ATAC Resources Ltd.'s Ocelot discovery was made by targeting an undrilled natural spring surface gossan that has associated strongly anomalous zinc and other pathfinder element sample results. Like the Ocelot zone, the seven Tell property gossans are located near regional carbonate units within structurally complex geology in, and proximal to, the Rackla gold belt. The seven Tell property gossans have never been drill tested and each bears similarities to the Ocelot occurrence.

Table 1. Gossan Sample Results

Location Number of Samples and Type Zinc ppm Nickel ppm Arsenic ppm Silver g/t
Roswell 2 Soil Samples 5,795 – 7,149 >1,000 966 - 1,114 <0.1 - 0.1
Crystal Springs* 6 Soil Samples 6,005 to 23,500 245 to >1,000 4.0 to 110 <0.1 to 0.8
Ash Springs** 3 Soil/Silt Samples 10,800 to 24,500 425 to >1,000 114 to 358 -
Ash Springs** 3 Rock Samples 19,700 to 27,500 1,056 to 1,591 10 to 25 0.6 to 1.0
Area 51* 4 Soil/Silt Samples 4,738 to 8,565 164 to >1,000 1,149 to 1,816 <0.1 to 0.2
Majestic** 7 Soil Samples 12,500 to 17,700 808 to >1,000 18 to 33 0.1 to 0.2
Corona** 1 Soil Sample 15,600 973 31 0.1
Tell Zone** (Historical sampling) 4 Soil/Silt Samples 20,020 to 49,600 1,545 to 2,560 16 to 103 <0.2 to 0.2
Tell Zone* 8 Rock Samples
(Ferricrete)
15,700 to 24,900 401 to 604 8 to 30 <0.2 to 0.4

*Additional late season sampling, **Previously released results

Analysis of all the samples from the seven gossan zones to date emphasizes the highly mineralized nature of these zones (Table 1). The Roswell discovery compares favourably with the six other gossan / ferricrete zones on the Tell property. Additional sampling was also completed on the Area 51, Crystal Springs and Tell gossans at the time of the Roswell discovery.

Tell Project Background

The Tell property hosts seven mineralized natural spring gossans with Manson Creek geologists discovering six new, well developed active and previously active natural spring gossans; Crystal Springs, Ash Springs, Area 51, Roswell, Majestic and Corona in 2011. The new discoveries extend over an area of 600 meters roughly east-west, from the large Tell Zone and 450 meters north-south. Many of the gossans contain numerous active and previously active spring vents.

Soil and rock samples collected from the Tell Zone, Crystal Springs, Ash Springs, Area 51, Roswell, Majestic and Corona zones have returned highly anomalous zinc, arsenic and numerous other gold pathfinder element values. Property-wide stream sampling has outlined two additional, regional geochemical anomalies, Area 13 and Area 15 located 2 kilometers and 4 kilometers respectively from the Tell gossan.

The gossan zones are the result of fluid movement through a relatively shallow polymetallic zone with the resultant strongly mineralized fluids reaching the surface. The complex structural history of the region has likely produced a series of normal and other faults which have provided the plumbing system for the fluids as well as likely elevating the mineralized zone closer to the modern day surface.

Samples were forwarded to the Stewart Group Lab in Whitehorse, Yukon for analysis. All of the soil and rock samples were analyzed using inductively coupled plasma (ICP) together with mass spectrometry (MS) finish. Gold was analyzed by a fire assay preparation with an atomic absorption spectroscopy finish.

The President of Manson Creek Resources Ltd., Regan Chernish P.Geol., is the Qualified Person responsible for the preparation of this news release.

Regan Chernish, P. Geol., President and Director

The TSX Venture Exchange has neither approved nor disapproved of the contents of this press release.

Except for the historical and present factual information contained herein, the matters set forth in this news release, including words such as "expects", "projects", "plans", "anticipates" and similar expressions, are forward-looking information that represents management of Manson Creek's internal projections, expectations or beliefs concerning, among other things, future operating results and various components thereof or the economic performance of Manson Creek. The projections, estimates and beliefs contained in such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause Manson Creek's actual performance and financial results in future periods to differ materially from any projections of future performance or results expressed or implied by such forward-looking statements. These risks and uncertainties include, among other things, those described in Manson Creek's filings with the Canadian securities authorities. Accordingly, holders of Manson Creek shares and potential investors are cautioned that events or circumstances could cause results to differ materially from those predicted. Manson Creek disclaims any responsibility to update these forward-looking statements.

Contact Information