Manson Creek Resources Ltd.
TSX VENTURE : MCK

Manson Creek Resources Ltd.

June 20, 2008 17:51 ET

Manson Creek Resources Ltd.: Exploration and Corporate Update

CALGARY, ALBERTA--(Marketwire - June 20, 2008) -

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Manson Creek Resources Ltd. ('Manson Creek') (TSX VENTURE:MCK) is pleased to provide an update for the exploration programs underway on two of its properties located in British Columbia and the Yukon.

Diamond drilling is ongoing on the Meridian project which hosts 5 past producing underground gold - silver mines on the 675 hectare claim block. This prolific historic mining camp is located 45 kilometers southeast of Revelstoke, British Columbia. The drill program, targeting extensions of mineralization along and below workings of the Eva Mine, has successfully intersected structures and associated quartz veins of the type mined historically. Four diamond drill holes have been completed and drilling is expected to continue to the end of June. Samples from the four completed holes are currently at the assay laboratory.

Field work is continuing on the 732 hectare Molygarchy molybdenum project, located just 40 kilometers from Whitehorse, Yukon. The open ended mineralized trend is being examined by detailed magnetic and Induced Polarization (IP) geophysical surveys. Detailed geological mapping, prospecting and geochemical surveys will begin in the coming days to follow up on the outlined prospective zones.

Corporate Update

Manson Creek has cancelled the previously announced increased portion of the private placement. This is due in part to sensitive market conditions and impending results of current field work. Manson Creek is fully funded to complete the current and planned field programs in 2008.

The Qualified Person responsible for the design and implementation of the Field Program as well as the preparation of this news release was the President of the Company, Regan Chernish, P.Geol.

Regan Chernish, P. Geol., President and Director

All statements, other than statements of historical fact, in this news release are forward-looking statements that involve various risks and uncertainties, including, without limitation, statements regarding the potential extent of mineralization and reserves, exploration results and plans and objectives of Manson Creek Resources Ltd. These risks and uncertainties include, but are not restricted to, the amount of geological data available, the uncertain reliability of drilling results and geophysical and geological data and the interpretation thereof and the need for adequate financing for future exploration and development efforts. There can be no assurance that such statements will prove to be accurate. Actual results and future events could differ materially from those anticipated in such statements. These and all subsequent written and oral forward-looking statements are based on the estimates and opinions of management on the dates they are made and are expressly qualified in their entirety by this notice. The Company assumes no obligation to update forward-looking statements should circumstances or management's estimates or opinions change.

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

Contact Information

  • Manson Creek Resources Ltd.
    Regan Chernish, P. Geol.
    President and Director
    (403) 233-0464
    (403) 266-2606 (FAX)
    Website: www.manson.ca