Manson Creek Resources Ltd.

Manson Creek Resources Ltd.

October 17, 2006 13:46 ET

Manson Creek Resources Ltd.: Palomino Porphyry Project Drilling Completed

CALGARY, ALBERTA--(CCNMatthews - Oct. 17, 2006) - Manson Creek Resources Ltd. (TSX VENTURE:MCK) ('Manson Creek') is pleased to announce that it has completed the 2006 diamond drill program on the Palomino Copper-Gold porphyry property, located near Houston, British Columbia.

The drilling at the Palomino project successfully tested the strong magnetic anomaly and flanking chargeability anomaly identified by geophysical surveys completed earlier this year.

The single BQ (36.5mm) drill hole totaled 254.20 meters in length and was collared at a 50 degrees angle. Previously undocumented feldspar - quartz porphyry dyke was encountered in the hole. This 14.33 meter porphyry intersection is hosted within a moderately to strongly propylitic altered andesite volcanic assemblage. The propylitic alteration observed is interpreted to be related to hydrothermal alteration associated with a porphyry copper system. Manson Creek is encouraged by the 2006 drilling which has located a new porphyry occurrence and demonstrated that strong hydrothermal alteration is present on the property.

Once the core splitting is complete, the samples will be sent to Eco-Tech Laboratories in Kamloops, British Columbia for assay work. The results are expected in five to six weeks after the samples have been received by the lab and future exploration plans will be prepared once the results are analyzed.

About the Palomino Property

The 2,174 hectare Palomino property is located 25 kilometers east of Houston, British Columbia and located in the Omineca mining district in North West British Columbia. The prospect is road accessible and located near favourable infrastructure.

Samples collected from the property have confirmed historical sampling results with gold values ranging from 9.95 to 42.0 g/t and copper values to 0.23%.

The property contains a large overburden covered magnetic anomaly and flanking chargeability anomaly which, until the current program, had never been directly tested. The outcrop in the immediate area of the anomaly is a dark green to gray feldspar pheric andesite which is highly magnetic and display variable epidote - calcite - feldspar alteration.

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"

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 future 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.

No Canadian Stock Exchange has approved nor disapproved of the information contained herein.

Contact Information

  • Manson Creek Resources Ltd.
    Regan Chernish
    President and Director
    (403) 233-0464