SOURCE: Sacre-Coeur Minerals, Ltd.

August 22, 2006 08:00 ET

Progress Continues Toward Major Surface-Minable Resource at Million Mountain -- Latest Drilling Yields 79.5 Meters @ 1.20 G/T Au

VANCOUVER, BC -- (MARKET WIRE) -- August 22, 2006 -- SACRE-COEUR MINERALS, LTD. (TSX-V: SCM) (the "Company") today announced that it has received assays from Loring Laboratories Inc. of Georgetown Guyana for twelve additional drill holes at its Million Mountain Project located on the Puruni River in Guyana. With the results of these holes reported below, the Company is developing a clearer picture of the operative geologic model and has substantially advanced toward its goal of developing a robust surface-minable resource.

As reported in previous releases, drilling and trenching have defined a West-northwest trending shear structure as well as stock-work veining to the West of the shear. Initial drill holes reported intercepts in the shear structure of 19.20 meters @ 13.1 g/t Au in hole MM01-05 and 37.55 meters @ 8.52 g/t Au in hole MM02-05 (reported in Press Release dated March 21, 2006). Subsequent drilling has defined the zone intercepted in drill holes MM01-05 and MM02-05 as a high-grade shoot within the shear structure. Within the mineralized shear and in the stock-work to the West of the shear, the ongoing program is delineating a thick and essentially continuous, near-surface zone of gold mineralization at grades in the range of many major open pit gold mines operating in the world today.

TABLE OF SELECTED DRILL RESULTS
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Drill Hole    From (m)       To (m)      Interval (m)    Assay (g/t Au)
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MM13-06         56.5         140.4          83.9              0.83
MM17-06         89.5         159.9          70.4              1.13
MM18-06        122.5         194.5          79.5              1.20
MM19-06         83.8         161.2          77.4              1.02
MM20-06        117.8         210.5          92.7              0.82
MM1896-06        1.2          99.5          98.3              0.57
MM1996-06        0.9          50.0          49.1              0.85
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Note:  No reported intervals contain significant high-grade
sub-intervals, i.e., mineralization in reported intervals is virtually
continuous and relatively homogenous in grade.


DRILL HOLE SURVEY DATA
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Drill Hole UTM Grid No.  East       North    Collar   Azimuth   Inclination
                         (m)         (m)    Elev.(m)  (true N)
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MM13-06       21N    240,989.00  697,157.54  78.45   202 degrees    -45 deg
MM17-06       21N    241,062.42  697,179.44  73.94   202 degrees    -45 deg
MM18-06       21N    241,062.42  697,179.44  73.94   202 degrees    -60 deg
MM19-06       21N    241,080.52  697,172.30  65.45   202 degrees    -45 deg
MM20-06       21N    241,080.52  697,172.30  65.45   202 degrees    -60 deg
MM1896-06     21N    241,228.00  697,027.00  55.45       N/A       vertical
MM1996-06     21N    241,197.00  697,027.00  56.55       N/A       vertical
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Holes MM13-05, MM17-06, 18-06, 19-06, and 20-06 were drilled along the West-northwest trending shear structure. Holes MM1896-06 and MM1996-06 were drilled into the stock-work system 300 meters to the East-southeast of previously reported trenching and drilling providing encouragement for a potentially continuous zone which remains open to the East-southeast. It is also important to note that these holes encountered continuous mineralization essentially from the surface to total depth, and that both holes ended in mineralized rock. All of the composite intervals reported in this release are made up of very uniform subinterval assays, i.e., contain few sub-grade intervals, and no intervals are carried by short zones of very high grade.

Drilling to date has also clearly defined the Million Mountain Break, a low angle discontinuity striking 252 degrees (True N) and dipping to the North at approximately 38 degrees. This feature seems to truncate gold mineralization at least to surface minable depths. Further surface geologic mapping and trenching suggest a possible shear couple with the zone presently being drilled located some 300 meters to the West. Based on this work, it is believed that the stock-work system persists at least to this possible shear couple to the West. Subsequent work will be focused on 1) developing resources on the shear(s) and intervening stock-work along trend to the East-southeast, and 2) locating similar features along the Million Mountain Break to the West which is prospective for at least one kilometer beyond the current area of focus.

Holes MM14-06, MM15-06, and MM16-06 contained no significant economic mineralization as they were drilled to the North of the Million Mountain Break, which has now been determined to be a bounding feature of this mineralized zone.

According to Irwin Olian, CEO of the Company, "Our trenching and drilling programs have now identified an area extending some 500 meters East-West and 400 meters North-South of potentially continuous gold-bearing mineralization near-surface. Work to date has not revealed any significant discontinuities. To the contrary, drill holes in the zone have been consistently yielding lengthy intersections of potentially economic grade gold mineralization. We are very happy to see continued progress towards realization of our vision of a major surface-minable resource at Million Mountain. The emerging model now suggests the presence of a potentially expansive zone of essentially continuous gold mineralization at grades expected to be economically attractive on a stand-alone basis, punctuated with occasional shoots of exceptionally high-grade mineralization such as that already encountered in the sheer zone. Work is continuing with a view toward delineating a resource as soon as practicable."

Assay Data

The Company uses results from Loring Laboratories -- Guyana, a subsidiary of Loring Laboratories, Ltd. of Calgary Alberta to help guide its ongoing drilling program because of expedient availability of data, but sends splits of all samples to ALS Chemex for check as Chemex is an ISO certified facility. The results presented herein are produced by Loring. These results are inclusive of the assay of the coarse metallic fraction composited with the assay for the -200 mesh pulp to produce a total contained gold assay.

Drilling

Drilling reported herein was completed utilizing the Company's new Atlas Copco CS 14 core drill operated by Company employees. All holes were continuously cored utilizing HQ equipment through the saprolite and then reduced to NQ for coring un-oxidized rock (typically highly altered granite breccia with pyrite and arsenopyrite). Core recovery in saprolite has remained in excess of 90%, and approaches 100% in un-oxidized rock.

The Company's exploration program is overseen by Gregory B. Sparks, P. Eng., Senior Vice President Mining and Exploration for the Company, along with Dr. Hendrikus Aarden, P. Geo, Chief Geologist -- Million Mountain Project, with assistance from Thomas Clarke, Geologist. Mr. Sparks and Dr. Aarden are all Qualified Persons under NI 43-101. Mr. Ardito Martohardjono, a Director of the Company and laboratory specialist, has provided assistance establishing lab protocols and sample handling and assay quality control.

About Sacre-Coeur

The Company is engaged in the acquisition, exploration and development of properties for the potential mining of gold, metals and diamonds in South America, initially focusing on exploration for gold on its properties in Guyana. The Company presently has an interest in approximately 850 square miles of mineral properties in Guyana, including the Million Mountain Property. The Company has offices in Vancouver, Canada and Georgetown, Guyana. More information about the Company is available at www.scminerals.com.

ON BEHALF OF THE BOARD OF DIRECTORS OF SACRE-COEUR MINERALS, LTD.

"Gregory B. Sparks"

Gregory B. Sparks, P. Eng.
Sr VP Mining & Exploration
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of the information contained herein. The statements made in this press release may contain certain forward-looking statements that involve a number of risks and uncertainties. Actual events or results may differ from the Company's expectations.

Contact Information

  • For further information, contact:

    Irwin Olian
    President and CEO
    Email: Email Contact
    Phone: 604-899-0100
    Fax: 604-899-0200

    Lee Dunston
    Corporate Communications - Canada
    Email: Email Contact
    Phone: 604-899-0100
    Fax: 604-899-0200

    Marlies Studer
    Corporate Communications - Europe
    Email: Email Contact
    Phone: +41-44-215-2803

    Sacre-Coeur Minerals, Ltd
    Suite 1925, Box 11553
    650 West Georgia Street
    Vancouver, BC
    V6B 4N8