Mantis Mineral Corp. intends to drill 4,000-meters at its Orphan Gold Mine and Foisey Gold Structure in 2010
TORONTO, Dec 9, 2009, / CNW / - Mantis Mineral Corp. (“Mantis” – CNSX “MYN”)is pleased to announce that as part of its on-going exploration and development of the Foisey Gold Structure and the Orphan Gold Mine, 4,000 meters of drilling are planned for the new year, to be distributed between the two projects.
At the Orphan Mine, the drilling will effectively probe the Orphan Main Vein along a 250-meter strike and to 300-meter depths. This target area, based on historical mine development and overall average grade of 0.67 opt has the potential to host 200,000 ounces of gold to this depth. The vein is open at depth, and future drilling will probe beyond the 300-meter depth.
In 2008, Mantis 1,312-meter drill program yielded the following grades.
Drill Hole / From / To / Length meters / Gold gptOMV08-1 / 174.86 / 175.64 / 0.78 / 7.35
OMV08-1 / 212.35 / 212.53 / 0.18 / 51.7
OMV08-2 / 127.30 / 127.66 / 0.36 / 38.5
OMV08-2 / 141.50 / 142.50 / 1.00 / 1.02
OMV08-3 / 125.51 / 127.48 / 0.97 / 0.22
OMV08-4 / 121.61 / 122.63 / 1.02 / 17.45
OMV08-5 / 49.62 / 50.10 / 0.48 / 9.15
OMV08-8 / 57.45 / 58.32 / 0.87 / 0.49
Note: gpt is grams per tonne
The Orphan Main Vein was mined briefly in the 1930’s and initially produced 3,525-tons of ore grading 0.689 ounces per ton gold (23.62 gpt). Historical records indicate that minimal mining was done in two very small stopes leaving behind substantial ore. The Main vein’s extent now encompasses a target area along a 225-meter strike length from surface down to the 350-meter depths.
Foisey Gold System
At the Foisey Gold Structure, where recent channel cuts and grab samples from trenching identified significant zones yielding gold values greater than 3.0 gpt with assays as high as 28.79 gpt, Mantis is planning to further explore the structure where it splits in two and to depths in excess of 200-meters.
In 2008, Mantis’ drill program tested 600-meters of strike to depths between 50-100-meters and identifiedthree zones in this structure.An upper zone defined by a fault structure and quartz veining, 42-meters in drill width, containing variably anomalous gold values up to 3.20 grams per tonne, a middle zone of variably altered and quartz veined quartz-diorite averaging 32-meters in drill width, containing 1-3% disseminated pyrite with anomalous values up to 0.298 gpt, and a lower zone of intense silicification and massive grey quartz flooding.
Commented Robin Ross, CEO: “We are eager to continue with our programs on these two high impact gold properties. The Orphan vein has demonstrated that its dimensions have the potential to host a substantial gold resource, while the Foisey system (with wide mineralized widths) and given that very little of this structure has been explored, may ultimately host a major gold zone.”
This news release has been viewed and approved by Walter Hanych, senior geologist and project manager, who is responsible for program design and quality control of exploration undertaken by the Company.
About Mantis Mineral Corp.
Mantis Mineral Corp. is a Canadian based resource and exploration company traded publicly under the symbol MYN on the CNSX. Mantis is focused on creating shareholder value through the exploration and development of its suite of strategically located, high-impact Canadian exploration projects.
The CNSX has not reviewed and does not accept responsibility for the adequacy of this release.
For further information: Mr. Robin Ross, Chairman & CEO: (416) 362-1800, ,or visit our corporate website at