Mantis mobilizes at Orphan Gold Mine property adjacent to Kodiak discovery
TORONTO, Oct. 30 /CNW/ - Mantis Mineral Corp ('Mantis'--CNQ 'MINE') is
pleased to announce mobilization of line cutting crews to our Orphan ('Dik
Dik) Gold Mine Property. The focus will be the former Orphan mine site as well
as the newly discovered Foisey Occurrence ('Foisey') reported July 16, 2007.
Foisey with a strike length of 750-meters of mineralization on surface
reported historic grab samples of vein material from this occurrence assaying
up to 0.62 ounces gold per ton (21.3 grams per tonne), while channel samples
ranged from 0.61 to 2.04 grams per tonne over widths of 3.0 to 5.8-meters. The
system strikes at azimuth 135 to 160-degrees, similar to the "main vein" of
the Orphan Mine, located 2,200-meters to the southeast. The system remains
open at both ends. With our recent discovery of Foisey to the northwest within
our claim fabric, a 2200-meter corridor potentially linking the two systems
remains to be explored.
Following the completion of the grid, an I.P. ground survey will be
conducted. Both process are expected to be completed in the coming weeks and
Mantis is planning a 6,000-meter diamond drill program to begin prior to
year-end.
Robin Ross commented "We are extremely pleased to be mobilizing for the
initial ground work that will lead to an important drill program to test our
targets. We believe that Orphan - a past producing property, and situated
adjacent to Kodiak's recent discovery, has company making potential. This is
the first step in unlocking that potential."
As reported June 20, 2006, during its operating period between 1934 to
1935 a total of 2,460 ounces of gold and 1,558 ounces of silver were extracted
from 3,525 tons of ore mined, resulting in grade averages of 0.70 ounces per
ton gold and 0.44 ounces per ton silver.
Geologically, the former Orphan Gold Mine is situated in the
Onaman-Tashota greenstone belt of the Wabigooon subprovince of the Archean
superior province. Traditionally this belt was referred to as the
Beardmore-Geraldton greenstone belt/gold camp.
Gold production from this belt has exceeded 4.1-million ounces from
19-mines. The Orphan Gold Mine also known as the Dik Dik Mine is included as
one of the past producers of this belt. Mining operations were suspended due
to the economics of the time. The mine was developed on two levels, the
150-level and 250-level, which were accessed by a 262-foot (80-meter) deep
shaft. Lateral workings of cross-cuts and drifts totalled 663-feet
(202-meters).
About Mantis Mineral Corp.
Mantis Mineral Corp. is a Canadian based resource and exploration company
traded publicly under the symbol MINE on the CNQ. Mantis is focused on
creating shareholder value through the exploration and development of its
suite of strategically located, high-impact Canadian exploration projects.
The CNQ has not reviewed and does not accept responsibility for the
adequacy of this release.
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For further information: Mr. Robin Ross, Chairman & CEO: (416) 362-1800,
, Or visit our corporate website at