MINERAL MOUNTAIN'S COOK ZONE EXPANDING TO DEPTH GH11-49 INTERSECTS BROAD INTERVAL OF 133.3 METRES GRADING 0.65 G/T Au INCLUDING 47.0 METRES GRADING 1.47 G/T Au

VANCOUVER, June 7, 2011 /CNW/ - Golden Harp Resources Inc. (GHR:TSXV) today announced that it has been advised by Mineral Mountain Resources Ltd. that it has announced additional results from the drill program on the Cook Zone.

Mineral Mountain Resources Ltd. issued a press release today - the verbatim text is included below:

Highlights:

  • Cook Zone displaying remarkable continuity and predictability geologically.
  • DDH GH11-49 represents the deepest intersection in the Cook Zone to date at -330m. 
  • Potential to define an economic gold resource is considered to be high.

Vancouver, British Columbia, June 7, 2011: Mineral Mountain Resources Ltd.  (MMV.TSX-V) ("Company") is pleased to report more positive gold assays have been received from the ongoing drill program targeting the Cook Zone on Block A.  Final assays have been received for drill hole GH11-49 that undercuts hole GH11-48 by 25 m on section 10125 E.  These results correlate well with earlier reported holes GH11-44 (6.9m grading 5.17 g/t Au) and GH11-45 (4.0m grading 8.38 g/t Au).  The Cook Zone is located in MacMurchy Township along a 4.5 Km extension of the Tyrrell Shear Zone, a regional scale structure. This mineralization exhibits remarkable continuity typical of Archean mesothermal gold deposits. This deposit model is a major source of gold production in Canada and globally.  In the Timmins gold district, the Hollinger (19 million ounces), the McIntyre (10 million ounces) and the Dome (15 million ounces) are world class mesothermal deposits.  All results are summarized in Table 1 below.

The Company has recently acquired a 60% interest in Block A and has a further right to earn an additional 10% by spending an additional $1,000,000 CDN by March, 2014.  The Company is assuming all obligations of an option that Benton Resources Corp.(BTC.TSX-V) had originally signed with Golden Harp Resources Inc. (GHR.TSX-V) (see news release of October 26, 2010 on the Company's website www.mineralmtn.com).

Cook  Zone

The Cook Zone is comprised of a pervasively brecciated and altered alkaline porphyry with associated sulphide bearing (pyrite dominant), strong quartz carbonate veining. The porphyry is hosted within silicified and carbonate altered mafic and ultramafic volcanic rocks. Drilling continues to intersect significant, wide gold mineralization. The higher grade mineralization of 7.12 g/t Au over 1.5 m represents the lower zone within the broad interval of 0.653 g/t Au over 133.3 m.  This lower higher grade mineralization has remarkable continuity and lies proximal to a northwest striking diabase dyke intersected in all holes drilled to date.

"Our modelling confirms that the Cook Zone is improving in width and grade to depth.  Going forward, drilling will continue to target the expansion of the higher grade lower zone.  All 14 holes reported to date by Mineral Mountain Resources demonstrate excellent continuity and grade." said Nelson Baker, President of Mineral Mountain Resources Ltd.

This release covers diamond drill hole GH11-49 (dip-60) drilled on the same section as previously release holes GH11-46 (dip -45), GH11-47 (dip -50) and GH11-48 (-55).

QA/QC Program

Mineral Mountain has implemented quality assurance/quality control (QA/QC) procedures for all of the Shining Tree Gold Project drill programs. Details of the QA/QC procedures are described in our first news release dated Jan 11, 2011 and can be found on the Mineral Mountain Resources Ltd website (www.mineralmountain.com).

The Shining Tree Project is managed by Joerg Kleinboeck, P.Geo., and is supervised by Wally Rayner, P.Geo., the Company's Vice President of Exploration who has verified the contents of this press release and is the Qualified Person for this project.

Table 1 Summary of Drill Results
Mineral Mountain Resources Cook Zone 2011

Hole # From (m) To (m) Length Au g/t
GH11-49 256.0 289.3 133.3 0.653
Including 256.0 257.0 1.0 1.540
Including 263.0 264.5 1.5 2.180
Including 312.2 314.0 1.8 1.060
Including 329.0 330.5 1.5 2.640
Including 335.0 382.0 47.0 1.467
Including 335.0 346.5 11.5 2.013
Including 364.0 376.0 12.0 2.161
Including 373.0 374.5 1.5 7.120

All intervals in Table 1 represent core lengths and not true widths

Statements contained in this news release that are not historical facts are forward-looking statements, which are subject to a number of known and unknown risks, uncertainness and other factors that may cause the actual results to differ materially from those anticipated in the forward looking statements. Although we believe that the expectations in the forward-looking statements are reasonable, actual results may vary, and future results, levels of activity, performance or achievements cannot be guaranteed.

The information contained in the press release is a verbatim extract of the press release issued by Mineral Mountain Resources Ltd. Although Golden Harp believes the information included in the press release to be generally reliable, the data has not been independently verified and Golden Harp does not assume any liability for the accuracy or completeness of such information.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

 

SOURCE Golden Harp Resources Inc.

For further information:

please visit www.goldenharpresources.com or contact:
Seamus Young, President and CEO      Tel: 604-688-4277

Profil de l'entreprise

Golden Harp Resources Inc.

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