TORONTO, March 19 /CNW/ - Mantis Mineral Corp ('Mantis'--CNQ 'MINE') is
extremely pleased to announce that it has secured Norquest Drilling Ltd. of
North Bay, Ontario to undertake a diamond drill program of Mantis' 100% owned
Orphan Gold Mine property to commence April 15th. A total of 3,000-meters of
diamond drilling are planned for this site to test the Orphan gold vein below
its known current depth of 250-feet. The northwest strike extension at this
depth and beyond the mine workings will also be tested. 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. Historical records indicate that minimal
mining was done in two very small stopes leaving behind substantial ore.
In addition, approximately 2,000-meters have been earmarked to test the
Foisey vein located 1,700-meters to the northwest. The Fosey vein is known to
have a minimum strike length of 1000-meters and has returned gold results up
to 0.62 opt. (press release January 7, 2008)
The Fosiey vein system and the Orphan Mine vein system occur in a
geological setting similar to Kodiak Exploration Ltd's Golden Mile, Hercules
project located 9.5-kilometers directly to the west where extremely high gold
values over extensive widths have been recently reported. To this end, Mantis
commissioned JVX Ltd. to undertake an induced polarization survey as well as a
ground magnetometer survey, for which the results are pending.
Both these surveys will assist with drill hole spotting of target
selections within the vein systems. The magnetometer survey will be used to
contribute to defining the all-important contact between the Kaby Lake stock
and the surrounding volcanic rocks. This contact zone is believed to be
significant as structural zones hosting gold bearing veins may be associated
with it. As at the Golden Mile, these structural zones may be associated with
magnetic highs relating to late gabbro bodies.
Commented Walter Hanych, Mantis' senior geologist, "In a very short
period of time, Mantis has confirmed the gold potential of the Foisey and
Orphan Mine vein systems. We feel very confident that this diamond drill
program will advance the property significantly."
About Mantis Mineral Corp.
Mantis Mineral Corp. is a dynamic new Canadian based resource company,
possessing a diversified portfolio of mineral properties across Canada,
including direct participation in three major area plays: Tamarack, Orphan and
Grass River. The company holds substantial land positions hosting gold,
nickel, copper and platinum group metals.
The CNQ has not reviewed and does not accept responsibility for the
adequacy of this release.
For further information:
For further information: Mr. Robin Ross, Chairman & CEO: (416) 362-1800,
email@example.com, or visit our corporate website at