MONTREAL, May 24, 2011 /CNW Telbec/ - (TSXV: SSM): Mr. Lorne Woods,
President of Sunset Cove Mining is pleased to announce that Phase Two
of its diamond drilling (DDH) campaign on its silver-polymetallic
property located in La Libertad, Peru, will start by the end of May.
Explo Drilling Peru SRL has mobilized a drill rig to the property.
The plan for Phase Two is to complete the 6,000 meters of DDH drilling
as announced on Dec 16, 2010. The program will use a small, portable
drill (NQ core) that is more suitable for the steep terrain close to
the adit of the Carolay Vein. The focus of the drilling will be to
test along strike extensions of the structure hosting the Carolay Vein
as defined by recent geological field investigation. As stated in the
Company's news release of March 17, 2011, time was taken to re-evaluate
the original drill plan in light of results from the first two drill
holes completed in February of this year.
Mr. Woods says, "We are looking forward to this drilling program. It
will allow us to have a better understanding of how the Carolay Vein
structure that sampled over 6 ounces of silver in 2010 relates to the
Manto Outcrop that shows good silver results along this open-ended
Recent rock chip sample results from underground workings and surface
outcrop show strong silver mineralization on the Carolay Vein (average
grade of 122 g/t Ag over widths ranging from 0.4 to 2.1 meters along
its 235-meter length), and from the Manto Outcrop (21m @ 21.7 g/t Ag,
not true width). With the results from the underground and surface
sampling completed to date and full analysis of the IP geophysical
survey, the technical team has a better concept of the mineralization
model on the Carolay property.
The Carolay Vein fills a major structure that generally follows the
foliation direction in the host meta-sediments with an apparent strike
length of over 1,500m. The structure is defined by a strong
chargeability anomaly that extends >800 meters NW of the Carolay Vein
adit and continues to the southeast and east >700m where the structure
appears to flatten out near the mineralized Manto Outcrop as reflected
by a broad chargeability anomaly (see attached map). The Phase Two
drilling will target this structure and test for the presence of
mineralization in parallel structures.
Pyritic horizons in the meta-sediments may be responsible in part for
the broad chargeability (IP) anomaly; although this IP anomaly may also
reflect polymetallic mineralization associated with the Carolay Vein
along mantos within permeable fracture zones in the meta-sediments.
Quality assurance/quality control
Steven Park P.Geo, an independent consultant and qualified person as
designated by National Instrument 43-101, has reviewed the technical
content of this release. Bratzon Salvador, operations manager,
supervises exploration at Sunset Cove's projects. All technical
information for the company's projects is obtained and reported under a
formal quality assurance and quality control (QA/QC) program.
About Sunset Cove
Sunset Cove Mining Inc., is a dynamic Canadian junior mineral
exploration and development company dedicated to driving shareholder
value through the economical acquisition, exploration and development
of precious metals and copper properties in proven Latin American
locations to the point where they become attractive joint venture or
acquisition targets. Sunset Cove is in Peru now, because now is the
time to be in Peru, and has a wholly owned Peruvian subsidiary, Minera
Sunset Del Peru S.A.C based in Lima, and is building a Peruvian mining
portfolio in precious metals and copper, with two properties under
Some of the statements contained herein may be forward-looking
statements that involve known and unknown risks and uncertainties.
Results presented in this press release are exploratory in nature.
Historical data, if mentioned, should not be relied upon, as they are
not admissible under NI 43-101 rules and the Company has not conducted
sufficient testing to verify this type of information. Without
limitation, statements regarding potential mineralization and
resources, exploration results, and future plans and objectives of the
Company are forward-looking statements that involve various degrees of
risk. The following are important factors that could cause the
Company's actual results to differ materially from those expressed or
implied by such forward-looking statements: changes in the world-wide
price of mineral commodities, general market conditions, risks inherent
in mineral exploration, risks associated with development, construction
and mining operations, the uncertainty of future profitability, and the
uncertainty of access to additional capital. Sunset Cove disclaims any
obligation to update any such forward-looking statements.
SOURCE SUNSET COVE MINING INC.
For further information:
Sunset Cove Mining
(877) 234-0692; ext 250