TSX.V : MER       Last:     Change:     Volume:
 

News





 

Meritus Drills 7.00m of 16.44g Gold/Tonne At Gutain Davaa, Mongolia

Date 18th May 2011

 

Vancouver, B.C.: MeritusMinerals Ltd. (MML) (TSX-V – MER) advises that it has now received all remaining assay results from its winter drilling program at the Toordogiin Shil Prospect Gutain Davaa, Mongolia.

In TDS054 a strongly mineralized zone of 7.00m of 16.44g Au/tonne was intersected.

A very good intersection was also obtained in the final hole (TSD057) which intersected 31.00m of 3.70g Au/tonne including 7.00m of 6.06g Au/tonne and 3.00m of 15.67g Au/tonne.

Results from all holes not previously announced are listed in the Table below.

 

GOLD ASSAYS FROM DIAMOND DRILLING

TOORDOGIIN SHIL PROSPECT GUTAIN DAVAA

HOLE

UTM

GRID

Azimuth

Angle

Hole Depth

From

To

Width

Gold

Number

East

North

 

 

(m)

(m)

(m)

(m)

g/tonne

TSD049

128

350

245

55

130

75.00

76.00

1.00

0.22

 

 

 

 

 

 

99.00

102.00

3.00

0.34

 

 

 

 

 

 

113.00

114.00

1.00

0.20

 

 

 

 

 

 

116.00

117.00

1.00

0.20

TSD050

175

455

245

55

136

57.00

58.00

1.00

0.44

 

 

 

 

 

 

78.00

79.00

1.00

0.22

 

 

 

 

 

 

82.00

83.00

1.00

0.67

 

 

 

 

 

 

91.00

92.00

1.00

0.21

TSD051

141

437

245

55

67

No

Significant

Assays

 

TSD051A

093

422

245

55

169

83.00

84.00

1.00

0.22

TSD052

072

374

245

45

112

No

Significant

Assays

 

TSD053

225

227

245

70

61.00

29.00

30.00

1.00

2.13

TSD054

178

291

245

50

76.00

51.00

58.00

7.00

16.44

 

 

 

 

 

including

55.00

57.00

2.00

49.43

 

 

 

 

 

 

58.00

64.00

6.00

0.20

 

 

 

 

 

 

75.00

76.00

1.00

0.34

TSD055

268

152

245

50

79

29.00

32.00

3.00

0.27

 

 

 

 

 

 

46.00

47.00

1.00

0.24

 

 

 

 

 

 

49.00

56.00

7.00

0.23

 

 

 

 

 

 

57.00

65.00

8.00

0.31

 

 

 

 

 

 

78.00

79.00

1.00

0.20

TSD056

269

153

245

70

70

52.00

55.20

3.20

0.27

TSD057

235

132

065

50

124

10.00

12.00

2.00

0.25

 

 

 

 

 

 

25.00

28.00

3.00

0.24

 

 

 

 

 

 

36.70

37.70

1.00

1.61

 

 

 

 

 

 

39.40

43.00

3.60

0.35

 

 

 

 

 

including

41.40

42.00

0.60

1.25

 

 

 

 

 

 

57.00

88.00

31.00

3.70

 

 

 

 

 

including

57.00

64.00

7.00

6.06

 

 

 

 

 

and

70.00

73.00

3.00

15.67

 

 

 

 

 

and

78.00

88.00

10.00

2.08

 

 

Notes:

i)        Only the last three figures of the UTM Grid References are given. For full reference. Eastings preceded by 448, Northings by 5414. Full reference 448105/5414320.

ii)      Azimuth is in terms of True North

iii)    Reported widths are drill intersection lengths

 

A number of holes reported failed to intersect the mineralized zone. Holes TSD048, 49 50, 51, 51A, 52 and 53 all drilled to the north and north west of previously reported TSD045 were all terminated before reaching the extension of the mineralized zone  intersected in TSD045 which was encountered considerably deeper than expected. During the next drilling program attempts will be made to deepen some of these holes.

The Southern Zone extends approximately 100 meters south from the saddle, and at 45 to 50m depth is cut off by faults.  Average width of the zone is about 12.5 meters.  

The Northern Zone, north of the saddle, is separated from the Southern Zone by cross faulting.  Mineralization occurs in several horizons and has been traced about 200m north from the saddle and is bounded by a large fault on the western side.  The mineralization occurs in horizons up to 15 meters thick.

High grade drill intersection in the Southern Zone mineralization average 8.25g Au/tonne.  In the Northern Zone they average 4.90g Au/tonne.

Ongoing work at Gutain Davaa includes re-assaying a number of duplicate samples at three different laboratories. ICP analysis for trace elements on a number of selected holes and a detailed petrological and mineralogical study are also being carried out which are expected to provide information on the genesis of the mineralization and determine any associated alteration patterns.

A new diamond drilling program is being planned for this summer. The objectives of this program will be as follows.

i)              The Toordogiin Hyar, Flourite, East and Toordogiin North prospects will each be tested with several drill holes. Only one (East) has seen any previous drilling (2 RC holes). The Toordogiin Hyar is of particular interest due to a number of mineralized boulders that were collected in the area and grade between 100 and 550g Au/tonne (previously reported).

ii)            At Toordogiin Shil drilling  will have four main objectives;

a-      Infill drill in the mineralized zones;

b-      Locate the faulted off mineralization at depth beneath the high grade Southern Zone;

c-      Follow and expand the Northern Zone mineralization down plunge and to the east, with particular emphasis on expanding the two high grade zones encountered in TSD045 (ie., 2.00m of 44.00g Au/tonne and 9.00m of 7.68g Au/tonne);and

d-      Seek the Northern Zone to the west of the western boundary fault.

This program will total at least 5,000 metres of diamond drilling in about 35 holes, some of which will extend to 300 metres depth.

 

SAMPLING PROCEDURE

Drill core is transported from drill site to the camp where it is logged. It is then transported to Ulaan Baatar to a newly established facility for cutting. There the core is cut in half by diamond saw. One half of the core is retained for reference, the other half is sampled in approximately one metre intervals. Samples are transported to a laboratory in Ulaan Baatar, are crushed and completely pulverized to 90% passing 75 microns.

Two pulps are split from the pulverized sample. One set of pulps is retained by the laboratory for ICP analysis when required. The second set is forwarded to Meritus where sequentially numbered standards and blanks are included. This set of pulps is then forwarded to a second laboratory where fire assay for gold is carried out on a 30 gram charge. Finish is by AAS. Two standards and one blank are included with every 25 samples submitted. On receipt of results duplicates of selected pulps are forwarded to a third laboratory for check fire assay and to test the efficiency of the pulverization carried out by the preparation laboratory.

For the purpose of this release the qualified person is Terence E. Bates, MSc (Geol), the Company’s Chief Executive Officer and President. All technical information in this release has been reviewed or compiled by Mr. Bates. Mr. Bates is a Fellow of the Australian Institute of Mining and Metallurgy, and is a qualified person as defined by NI 43-101.

Meritus Minerals Ltd (C.MER) is a mineral exploration company committed to building shareholder value through the acquisition of base and precious metal properties.  For additional information, contact Richard Schnoor at 604 618-9327 (toll free 866 637-5138).

 

On Behalf of the Board of Directors

Meritus Minerals Ltd.

Terence E. Bates - CEO and President

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.

For further Information please visit our website at: www.meritusminerals.com   

200 OK

OK

The server encountered an internal error or misconfiguration and was unable to complete your request.

Please contact the server administrator, [no address given] and inform them of the time the error occurred, and anything you might have done that may have caused the error.

More information about this error may be available in the server error log.