Mr. Nelson Baker reports
MINERAL MOUNTAIN INTERSECTS 21.0 M WIDE (68.8 FT) EAST LIMB STRUCTUREIN ST18-007
Mineral Mountain Resources Ltd. and its subsidiary Mineral Mountain Resources (SD) Inc. have terminated drill hole ST18-007 at a depth of 510 metres (1,673.2 feet) and the companies were successful in intersecting multiple intervals of highly contorted, folded,mineralized iron formation with variable concentrations of pyrrhotite, pyrite and arsenopyrite mineralization. The deepest interval was between 461.77 to 483.11 metres downhole, a 21 m wide highly deformed zone in iron formation, interpreted to be the East Limb structure, interpreted to be the downplunge extension of the steeply plunging high-grade shoot intersected in ST18-006 previously reported in a news release dated Aug. 9, 2018. The deepest interval of mineralized iron formation is 230 m downplunge of ST18-006. Core samples have been submitted to ALS Chemex in Vancouver for analysis.
Drill hole ST18-008 was started on Aug. 25, 2018, and is designed to intersect a strong electromagnetic response that falls within the high-grade gold shoot that hosts the historical drill hole BLG-UG3 (3.36 grams per tonne gold over 24 m) and Mineral Mountain's ST18-006 (2.12 g/t Au over 20 m). The total depth of drill hole ST18-008 is expected to be 300 m (see target pierce point in longitudinal section, a cross-section and a 3-D isometric view of the EM conductor posted on the company's website).
Nelson Baker, president and chief executive officer for the company, commented, "With seven holes now completed we have intersected significant intervals of Homestake-style gold mineralization in six out of seven drill holes completed in this campaign."
Qualified persons
The technical information in this news release has been prepared in accordance with Canadian regulatory requirements set out in National Instrument 43-101, and reviewed and approved by Mr. Baker, PEng, the president and CEO of Mineral Mountain Resources and a qualified person for this project.All exploration activities at the Rochford project are carried out under the strict supervision of Kevin Leonard, PGeo, also a qualified person for this project.
About Mineral Mountain Resources Ltd. and the Rochford gold project
Mineral Mountain Resources, through its wholly owned subsidiary Mineral Mountain Resources (SD) Inc., is focused on the exploration of its 100-per-cent-owned Rochford gold project situated along the highly prospective Homestake gold belt in the Black Hills of South Dakota, United States. The Rochford project covers approximately 7,500 acres and straddles three major trends of structurally thickened auriferous iron formation that host ledge-type gold mineralization.
Since 2012, the company, through its wholly owned subsidiary Mineral Mountain Resource (SD) Inc., has spent over $9-million (U.S.) in gold exploration in the Black Hills of South Dakota, controls the largest land position in the Rochford greenstone belt, and now possesses by far the largest and most comprehensive database for the district in modern day exploration history. The Rochford project is vastly underexplored and has the potential to host district-scale gold discoveries.
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