Sunset Cove Announces Discovery of Significant New Vein Structures at Carolay
August 21 2012 - 3:00PM
PR Newswire (Canada)
TORONTO, Aug. 21, 2012 /CNW Telbec/ - (TSXV: SSM; (BVL: SSM) Mr.
Lorne Woods, president of Sunset Cove, is pleased to report that
recent surface exploration work has led to the discovery of 13 new
veins/structures on the Anomaly Two sector of the Carolay silver
polymetallic property. Most important of these new veins are the
Lindsay vein and the Maria structure. "The discovery of the veins
is very important for Sunset at this time," said Mr. Woods "the
volume of new structures is helping to confirm that the Carolay
property has potential and needs to be developed further." The
Lindsay vein was found because the exploration team had noticed a
small old adit measuring six feet in depth and about four feet
across. They then proceeded to dig a trench one meter deep and
found that the vein measured 27-meters wide and is open to the
north as the hanging wall has not been located to date. The Lindsay
vein is mineralized as proven by the use of the Breuker hand held
x- ray fluorescence analyzer, a portable device for measuring metal
content of visible mineralization in host rocks. Twenty-four other
samples have been sent to the lab for assaying and the results are
expected shortly. The Maria structure is located to the north-east
of the Lindsay vein in a gully that runs over the length of the
Carolay property. The vein measures approximately eight meters wide
and appears to be 200 meters in length and has a known vertical
drop of 200 meters. Assay results from samples taken will be
published shortly. "While it is too early to predict what the new
structures will deliver in the assay results. They may have the
potential for large scale mining methods" said Woods. In addition
the surface exploration team has found an additional 11 veins and
three old adits on the anomaly. They are detailed in the table
below. The results of Silver, Zinc, Lead and Copper are from assays
on samples taken at each of the veins.
_____________________________________________________________________
| Vein |Azimuth|Orientation|Vein |Sample| Ag | Cu | Pb | Zn | | | |
|Width|Width | | | | |
|_________|_______|___________|_____|______|________|_____|_____|_____|
|Maria |236° |21°SE |8.0 m| | | | | |
|_________|_______|___________|_____|______|________|_____|_____|_____|
|Lindsay |98° |48°SW |4.0 m|0.82 m|90.87 |0.08%|0.06%|0.01%| | | |
| | |g/t | | | |
|_________|_______|___________|_____|______|________|_____|_____|_____|
|Lidia |107° |70°SW |0.83 |0.83 m|1.3g/t |0.01%|0.05%|0.63%| | | |
|m | | | | | |
|_________|_______|___________|_____|______|________|_____|_____|_____|
|Verónica |310° |40°NE |0.23 |0.23 m|16.3g/t |0.03%|0.08%|4.97%| |
| | |m | | | | | |
|_________|_______|___________|_____|______|________|_____|_____|_____|
|Irisbel |8° |49°NE |0.57 |0.57 m|12.8g/t |0.02%|0.25%|1.30%| | | |
|m | | | | | |
|_________|_______|___________|_____|______|________|_____|_____|_____|
|Alina |80° |80°SE |0.40 |0.4 m |1.7g/t |0.01%|0.10%|0.60%| | | |
|m | | | | | |
|_________|_______|___________|_____|______|________|_____|_____|_____|
|Atahualpa|54° |34°SE |0.89 |0.89 m|56.06g/t|0.05%|0.02%|0.30%| | |
| |m | | | | | |
|_________|_______|___________|_____|______|________|_____|_____|_____|
|Liz |82° |47°SW |0.56 |0.56 m|0.9g/t |0.01%|0.01%|0.01%| | | | |m
| | | | | |
|_________|_______|___________|_____|______|________|_____|_____|_____|
|Maryte |335° |52°NE |1.10 |1.40 m|11.96g/t|0.03%|0.01%|0.01%| | |
| |m | | | | | |
|_________|_______|___________|_____|______|________|_____|_____|_____|
|Mónica |328° |35°NE |0.66 |0.66 m|0.6g/t |0.01%|0.01%|0.20%| | | |
|m | | | | | |
|_________|_______|___________|_____|______|________|_____|_____|_____|
|Susana |35° |88°SE |1.47 |1.47 m|1.02g/t |0.01%|0.01%|0.04%| | | |
|m | | | | | |
|_________|_______|___________|_____|______|________|_____|_____|_____|
|Luana |300° |35°NE |0.15 |0.15 m| | | | | | | | |m | | | | | |
|_________|_______|___________|_____|______|________|_____|_____|_____|
Planning is ongoing on how to properly drill these two new targets.
These efforts should be underway by the end of September. Quality
Assurance The Carolay property exploration program is under the
supervision of Mr. Michael Dufresne P.Geo.of Apex Geoscience Ltd .
an independent consultant and Qualified Person as designated by
National Instrument 43-101 who has reviewed the technical content
of this release. Mr. 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
properties in proven Latin American locations to the point where
they become attractive joint venture or acquisition targets. Its
flagship property is the Carolay Polymetallic Silver Property where
advanced exploration drilling is taking place during 2012. The
mineralization found on the Carolay property and the adjacent
Marañon sector fits into the model of polymetallic veins and is
similar to that found in the highly prospective Coeur D'Alene
Silver District in Idaho, which historically has produced more
silver than any other Silver District in the U.S. Forward-Looking
Statements 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. SUNSET COVE MINING INC. CONTACT:
Lorne WoodsPresident Sunset Cove Mining(877) 234-0692; ext.
250lwoods@sunsetcovemining.comwww.sunsetcovemining.com
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