Manson Creek Resources Ltd. is a mineral exploration company focused on the acquisition and exploration of early stage gold projects across Canada. The Company is led by a technical team of four professional geologists with extensive project generation and exploration experience in throughout Canada and around the world.

NEW NEWS

Manson Creek has entered into an option with Panarc Resources to acquire a 100% interest in the Up Town Gold project located adjacent to the historic Giant mine in the Northwest Territories.

The 3,388 hectare property has 5 known gold bearing zones hosted in an Archean granodiorite adjacent to the Yellowknife greenstone belt which boasts over 12 million ounces of gold production from the nearby Giant and Con mines. Historic work on the Up Town Gold property, done primarily in the 1960’s, focused on the narrow quartz filled shears and associated quartz veins while largely ignoring the larger zones of hydrothermally altered host granodiorite. The shear zones, associated fractures and quartz veins vary from millimeter widths to well over 3.0 meters and they commonly are surrounded by a broader alteration halo. Alteration consists of silicification and sericitization with hematite alteration present as well. Mineralization is exposed at surface with exposures of tens of meters common with many stretching for hundreds of meters.

Until recently, gold exploration has focused primarily on volcano-sedimentary greenstone belts, seeking structurally controlled mesothermal lode-gold deposits while the adjacent granitoid rocks have been largely ignored as hosts for gold mineralization. A growing number of significant bulk minable lode-gold deposits have been found in Archean granitic rocks and there is a growing awareness that they constitute a separate deposit class – referred to as Granitoid Hosted Lode Gold deposits.

Several of the gold bearing zones on the Up Town Gold property had historical estimates completed in the 1960’s with over 2,500 meters of diamond drilling completed. In many of the historic assessment reports there is mention of hydrothermally altered host rock but no systematic sampling was ever conducted on these altered zones.

Exploration in 2011 focused on the Tell Project in the Yukon and the Virgin Arm Gold Project in Newfoundland. The first pass of exploration on the Tell property yielded the remarkable discovery of six new gossan zones proximal to the main Tell showing gossan. The Company has now identified and outlined seven mineralized natural spring gossans on the Tell property. Exploration on the Virgin Arm gold project involved detailed soil sampling, trenching of newly discovered geochemical anomalies, and the successful completion of a seven hole diamond drill campaign. These two exciting projects provide excellent opportunity in a market of record high gold prices.

Manson Creek geologists, prospecting in the area of the original Tell natural spring gossan and vegetation kill zone, have discovered six new, well developed, active and previously active natural spring gossans; Crystal Springs, Ash Springs, Area 51, Roswell, Majestic and Corona. The new discoveries extend over an area 600 meters roughly east-west, from the large Tell Zone and 450 meters north-south. Many of the gossans contain numerous active and previously active spring vents.

Soil and rock samples collected from the Tell Zone, Crystal Springs, Ash Springs, Area 51, Majestic and Corona zones have returned highly anomalous zinc, nickel, lead, arsenic and numerous other gold pathfinder element values. Results from the Roswell discovery are pending. Property-wide stream sampling has outlined two additional, regional geochemical anomalies Area 13 and Area 15, located 2 kilometers and 4 kilometers west of the main Tell showing respectively.

Manson Creek believes the seven Tell property gossans to be of extreme significance due to the number of successful drill discoveries made on similar gossans in the region. ATAC Resources Ltd.’s Ocelot discovery was made by targeting an undrilled natural spring surface gossan with associated strongly anomalous zinc and lead sample results. Like the Ocelot zone, the seven Tell property gossans are located near regional carbonate units within structurally complex geology in, and proximal to, the Rackla gold belt. The seven Tell property gossans have never been drill tested.

Newfoundland has exciting unrealized discovery potential as there has been essentially no gold focused exploration in the province prior to the 1980’s! The 2011 diamond drill program targeted gold mineralization in the Hank and Homer zones that returned significant gold assays of 0.5 grams per tonne (g/t) to over 10 g/t gold. The seven hole, 1,085 meter, drill program was completed along 400 meters of gold mineralization. Noteworthy gold values were returned on drill holes 03, 04, 05 and 06. Drill hole 2011-Ho-05, targeting the western extension of the Homer Zone, returned assays of 5.75 g/t gold and 3.39 g/t gold over 1.0 m and 1.2 m respectively. The 2011 Virgin Arm drill program results demonstrated the high variability of the gold grades in the mineralized stratigraphy. It is believed that this is due in part to the nuggety nature of the gold present on the property. Metallic screen analysis has proven to be effective in determining a representative grade for samples tested which contain nuggety coarse free gold. A 30 sample test group of previously fire assayed core samples was selected for re-assay using the metallic screen analysis.

Selected, representative drill core samples were re-assayed utilizing metallic screen methods and returned overall average increase of 47.2% in gold grades!

The selected samples (from drill holes 2011-Ho 04, 2011-Ho 05 and 2011-Ha 07) are generally adjacent to previously announced intervals of 1.0 g/t gold to greater than 5 g/t gold. The re-assayed intervals are lithologically identical to the higher grade intervals and have the same style and degree of alteration but the fire assay gold values appeared anomalously low by contrast.

The results of the re-assay averaged an overall increase of 47.2% in gold grades, specifically, 21 of the 30 samples returned an 88.9% increase in gold grades with the remaining 9 samples returning a decrease of 50.2% in gold grades. Along with the increase in gold grades a number of significantly mineralized intervals begin to emerge.

One example of the increase is seen in 2011-Ho 05 where the updated gold assays have increased to 1.66 g/t gold from 1.46 g/t gold over the same 3.5 m interval and a significantly extended interval has emerged which averages 1.30 g/t gold over 5.5 m. Drill hole 2011-Ho 04 increased from 0.52 g/t gold to 0.77 g/t gold over 3 m. New assay values now show a 9.0 m interval of 1.04 g/t gold in hole 2011-Ho 04. The Company is greatly encouraged by the recent results with subsequent increase in gold grades and is pleased with the progression of the Virgin Arm project to date, from initial mineralized gold outcrop work to the identification of a large gold mineralized system.

The Virgin Arm property is cored by a gold mineralized corridor of 4.2 kilometers by up to 800 meters. There are four distinct mineralized zones; Hank, Homer, and Barney, as well as the new Discovery Ridge area. Each of these zones is an excellent target for significant new gold resources. Samples to date have produced high grade gold values to 10.07 grams per tonne hosted within zones of lower grade gold mineralization.