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The Meridian Project encompasses 5 past producing gold mines on the current, road accessible, 675 hectare claim block. The Meridian Camp was active in the early 1900’s but the fragmented land ownership at the time did not allow for growth and the camp faded after only a few years of production.

Gold and silver mineralization on the block is within and proximal to mesothermal quartz veins related to the regional scale Camborne Fault that bisects the Meridian Claim group and hosts 86 mineral occurrences and historic deposits in the region.

The 2009 exploration program outlined further high grade gold values from the Meridian project area. Prospecting and sampling of the Imperial area returned 11.6 grams per tonne (g/t) gold and 2.4 g/t silver over 1.0 meter in a continuous chip sample. This interval is located within a broader 2.0 meter zone grading 6.65 g/t gold and 1.35 g/t silver. This new target is located 280 meters to the west southwest of the main Meridian zone.

Sampling in the Criterion stope, part of the Meridian mineralized system, returned high gold values. An assay of 20.5 g/t gold and 3.3 g/t silver was returned from a continuous chip sample of a 0.60 meter quartz vein containing iron carbonate within a broader 2.0 meter mineralized zone. The gold bearing Criterion zone is approximately perpendicular to the Meridian mineralized trend and has historically only seen limited exploration work




Drill Hole

From

To

Width(m)

Gold
Grams/Tonne

Silver
Grams/Tonne

08MER-01

84.50

107.50

23.00

0.33

0.23

Includes

92.00

94.00

2.00

1.29

0.20

08MER-02

106.10

109.20

3.10

1.13

0.60

Includes

107.10

109.20

2.10

1.41

0.70

08MER-02

116.18

118.46

2.28

1.78

0.61

08MER-02

126.00

130.00

4.00

2.60

0.85

Includes

129.00

130.00

1.00

5.94

1.70

04MER-04

19.47

20.47

1.00

3.65

N/A

04MER-04

87.40

88.40

1.00

1.34

1.20

04MER-04

89.80

92.96

3.16

1.00

0.96

04MER-04

110.30

111.30

1.00

1.03

0.70

04MER-04

116.80

118.87

2.07

1.78

1.05

Includes

116.80

117.80

1.00

2.46

1.10

08MER-05

170.51

171.21

0.70

3.60

0.11

08MER-06

99.52

101.44

1.92

1.60

1.01




 

Table 2. Significant Surface Sample Results

Easting

Northing

Gold Grams/Tonne

Silver Grams/Tonne

Sample Details

455808

5627548

194.00

48.10

Grab Sample: Sheeted quartz veins in carbonate altered sediment

456029

5627092

10.60

4.40

Grab Sample: Silicified fault zone

456029

5627092

4.42

1.4

1.0 m Continuous Chip Sample: Silicified fault zone

 


Drill holes 08MER-00 to 08MER-03 were drilled up to 150 m northwest of the historic Eva Mine and each of the holes intersected broad zones of silicification and Siderite-Ankerite-Dolomite (SAD) veining that is believed to represent the large regional scale Camborne Fault system which hosts 86 mineral occurrences.

Drill hole 08MER-04 was collared 300 m to the southeast along strike from the Eva Mine where the Company projected an intersection of the main Camborne Fault with a secondary mineralized fault. This drill hole intersected a portion of the main system at the top of the hole returning 3.65 grams/tonne (g/t) gold over one meter with the hole continuing on to successfully intersect several mineralized intervals in the cross cutting structure. Assays returned 2.46 g/t gold and 1.10 g/t silver over one meter hosted within a broader 2.07 m zone of 1.78 g/t gold and 1.05 g/t silver.

Drill holes 08MER-05 and 08MER-06, drilled off the same set up west of 08MER-04, successfully tested a further 250 m of the mineralized cross fault. Drill hole 08MER-05 ended prematurely in mineralization, grading 3.60 g/t gold and 0.11 g/t silver over 0.70 m, due to hole stability issues. Hole 08MER-06 also intersected significant mineralization including 1.60 g/t gold and 1.01 g/t silver over 1.92 m.

Table 3. Drillhole Location Details (NAD83/11N)

Drill Hole

Easting

Northing

Azimuth

Dip

Total Depth (m)

08MER-00*

455876

5627643

245

-46

35.00

08MER-01

455876

5627643

238

-46

195.00

08MER-02

455876

5627643

238

-60

198.70

08MER-03

455935

5627568

240

-47

198.10

08MER-04

456225

5627135

230

-47

187.45

08MER-05

455947

5627086

020

-47

171.60

08MER-06

455947

5627086

020

-65

155.91

 


Surface sampling and the results of the drill program continue to support the Company’s belief that large, widespread mineralization is present on the Meridian Property in proximity to the historic mine workings. Manson Creek is strongly encouraged by the initial drill program that has demonstrated the gold mineralization is pervasive and extends well beyond areas of historical mining. Further drilling will continue to delineate the scale and degree of mineralization as the Company moves the Meridian gold project forward.

   
 
   
 
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Meridian Drilling Results 2008
   
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