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Tue, April 19, 2011

Sunset Cove Releases More Assay Results From The Carolay Silver Property


Published on 2011-04-19 06:25:49 - Market Wire
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MONTREAL, April 19 /CNW Telbec/ - (TSXV: SSM) Mr. Lorne Woods, President of Sunset Cove reports that continuing exploration on the Carolay Silver Project has further expanded one of the principal surface targets, Anomaly 2, and located a new mineralized shear zone.

A series of 26 rock chip samples were taken recently from a road cut outcrop in Anomaly 2 showing locally significant Ag-Pb-Zn sulphide mineralization disseminated along fine fractures in the host meta-sediments.

This new sample series was centered on an intensely fractured and mineralized zone that yielded 3.25m @ 43.5 g/t Ag as reported on February 2, 2011 with a high value of 91.0 g/t Ag from three channel chip samples.

Of the 14 new samples taken across this mineralized zone, four samples yielded values of >30 g/t Ag and averaged 21.7 g/t Ag over a distance of 21 meters with high values of 74 g/t Ag, 1.47%Pb and 1.67% Zn as listed in Table 1.

The sulphide mineralization found in this road cut coincides with a large IP chargeability and resistivity anomaly measuring 800m x 600m identified by a geophysical survey completed in October 2010.

Table 1.  Anomaly 2 Road Outcrop Samples (listed NE to SW)

Sample No. Sample
spacing, m*
Ag, ppm Cu% Pb% Zn%
1257 3.0 44.3 0.06 1.47 1.01
1256 1.0 14.1 0.01 0.77 1.67
1255 1.0 60.3 0.03 0.05 0.66
1254 1.0 12.6 0.01 0.22 1.09
1253 1.0 13.1 0.01 0.21 0.82
1252 1.0 31.8 0.02 1.15 1.12
1258 1.0 16.4 0.01 0.89 0.35
1259 1.0 4.9 0.00 0.06 0.11
1260 1.0 3.9 0.01 0.12 0.33
1261 1.0 6.1 0.00 0.11 0.08
1262 3.0 11.0 0.01 0.06 0.22
1263 3.0 74.0 0.02 0.06 0.14
1264 3.0 5.3 0.01 0.02 0.05
1266   5.5 0.01 0.02 0.03
           
Average   21.7 0.01 0.37 0.55

* space between listed sample and next sample in column; samples are discontiguous

A tabular shear zone with apparent widths ranging between 1 - 2 meters was found further east of Anomaly 2 showing a mixed zone of copper sulphide and oxide minerals.  The rock chip samples were taken as 0.4 x 0.4 m panel chip samples; two of these returned values > 1.0% Cu with a high of 2.2% Cu as shown in Table 2 below.

Table 2. Copper Shear Zone

Sample No. Ag, ppm Cu% Pb, ppm Zn, ppm
1240 0.2 1.81 12 17
1241 0.8 2.20 22 17
1246 0.0 0.11 0 94
1247 0.0 0.15 5 62
         
Average 0.3 1.1 10 48

Lorne Woods is happy to state, "We are continuing an active surface exploration program on the property and will soon restart our drilling program to drill the Carolay Vein and reoriented based on the recent geochemical results and identification of new targets."

Quality Assurance/Quality Control

Steven L. Park, P. Geo, an independent consultant and qualified person as designated by National Instrument 43-101, has reviewed the technical content of this release.  Bratzon Salvador, P.Eng, 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., (TSXV: SSM) 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 and copper properties in proven Latin American locations to the point where they become attractive joint venture or acquisition targets.  Sunset Cove is in Peru now because now is the time to be in Peru.  Through their wholly owned Peruvian subsidiary, Minera Sunset Del Peru S.A.C, based in Lima, Sunset Cove controls a Peruvian mining portfolio of precious metals and copper properties: the Carolay Polymetallic Silver property and the Azulcunca Copper property.

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.

 

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