Manning Ventures mobilizes crew and equipment for upcoming drill program at the Copper Hill Project, Nevada, USA.
LEGAL_43309935.2
Manning Ventures Inc.
Suite 303, 750 West Pender Street
Vancouver, BC V6C 2T7
MANNING VENTURES MOBILIZES CREW AND EQUIPMENT FOR
UPCOMING DRILL PROGRAM AT THE COPPER HILL PROJECT,
NEVADA, USA
Vancouver, British Columbia, November 27, 2024 – Manning Ventures Inc. (the “Company”
or “Manning”) (CSE: MANN; Frankfurt: 1H5) is pleased to announce that crew and equipment
have begun mobilization, and that it has commenced preparation work for the upcoming
exploration program at the Copper Hill Project, located along the prolific Walker Lane Trend,
western Nevada, USA.
Drill pad construction is underway for three targets located in the Northern Zone (see Image 1
below). These first three drill targets (PDH-1, PDH-2 and PDH-3) are designed to address strong
geochemistry, favorable structural zones while presenting logistical efficiency. The drill rig is on
site and drilling is scheduled to commence Monday, December 2.
This phase one drill program will consist of up to nine Reverse Circulation (“RC”) drill holes
totalling approximately 2,500 meters. Drilling will test for skarn mineralization on the contact
between the limestone and the intrusive for the Northern and the Southern Zones. The two zones
outline target areas that returned significant copper values (0.5 to > 1.0% copper) in intense skarn
alteration. The Copper Hill Project is comprised of 108 unpatented lode mining claims that cover
2,215 acres (896.3 Ha).
- 2 -
LEGAL_43309935.2
Image 1: Phase one planned drill sites, Copper Hill Project, Nevada, USA
- 3 -
LEGAL_43309935.2
Mineralization Controls
The mapping and compilation of all exploration data at Copper Hill outlines an untested, highly
prospective, copper/gold bearing skarn target. Potential may exist for a porphyry type copper
deposit to be found deep beneath Copper Mountain or beneath the covered southeast intrusive.
Additionally, porphyry-related veins and local chloritic and sericitic alteration is found along these
northwest trends.
Two exploration corridors termed the Northern Zone and the Southern Zone outline areas with
over 1500 meters (>5,000 feet) of strike length which host significant, intense skarn alteration and
elevated copper values (0.5 to >1.0% copper).
The most significant features on the west-northwest trends are:
• Northern Zone
• Correlates with northern copper in soils anomaly
• Aligns with garnetite, copper-bearing zones
• Aligns with larger dikes of diorite
• Southern Zone
• Adjacent to deepest historic mineralization and proximal to historic shallow, near
surface mines (limestone host in historic mine area is likely very thin and gets wider
and thicker moving to southeast).
• Aligns with gravity trend indicating Limestone/intrusive contact connecting
southeast to “SE” buried intrusive.
• Northern end of southern zone associated with high-grade surface sampling and
historic mining of garnetite and massive magnetite skarn zones.
• Correlates with southern high copper in soils anomaly.
- 4 -
LEGAL_43309935.2
Image 2: Location of Copper Hill, Walker Lane Trend, Nevada, USA
- 5 -
LEGAL_43309935.2
About the Copper Hill Project
Located within the prolific Walker Lane trend in southern Nevada, Copper Hill is situated one of
the premier jurisdictions for precious metals mining in the world. Historic endowment within
Walker Lane includes 50Moz Au, 700Moz Ag, and 4Mt Cu. Copper Hill hosts copper-gold-
molybdenum mineralization in both porphyry and skarn styled deposits in Mineral County,
Nevada.
The Project is centered on a Jurassic Age quartz monzonite porphyry intruding Triassic age Luning
Limestone. The claims are located 33 miles east of the Yerington Copper District which hosts the
Yerington Copper Mine (Anaconda 1952-1978), Ann Mason Deposit, Bear Deposit, MacArthur
Deposit, and the Pumpkin Hollow Mine.
Historically at Copper Hill, reported high-grade copper was mined from underground shafts from
skarn and porphyry-copper styled mineralization at the Copper Mountain Mine. Between 1914
to 1926 mining from the “Copper Mountain Mine” produced an estimated 1,000,000 pounds of
copper from shallow underground workings. Historic reporting from the period of production
describes ore zones of contact skarn- type and porphyry-type mineralization with shipping grades
ranging from 3.5 to 11.0% copper*.
The Copper Hill mineralizing system forms a topographic high surrounded and partially covered
by younger volcanic rocks. Mineralization identified at Copper Hill are bornite, chalcocite,
chalcopyrite, chrysocolla, copper-native, covellite, cuprite, gold, malachite, molybdenite, silver,
sphalerite (rare), and tetrahedrite.
The Copper Mountain area was explored between 1959 to 1979 by Idaho Minning Corp. and
Walker-Martel who conducted ground geophysics, underground mapping, prospecting and
reported 6000 feet of Rotary drilling. Since that time ground magnetics were conducted in 2007.
Rock sampling collected at this time returned values from select samples of 7.2% and 12.7%
copper and 1.06 g/t gold and 1.19 g/t gold respectively.
*Historic Mining information was summarized from an “Unpublished Report on the Carson Sink
Area, Nevada by F.C. Schrader, U.S. Geological Survey (Field work 1911-1920) 1947”. Manning
Ventures cautions investors that the historic exploration and production information is believed
to be accurate but has not been verified by a qualified person.
Warren Robb P.Geo., is the designated Qualified Person as defined by National Instrument 43-101
and is responsible for the technical information contained in this release.
- 6 -
LEGAL_43309935.2
About Manning
Manning Ventures is a mineral exploration and development company focused metals and
materials critical to the growing Energy Metals space. Manning’s project portfolio is focused on
Copper in Nevada, Lithium/Copper in Ontario and Quebec, and multiple Iron Ore projects in
Quebec.
For further information contact:
Manning Ventures Inc.
Alex Klenman - CEO
Email: [email protected]
Telephone: (604) 681-0084
www.manning-ventures.com
FORWARD LOOKING STATEMENTS:
The Canadian Securities Exchange does not accept responsibility for the adequacy or accuracy of
this news release.
Certain statements in this press release may contain forward-looking information (within the
meaning of Canadian securities legislation), including, without limitation, the Company’s
payment of the Exercise Price during the Option Term, the granting of the net smelter return
royalty to the Optionor, and the Company’s payment of the annual minimum payments to the
Optionor. These statements address future events and conditions and, as such, involve known and
unknown risks, uncertainties, and other factors, which may cause the actual results, performance,
or achievements to be materially different from any future results, performance, or achievements
expressed or implied by the statements. Forward-looking statements speak only as of the date those
statements are made. Although the Company believes the expectations expressed in such forward-
looking statements are based on reasonable assumptions, such statements are not guarantees of
future performance and actual results may differ materially from those in the forward-looking
statements. Factors that could cause the actual results to differ materially from those in forward-
looking statements include regulatory actions, market prices, and continued availability of capital
and financing, and general economic, market or business conditions. Investors are cautioned that
any such statements are not guarantees of future performance and actual results or developments
may differ materially from those projected in the forward-looking statements. Forward-looking
statements are based on the beliefs, estimates and opinions of the Company's management on the
date the statements are made. Except as required by applicable law, the Company assumes no
obligation to update or to publicly announce the results of any change to any forward-looking
statement contained or incorporated by reference herein to reflect actual results, future events or
developments, changes in assumptions, or changes in other factors affecting the forward-looking
- 7 -
LEGAL_43309935.2
statements. If the Company updates any forward-looking statement(s), no inference should be
drawn that it will make additional updates with respect to those or other forward-looking
statements.