Mineral Mountain Takes Aggressive Step Out to Test Steeply Plunging High Grade Shoot 225 Meters Down Plunge of Hole ST18-006
MMV-TSX.V
MNRLF-OTCQX
News Release NR 2018 – 10 August 16, 2018
MINERAL MOUNTAIN TAKES AGGRESSIVE STEP OUT TO TEST
STEEPLY PLUNGING HIGH GRADE SHOOT
225 METERS DOWN PLUNGE OF HOLE ST18-006
(Vancouver, August 8 , 2018 ): Mineral Mountain Resources Ltd. and its subsidiary Mineral
Mountain Resources (SD) Inc. (“Mineral Mountain” or the “Companies”) (TSX.V: “MMV”)
(“OTCQX: MNRLF”) report that drill hole ST18-007 is anticipated to pierce the steeply
plunging high grade shoot , a mineralized iron formation shear zone at about 225 meters down
plunge from ST18-006 previously reported in a news release dated August 9, 2018. As reported
previously, borehole ST18 -007 was stopped at a depth of 300 meters and subsequently
geophysically probed by Discovery Geophysics . This probing confirmed that a strong EM
response was estimated to be positioned about 100 meters “ahead of hole ST18 -007”. This EM
response coincides with the down plunge projection of the East Limb Shear that hosts the high
grade gold shoot intersected in historical drill hole BLG-UG3 (3.36 g/t Au over 24 meters) and
ST18-006 (2.12 g/t Au over 20 meters). The total depth of drill hole ST18-007 is expected to be
500 m. (see target pierce point in longitudinal section, a cross section, and a 3D Isometric View
of the EM conductor posted on the Company’s website www.mineralmtn.com ).
Nelson Baker, President and CEO for the Company, commented: “We are particularly impressed
with the consistent gold values recorded across the wide interval in ST18 -006. There is no
“nugget effect” in this style of gold deposit”.
Qualified Persons
The technical information in this news release has been prepared in accordance with Canadian
regulatory requirements set out in National Instrument 43 -101 and reviewed and approved by
Nelson W. Baker, P.Eng. the President and CEO of Mineral Mountain Resources Ltd. and a
Qualified Person for this project. All exploration activities at the Rochford Project are carried
out under the strict supervision of Kevin Leonard, P.Geo. also a Qualified Person for this project.
About Mineral Mountain Resources and the Rochford Gold Project
2
Mineral Mountain Resources Ltd., through its wholly owned subsidiary Mineral Mountain
Resources (SD) Inc., is focused on the exploration of its 100% -owned Rochford Gold Project
situated along the highly prospective Homestake Gold Belt in the Black Hills of South Dakota,
U.S.A. The Rochford Project covers approximately 7,500 acres and straddles three major trends
of structurally thickened auriferous iron formation that host ledge-type gold mineralization.
Since 201 2, the Company , through it’s wholly owned subsidiary Mineral Mountain Resource
(SD) Inc., has spent over $9 million US in gold exploration in the Black Hills of South Dakota,
controls the largest land position in the Rochford greenstone belt and now possesses by far the
largest and most comprehensive database for the district in modern day exploration history ! The
Rochford Project is vastly under -explored and has the potential to host district scale gold
discoveries.
On Behalf of the Board of Directors
MINERAL MOUNTAIN RESOURCES LTD.
“Nelson W. Baker”, President and CEO
For further information, please contact:
Brad Baker, Vice-President Corporate Development & Director
(604) 714-0111 [email protected]
Or visit our website: www.mineralmtn.com
Forward looking information
This release contains “forward-looking information” within the meaning of applicable Canadian securities
legislation (“Forward-looking information”). Forward-looking information includes, but is not limited to,
statements that address activities, events or developments that the Company expects or anticipates will or
may occur in the future, including such things as future business strategy , competitive strengths, goals,
expansion, growth of the Company's businesses, operations, plans and with respect to exploration results,
the timing and success of exploration activities generally, permitting time lines, government regulation of
exploration and mining operations, environmental risks, title disputes or claims, limitations on insurance
coverage, timing and possible outcome of any pending litigation and timing and results of future resource
estimates or future economic studies.
Often, but not always, forward-looking information can be identified by the use of words such as “plans”,
“planning”, “planned”, “expects” or “looking forward”, “does not expect”, “continues”, “scheduled”,
“estimates”, “forecasts”, “intends”, “potential”, “anticipates”, “does not anticipate” or “belief” or
describes a “goal” or variation of such words and phrases or state that certain actions, events or results
“may”, “could”, “would”, “might” or “will” be taken, occur or be achieved.
Forward-looking information is base d on a number of material factors and assumptions, including, the
result of drilling and exploration activities, that contracted parties provide goods and/or services on the
agreed timeframes, that equipment necessary for exploration is available as schedu led and does not incur
unforeseen break downs, that no labour shortages or delays are incurred, that plant and equipment
function as specified, that no unusual geological or technical problems occur, and that laboratory and
other related services are avail able and perform as contracted. Forward -looking information involves
known and unknown risks, future events, conditions, uncertainties and other factors which may cause the
actual results, performance or achievements to be materially different from any fut ure results, prediction,
3
projection, forecast, performance or achievements expressed or implied by the forward -looking
information. Such factors include, among others, the interpretation and actual results of current
exploration activities; changes in project parameters as plans continue to be refined; future prices of gold;
possible variations in grade or recovery rates; failure of equipment or processes to operate as anticipated;
the failure of contracted parties to perform; labour disputes and other risk s of the mining industry; delays
in obtaining governmental approvals or financing or in the completion of exploration, as well as those
factors disclosed in the company's publicly filed documents. Although the Company has attempted to
identify important factors that could cause actual actions, events or results to differ materially from those
described in forward-looking information, there may be other factors that cause actions, events or results
not to be as anticipated, estimated or intended. There can b e no assurance that forward -looking
information will prove to be accurate, as actual results and future events could differ materially from
those anticipated in such statements. Accordingly, readers should not place undue reliance on forward -
looking information.