MCK Manson Creek Resources Ltd

Manson Creek Resources Ltd. (TSX VENTURE:MCK) ("Manson" or "the Company") is
pleased to provide a technical overview on its Tell Property, Yukon, in
conjunction with its current financing and 2014 planned exploration program,
including first pass drill testing of the Tell target. 


The Tell Property, located some 140 kilometers north east of Mayo, Yukon, was
initially staked by Manson as a high priority target in 2002, following
extensive field work in the region from 1998 to 2002. The property consists of
103 claims covering a surface area of roughly 2,150 hectares, 100% owned by
Manson.


Due to poor market conditions at the time and lack of activity in the region,
the property did not see significant work except for a number of short field
programs that occurred in 2005, 2011 and 2012. Surface prospecting and
geochemical sampling in 2005 and 2011 outlined the presence of 7 significant
zones of metal bearing gossanous material at surface, occurring either as
coatings on exposed rocks and talus (Main Tell gossan), as zones of iron oxide
coated soils and surface materials, or as active sinters/spring sources. The
uppermost 5 main gossans define a zone oriented east-west, and approximately 600
meters in strike length.


These gossans all carry high level of various metals including zinc, nickel,
cobalt, as well as anomalous amounts of tracer materials such as cobalt, barium,
arsenic, mercury and locally silver. A compilation table of the ranges of
elements for each gossan is presented below (see NR 12-14, Sept. 14/12).




----------------------------------------------------------------------------
                   Number of                                                
                 Samples and       Zinc       Nickel    Arsenic      Silver 
Location                Type         ppm          ppm        ppm         g/t
----------------------------------------------------------------------------
                      2 Soil    5,795 to greater than    966 to  less than
Roswell              Samples       7,149        1,000      1,114  0.1 to 0.1
----------------------------------------------------------------------------
                                               245 to                       
                      6 Soil    6,005 to greater than            less than
Crystal Springs      Samples      23,500        1,000 4.0 to 110  0.1 to 0.8
----------------------------------------------------------------------------
                                               425 to                       
                 3 Soil/Silt   10,800 to greater than                      
Ash Springs          Samples      24,500        1,000 114 to 358           -
----------------------------------------------------------------------------
                      3 Rock   19,700 to     1,056 to                       
Ash Springs          Samples      27,500        1,591   10 to 25  0.6 to 1.0
----------------------------------------------------------------------------
                                               164 to                       
                 4 Soil/Silt    4,738 to greater than  1,149 to  less than
Area 51              Samples       8,565        1,000      1,816  0.1 to 0.2
----------------------------------------------------------------------------
                                               808 to                       
                      7 Soil   12,500 to greater than                      
Majestic             Samples      17,700        1,000   18 to 33  0.1 to 0.2
----------------------------------------------------------------------------
                      1 Soil                                                
Corona                Sample      15,600          973         31         0.1
----------------------------------------------------------------------------
Tell Zone                                                                   
 (Historical     4 Soil/Silt   20,020 to     1,545 to             less than
 Sampling)           Samples      49,600        2,560  16 to 103  0.2 to 0.2
----------------------------------------------------------------------------
                      8 Rock                                                
                     Samples   15,700 to                          less than
Tell Zone       (Ferricrete)      24,900   401 to 604    8 to 30  0.2 to 0.4
----------------------------------------------------------------------------



Of significance, there is a large zone of abnormally stunted vegetation, also
known as a "kill zone", which is framed by the known gossans. These zones often
develop due to high acidity in soils as well as high metal contents that can be
related to underlying sources of mineralization. The core of this kill zone is
approximately 1 km long in an east-west direction with widths varying between
100 to 500 meters. 


In 2005, a small grid of soil sampling centered around the main Tell gossan was
performed, consisting of 4 lines, 100 meters apart and with sampling every 25
meters along each line. This outlined a zone 400 meters by 400 meters with
anomalous zinc values above 100 ppm (parts per million), with a core area
roughly 240 meters by 75 meters with values ranging between 10,000 to 49,600 ppm
(1 to 5%) zinc, and a coincident 250 to 2600 ppm (0.26%) nickel anomaly. Barium,
cobalt and silver were also found to be anomalous in various parts of the grid.
(NR-11-11 - August 22/11 and NR 12-14 - September 14/12)


In 2012, an induced polarization surface geophysical survey grid was established
to cover the area of the main gossan trend and associated kill zone. The survey
outlined a large zone of low electrical resistivity, or conductivity (800 meters
in length by 150 to 250 meters in width) with a coincident chargeability anomaly
(500 meters by 100 meters in width). Both the conductivity and chargeability
anomalies extend to the maximum survey depth (to 400 meters), and also extend
beyond the actual grid, and remain open (NR-12-14, September 14, 2012).


Preliminary field mapping of the target area to date has not identified any
geological unit at surface that could be responsible for the metal signatures or
geophysical anomalies revealed by the surveys, and it is interpreted that a
shallow metal bearing massive sulphide VMS/Sedex type target may be the source
of the anomalies. This interpretation is supported by extensive historical
regional work identifying both volcanic rocks and exhalative units in the
region. 


The correlation of the zones of high conductivity and chargeability with known
gossans, the extensive vegetation kill zone and known metal signatures found in
all gossans and in the soil grid all support a priority drill target, and also
suggests that further work regionally should be undertaken to identify
additional targets. A presentation of the project can be found at www.manson.ca.


In March 2014, Manson Creek entered into an Letter of Intent agreement with
Guatavita Gold Corp., a private non-arm's length company, to create a Strategic
alliance to conduct further exploration at the existing Tell property and
regionally (NR 14-02, March 20, 2014). The Guatavita/Manson (or "Guaman")
alliance is anticipating a two phase program of regional and focused exploration
to advance the project to and through the drill stage, subject to completion of
the previously announced financing. Total program expenditures are anticipated
to be $1 million dollars in two stages, for which Guatavita may earn a 50%
interest in the Manson Property by contributing $650,000 of the expenditures, at
which point a Joint Venture will be formed. The project operator is Manson.


The 2014 exploration program consists of a first phase regional airborne
helicopter supported Mag/EM geophysics aimed at defining the extent of the Tell
conductor, as well as identifying any similar conductors in the region. This
work will be followed up with ground checking, mapping and sampling of any new
conductors, as well as completion of an extensive soil grid over the remainder
of the Tell target that was not previously fully covered with systematic
sampling. This first phase of work is currently budgeted at $368,000, and
subject to financing being in place, is estimated to take place between May and
June. The second phase of work will consist of drill testing of the large
untested conductor with a minimum program of 800 meters of diamond drilling, in
a minimum of four drill holes across the coincident zone of
conductivity/chargeability and surface gossan formation. This second phase of
work is currently budgeted at $632,000, and is anticipated to take place
mid-July to mid-August. The program has been fully permitted.


Pursuant to TSX Venture Exchange policies, Manson will be commissioning an
independent technical report prepared in accordance with NI 43-101, which will
be filed on SEDAR once completed. This is required as part of the Exchange
approvals required for the LOI transaction with Guatavita Gold Corp. on the Tell
property as announced on March 20th 2014, and subsequent announcement of the
financing and restructuring of the Company as announced on March 26, 2014. This
report is to be completed by the end of June, 2014.


It is anticipated that the restructuring announced by the Company will be
completed within the next week, and the financing closing on a post
consolidation basis shortly thereafter.


Samples were forwarded to the Eco Tech Laboratory Stewart Group in Whitehorse,
Yukon for analysis. The Stewart Group Lab are an independent certified
commercial laboratory All of the soil and rock samples were analyzed using
inductively coupled plasma (ICP) together with mass spectrometry (MS) finish.
Gold was analyzed by a fire assay preparation with an atomic absorption
spectroscopy finish.


The President of Manson Creek Resources Ltd., Jean-Pierre Jutras, P.Geol., is
the Qualified Person responsible for the preparation of this news release.


On Behalf of the Board of Directors, 

Jean-Pierre Jutras, President/Director

The TSX Venture Exchange has neither approved nor disapproved of the contents of
this press release.


Except for the historical and present factual information contained herein, the
matters set forth in this news release, including words such as "expects",
"projects", "plans", "anticipates" and similar expressions, are forward-looking
information that represents management of Manson Creek's internal projections,
expectations or beliefs concerning, among other things, future operating results
and various components thereof or the economic performance of Manson Creek. The
projections, estimates and beliefs contained in such forward-looking statements
necessarily involve known and unknown risks and uncertainties, which may cause
Manson Creek's actual performance and financial results in future periods to
differ materially from any projections of future performance or results
expressed or implied by such forward-looking statements. These risks and
uncertainties include, among other things, those described in Manson Creek's
filings with the Canadian securities authorities. Accordingly, holders of Manson
Creek shares and potential investors are cautioned that events or circumstances
could cause results to differ materially from those predicted. Manson Creek
disclaims any responsibility to update these forward-looking statements.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Manson Creek Resources Ltd.
Jean-Pierre Jutras
1.403.233.0464
www.manson.ca

Manson Creek Resources Ltd. (TSXV:MCK)
Historical Stock Chart
From Apr 2024 to May 2024

Manson Creek Resources Ltd. (TSXV:MCK)
Historical Stock Chart
From May 2023 to May 2024