Vancouver, British Columbia – TheNewswire – April 2, 2024 – Manning Ventures Inc. (the “Company” or “Manning”) (CSE: MANN); (Frankfurt: 1 hour and five minutes); (OTC: MANVF) is pleased to announce that the first phase of exploration is underway at its Copper Hill project, in modern Walker Lane, Nevada, USA. U. S.
Geological personnel are on-site and performing paints on the first phase of the phased exploration program at the Copper Hill Project in Walker Land Trend, Nevada, USA. The first phase of target generation paints is comprised of detailed geological mapping, soil geochemistry, and a property-scale gravity study. These systems will be incorporated to enlarge a complete picture of the project. The effects will be combined with all the available ancient knowledge to delineate target spaces that can be tested by sampling and opposing flow drilling.
The geological mapping will load details into the geological map of all assets completed in the early 2000s. Copper Hill centers on a Jurassic Age quartz monzonite porphyry that is introduced into the surrounding Triassic Luning limestone, which is then crossed through a variety of intrusive zones. Porphyry-related gold-bearing copper and skarn mineralization occur at intrusive-limestone contacts and along fault zones in the intrusive.
A detailed mapping will make it possible to define:
The extent and location of skarn mineralization.
Zoning delineation of the main skarn mineralization points, around old mines and other sites of the assignment with copper and gold anomalies in the geochemistry of the rocks.
Delineation of porphyry-copper alteration zoning that may provide a vector to a hidden porphyry-copper target.
A soil geochemistry program is being established to bring together approximately 220 soils to model rock/skarn contact zones, fault zones interpreted from a terrestrial magnetic survey, and spaces covered with shallow colluvial gravel. The sites are each spaced 61 meters (200 feet) apart in north-south lines spaced 300 feet (91 meters) apart. The patterns are arranged to delineate and enlarge the zones of anomalous and high-grade copper, gold, and molybdenum mineralization modeled in the ancient rock chip patterns. He analyzed a 4-acid digestion method that will analyze economic minerals as well as track minerals that are known to be related to porphyry-related SKARN mineralization (silver, zinc, bismuth, and tin).
The gravitational geophysics program will help determine the extent of intrusive and calcareous rocks. The sampling sites are arranged in such a way as to provide enough elements to show the density contrasts between the other lithologies. This will provide insights to delineate the other types of rocks and delineate the orientations of fault zones at depth, below the surface.
Image 1: Geology of Cerro del Cobre with Cu in the rocks
The Company will follow the program as it evolves in the coming weeks.
About the Copper Hill Project
Copper Hill hosts copper-gold-molybdenum mineralization in porphyry and skarn-type deposits in Mineral County, Nevada. The assets are comprised of 66 mineral claims covering a 2. 3-mile domain. The assets are 22 miles north of Hawthorne, Nevada and are available via well-maintained county roads.
The project focuses on an intrusive Jurassic era quartz monzonite porphyry from Triassic era Luning limestone. The claims cover 2. 3 square miles and are 33 miles east of the Yerington Copper District, which is home to the Yerington Copper Mine (Anaconda 1952-1978). , the Ann Mason Deposit, the Bear Deposit, the MacArthur Deposit, and the Pumpkin Hollow Mine.
Historically, at Copper Hill, high-grade copper was extracted from underground skarn holes and porphyry-copper mineralization at the Copper Mountain mine. Between 1914 and 1926, the Copper Mountain Mine produced approximately one million pounds of copper from shallow underground workings. . Historical reports from the production period describe contact skarn-type mineralized zones and porphyry-type mineralization with copper grades ranging from 3. 5% to 11. 0%*.
*Historical mining data has been summarized from an “Unpublished Report on the Carson Sink, Nevada Area, by F. C. Schrader, U. S. Geological Survey (fieldwork 1911-1920) 1947”. Manning Ventures warns investors that old E&P data is believed to be accurate, but has been verified by a qualified person.
The bureaucracy of Copper Hill’s mineralizing formula is a topographic summit surrounded and partially overlapped by younger volcanic rocks. Known mineralization at Copper Hill is bornite, chalcocite, chalcopyrite, chrysocolla, local copper, covellite, cuprite, gold, malachite, molybdenite, silver, sphalerite. (rare) and tetrahedrite.
The Copper Mountain domain was explored between 1959 and 1979 through the Idaho Minning Corp. and Walker-Martel, who performed floor geophysics, subsurface mapping and prospecting and reported 6,000 feet of rotary drilling. Since then, magnetic studies have been conducted on the floor in 2007.
Rock sampling collected at that time yielded decided sample values of 7. 2% and 12. 7% copper and 1. 06 g/t gold and 1. 19 g/t gold, respectively.
The Copper Hill deposit is a porphyry-type copper, molybdenum and gold deposit.
Warren Robb, P. Geo. , is the designated qualified person as explained in National Instrument 43-101 and is responsible for the technical data contained in this release.
About Manning
Manning Ventures is a mining exploration and development firm focused on metals and materials critical to the developing energy metals sector. Manning’s project portfolio focuses on copper in Nevada, lithium/copper in Ontario and Quebec, as well as several iron ore projects in Quebec.
For information, please contact:
Manning Ventures Inc.
Alex Klenman – CEO
Phone: (604) 681-0084
www. manning-ventures. com
FORWARD-LOOKING STATEMENTS
The Canadian Securities Exchange does not accept the adequacy or accuracy of this release.
Certain matters involved in this press release would likely involve forward-looking data (within the meaning of Canadian securities legislation), including, without limitation, the payment by the Company of the value of the restructuring during the option term, the grant of the net foundry royalty profit to the Optionor. Array and the payment through the Company of the minimum annual invoices to the Optionor. These relate to long-term occasions and situations and, as such, involve known and unknown risks, uncertainties and other points, which would possibly cause the actual effects, functionalities or achievements to be materially different from the long-term effects, functionalities or achievements expressed or implied in s. Forward-looking statements speak only as of the date on which they are made. Although the Company believes that the expectations expressed in such forward-looking statements are based on conservative assumptions, they are not promises of long-term functionality and actual effects could differ materially from those indicated in the forward-looking statements. Factors that could also cause actual effects to differ materially from those in the forward-looking statements arise from regulatory actions, market values and the continued availability of capital and financing, as well as general economic, market or business situations. Investors are cautioned that such announcements are not promises of long-term functionality and that actual effects or developments would likely differ materially from those projected in the forward-looking announcements. Forward-looking statements are based on the Company’s beliefs, estimates and reviews of control as of the date they are made. Except as required by applicable law, the Company assumes no legal responsibility to update or publicly announce the effects of any adjustment to any forward-looking statements involved in or incorporated by reference herein to reflect actual effects, timing or long-term developments. , adjustments in assumptions, or Adjustments in other points that affect the projections. If the Company updates any forward-looking advertisements, no inference should be drawn that it will make any further updates with respect to those or any other forward-looking advertisements.
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