(TheNewswire)
Vancouver, British Columbia, July 16,2024 – TheNewswire – Manning Ventures Inc. (the “ Company ” or“ Manning ”) (CSE: MANN; Frankfurt: 1H5) is pleased to report that it hascompleted property scale geological mapping on the Copper Hill Projectlocated within the Walker Lane Trend, southern Nevada, USA.
The geological mapping program identified four primaryrock units within Triassic Luning limestone which was intruded by aJurassic igneous complex which was then overlain by Neogene ageVolcanic rocks and Quarternary aged unconsolidated gravels. Comparison of the geophysical interpretations and surfacegeochemical sampling results announced previously (July 8, 2024) withthe current geological mapping indicates a series of west-northwestand northwest trending structural fabrics providing the primarycontrols to copper mineralization at Copper Hill. The northwest faultsand associated magnetic and gravity linears represent structuralbreaks and pathways for mineralizing fluids as witnessed by theelevated copper values returned within these zones.
Skarn-type alteration and mineralization is foundthroughout the Mesozoic limestone and igneous rocks. It occurs in twoprominent geologic settings on the copper hill property see figure1.
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Limestone-granodiorite contact
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Along northwest and west-northwest trending faults andfault zones; dominantly in the Jurassic igneous rocks with lessintense, more distal-type skarn-type alteration in the Triassic LuningLimestone.
Mineralization Controls
The mapping and compilation of all exploration data atCopper Hill outlines an untested, highly prospective, copper/goldbearing skarn target. Potential may exist for a porphyry type copperdeposit to be found deep beneath Copper Mountain or beneath thecovered southeast intrusive. Additionally, porphyry-related veins andlocal chloritic and sericitic alteration is found along thesenorthwest trends.
Two exploration corridors termed the Northern Zone andthe Southern Zone outline areas with over 1500 meters (>5,000 feet)of strike length which host significant, intense skarn alteration andelevated copper values (0.5 to >1.0% copper).
The most significant features on the west-northwesttrends are:
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Northern Zone
1. Correlates with northern copper in soils anomaly
2. Aligns with garnetite, copper-bearing zones
3. Aligns with larger dikes of diorite
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Southern Zone
1. Adjacent to deepest historic mineralization andproximal to historic shallow, near surface mines (limestone host inhistoric mine area is likely very thin and gets wider and thickermoving to southeast).
2. Aligns with gravity trend indicatingLimestone/intrusive contact connecting southeast to “SE” buriedintrusive.
3. Northern end of southern zone associated withhigh-grade surface sampling and historic mining of garnetite andmassive magnetite skarn zones.
4. Correlates with southern high copper in soilsanomaly.
“We’re pleased with the results to date at CopperHill,” said CEO Alex Klenman. “Coincident data sets are guiding ustowards drill targets. With the delineation of two sizableexploration corridors, we have significant areas marked for continuedwork programs. We are eager to begin drilling and these results willaid our technical team in determining where that advanced phase ofwork will commence,” continued Mr. Klenman.
The Company has now accumulated substantial pre-drill data and is inthe final stages of planning an initial drill program at Copper Hill. Details will be announced shortly.
Figure 1: Copper Hill Geology withGravity and Ground Mag Interpretation Copper Hill
Figure 2: Copper Hill Geology withTarget Corridors
Image 3: Location of Copper Hill,Walker Lane Trend, Nevada, USA
About the Copper HillProject
Located within the prolific Walker Lane trend in southern Nevada,Copper Hill is situated one of the premier jurisdictions for preciousmetals mining in the world. Historic endowment within Walker Laneincludes 50Moz Au, 700Moz Ag, and 4Mt Cu. Copper Hill hostscopper-gold-molybdenum mineralization in both porphyry and skarnstyled deposits in Mineral County, Nevada. The property consists of108 mineral claims covering an area of 893-ha, located 22 miles northof Hawthorne, Nevada and is accessible using well-maintained CountyRoads.
The Project is centered on a Jurassic Age quartz monzonite porphyryintruding Triassic age Luning Limestone. The claims cover 2.3 sq milesand are 33 miles east of the Yerington Copper District which hosts theYerington Copper Mine (Anaconda 1952-1978), Ann Mason Deposit, BearDeposit, MacArthur Deposit, and the Pumpkin Hollow Mine.
Historically at Copper Hill, reported high-grade copper was mined fromunderground shafts from skarn and porphyry-copper styledmineralization at the Copper Mountain Mine. Between 1914 to 1926mining from the “Copper Mountain Mine” produced an estimated1,000,000 pounds of copper from shallow underground workings. Historicreporting from the period of production describes ore zones of contactskarn- type and porphyry-type mineralization with shipping gradesranging from 3.5 to 11.0% copper*.
*Historic Mining information wassummarized from an “Unpublished Report on the Carson Sink Area,Nevada by F.C. Schrader, U.S. Geological Survey (Field work 1911-1920)1947”. Manning Venturescautions investors that the historic exploration and productioninformation is believed to be accurate but has not been verified by aqualified person.
The Copper Hill mineralizing system forms a topographic high surrounded and partially covered by youngervolcanic rocks. Mineralization identified at Copper Hill are bornite,chalcocite, chalcopyrite, chrysocolla, copper-native, covellite,cuprite, gold, malachite, molybdenite, silver, sphalerite (rare), andtetrahedrite.
The Copper Mountain area was explored between 1959 to 1979 by IdahoMinning Corp. and Walker-Martel who conducted ground geophysics,underground mapping, prospecting and reported 6000 feet of Rotarydrilling. Since that time ground magnetics were conducted in 2007.
Rock sampling collected at this time returned values from selectsamples of 7.2% and 12.7% copper and 1.06 g/t gold and 1.19 g/t goldrespectively.
Warren Robb P.Geo., is the designated Qualified Personas defined by National Instrument 43-101 and is responsible for thetechnical information contained in this release.
AboutManning
Manning Ventures is a mineral exploration anddevelopment company focused metals and materials critical to thegrowing Energy Metals space. Manning’s project portfolio is focusedon Copper in Nevada, Lithium/Copper in Ontario and Quebec, andmultiple Iron Ore projects in Quebec.
For furtherinformation contact:
Manning Ventures Inc.
Alex Klenman - CEO
Email: info@manning-ventures.com
Telephone: (604) 681-0084
www.manning-ventures.com
FORWARD LOOKING STATEMENTS:
The Canadian Securities Exchangedoes not accept responsibility for the adequacy or accuracy of thisnews release.
Certain statements in this pressrelease may contain forward-looking information (within the meaning ofCanadian securities legislation), including, without limitation, theCompany’s payment of the Exercise Price during the Option Term, thegranting of the net smelter return royalty to the Optionor, and theCompany’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 bematerially different from any future results, performance, orachievements expressed or implied by the statements. Forward-lookingstatements speak only as of the date those statements are made.Although the Company believes the expectations expressed in suchforward-looking statements are based on reasonable assumptions, suchstatements are not guarantees of future performance and actual resultsmay differ materially from those in the forward-looking statements.Factors that could cause the actual results to differ materially fromthose in forward-looking statements include regulatory actions, marketprices, and continued availability of capital and financing, andgeneral economic, market or business conditions. Investors arecautioned that any such statements are not guarantees of futureperformance and actual results or developments may differ materiallyfrom those projected in the forward-looking statements.Forward-looking statements are based on the beliefs, estimates andopinions of the Company's management on the date the statements aremade. Except as required by applicable law, the Company assumes noobligation to update or to publicly announce the results of any changeto any forward-looking statement contained or incorporated byreference herein to reflect actual results, future events ordevelopments, changes inassumptions, or changes in other factors affecting the forward-lookingstatements. If the Company updates any forward-looking statement(s),no inference should be drawn that it will make additional updates withrespect to those or other forward-looking statements.
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