TORONTO,
March 8, 2012 /PRNewswire/ -
(TSXV: SSM) (BVL: SSM) Sunset Cove Mining today reports that
it's ground team working at Carolay has found a fourth structure
called Carolay 2. This new structure is found parallel to the
Carolay vein (310° of azimuth) but with a different inclination
equal to 78° to the northeast.
"This new structure which is located above the
Carolay Vein has confirmed our belief that the anomaly identified
by the I.P. work completed in 2010 and measured 200-meters
contained numerous structures that we hoped would be mineralized,"
said Lorne Woods president of
Sunset.
This structure was found in an ancient work that
is located near the surface. It is located 65 meters from the
Carolay adit. It is composed of veinlets of silver sulfide,
galena and sphalerite associated with Fe and Mn oxides, as well as
the mineralogy of the Carolay vein.
This Carolay 2 vein was sampled in a adit 20
meters long and systematic channel samples spaced every two meters.
The results reported 57.00g/t silver, 0.05% Cu, 0.19% Pb and 0.41%
Zn with an average width of 0.84 meters. The width of this
structure varies from 0.51 to 1.38 meters.
"It is becoming apparent to the geological team,
led by Carlos Villon, that the drilling program currently underway
should return some interesting results," said Mr. Woods
Please see the attached map for more details.
Quality Assurance - Quality Control
The Carolay property exploration program is under the
supervision of Mr. Alain-Jean Beauregard
P.Geo. of Geologica Inc. an independent consultant and
Qualified Person as designated by National Instrument 43-101 who
has reviewed the technical content of this release. Mr. Bratzon
Salvador, Operations manager, supervises exploration at
Sunset Cove's projects. All
technical information for the company's projects is obtained and
reported under a formal quality assurance and quality control
(QA/QC) program.
About Sunset
Cove
Sunset Cove Mining Inc., is a dynamic Canadian
junior mineral exploration and development company dedicated to
driving shareholder value through the economical acquisition,
exploration and development of precious metals and copper
properties in proven Latin American locations to the point where
they become attractive joint venture or acquisition targets.
Sunset Cove is in Peru now, because now is the time to be in
Peru, and has a wholly owned
Peruvian subsidiary, Minera Sunset Del Peru S.A.C based in
Lima, and is building a Peruvian
mining portfolio in precious metals and copper, with two properties
under contract.
Forward-Looking Statements
Some of the statements contained herein may be
forward-looking statements that involve known and unknown risks and
uncertainties. Results presented in this press release are
exploratory in nature. Historical data, if mentioned, should not be
relied upon, as they are not admissible under NI 43-101 rules and
the Company has not conducted sufficient testing to verify this
type of information. Without limitation, statements regarding
potential mineralization and resources, exploration results, and
future plans and objectives of the Company are forward-looking
statements that involve various degrees of risk. The following are
important factors that could cause the Company's actual results to
differ materially from those expressed or implied by such
forward-looking statements: changes in the world-wide price of
mineral commodities, general market conditions, risks inherent in
mineral exploration, risks associated with development,
construction and mining operations, the uncertainty of future
profitability, and the uncertainty of access to additional capital.
Sunset Cove disclaims any
obligation to update any such forward-looking statements.
"Neither TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this release."
SOURCE SUNSET COVE MINING
INC.
Image with caption: "Map of Carolay 4 and 2 (CNW
Group/SUNSET COVE MINING INC.)".
Image available at:
http://photos.newswire.ca/images/download/20120308_C2694_PHOTO_EN_10948.jpg