Bay Street News

Vendome Resources Samples Up to 28% Manganese at Clinton Manganese Property in British Columbia, Canada

VANCOUVER, BRITISH COLUMBIA–(Marketwired – Nov. 2, 2016) – Vendome Resources Corp. (TSX VENTURE:VDR)(FRANKFURT:9VR) (“Vendome” or “the Company”) is pleased to announce assay results from July-August 2016 geological, geochemical and geophysical work completed at its 100% owned Clinton Manganese Property located near Clinton, British Columbia. Combined with a ground magnetometer geophysical survey, a total of 10 rock samples and 80 soil samples were collected from three claims (MN2, MN3, and MN4). The results not only confirmed the presence of anomalous values of manganese in rock and soil samples but also helped in generating targets for further exploration work on the property.

Highlights of the sampling program are:

  • Manganese (Mn) values of eight rock samples from MN4 claim are in the range of 0.69% to 28% with an average of 10.93% Mn.
  • Two rock samples from MN2 claim showed 1130 ppm (parts per million) and 1150 ppm manganese respectively.
  • Soil samples assayed using mobile metal ions (MMI) technique indicated zones of anomalous manganese values in various areas.
  • Some of the soil manganese anomalies are coincidental with higher magnetic values.
  • Manganese bearing mineralization is hosted in silicified, hematitic red phyllites that have interbedded ferruginous chert.

The exploration work was carried out during July-August 2016 and was contracted to Andris Kakuka a professional geologist registered with Association of Professional Engineers and Geoscientists of British Columbia (APEGBC). Details of rock samples are provided in the table at the end of this press release and the exploration maps can be viewed at the Company’s website.

All the samples were shipped to SGS Canada Laboratories in Burnaby, British Columbia. The rock samples were assayed using GE_ICP 40B – Multi-Acid (4 Acid) digestion / ICP-AES Package. The soil samples were analyzed using SGS Laboratories proprietary MMI-M5 analytical procedure. In this technique, target elements are extracted using weak solutions of organic and inorganic compounds and analyzed through ICP-MS Dynamic Reaction Cell™ (DRC II™).

The technical information contained in this news release has been reviewed and approved by Afzaal Pirzada, P.Geo., a qualified person, as defined by NI 43-101 who works as a consultant with the Company.

Vendome is a mineral exploration company located in Burlington, Ontario, Canada. Our primary focus is to acquire “near-term production” exploration mining projects and existing producers. Vendome Resources Corp. is managed by an experienced team of mining professionals with extensive operating and financial experience.

ON BEHALF OF THE BOARD OF DIRECTORS OF VENDOME RESOURCES CORP.

W. John Priestner
President and Chief Executive Officer

Cautionary Note Regarding 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.

This news release contains “forward-looking information” including statements with respect to the future exploration performance of the Company. This forward-looking information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements of the Company, expressed or implied by such forward-looking statements. These risks, as well as others, are disclosed within the Company’s filing on SEDAR, which investors are encouraged to review prior to any transaction involving the securities of the Company. Forward-looking information contained herein is provided as of the date of this news release and the Company disclaims any obligation, other than as required by law, to update any forward-looking information for any reason. There can be no assurance that forward-looking information will prove to be accurate and the reader is cautioned not to place undue reliance on such forward-looking information.

Table: Rock Samples Details

Sample ID Zone
Name
Sample Location
NAD 1983 Zone 10
Elev
(m)
Sample
Type
Manganese
(Mn) %
Lithology
Easting Northing
16 Mn4 01 Mn 4 594003 5658313 1111 outcrop 1.86 red quartzite, chert, phyllite
16 Mn4 02 Mn 4 594032 5658315 1083 angular float 8.39 red quartzite, chert, phyllite
16 Mn4 03 Mn 4 593998 5658382 1135 outcrop 21.60 red quartzite, chert, phyllite
16 Mn4 04 Mn 4 593979 5658393 1137 outcrop 14.10 red quartzite, chert, phyllite
16 Mn4 05 Mn 4 593902 5658513 1198 angular float 2.18 red quartzite, chert, phyllite
16 Mn4 06 Mn 4 593997 5658353 1127 outcrop 0.69 red quartzite, chert, phyllite
16 Mn4 07 Mn 4 593991 5658368 1130 outcrop 10.60 red quartzite, chert, phyllite
16 Mn4 08 Mn 4 593991 5658378 1131 angular float 28.00 red quartzite, chert, phyllite
Average % Mn 10.93
Vendome Resources Corp.
W. John Priestner
President and Chief Executive Officer
info@vendomeresourcescorp.com