Mistango Adds Drills

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Mistango River Resources (CNSX:MIS) provides the following update on their 100% owned Omega property.

Drilling on the Omega Property, Larder Lake area, McVittie Township, Ontario.

Two additional drills have been added to the drilling at Omega. The new drills are capable of drilling deep holes and will be used to test the deeper parts of the property while the smaller drill continues to drill in the potential open pit area.

To date the company has completed 8 diamond drill holes but only assays from the first hole have been received. Hole No. OM-11-01 intersected a new gold zone, 100m in the hanging wall of the old workings of the past producing Omega Mine that has similar geology to the previously mined ore bodies. The mineralization intersected is 15% disseminated pyrite in altered intermediate volcanic rocks on the hanging wall of sheared and altered ultramafic rocks. A table of composite assays is listed below.

Mistango River Resources Inc. Table 1: 2011 Drilling : Omega Property: McVittie Twp ON- Significant Assay Composites

Hole #

Section
 
Zone
 
From (m) To (m) Width (m)


Assays Au (g/t)

Depth (m) Mineralization
Type
Alteration

OM-11-01 

700W

21

249.0 272.0 23.0 0.94 225

Py-“Flow Ore”

 Sil-ser
259.0 266.0 7.0 2.68 incl.

Py-“Flow Ore”

 Sil-ser
263.0

266.0

3.0 4.06 incl.

Py-“Flow Ore”

 Sil-ser
264.0

266.0

2.0 5.09 incl.

Py-“Flow Ore”

 Sil-ser

Note: intersection is 60% of true width;Py-pyrite; sil-silica;ser-sericite; “Flow-Ore”- mineralization containing 15% disseminated pyrite with similar geologically to the past producing Kerr Addison Mine which is located along the Larder Lake-Cadillac Break approximately 10 km to the east.

 

QA/QC was followed in sampling the core. The core is sawed in half for sampling. Standards, blanks and duplicates were inserted into the stream of core samples every 20 m. The core was assayed at Expert Laboratory Inc. at Rouyn-Noranda, QC using 30 gram samples. The core samples were analyzed using the fire assay method and AA finish. Assays of 1 g/t Au and greater are reassayed using the gravimetric method. Fred Sharpley, P.Geo is the QP for the Omega Property.
These results are very encouraging as this is a new Gold zone previously undetected. The hole was drilled with the smaller drill using BTW core and was unable to reach the other main Gold Zones.
Mistango River Resources is a Canadian-based junior mining and exploration company focused on existing projects in Ontario and Quebec. Mistango River Resources is listed for trading on the Canadian National Stock Exchange (the "CNSX") under the trading symbol “MIS”.

For further information please contact:
Robert J, Kasner,
President and CEO
Telephone: 1 705 567 5351
E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.
www.mistangoriverresources.com

Or view the company's filings at www.sedar.com

The CNSX has not reviewed and does not accept responsibility for the adequacy of this release.