Miocene Metals Reports First Drill Intersection from Large Molybdenum Mineralized System on Salal Property

- December 1st, 2011

Miocene Metals Ltd. (TSXV:MII) announced it has intersected molybdenum from its British Columbia-based Salal property.

Miocene Metals Ltd. (TSXV:MII) announced it has intersected molybdenum from its British Columbia-based Salal property.

As quoted in the press release:

Hole MSA-003, one of two holes completed as part of the summer program returned 20.6 metres of 0.057% Mo, 0.46 g/t Ag and 0.035 ppm Re including 4.8 metres of 0.207% Mo, 1.02 g/t Ag and 0.109 g/t Re. The intersection was made within a 145.5 metre interval grading 0.02% Mo.

Miocene’s President and CEO, Bruce Jago said:

We are pleased to have pulled our first drill intercept from this property, which contains a very large mineralized system.

Click here for the Miocene Metals Ltd. (TSXV:MII) press release.

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