| | March 25, 2008
Quinto Drills 348 metres at 29.89% Fe at Lamelee
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| | Vancouver, BC, March 25, 2008 --Quinto Mining is pleased to release the results of the final three holes that were drilled at our Lamelee deposit in 2007. As with previously released drill results at Lamelee, the three newest holes continue to demonstrate exceptionally long intersections of mineralization. As previously stated, Quinto Mining believes that the Lamelee property is expected to exceed the Peppler Lake deposit in size and grade.
Hole number |
from (m) |
to (m) |
length (m) |
Fe% |
L-15-07 |
6 |
354 |
348 |
29.89 |
L-26-07 |
1 |
261 |
260 |
31.03 |
L-27-07 |
6 |
174 |
168 |
29.64 |
We are awaiting assays from the final holes that were drilled at Peppler Lake in 2007. We will make them available as soon as they are received.
R. J. Nethery P. Eng. is the qualified person for the Peppler Lake project.
About the Company
Quinto Mining Corporation (QU) is a junior mining exploration development company with two advanced projects in the Province of Quebec. The Peppler Lake Iron Ore project is located in the Mont-Wright region of North Central, Quebec, approximately half way between the mining towns of Gagnon and Fermont. The Lac Gueret graphite project is located 300km North Northwest of Baie Comeau along the Southwest shore of Reservoir Manicouagan. Further information is available at www.quintomining.com
Forward Looking Information
Certain information regarding the Company set forth in this press release, including the use of proceeds, and management's assessment of the Company's future plans and operations contain forward looking information that involve substantial known and unknown risks and uncertainties. The forward looking information is subject to numerous risks and uncertainties, some of which are beyond the Company's and management's control, including but not limited to, the impact of general economic conditions, industry conditions, fluctuation of commodity prices, fluctuation of foreign exchange rates, imperfection of reserve estimates, environmental risks, industry competition, availability of qualified personnel and management, stock market volatility, timely and cost effective access to sufficient capital from internal and external sources. The Company's actual results, performance or achievement could differ materially from those expressed in or implied by, the forward looking information and accordingly, no assurance can be given that any of the events anticipated to occur or transpire form the forward looking information will provide any benefits to the Company.
For further information please contact:
Frank Chaid:
Quinto Mining
(604) 952-0900
quinto@dccnet.com
www.quintomining.com
Elric Martinez
Lippert/Heilshorn & Associates, Inc.
(212) 838-3777
emartinez@lhai.com
ON BEHALF OF THE BOARD OF DIRECTORS OF
QUINTO MINING CORPORATION
_____________________________
Tyrone Docherty
President |
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| | You can view the Next News Releases item: Wed Apr 16, 2008, Quinto Receives Final Assays on Peppler 2007 Drill program
You can view the Previous News Releases item: Tue Feb 5, 2008, Quinto receives updated NI 43-101 report increasing tonnage by 20% at Peppler Lake Lamelee deposit expected to exceed Peppler Lake in size and grade
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