Feb 13, 2008
Saturn Minerals Discovers Molybdenum Mineralization On Robin Property
Vancouver -- Wednesday, February 13, 2008 -- Saturn Minerals Inc. -- SMI: TSX.V ("Saturn") has received the results of a surface exploration program undertaken during 2007 on the Robin property, located approximately 28 km NE of the town of Atlin, NW British Columbia. The Robin property was acquired during 2007 by way of staking and consists of 3 contiguous tenures totaling 978.5 hectares (see map). Access to the property from Atlin is by paved road (10km) and by gravel road (approximately 18km). The property is underlain by granodiorite and quartz monzonite of the Fourth of July Creek Batholith.
Reconnaissance rock sampling completed in the summer of 2007 by Saturn resulted in the discovery of molybdenum mineralization on the Robin property. Twelve of thirteen samples taken on the slopes of Steamboat Mtn., on the western part of the Robin property, were analysed by ICP method and returned elevated concentrations of molybdenum (Mo). Seven selected high-grade samples were assayed for Mo and returned values ranging from 0.075% to 1.15%. The highest Mo values (0.343%, 0.426%, 0.932% and 1.15%) are related to veins of coarse, milky, sometimes drusy quartz hosted by coarse to medium crystalline quartz monzonite. Moderately elevated molybdenum values are reported from fractured intrusives. The samples were also assayed for tungsten (W) and the highest assays range from 0.011% to 0.161%.
The Robin property was staked in the summer of 2007 as a possible extension of the zone of tungsten mineralization previously discovered in the northeastern part of Saturn's nearby Wheelbarrow property (See Saturn's News Release dated September 5, 2007). The Wheelbarrow zone adjoins Adanac Molybdenum Corp.'s Ruby Creek molybdenum deposit and is characterized by elevated molybdenum and rare earth element values.
The Robin property is located 5-7 km from the Ruby Creek molybdenum deposit. The molybdenum-rich quartz veins on the Robin property strike predominantly from north to south, and less frequently from east to west. Most of the veins display steep to vertical dips, but some of them dip at shallow angles toward the ESE. Fractures in the wall rock also host molybdenum mineralization. Molybdenum mineralization on the Robin property is hosted by different intrusive rocks than those on the Ruby Creek deposit but the quartz vein association is common to both properties. The area around the Robin property is under explored; however a MINFILE molybdenum showing is known to occur nearby in the intrusives of the Fourth of July Creek Batholith.
Subsequent to receipt of the above noted assays, Saturn has acquired by staking, an additional 652 hectares adjacent to the Robin property (see map), in order to extend the western limits of the Robin property. In the coming field season Saturn plans to continue with an expanded exploration program in order to determine the character and extent of mineralization on the property.
Krzysztof Mastalerz, Ph.D., P.Geo., a qualified person under 43-101 standards, has prepared and approved the technical information contained in this release.
SATURN MINERALS INC.
Mike Elson, President
Forward-looking statements -- statements included in this news release that are not historical facts may be considered "forward-looking statements". All estimates and statements that describe the Company's objectives, goals or future plans are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties where actual results could differ materially from those currently anticipated.
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
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