Meritus intersects 16.0 meters of 7.73 g/t gold at Gutain Davaa

Nov 05, 2010 (TheNewswire.ca via COMTEX) -- (via Thenewswire.ca)



NEWS RELEASE



MERITUS INTERSECTS 16.0 METRES OF 7.73 G/T GOLD AT GUTAIN DAVAA



November 5TH , 2010



Vancouver, B.C.: Meritus Minerals Ltd. (MML) (TSX-V - MER) has received additional analytical results from its diamond drilling program on the Toordogiin Shil Prospect, Gutain Davaa Project in northern Mongolia.



Two of the holes reported have substantial intersections of strong gold mineralization, i.e. 16.0 metres of 7.73 g Au/t in TSD010 and 10.7 metres of 7.21 g Au/t in TSD008. Thicknesses of mineralized sections noted represent drilled thicknesses and approximate true thicknesses although the complexity of the geology does not allow for accurate measurement of true thicknesses at this early stage in the program. Both holes contain narrow very high grade zones within the broader mineralized zones. The thicker intersections noted above and in the following table include assays to a cutoff of 0.25 g/t gold. Full results from five of the holes reported are listed in the table below.



Two other short holes, TSD015 and TSD016, were drilled in opposite directions on the same section approximately 200 metres south of the main mineralized zone to test a strong gold anomaly in soils. These failed to intersect favourable geology or any evidence of gold mineralization. Further work is therefore required to explain the strong geochemical anomaly.



GOLD ASSAYS FROM DIAMOND DRILL HOLES



TOORDOGIIN SHIL PROSPECT, GUTAIN DAVAA PROJECT



 




HOLE             UTM    GRID           Azimuth   Angle   From     To       Width   Gold (g/t)
Number East North (m) (m) (m)
TSD008 308 082 065 -50 9.90 20.60 10.70 7.21
including 12.00 15.00 3.00 12.24
and 17.50 19.70 2.20 15.93
TSD009 293 121 065 -50 9.60 13.60 4.00 0.25
56.00 59.00 3.00 0.23
TSD010 271 112 065 -50 35.00 51.00 16.00 7.73
including 35.00 42.00 7.00 12.56
which includes 35.90 37.30 1.40 56.02
and 50.00 51.00 1.00 30.21
TSD011 248 099 065 -60 7.00 8.00 1.00 0.76
61.20 65.20 4.00 0.20
97.00 98.00 1.00 2.07
TSD012 230 073 065 -45 2.00 3.00 1.00 0.56
40.00 44.00 4.00 0.25
65.00 66.00 1.00 0.65
99.00 101.00 2.00 0.39
111.40 114.40 3.00 1.67


Note:

i)Only last three figures of UTM Grid Reference given. Eastings preceded by 448, Northings by

5414 for full reference, ie., 448105/5414323



ii)Azimuth is in terms of True North



iii)Reported widths are drill intersection lengths



Of the five holes drilled in the main mineralized zone and reported in the above table, TSD009 is considered to have overshot the target due to the presence of a fault that appears to dip in a south-southwesterly direction and offset the mineralized zone an undetermined distance.



Drilling is currently proceeding to the north of TSD009 and TSD010 to locate the mineralized zones in the footwall of this fault.

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