Communicators

are winners!

News

09.09.2008
Sinchao Metals Intersects 97 Metres Grading 1.41% Copper in Step Out Drilling


Sinchao Metals Intersects 97 Metres Grading 1.41% Copper in Step Out Drilling

Sinchao Metals Corp. (TSX.V-SMZ) is pleased to announce the results from Drill Hole SDH-44, drilled on the Breccia Zone at the Sinchao Property in Peru. Assays have been received for the interval 0.0m to 450.0m, the bottom of the hole.

Significant intersections are as follows:

From To Interval Copper Gold Silver
m m m % g/t g/t

0.8 98.0 97.2 1.41 1.09 25.9

155.7 284.2 128.5 0.51 0.25 8.6

These are drill intersections and true widths have yet to be determined.

“We are pleased that the Sinchao Property continues to return broad zones of mineralization in the Breccia and Skarn Zones.” said President Andrew Gourlay. “We are encouraged by the fact that significant intervals of mineralization have now been demonstrated in the skarn, dacite and breccia. To date, we have not yet reached the limits of the mineralization.”

The drill program continues at the Sinchao Property, part of a 10,000 metre drill program. The objective of the 2008 drill program is to define the mineralization at the Breccia and Skarn Zones, and to calculate a preliminary resource estimate.

Drill Hole SDH-44 intersected skarn and silicified limestone, with zones of dacite and hydrothermal breccia from 0.0 to 450.0m, with numerous zones of strong pyritization, locally up to 25% pyrite. Drill Hole SDH-44 was drilled approximately 300 metres to the south of SDH-12, which intersected 161.15 m grading 0.81% copper, 0.71 g/t gold and 37.1 g/t silver from 144.2m to 305.15m depth (See News Release dated November 30, 2007). Drill Hole SDH-44 is located in the central portion of southwest – northeast Section 13, approximately 300 metres southeast of Section 11.

Andrew Gourlay, P. Geol., President is the Qualified Person for the technical disclosure in this news release. All samples were prepared and analyzed by the CIMM Peru S.A. laboratory in Lima, Peru, an ISO-accredited laboratory. Standard reference materials, blanks and field duplicate samples were inserted prior to the shipment from site to monitor the quality control of analytical data.

Sinchao Metals Corp. owns 100% interest in the Sinchao Property, which is located in Cajamarca Province, Northern Peru, and 30 kilometres from Yanacocha, the largest gold mine in South America.

On behalf of Sinchao Metals Corp.

“Andrew W. Gourlay”

Andrew W. Gourlay, P. Geol.
President

About Sinchao Metals Corp:

Sinchao Metals Corp. (TSX.V:SMZ) is focused on the exploration and development of the Sinchao property, located in Cajamarca province in Northern Peru, 30 kilometres from Yanacocha, the largest gold mine in South America. The company is dedicated to creating value for its shareholders by pursuing growth, expansion and enhancement of the Sinchao property. For further information please contact the Company at (604) 681-6186 or toll free: 1-888-356-4784. Visit the company website at www.sinchaometals.com

This news release may contain forward-looking information within the meaning of the Securities Act (Ontario) ("forward-looking statements"). Such forward-looking statements may include the Company's plans for its mineral projects, the overall economic potential of its properties, the availability of adequate financing and involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements expressed or implied by such forward-looking statements to be materially different. Such factors include, among others, risks and uncertainties relating to potential political risks involving the Company's operations in a foreign jurisdiction, uncertainty of production and costs estimates and the potential for unexpected costs and expenses, physical risks inherent in mining operations, currency fluctuations, fluctuations in the price of gold and other metals, completion of economic evaluations, changes in project parameters as plans continue to be refined, the inability or failure to obtain adequate financing on a timely basis, and other risks and uncertainties, including those described in the Company's Financial Statements, Management Discussion and Analysis and Material Change Reports filed with the Canadian Securities Administrators and available at www.sedar.com.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this news release.


Mitteilung übermittelt durch IRW-Press.com. Für den Inhalt ist der Aussender
verantwortlich.
Kostenloser Abdruck mit Quellenangabe erlaubt.