MIS Announces Final Infill Drill Results at Omega

MISTANGO ANNOUNCES FINAL INFILL DRILLING RESULTS AT OMEGA

Mistango River Resources Inc. (MIS: CNSX) (GLRAF: OTC) wishes to announce results from the last eight infill definition drill holes completed in the potential open pit area of the Omega Gold Deposit. The current drilling is part of a recently completed and reported on fourteen drill hole program implemented by AMC Mining Consultants to upgrade the existing potential open pit resource from the inferred to the indicated category. Current potential pit inferred resources are estimated at 3.8 million tonnes, containing 306,100 ounces gold grading 2.5 g/t Au. Current global inferred resources stand at 5.0 million tonnes, containing 472,100 ounces gold grading 2.93 g/t Au.

Drilling Highlights

OM-13-110    1.72 g/t gold over 19 meters (including 1 meter of 10.75 g/t gold)

OM-13-112    1.46 g/t gold over 15 meters (including 1 meter of 3.68 g/t gold and 1 m of 3.4 d/t gold)

Omega Property composite table as of May 22, 2013

Hole #

Section

From (m)

To (m)

Interval (m)

Au (g/t)

Zone

Remarks

 
OM-13-110 565W 181.0 182.0 1.00 1.97 17 OpenPit
and 208.0 227.0 19.00 1.72 17 OpenPit
including 208.0 209.0 1.00 4.82 17 OpenPit
including 224.0 225.0 1.00 10.75 17 OpenPit

and

230.0 231.0 1.00 1.28 17 OpenPit

and

254.0 255.0 1.00 1.035 17 OpenPit

and

285.0 294.0 9.0 0.988 17 Down Dip

and

309.0 328.0 19.0 1.165 17 Down Dip

including

312.0 313.0 1.0 2.83 17 Down Dip

including

314.0 315.0 1.0 3.22 17 Down Dip

and

333.0 334.0 1.0 1.19 17 Down Dip

and

337.0 338.0 1.0 1.53 17 Down Dip
OM-13-111 615W 133.0 135.0 2.00 1.593 17 Open Pit

and

141.0 145.0 4.00 0.814 17 Open Pit

and

160.0 164.0 4.00 2.15 17 Open Pit

including

162.0 163.0 1.00 4.52 17 Open Pit

and

175.0 176.0 1.00 1.28 17 Open Pit

and

181.0 185.0 4.00 0.732 17 Open Pit

and

277.0 279.5 2.5 2.618 17 Down Dip; Stope void 279.5-279.7=0.2 m

including

279.0 279.5 0.5 5.0 17 Down Dip

and

279.7 282.0 2.3 2.033 17 Down Dip

 

284.0 286.0 2.0 1.382 17 Down Dip

 

304.0 305.0 1.0 2.930 17 Down Dip
OM-13-112 665W 95.0 110.0 15.00 1.461 21 Open Pit

including

106.0 107.0 1.00 3.68 21 Open Pit

including

109.0 110.0 1.00 3.4 21 Open Pit

and

124.0 127.0 3.0 1.22 14 Open Pit

and

158.0 159.0 1.0 1.055 14 Open Pit

and

163.0 166.0 3.0 1.164 14 Open Pit

and

278.0 282.0 4.0 1.620 2 Down Dip

including

279.0 280.0 1.0 4.210 2 Down Dip
OM-13-113 665W 117.0 120.9 3.9 2.178 1 Open Pit; Stope void 120.9-122.5 m

and

138.0 148.9 10.9 1.313 2 Open Pit; Stope void 148.9-153= 4.1 m

including

148.0 148.9 0.9 3.1 2 Open Pit
 OM-13-114

715W

106.0 109.0 3.00 0.958 1 Open Pit

including

106.0 107.0 1.00 1.695 1 Open Pit

and

118.0 124.0 6.00 2.28 2 Open Pit

inlcuding

119.0 120.0 1.00 3.2 2 Open Pit

including

122.0 123.0 1.00 7.34 2 Open Pit

and

145.0 146.0 1.00 2.77 2 Open Pit
 OM-13-115

765W

62.0 63.0 1.00 0.95 1 Open Pit

and

69.0 72.9 3.9 0.965 1 Open Pit; DDH lost in stope void
 OM-13-116

810W

60.0 61.0 1.0 7.42 21 Open Pit

and

64.0 67.0 3.0 1.105 21 Open Pit

and

129.0 146.0 17.0 0.744 1-2 Open Pit

including

139.0 142.0 3.0 1.403 1-2 Open Pit

including

144.0 145.0 1.0 1.795 1-2 Open Pit
 OM-13-117

865W

65.0 66.0 1.0 1.355 1-2 Open Pit

and

84.0 89.0 5.0 1.21 1-2 Open Pit

including

86.0 87.0 1.00 2.58 1-2 Open Pit



*previously reported: all holes are uncut and over core length; core length is estimated 50-90% of true width; 1 g/t Au multiplied by 0.0291666 equals troy ounces per short ton (to convert from meters to feet multiply by 3.2808). NSV: no significant values, VG: visible gold

Robert J. Kasner, President and CEO, commented: “We are pleased to have completed this drilling program and look forward to receiving an upgraded resource estimate from AMC Mining Consultants in the near future.”

QA/QC was followed in sampling the core. The core is sawed in half for sampling. Standards, blanks and duplicates were inserted into the stream of core samples every 20 metres. The core was assayed at ALS Minerals Canada LTD in Sudbury, ON using 30 gram samples. The core samples were analyzed using the fire assay method and AA finish for results up to 10 g/t Au. For samples containing more than 10 g/t Au gravimetric finish was used. Fred Sharpley, P.Geo is the Qualified Person for the Omega Property and has approved the technical information in this news release.

About Mistango.  

Mistango River Resources is a Canadian based company engaged in the exploration and development of gold and VMS-type base metal deposits, having mineral properties located in Quebec and Ontario. The “Omega Property” is located on the famous Larder Lake-Cadillac Break that hosts numerous current and past producing gold mines, including the historical 11 million ounce Kerr-Addison Mine located approximately 6 km to the East and Osisko Mining Corporation’s “Upper Beaver Project”, slated for production  located approximately 8 km to the west. For additional information about Mistango and its properties, please visit our website at: www.mistangoriverresources.ca 

This news release contains certain “forward-looking information”. All statements, other than statements of historical fact that address activities, events or developments that Mistango believes, expects or anticipates will or may occur in the future are forward-looking statements. These forward-looking statements reflect the current expectations or beliefs of Mistango based on information currently available to Mistango. Forward-looking statements are subject to a number of significant risks and uncertainties and other factors that may cause the actual results of Mistango to differ materially from those discussed in the forward-looking statements, and even if such actual results are realized or substantially realized, there can be no assurance that they will have the expected consequences to, or effects on Mistango. Factors that would cause actual results or events to differ materially from current expectations include, but are not limited to, Mistango’s decision to cancel its exploration program on its Omega gold property.

For further information please contact,

Mistango River Resources Inc.
Robert J. Kasner, President and CEO
Telephone: 1 705 567 5351
E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

Mistango River Resources Inc.
Donald Kasner, Investor Relations
Telephone 705-570-1019
E-mail:This email address is being protected from spambots. You need JavaScript enabled to view it.