Regal Receives Final Draft of Sunnyside/Patagonia Project Technical Report
(firmenpresse) - VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 06/20/12 -- Regal Resources Inc. (the "Company" or "Regal") (CNSX: RGR) is pleased to announce it has received the final draft of the technical report for the Sunnyside/Patagonia project from Apex Geoscience of Edmonton Alta. The Company has submitted the technical report to the British Columbia Securities Commission for their review. The report will be available for viewing on SEDAR and the Company's website following the BCSC's final acceptance.
Sunnyside Permitting
The Company has retained Desert Pacific Exploration of Reno, Nevada in order to expedite the completion of drill permits for the Sunnyside project. Additionally a respected independent consulting firm based in Arizona was commissioned by Regal Resources to complete both an archaeology and biology report in accordance to US Forest Service procedure. Additional manpower was required due to recent and substantial procedural changes in the permitting process and reduction in US Forest Service personnel. The Company expects final submissions to the US Forest Service to be complete by the end of June 2012 and to have permits in place ready for the 2012 fall drill season.
About Regal Resources Inc.
Regal Resources Inc. is a junior mineral exploration and development company based in Vancouver, Canada. The company is focused on the development and acquisition of copper projects in the prolific copper producing state of Arizona. The Company's current focus is its exploration copper/silver/polymetallic project, the Patagonia property (Sunnyside), located near Nogales, Arizona. Regal Resources is listed on the Canadian National Stock Exchange (CNSX) under the symbol (RGR).
This news release contains certain statements that may be deemed "forward-looking statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in forward looking statements. Forward looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made. The Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change, except as required by law.
Contacts:
Regal Resources Inc.
Drew Brass
VP Communications
604.730.0234
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Datum: 20.06.2012 - 18:08 Uhr
Sprache: Deutsch
News-ID 158448
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VANCOUVER, BRITISH COLUMBIA
Kategorie:
Mining & Metals
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