Revolver Resources Inc. Files 43-101 Report on Quebec Properties
(firmenpresse) - VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 06/29/12 -- Revolver Resources Inc. (TSX VENTURE: RZ) (the "Company" or "Revolver") is pleased to announce that a National Instrument 43-101 Technical Report entitled "Geological Report On Revolver Property - Lucky-North & Lucky-South Blocks" has been filed on SEDAR. The Technical Report dated March 2012 was prepared by Bertrand Brassard, P.Geo., M.Sc. and is available at and on the Company's website.
The Revolver Property is located about 120 km east of Lebel-sur-Quevillon and 120 km southwest of Chibougamau, Abitibi, in the Lacroix Township. This land position occurs within the Urban-Barry Greenstone Belt, an Archean volcano-sedimentary sequence in the east-central portion of the North Volcanic Zone of the Abitibi Sub-Province. The volcanoclastic sequence is intruded by synvolcanic to late (post mineralization) intrusions. Gold mineralization discovered to date in the area occurs in basalts, rhyolite and the volcano-sedimentary sequence. A Phase I reconnaissance program was completed under the supervision of Bertrand Brassard, P. Geo. of Bertrand Brassard Geoconseil Inc. in the fourth quarter of 2011 which comprised prospecting, grab sampling, and assaying. The main purpose of the 2011 field reconnaissance, which covered 81 permits, was done to increase the gold potential of the area. A total of 173 samples were collected on the Lucky-North Block and 119 samples on the Lucky-South Block. All samples were sent to the Lab ALS-Chemex in Val d'Or and assayed for Gold (code Au-AA23). In October and November of 2011 Mike Lavoie Exploration's team used existing gravel roads to complete all exploration work. A second part of the Phase I reconnaissance program including additional sampling is currently underway, with assay results expected imminently.
The content of this news release has been reviewed by Chris Dyakowski, P.Geo., who serves as the Qualified Person in accordance with National Instrument 43-101.
About the Lucky North, Lucky South and Macho properties:
The Lucky North, Lucky South and Macho properties are located in the Urban-Barry gold camp in the greater Abitibi greenstone belt situated in west-central Quebec approximately 170 kilometres northeast of the mining city of Val d'Or (valley of gold). The Urban-Barry camp has recently seen increased and persistent gold exploration. This has been driven by both high-grade gold discoveries and the construction of roads which are maintained year round. The three primary gold projects in the area are the Eastern extension (BonTerra Resources Inc.), Barry deposit (Metanor Resources Inc.) and Windfall Lake (Eagle Hill Exploration Corporation). All three of these companies trade on the TSX Venture Exchange and have completed NI 43-101-compliant gold resource calculations on their properties. Therefore the belt has three distinct compliant gold resources all completed within a year and a half. The belt is no longer under the radar due to all of these recent developments. These companies continue to discover high-grade gold in altered quartz veins. Situated in between BonTerra and Eagle Hill is the Beaufield-Amseco joint venture with drilling currently under way. The Urban-Barry belt of Quebec has the potential to develop into a hotbed of gold exploration and hopefully mining. The regional trends associated with gold mineralization continue for many kilometres, as is the case in other parts of the Abitibi.
Robert L. Birmingham, President
NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICE PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
Contacts:
Revolver Resources Inc.
Robert Birmingham
President
604-608-6611
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Datum: 29.06.2012 - 19:04 Uhr
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