Revolver Resources Commences Drilling on Summit B
(firmenpresse) - VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 12/16/13 -- Revolver Resources Inc. (TSX VENTURE: RZ) ("Revolver") is pleased to announce it has commenced its 1000 m drill program on its Summit B project in NW British Columbia. The initial diamond drill program is designed to test the anomaly previously identified through its IP survey. The 3D IP inversion model reveals a strong 2.0 km long-500 m wide, 35 mV/V, NW-oriented ovoid chargeability anomaly accompanied by low resistivity and magnetic signatures. The Summit B IP anomaly is similar in shape and intensity to that observed in Colorado Resources adjacent North Rok property.
Rob Birmingham, President of Revolver Resources stated "This is a very exciting milestone for Revolver Resources and our JV partner Pistol Bay Mining, as we initiate the first drill program on our Summit B project. After completion of a positive sample program that saw high grades of mineralization, and concluding our 3D IP survey which provided us with a large anomaly, the next natural step is to initiate and complete a drill program on the Summit B."
About Revolver Resources Inc.:
Revolver recently announced it has entered into an option agreement with Pistol Bay Mining Inc. whereby Revolver may earn a 60% interest in the Summit B property (For more information on the option agreement see the Revolver press release dated May 17th, 2013).
The 1,394 hectare (3,446 acre) Property is located in the Iskut area of northwestern British Columbia, Canada, and is contiguous with Colorado Resources Ltd.'s ("Colorado") North Rok copper-gold property (the "North Rok Property"). Colorado's recent North Rok Property discovery hole intersected 242 metres grading 0.63% copper and 0.85 g/t gold. More complete details can be found in Colorado's news release dated April 25, 2013. The Summit B property is also 20 kilometres northwest of Imperial Metals Red Chris Copper-Gold project.
Technical information in this news release has been prepared and/or revised by Michel Boily, PhD, PGeo, and qualified person as defined in NI 43-101.
For further information on Revolver please visit our website at .
ON BEHALF OF THE BOARD OF DIRECTORS
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 L. Birmingham
President
(778) 331-2025
(604) 683-5309 (FAX)
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Datum: 16.12.2013 - 14:30 Uhr
Sprache: Deutsch
News-ID 324583
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contact information:
Town:
VANCOUVER, BRITISH COLUMBIA
Kategorie:
Mining & Metals
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