Revolution Commences 5,000 Meter Drill Program at Champion Hills
VANCOUVER, Oct. 6, 2011 /CNW/ - Revolution Resources Corp
('Revolution' or 'the Company') reports that the latest 5,000 meter phase of diamond drilling at its Champion Hills gold project is underway. Located in the Carolina Slate Belt in North Carolina, this two drill program will include 25 holes, last approximately six weeks with results expected prior to the end of 2011.Drilling will also focus at the Jones Keystone and Loflin prospects where Revolution has intersected thick sequences of near-surface gold mineralization. These two areas of historic mining are location along the same structural corridor, 1,500 meters apart. Both areas are open for expansion along strike as well as at depth. The Company intends to continue to demonstrate the size potential for the region through step out holes and infill drilling. Revolution's plans are to incorporate this phase drilling in addition to the over 20,000 meters completed to date with the objective to complete an initial 43-101 compliant resources estimate by the 2(nd) quarter of 2012. Drill results from a summer program are expected to be announced shortly.
Gold mineralization at Loflin and Jones Keystone occurs within a similar geologic setting to Romarco's Haile Project, located in South Carolina. Gold is associated with pyrite, pyrrhotite and minor arsenopyrite, within andesitic volcanic flows and breccias as well as interflow sediments. Multiple zones within the two prospects are associated with the subvertical axial planes of northeast striking folds. The thickest sequences of gold mineralization occur within the hinges of these folds. Highlight holes from the Jones Keystone and Loflin properties include: 104.0 meters averaging 1.27 g/t Au, including 40.0 meters averaging 2.33 g/t, 54.0 meters averaging 1.56 g/t Au, including 28.0 meters averaging 3.01 g/t Au. Complete drill results, as well as collar location maps are available at www.revolutionresourcescorp.com.
Initial Drilling will also include follow-up holes at the Jericho Hill prospect, where a recently announced discovery hole intersected 22.53 meters averaging 6.10 g/t Au and 258.65 g/t Ag, including 7.93 meters averaging 16.06 g/t Au and 698.66 g/t Ag. Drilling will target a shallow plunging fold, where saddle-reef style gold/silver/tellurium mineralization occurs associated with quartz veining.
Additionally, surface mapping and soil sampling of existing and new target areas is ongoing, in additional to the acquisition of new and strategic private lands. Revolution currently has access to approximately 7,500 acres within the Champion Hills trend.
About Revolution
Revolution Resources Corp. is a TSX-listed gold exploration company
based in Vancouver, BC, Canada. Well-funded and with no long-term debt, the Company's current exploration activities are focused on two flagship projects located in the Champion Hills district of North Carolina and the newly-optioned property portfolio of Lake Shore Gold in Mexico, previously owned by West Timmins Mining.The Company has made multiple discoveries in the Champion Hills District in the Carolina Slate Belt of North Carolina, where drilling has encountered: 104.0 m of 1.27 g/t Au, including 40.0m of 2.33 g/t, 54.0m of 1.56 g/t Au, including 28.0m of 3.01 g/t Au, and 22.53m of 6.10 g/t Au and 258.65 g/t Ag (see Revolution news release dated June 22, 2011). The Slate Belt hosts most of the area's past producing gold mines, most notably the Ridgeway Mine, and the Haile Mine currently awaiting permits to commence production.
Revolution's newly-acquired Mexican property portfolio of Lake Shore Gold contains land totaling over 400,000 hectares. The properties cover two distinct districts situated in regions which host current- and past-producing mines. Companies currently operating in the regions include: Goldcorp: Penasquito and Camino Rojo and New Gold: Cerro San Pedro.
Revolution's exploration programs are performed under the supervision of Robert McLeod, P.Geo, Director of Revolution and a Qualified Person as defined by NI 43-101. Drill cores from the Company's Champion Hills Project are cut in half using a diamond saw, with one half placed in sealed bags, and delivered to ALS-Chemex facilities in Reno, Nevada, and Actlabs facility in Thunder Bay, Ontario. A sample quality control/quality assurance program utilizing standards and blanks, as well as third-party check labs has been implemented. Technical contents of this release were prepared by and approved for release by Mr. McLeod.
ON BEHALF OF THE BOARD
of Revolution Resources Corp
'Aaron Keay'
President, CEO and Director
Forward-Looking Statements: Some statements in this news release contain forward-looking information or forward-looking statements for the purposes of applicable securities laws. These statements include, among others, statements with respect to proposed exploration, development and production activities and their timing, potential mineralization and the anticipated acquisition of property interests. These statements address future events and conditions and, as such, involve known and unknown risks, uncertainties and other factors, which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the statements. Such factors include, among others, receipt of regulatory approvals, completion of anticipated transactions, the timing and success of future exploration, development and production activities, exploration and development risks, expenditure and financing requirements, title matters, third party consents, operating hazards, metal prices, political and economic factors, competitive factors, general economic conditions, relationships with vendors and strategic partners, governmental regulation and supervision, seasonality, technological change, industry practices and one-time events. In making the forward-looking statements, the Company has applied several material assumptions including, but not limited to, the assumptions that: (1) the proposed exploration and development of mineral projects will proceed as planned; (2) market fundamentals will result in sustained metals and minerals prices and (3) any additional financing needed will be available on reasonable terms. The Company expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise except as otherwise required by applicable securities legislation.
Revolution Resources Corp.
CONTACT: Dylan Berg
Manager, Investor Relations
604-681-5672 direct
604-616-1182 cell
dylan@revolutionrc.com
Aaron Keay
President, CEO and Director
604-678-4024 direct
604-323-6911 cell
aaron@revolutionrc.com
