Revolver Resources Inc. (TSX VENTURE:RZ) ("Revolver") is pleased to announce
that it has received TSX Venture Exchange ("Exchange") approval of its
previously announced option agreement (the "Option Agreement") with Pistol Bay
Mining Inc. ("Pistol Bay") and has completed and filed a National Instrument
43-101 ("NI 43-101") compliant technical report (the "Report") on the Summit B
property ("Property") in the Iskut area of northwestern British Columbia,
Canada. The Report is available for viewing on Revolver's corporate website and
on SEDAR under Revolver's profile at www.sedar.com. 


Pursuant to the terms of the Option Agreement, Revolver completed the initial
payment of $75,000 and issuance of 2,000,000 shares of the Company to Pistol Bay
in connection with Exchange acceptance. Revolver may earn a 60% interest in the
Property. (For more information on the Option Agreement see Revolver's press
release dated May 17th, 2013.)


Revolver Resources completed a new surface rock and chip sampling of previously
discovered mineralized trenches at the Summit B property. Chip samples collected
in Trench 4 reveal weighted average results of 0.26 ppm Au, 0.53 ppm Ag, and
1941 pm Cu over 4.55 m. One grab sample returned grades of 2.48 ppm Au and 0.30
ppm Ag with minor Cu values. One sample gathered from Trench 3 returned assay
values of 0.84 ppm Au, 0.90 ppm Ag and 1530 ppm Cu over 2.0 m. A composite grab
sample of a mineralized quartz vein within this chip sample produced a value of
2.87 g/t gold. In addition, a 25 cm-thick scoroditic altered vein was exposed in
the trench wall generated grades of 12.30 ppm Au, 15.50 ppm Ag, and 1,720 ppm Cu
over. Finally, one composite grab sample of scoroditic altered material
collected from pushed material at the southwest end of Trench 9 provided
concentrations of 13.00 g/t Au, 17.9 g/t Ag and 1,730 ppm Cu.


With the completion of the NI 43-101 report on the Summit B Property, Revolver
has thus confirmed the presence of two previously identified NW-oriented
gold-arsenic-copper mineralized fault structures yielding high precious metal
values. These structures may extend up to 1.5 km in length. One consists of
copper-arsenic-bearing pyrite-rich quartz veining, yielding values from 0.47 to
2.87 g/t Au; the other consists of a quartz scorodite-Cu vein setting, returning
much higher gold values from 10.9 to 17.9 g/t Au. Revolver Resources is also
planning a 3D induced polarization (IP) / Magnetic survey on approximately 34
line-km during late August. Aurora Geosciences of Whitehorse, Yukon will be the
operator of the survey.


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").
On June 12, 2013, Colorado announced it was going to begin a $2 million, 5,000
meters drill program 1 kilometres north of Colorado's recent discovery hole
which intersected 242 metres grading 0.63% copper and 0.85 g/t gold. The new
drill program will be around 2 kilometres away from Revolver's contiguous
Property. The Property is also located 20 kilometres northwest of Imperial
Metals Corporation's Red Chris Porphyry Copper-Gold project (reserves of over
300 million tonnes grading 0.359% copper and 0.274 g/t gold;
http://www.imperialmetals.com). 


A B.C. Minfile description of the Kitty occurrence reports historic work
including 9 bulldozer trenches over an area of 170 by 5 metres (B.C. Assessment
Report 21416) and historic results from surface grab samples as high as 8.98%
copper, 24.5 g/t silver and 0.045 g/t gold. Grab samples as high as 1.61 g/t
gold and 0.6% copper have been returned from another showing approximately 50
metres southwest of the bulldozed trench area. Previous exploration programs had
focused on copper exploration, outlining a trend of roughly 100 metres of
strongly anomalous copper values from rock sampling. Although copper was the
main focus, rock sampling also returned several high gold values, including 4.95
g/t gold, along a parallel zone roughly 30 metres southwest of the main trend.
In June 2010, Solitaire Minerals Ltd. (now Pistol Bay Mining Inc.) performed
preliminary geological mapping, soil and silt sampling, including grid soil
sampling across the "Main Trenched Area". The program returned values as high as
17.9 g/t Au from composite grab sampling of arsenic-rich phyllite and 1.875 g/t
gold from a 2.0-metre chip sample at a separate location. These, combined with
soil sampling, identified an anomalous geochemical trend at least 500 metres
long, open in both directions. Numerous small copper +/- gold occurrences were
found throughout the property.


Technical information in this news release has been prepared and/or revised by
Michel Boily, PhD, P. Geo, and Qualified Person as defined in NI 43-101.


For further information on Revolver please visit our website at
www.revolverresources.com.


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.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Revolver Resources Inc.
(778) 331-2025
(604) 683-5309 (FAX)
www.revolverresources.com

Grafico Azioni Revolver Resources Inc. (TSXV:RZ)
Storico
Da Mag 2024 a Giu 2024 Clicca qui per i Grafici di Revolver Resources Inc.
Grafico Azioni Revolver Resources Inc. (TSXV:RZ)
Storico
Da Giu 2023 a Giu 2024 Clicca qui per i Grafici di Revolver Resources Inc.