Oct 25 2013
Revolver Resources Inc. ("Revolver") is pleased to announce that it has completed the 3D induced polarization (IP)/ Magnetic survey on approximately 34 line-km on the Summit B property previously announced on September 6, 2013.
The results of the IP survey are very encouraging, revealing a 2.3 km NW-SE-oriented high chargeability zone (>20 mv/V) associated with a Cu-Au-mineralized fault system affecting Late Mississippian volcano-sedimentary rocks (see Figure 1). The anomalous zone is open at the NW and SE ends. The highest chargeability (>40 mv/V) relates to chalcopyrite-arsenopyrite-pyrite±bornite rich zones unearthed by past trenching in the southwestern area of the property (Figure 1). Recent surface rock and chip sampling of these mineralized trenches completed by Revolver Resources produced substantial Cu assay values ranging from 0.1 to 1.5 wt. %. Gold is significantly enriched, highlighted by several concentrations >3 g/t Au; i.e. 3.0 g/t, 17.9 g/t, 12.3 g/t, 10.9 g/t (see Figure 1). Revolver will use a 3DIP inversion map to define potential drilling sites along the 2.3 km high chargeability zone within the fault areas.
To view Figure 1 accompanying this press release, please visit the following link: http://media3.marketwire.com/docs/906221.jpg
The recent IP survey was conducted by Aurora Geosciences. The 1,394 hectare (3,446 acre) Summit B property is located in the Iskut area of northwestern British Columbia, Canada, and is contiguous with Colorado Resources Ltd.'s ("Colorado") North Rok porphyry copper-gold property (the "North Rok Property"). Colorado Resources ongoing drilling campaign (over 5,000 m) is currently evaluating the extent of Cu and Au mineralization in Jurassic monzonitic rocks intruding Upper Triassic Stuhini Group volcanic rocks. Already, intersections of 402 m @ 0.28 wt. % Cu and 0.27 g/t and 242 m @ 0.63 wt. % Cu and 0.85 g/t Au were obtained less than 2 km away from Revolver's contiguous property. The Summit B 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).
Technical information in this news release has been prepared and/or revised by Michel Boily, Ph.D., P.Geo., and qualified person as defined in NI 43-101.
Press release avilable from http://www.marketwired.com/