Feb 24 2014
Revolver Resources Inc. is releasing the assay results of the first two of its three diamond drill holes program on its Summit B property.
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 copper-gold property (the "North Rok Property").
The Company is pleased to announce the preliminary assay results of two DDH (SUMB-02 and SUMB-05), distanced by 1 km, revealing several intersections of copper mineralization associated with quartz-carbonate veins and fracture filling. Best results produced intercepts of 6.3 m @ 0.43 wt. % Cu (SUMB-02), 1.2 m @ 0.18 wt. % Cu and 0.3 m @ 0.25 wt. % Cu (SUMB-05) (The lengths of the intervals do not represent true stratigraphic lengths). The drill holes intersected a folded, fractured and sheared assemblage of Permian basic-intermediate volcanic rocks interstratified with thin shale, phyllite, schist and siltsone layers. A significant number of pyrite±chalcopyrite-bearing quartz-carbonate (calcite-ankerite-dolomite) veins were encountered throughout the core with numerous pyrite±chalcopyrite fracture and fault-fillings especially at depth greater than 200 m.
The copper mineralization is associated with the core of a 2 km x 500 m NW-oriented high-chargeability/low resistivity anomaly bounded by NW-striking high angle faults (see Revolver Resources press release of November 8, 2013). Cu-bearing zones extend in a northwesterly direction for at least 1 km, whereas an arsenic-copper-gold-rich system is exposed at the periphery of the anomaly, especially on the southeastern segment of the property. Harsh winter conditions, rugged terrain and the difficulty to obtain water prevented the investigation of this area. However, Revolver Resources still holds a drilling permit for at least four additional holes and expects to resume its drilling campaign on the Au-rich zone in the early summer months.