Two primary objectives of the estimation and compliance statement is to:
1. Provide a resource statement for the previously delineated gold bearing banded ironstone formation that extends for 3.2 kilometres through the license area. Earlier drilling in this ironstone formation has demonstrated gold grades up to 14 g/t.
2. An extended exploration target for the surrounding epithermal gold reefs that have the characteristics of an intrusive related gold system providing the source mineralization for over 80 known gold reefs in the license area. Assays from early mining operations returned significant grades in hundreds of grams per ton.
Tim Mckinnon CEO of Revolution Metals said: "We are excited to be able to finally put an authoritative stamp on what has been known to exist in this area for many years. Following the issue of the resource statement, the company will be seeking investment to develop the field."
Resource Estimation
H&SC has extensive experience in resource estimation with consultants qualified and competent in a variety of commodities and deposit types. The company's consultants have a track record in producing cost-effective resource estimates ready for mine design and pit optimisation. Their services range from simple resource updates to complete management of data sets, resource estimation and reporting.
To view H&SC for more information, please visit:
http://www.hsconsultants.net.au
To view a video presentation of the Revolution Metals NSW Gold Projects, please visit:
http://www.abnnewswire.net/press/en/79735/rev
To view the Revolution Metals Resource Inventory, please visit:
http://www.revolutionmetals.com/projectinventory.asp
About Revolution Metals:
Revolution Metals is an Australian based developer of mineral resources. The focus of the company is to develop mineral assets of economic grade to production, providing investors with rapid return on investment.
Contact: Revolution Metals Tim Mckinnon T: +61-2-8205-7339 E: blaze@revolutionmetals.com WWW: www.revolutionmetals.com
