Trading Symbol: RRO - TSX-V
Shares Outstanding: 112,127,490
HALIFAX, June 17 /CNW/ - Royal Roads Corp. (RRO - TSX-V) ("Royal Roads")
is pleased to announce the diamond drilling program on its Clementine West
polymetallic prospect located in the Buchans Camp, Newfoundland, is scheduled
to begin July 6, 2009. The follow-up diamond drill program is designed to test
for Buchans style massive sulphide deposits that may be associated with the
large stringer stockwork zone identified in previous drilling programs. The
stockwork mineralization is open and the most recent drill program in 2008
indicates it is gaining in thickness and intensity down plunge, which may be
indicative of proximal accumulations of high-grade massive sulphides.
Diamond drilling in 2008 intersected sulphide stringer stockwork
mineralization over core lengths ranging between 29 and 118 metres (Buchans
River Ltd, May 26, 2008). This stringer mineralization is very similar to that
observed beneath the former Buchans-Lucky Strike massive sulphide deposit.
Historic mining by ASARCO at Lucky Strike yielded production totaling 5.6
million tonnes(*) averaging 18.4% zinc, 8.6% lead, 1.6% copper, 112 g/t silver &
1.7 g/t gold.
(*) Past production figures for the Lucky Strike mine were obtained from
an article written by Thurlow, J.G., and Swanson, E.A., 1981: Geology and
Ore Deposits of the Buchans area, central Newfoundland. In: Swanson,
E.A., Strong, D.F., and Thurlow, J.G., (editors), "The Buchans Orebodies:
Fifty Years of Geology and Mining". Geological Association of Canada.
Special Paper 22. Pages 113 to 142.
Forward Looking Statements
Certain information contained herein may constitute forward-looking
statements within the meaning of applicable securities laws. Forward-looking
statements may include estimates, plans, expectations, opinions, forecasts,
projections, guidance or other statements that are not statements of fact.
Although Royal Roads believes that the expectations reflected in such
forward-looking statements are reasonable, they can give no assurance that
such expectations will prove to have been correct. Royal Roads cautions that
actual performance will be affected by a number of factors, many of which are
beyond its control, and that future events and results may vary substantially
from what it currently foresees. Royal Roads' forward-looking statements are
expressly qualified in their entirety by this cautionary statement.
The TSX Venture Exchange does not accept responsibility for the adequacy
or accuracy of this release.
For further information:
For further information: Royal Roads Corp.: Will Felderhof, President &
CEO; David Felderhof, Vice-President, (902) 444-3637, Halifax, Nova Scotia,