Royal Roads updates mineral resource at Daniels Pond



    Trading Symbol: RRO - TSX-V
    Shares Outstanding: 73,681,909

    HALIFAX, March 13 /CNW/ - Royal Roads Corp. (RRO-TSX-V) ("Royal Roads" or
"Company") reports that Mercator Geological Services Limited ("Mercator") of
Dartmouth, Nova Scotia has completed an independent mineral resource estimate
for the Company's 100% owned Daniels Pond deposit in accordance with Canadian
Institute of Mining, Metallurgy and Petroleum Standards and National
Instrument 43-101 (NI-43-101). The mineral resource estimate was calculated
using data from 133 drill holes comprising 27,603 metres, of which 71 holes
comprising 13,338 metres were drilled by Royal Roads in 2007 and early 2008.
    The new estimate has successfully upgraded a large portion of the deposit
to the Indicated category and has allowed the Company to more accurately
define the dimensions and characteristics of the mineralization. The most
salient feature of the new Daniels Pond resource is the fact that the majority
of mineralization extends from surface to no more than 150 metres below
surface and thus provides the basis for further investigating the possibility
of mining the resource by open pit methods. Future activities at Daniels Pond
will include continued exploration at depth and along strike for additional
resources, more refined metallurgical testing of the recovery characteristics
of the metals within the resource and investigating the possibility of
developing Daniels Pond in partnership with other resources in the region. It
must also be noted that beyond Daniels Pond itself, the Company has now
completed a full digital compilation of all historical work completed on the
entire 16,075 hectare Tulks North property (within which Daniels Pond is
located) and is currently planning further exploration programs that will
expand outwards from Daniels Pond and look for new discoveries in this
expansive and highly prospective holding.
    The Daniels Pond resource as calculated by Mercator is identified in
Table 1 below and an updated long-section depicting resource outlines is now
available on the Company's website located at http://www.royalroadscorp.ca.

    
    Table 1: Daniels Pond Deposit Mineral Resource Estimate by Zn% Cut-off -
    Effective March 11, 2008

    -------------------------------------------------------------------------
                                  Combined
              Cut-off             Zn%+Pb%+                        Ag      Au
    Category    (Zn %)    Tonnes       Cu%  Zn %  Pb %  Cu %     g/t     g/t
    -------------------------------------------------------------------------
    Indicated     1.5  1,162,000      6.88  4.44  2.12  0.31   87.79    0.60
    -------------------------------------------------------------------------
                  2.0    929,000      7.98  5.13  2.50  0.34  101.40    0.63
    -------------------------------------------------------------------------
                  2.5    787,000      8.79  5.65  2.77  0.37  111.03    0.68
    -------------------------------------------------------------------------
    Inferred      1.5    445,000      5.89  3.88  1.74  0.27   81.63    0.52
    -------------------------------------------------------------------------
                  2.0    332,000      7.04  4.61  2.13  0.30   85.86    0.53
    -------------------------------------------------------------------------
                  2.5    236,000      8.70  5.59  2.79  0.32  112.31    0.55
    -------------------------------------------------------------------------
    

    Previously, on November 7, 2006, Royal Roads announced a NI-43-101
compliant Inferred resource for the Daniels Pond deposit comprising
1.69 million tonnes grading 8.37% zinc, 4.4% lead, 0.57% copper, 196.9 g/t
silver and 0.68 g/t gold at a cut off grade of 2% zinc over a true width of
2 metres. This resource was prepared by Taiga Consultants Ltd. of Calgary,
Alberta using results of drilling completed up to 2006. As the new Mercator
resource estimate is based on significantly more complete and comprehensive
information, the Taiga Resource is no longer considered valid and should not
be relied upon.

    Management's Comment
    --------------------

    Warren MacLeod, President of Royal Roads stated, "Our efforts over the
past year have successfully defined the Daniels Pond resource and have
identified that the majority of the mineralization extends from surface to no
more than 150 metres below surface. Now that we have successfully upgraded
most of the resource to the Indicated category, we can focus our future
efforts on investigating the potential to develop and mine the resource by
open pit methods in partnership with other resources in the region. We will
also continue to explore for additional resources at depth and along strike,
and continue to refine our metallurgical program to better identify recovery
characteristics of the mineralization."

    Daniels Pond Description
    ------------------------

    The Daniels Pond deposit is a lower Paleozoic volcanogenic massive
sulphide ("VMS") body characterized by in situ massive to semi-massive
sulphide zones enriched in zinc, lead, copper, silver, and gold. The bulk of
the deposit occurs within 150 metres of surface in two lobes of
mineralization, the weaker mineralized Northeast Lobe and the stronger
mineralized Southwest Lobe which contains the majority of Indicated category
resource reported above. These lobes dip steeply to the northeast and have a
combined strike length of 1,100 metres. This style of mineralization is common
within the Tulks Belt volcanic terrain of central Newfoundland.

    Methodology
    -----------

    The resource estimate reflects a three-dimensional deposit block model
developed by Mercator using Surpac(C) Version 6.0.1 deposit modeling software.
Analytical results for 133 diamond drill holes were used in this model, of
which 71 drill holes are from recent Company drilling. The model utilized
1 metre down-hole assay composites individually calculated for Zn%, Pb%, Cu%,
Ag g/t, and Au g/t assay values. Model blocks measure 2.5 m x 2.5 m x 2.5 m
with sub-blocking at 1.25 m x 1.25 m x 1.25 m. The model was constrained by
multiple wireframed solids, based on geological sections, that reflect a
minimum included grade of 0.75% Zn over a 1.0 metre down-hole length. No high
grade capping factors were applied. The resource solids occur between the
bedrock-overburden interface and a maximum depth of approximately 300 metres
below surface.
    Metal grades were assigned to the block model using inverse distance
squared interpolation methodology with blocks being peripherally constrained
by wireframe solids. A grade interpolation search ellipse with major and
semi-major axis ranges of 60 metres, and minor axis range of 30 metres was
used. Two calculation domains were defined, these corresponding to the
Northeast and the Southwest lobes of the deposit, and search ellipse major
axes were oriented, respectively, at azimuths 050 degrees and 025 degrees with
vertical inclinations. Major and minor axis parameters were selected based on
continuity and distribution of metal grade and reflect geological
characteristics of the mineralized zones.
    Indicated category resources were defined by blocks occurring within
resource solids containing three or more drill holes and have a maximum
distance to reporting composites of 28 metres and a minimum of 6 reporting
composites. All other blocks within the resource solids that met grade
criteria were placed in the Inferred resource category.
    Results of 364 separate laboratory determinations of specific gravity
("SG") were used in the block model. An average value of 4.03 g/cm3 was
assigned to blocks occurring within the lower grade massive pyrite
lithological unit and grade based SG factors ranging from 2.95 g/cm3 to
4.32 g/cm3, were otherwise assigned.

    Qualified Person & Sampling Procedure
    -------------------------------------

    Peter C. Webster, P. Geo., of Mercator Geological Services Limited has
supervised the Company's drilling program, and has reviewed related technical
information presented in this news release. Mr. Webster is an independent
third party geologist, President of Mercator Geological Services Limited, and
is the Qualified Person as defined under NI 43-101 responsible for the
resource estimate presented in this news release. Historical information used
in this resource has been validated, and all information obtained from
drilling by the Company has followed logging, sampling and assaying procedures
as per the Company's QA/QC protocol described fully in Royal Roads news
release No.06-07, dated February 27, 2007.

    About Royal Roads
    -----------------

    Royal Roads is a resource company based in Halifax, Nova Scotia, Canada
and is focused on exploring and developing base metal properties in central
Newfoundland, Canada. Royal Roads and its 26.39% owned affiliated company,
Buchans River Ltd., together control a total of 33,700 hectares within central
Newfoundland and Labrador's Victoria Lake and Buchans mining camps, including
the historic Buchans mine (owned by Buchans River) and the Daniels Pond
deposit (owned by Royal Roads). Royal Roads is 44.40% controlled by Acadian
Mining Corporation, a Halifax based resource company developing gold and base
metal properties, including the Scotia Mine (lead and zinc) in Nova Scotia.

    Forward Looking Statements
    --------------------------

    Certain information regarding the Company 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 the Company believes that the expectations
reflected in such forward-looking statements are reasonable, it can give no
assurance that such expectations will prove to have been correct. The Company
cautions that actual performance will be affected by a number of factors, many
of which are beyond the Company's control, and that future events and results
may vary substantially from what the Company currently foresees. The Company's
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.
    %SEDAR: 00008176E




For further information:

For further information: Warren G. MacLeod, President & CEO; David
Felderhof, Vice-President, (902) 444-3637, Halifax, Nova Scotia

Organization Profile

ROYAL ROADS CORP.

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