Commences JORC (43-101) Evaluation of Pine Creek Lode in Australia
Sydney, Feb 10, 2013 AEST (ABN Newswire) - Revolution Metals, a minerals and resources company focussing on developing mineral assets in Australia, announces that it has commenced evaluating their "Pine Creek" gold deposit to JORC standard.
"Significant drill data and geochemical soil sampling, as well as magnetic studies have been completed in the past, and we are assembling much of the historical data from the previous exploration on this area to provide the market with a qualified JORC (43-101) resource" said Tim Mckinnon.
The Pine Creek area is one of three targets within the exploration area that will be assessed. Previous exploration at a shallow depth has defined a resource of 232,000 Tonnes of ore yielding 26,000 ounces of gold at the Pine Creek deposit. Following a JORC compliant upgrade to the resource definition, the company plans to extend the existing Pine Creek resource, as indications that the deposit continues to the north west, and vertically below the existing ore lode exist.
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About Revolution Metals Ltd
Revolution Metals Ltd is an Australian public company and 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. Revolution's current tenement holding comprises 40 square kilometres of mineralized gold, silver, nickel, cobalt and lead bearing structures in northern New South Wales, Australia.
The primary gold bearing ironstone and quartz deposits of Mt Remarkable, Pine Creek and Alice Cornwall, are part of a field of numerous reefs and historical artisanal workings with over sixty identified as producing gold over a century ago.
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