Encore Renaissance Resources Corp.

Encore Renaissance Resources Corp.

September 24, 2009 03:01 ET

Encore Renaissance Resources Now Shipping Gold Mineralized Rock to Kinross for Sales

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 24, 2009) - ENCORE RENAISSANCE RESOURCES CORP. (TSX VENTURE:EZ)(FRANKFURT:OUH1)(PINK SHEETS:ERRCF) Encore Renaissance Resources Corp. (the "Company") reports that the company has commenced the shipment of gold mineralized rock from the Bonaparte Gold Mine site. The custom mill processing will be completed at Kinross Gold's mill in Washington State. The mineralized material will be trucked from the Bonaparte Property to the Kinross facilities at Republic, Washington, where it will then be processed through that mill's, cyanide, carbon in-leach, precious mineral extraction circuit. Scheduling of Encore's processing is expected to be completed shortly with the first payment expected right after that. Approximately 1000 tonnes of mineralized quartz vein rock with high sulphide content has been extracted from the open pit mining phase of the vein.

Michael Mulberry, President of Encore comments, "This is the single most important milestone achieved by Encore to date. Now shipping the gold mineralized rock to Kinross for processing is a goal that has been attained by management, and is a significant step forward for a company of Encore's market capitalization. Encore expects to receive its first revenue from sales within the next 30-60 days. Management is proud of this achievement, and looks forward to what the future holds for Encore as the Bonaparte Gold Mine site is fully developed at a time of near all time high gold prices."

Four pit face samples were also submitted to EcoTech Labs for analysis. They averaged 36.5 g/tonne gold (0 M: 45.6 G/T; 2 M: 56.7 g/t; 3 M: 23.0 g/t; & 4 M: 18.9 g/t). Additional samples taken from this vein and samples taken from several of the similar parallel veins have been collected and sent for assay. These samples across the mined vein are believed to be representative of the grade of the mineralized rock within the potential mine site.

The preliminary testing by the mill has indicated that the recovery of the gold from the samples and potentially the whole proposed bulk sample was 97% (a large sample of material was sent to the facilities grading 1.4 ounces per ton). The mill reported as follows, "Results for latest test series are complete, recovery for best test with the use of lead nitrate to assist recovery was excellent at 97.5%. Recovery for the test without lead nitrate was 85.7%. For the best test the lime consumption was 10 lb/ton, but appears we can use less. The cyanide consumption was 20.7 lb/ton, but also appears we can use less. The next test series will be conducted on the actual as received material to confirm the results above and fine tune them for the actual mill run." Also the Gravity separation test has shown a very positive result with over 80% recovery of the gold bearing sulphides from a simple coarse grind is possible.

Encore, which has earned a 51-per-cent interest in the property to date, has the right to earn up to 60 per cent in the Bonaparte property by conducting the bulk sample and a proposed drilling program, which will enable the company to delineate the mineralization on the property. The Bonaparte property is located near Kamloops, B.C., Canada. Encore also has approximately 5,200 contiguous acres bordering Underworld Resources in the Yukon and approximately 160,000 contiguous acres of land prospective for lithium in Alberta.

This release has been reviewed by Laurence Stephenson P.Eng. the designated Qualified Person.

On behalf of the Board of Directors

Michael Mulberry, President and Director

The TSX Venture Exchange has in no way passed upon the merits of the proposed transaction and has neither approved nor disapproved the content of this press release.

Contact Information

  • Encore Renaissance Resources Corp.
    Michael Mulberry
    President and Director
    Email: info@encorerenaissance.com
    Encore Renaissance Resources Corp.
    Head Office Address
    PO Box 48474, Bentall Centre
    Vancouver, BC
    Canada V5C 2M7
    Website: www.encorerenaissance.com