SOURCE: Royal Standard Minerals, Inc.

Royal Standard Minerals, Inc.

November 03, 2009 09:37 ET

ROYAL STANDARD MINERALS, INC.'s (RYSMF) Current Activities at Goldwedge and Manhattan District, Nye County, Nevada

MANHATTAN, NV--(Marketwire - November 3, 2009) - Royal Standard Minerals, Inc. (OTCBB: RYSMF), announces that it is continuing with an evaluation program of the geologic and analytical data for the Goldwedge property. This program includes a complete analysis of the surface drilling and underground sampling data, the re-evaluation of the geology and the structural interpretations. This effort should confirm or slightly adjust the established relationships within the near surface portion of the deposit development where the structural zone and gold mineralization outcrops in this area. This portion of the deposit was placer mined and experienced some shallow underground mining more than 70 years ago. This work in conjunction with the surface drilling results should yield support for a model of the gold system at depth that will support the upcoming deeper development program. At this point the decline and crosscut development has achieved a depth of approximately 280 feet below the surface, the uppermost portion of the gold mineralized system.

In the Manhattan District, the Company is continuing with an evaluation of the available geologic data for all of its current property holdings as a means to identify the initial properties that will be selected for more detailed evaluations going forward. These properties will become high priority projects for permitting and development as a feed source for the Goldwedge plant.

RYSMF (C.U.S.I.P780919106) is a natural resource exploration and development company, www.royalstandardminerals.com

For further information contact Mr. Roland Larsen, (775) 487-2454 and/or RedChip Companies, Inc., Brad Kline, 1-800-733-2447and/or Mr. Rich Kaiser, Corporate Communications Coordinator, 800-631-8127.

Royal Standard Minerals cautions that the statements made in this press release constitute forward-looking statements, and no guarantees of future performance and actual results or developments may differ materially from the projections in the forward-looking statements. Forward-looking statements are based on the estimates and opinions of management at the time the statements are made.

Contact Information

  • Contact:
    Rich Kaiser
    800-631-8127