Rio Cristal Resources Corporation
TSX VENTURE : RCZ
BVLAC : RCZ

Rio Cristal Resources Corporation

January 11, 2011 10:29 ET

Correction From Source: Rio Cristal Updates Status of Its Projects

VANCOUVER, BRITISH COLUMBIA and LIMA, PERU--(Marketwire - Jan. 11, 2011) - Rio Cristal Resources Corporation (TSX VENTURE:RCZ)(BVLAC:RCZ) ("Rio Cristal" or the "Company") is correcting its news release dated January 10, 2011 which provided a corporate progress report on its projects.

A table of gold intercepts at the Condor gold project should have reported:

Zone 2

  • Drill Hole C05 - 20 meters of .737 g/t gold including 2 meters of 3.605 g/t gold
  • Drill Hole C06 - 2 meters of .462 g/t gold and 2 meters of .562 g/t gold
  • Drill Hole C08 - 30 meters of .127 g/t gold
  • Drill Hole C09 - 38 meters of .717 g/t gold, including 4 meters of 3.421 g/t gold
  • Drill Hole C10 - 34 meters of .343 g/t gold

Zone 3

  • Drill Hole C11 – 10 meters of .350 g/t gold, including 2 meters of 1.089 g/t gold

A table in the original news release incorrectly reported the following:

Zone 2

  • Drill Hole C05 - 20 meters of .737 g/t gold including 2 meters of 3.605 g/t gold
  • Drill Hole C06 - 2 meters of .462 g/t gold and 2 meters of .562 g/t gold
  • Drill Hole C08 - 30 meters of .127 g/t gold
  • Drill Hole C09 - 38 meters of .717 g/t gold, including 4 meters of 3.421 g/t gold
  • Drill Hole C99 - 16 meters of .559 g/t gold, including 2 meters of 2.502 g/t gold
  • Drill Hole C09 - 20 meters of .737 g/t gold, including 2 meters of 3.605 g/t gold
  • Drill Hole C10 - 34 meters of .343 g/t gold

Zone 3

  • Drill Hole C11 – 10 meters of .350 g/t gold, including 2 meters of 1.089 g/t gold

About Rio Cristal Resources Corporation

Rio Cristal Resources is a Canadian corporation focused on the discovery and further development of gold, copper and zinc deposits in Peru. The Company's shares are listed on the Toronto Stock Exchange, Venture Segment and the Bolsa de Valores de Lima (Lima Stock Exchange).

This news release includes certain "forward-looking statements" under applicable Canadian securities legislation. All statements other than statements of historical fact included in this release, including, without limitation, statements regarding potential exploration results, future plans and objectives of the Company are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future results, events and objectives could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from Rio Cristal's expectations include exploration and other risks detailed from time to time in the filings made by the Company with securities regulators.

This news release does not constitute an offer to sell or solicitation of an offer to sell any securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contact Information

  • Rio Cristal Resources Corporation
    Lucia Cestti
    (778) 588-6880 or Toll Free: (866) 609-9644
    or
    Rio Cristal Resources Corporation
    Thomas Findley
    (778) 588-6880 or Toll Free: (866) 609-9644
    (604) 609-9946 (FAX)
    www.riocristalresources.com