January 27, 2011 10:59 ET

Inter-Rock RNY Mineral Property Update

TORONTO, ONTARIO--(Marketwire - Jan. 27, 2011) - Inter-Rock Minerals Inc. (TSX VENTURE:IRO) ("Inter-Rock") announces results from an exploration drilling program at its wholly-owned RNY Project in Humboldt County, Nevada. The RNY Project is located in Humboldt County, approximately 80 miles north of Winnemucca, Nevada. Inter-Rock holds 22 claims covering 440 acres. No royalties or lease payments are associated with the property.

The drill program comprised 8 reverse circulation drill holes totalling 1,070 feet (326 m.). All the holes were duplicate-sampled on 5' intervals, with the samples analyzed by BSI Inspectorate in Sparks, NV, an ISO 9001:2008 certified laboratory. Each of the holes returned contiguous intervals greater than 0.001 oz Au/ton. Gold mineralization is present both in Permian Happy Creek metasediments and in Cretaceous granodiorite.

Holes 10-05 and 10-06 were the most significantly mineralized. A continuous 35' interval in hole 10-05 averaged 0.008 oz Au/ton at 20-55' from surface (including 0.044 from 30-35'). Hole 10-06 contained a continuous 45' interval from 20 to 65' averaging 0.006 oz Au/ton and included 0.022 oz Au/ton (from 40-45') and 0.019 oz Au/ton (from 55-60') intercepts. Holes 10-02 and 10-04 bottomed in 0.003 and 0.001 oz Au/ton respectively, leaving the mineralized zones open at depth.

The drilling generally shows an association of anomalous Au with elevated As and fluffy Fe oxide in the host rocks, as well as with fracturing and bleaching of the host rocks. Clay and sericite alteration are also commonly associated with the Au. Hg is generally low, as are Ag and base metals, although a nearby area is highly anomalous in Hg without Au.

The present drilling explores only a small portion of the area of the property hosting anomalous gold. The best surface assay from another part of the property that was not drilled was a 15' trench sample averaging 0.205 oz Au/ton.

Inter-Rock considers these and previous results sufficiently encouraging to warrant further exploration of the property. Planning is underway for the next phase of work.

To date, there has been insufficient exploration at RNY to define a mineral resource and Inter-Rock cautions that there is a risk that further exploration will not result in the delineation of a resource.

Douglas H. McGibbon, MS Geol, a Certified Professional Geologist (CPG) with the American Institute of Professional Geologists and a Qualified Person under NI 43-101, has reviewed and approved the technical content of this news release. Mr. McGibbon has worked in exploration for gold and other commodities in Nevada and elsewhere for over 30 years.

Certain information regarding Inter-Rock including management's assessment of future plans and operations, may constitute forward-looking statements under applicable securities laws and necessarily involve risks associated with mining exploration and development, volatility of prices, currency fluctuations, imprecision of resource estimates, environmental and permitting risks, access to labor and services, competition from other companies and ability to access sufficient capital. As a consequence, actual results may differ materially from those anticipated in the forward-looking statements.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

Contact Information

  • Inter-Rock Minerals Inc.
    Michael B. Crombie, Ph.D.
    (416) 367-3003
    (416) 367-3638 (FAX)