Reservoir Capital Corp.
TSX VENTURE : REO

Reservoir Capital Corp.

September 19, 2007 08:00 ET

Reservoir Intercepts Additional Gold Mineralization at Brestovac

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 19, 2007) - Reservoir Capital Corp. ("Reservoir" or the "Company") (TSX VENTURE:REO) is pleased to provide results of the latest diamond drilling on its Brestovac property in Serbia. In total a further 611 meters were drilled in 4 step-out holes. All the holes intercepted gold mineralization above a cut-off of 1.0 grams per tonne (g/t) gold. This phase of drilling has increased the strike length of gold mineralization intercepted in drill holes to 250 meters. The significant intercepts are tabled below:



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Weighted
FROM TO INTERVAL average
DRILL HOLE NO (meters) (meters) (meters) g/t gold
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BN-02 84.50 88.30 3.80 1.30
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BN-08 41.20 76.80 35.60 2.65
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including 41.20 45.50 4.30 6.91
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best intercept 42.80 44.00 1.20 18.5
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including 65.60 69.60 4.00 12.65
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best intercept 67.60 69.60 2.00 14.30
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BN-09 95.30 113.90 18.60 1.52
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including 109.00 113.90 4.90 4.04
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best intercept 109.00 110.10 1.10 7.13
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BN-10 48.40 54.30 5.90 1.16
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including 48.40 50.30 1.90 2.54
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Low grade gold mineralization (weighted average of less than 1 g/t gold) was also intercepted in BN-02 (43.00 meters at 0.33 g/t gold) and in BN-10 (18.90 meters at 0.56 g/t gold). A target location map, drilling plan map and updated drill sections will be posted on the Company's website www.reservoircapitalcorp.com.

Initial interpretation suggests there are several fault-controlled mineralized structures with widths of 5 - 30 meters within a strike-slip fault-duplex system. This structural setting is considered favourable for the development of both epithermal gold and porphyry copper-gold mineralization. The Company plans further infill and step-out drilling in the coming months and has commissioned a detailed 16 kilometer deep-IP (induced polarization) geophysical survey over porphyry copper-gold targets adjacent to the Brestovac gold mineralization that were identified by the Company's earlier surveys.

Comments on Sampling, Assaying and Quality Control

The assays reported in this press release refer to diamond drill core that was sawed in half at the Company's sample preparation facility in Belgrade. Half the core was sampled and crushed to less than 2 millimeters, with the remaining half of the core stored for reference. Samples were submitted to the ISO 17025 accredited ALS-Chemex Laboratory in Vancouver, Canada, for analysis. Gold was analyzed by fire assay of 50 gram samples with an AAS finish, and multi-element analyses were determined by ICP MS/AAS techniques. The Company conducts routine QA/QC analysis on all assay results, including the systematic utilization of certified reference materials, blanks and duplicates.

Dr. Duncan Large, Chartered Engineer (UK) and Eur. Geol., a Qualified Person as defined by National Instrument 43-101 and consultant to the Company, is responsible for the preparation of the technical information in this release.

About Reservoir

Reservoir is a natural resource company, currently exploring for gold and base metals on six exploration properties in Serbia and actively seeking new business opportunities through its in-country team of geologists and business development specialists. Reservoir's common shares trade on the TSX Venture Exchange under the symbol "REO".

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

Contact Information

  • Reservoir Capital Corp.
    Miljana Vidovic
    President
    (604) 662-8448
    or
    Reservoir Capital Corp.
    Miles Thompson
    Chairman
    (604) 662-8448
    or
    Reservoir Capital Corp.
    Kim Casswell
    Corporate Secretary
    (604) 662-8448
    (604) 688-1157 (FAX)
    Website: www.reservoircapitalcorp.com