Revolver Resources Inc.

March 16, 2011 15:27 ET

Revolver Resources Inc.: Planning Underway for the 2011 Exploration Program

VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 16, 2011) - Revolver Resources Inc. (TSX VENTURE:RZ) (the Company) is pleased to announce planning is underway for the upcoming exploration season on the Company's Chita Property located in the Clinton Mining Division, B.C. The Company will follow the recommendations of John Kerr, P.Eng, author of the qualifying report for Revolver. These recommendations include a 3 D IP program, a ground magnetometer survey, soil and rock sampling, prospecting and geological mapping over an 8 square km area of the property as delineated in the 43-101 report on the property.

The property is located in the Intermontane belt of Cretaceous volcanic rocks in central British Columbia. In this area of the province, the dominant rock types are volcanic and sedimentary rocks of Cretaceous age. The Taylor Creek group and Powell Creek Formation are the principal rock groups of the property intruded by Upper Cretacous granodiorite and quartz porphyry stocks and small batholiths. Intrusive rocks are hosts of the main Chita showing and most mineralization of value on the property. The structural setting of the property is a very complex set of faults, the main structure being the Chita fault.

The geological environment of the property is suited to host a number of deposit types. The principal targets are alkalic porphyry copper (gold/molybdenum) deposits similar in nature to the deposits of the Fish lake property (Prosperity Mine), 18 km to the northeast and 40 km to the east to the inferred deposits of the poison Mountain property 40 km to the east.

The Chita property consists of 30 mineral claims (13,680 hectares) located 195 km southeast of Williams Lake, B.C. Two mineral showings are reported on the property; the Chita showing and the Taseko Mountain showing. The Chita showing is the most representative of porphyry styles of mineralization.

The Company also announces that Chris Dyakowski, P.Geo has been appointed a director of the Company. Mr. Dyakowski has 30 years experience as a professional geologist and is a qualified person as defined in NI 43-101. He also holds the position as director and officer of several public companies. The Company has also granted Mr. Dyakowski 40,000 stock options at today's closing price.

The Company has accepted the resignation of Nick Watters as director of the Company. The Company would like to thank Mr. Watters for his services.

Mr. Chris Dyakowski, P.Geo is a qualified person as defined by NI 43-101, and has reviewed and approved the information contained in this release.

"Craig Engelsman"

Craig Engelsman, President and Chief Executive Officer

WARNING: The Company relies on litigation protection for "forward looking" statements. Actual results could differ materially from those described in the news release as a result of numerous factors, some of which are outside the control of the Company.

Neither TSX Venture Exchange nor its Regulation Service 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

  • Revolver Resources Inc.
    Craig Engelsman
    President and Chief Executive Officer
    (604) 683-8610
    (604) 683-8605 (FAX)