Ringbolt Ventures Ltd.

Ringbolt Ventures Ltd.

September 01, 2011 08:00 ET

Ringbolt Samples Submitted on Lisbon Valley Potash Project

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 1, 2011) - Ringbolt Ventures Ltd. (the "Company" or "Ringbolt"), (TSX VENTURE:RBV)(OTCQX:RNGTF)(FRANKFURT:3OZ) The Company has submitted core samples for analysis from its Lisbon Valley Potash Project in the state of Utah.

Sixty-three (63) one-foot composite core samples were collected from the Ringbolt Venture's state section RBV-11-36A-1 core hole. (from drilling announced on June 21, 2011) These samples were submitted to the accredited SGS Minerals Services analytical laboratory in Lakefield, Ontario on August 26, 2011 for the following mineral analysis:

Boron, Bromide, Calcium, Carnallite, Chloride, Halite, Lithium, Magnesium, Potassium, Potassium (total), Potassium Chloride, Potassium Oxide, Sodium, Sulfate, Sulfur, Sylvite, Moisture and Insoluables, and 31 elemental ICP scan.

The reverse circulation drilling was carried out from surface to a depth of 2,474 feet, where the first drill core point was located. Core drilling was carried out from 2,474 feet to 2,728 feet. The drill then switched back to reverse circulation drilling from 2,728 feet to 3,374 feet to the second projected core point. The remainder of the hole was cored to the end of the hole at 3,449 feet.

Mr Simon Tam, President of Ringbolt Ventures stated, "With the ongoing drilling activities on our Lisbon valley state section located within the Know Potash Leasing Area (KPLA) we are excited to validate the potential of our property."

Potash was first discovered in the Paradox Basin in an oil and gas well in 1924. In 1962, Superior Oil Company drilled the first potash at the crest of the Lisbon Valley anticline. Since 1964, potash and by product salt have been produced from the Cane Creek mine. The Cane Creek mine was first owned and operated by Texas Gulf Sulphur, and is now owned and operated by Intrepid Potash Company. Potash was originally produced by underground mining and, in 1970, the mine was converted to solution mining. Solution mining has proven to be the ideal process in the project area because of the hot summers and low humidity. The mine has produced nearly continuously since 1964, and reportedly has a future mine life of 30 years.

About Ringbolt Ventures Ltd.

Ringbolt Ventures Lisbon Valley project consists of nine state mineral leases totalling 6,421 acres and applications for potash prospecting permits, totalling 24,640 acres. The project is located in San Juan County, Utah, within the Paradox Basin, a large sedimentary basin containing rocks of Pennsylvanian to Cretaceous age. The salt and potash beds are in the Pennsylvanian Paradox formation that is over 4,000 feet thick, with 29 separate cycles of salt, potash and clastic sediments.

Technical information in this news release has been reviewed by Derrick Strickland, P.Geo., a qualified person as defined in NI 43-101.

Ringbolt Ventures Ltd. - please visit www.ringboltventures.com.

On behalf of the Board of Directors

Simon Tam

Disclaimer and Cautionary Statement Regarding Forward-Looking Information

This news release shall not constitute an offer to sell or the solicitation of an offer to buy securities in any jurisdiction.

All statements, trend analysis and other information contained in this press release relative to markets about anticipated future events or results constitute forward-looking statements. Forward-looking statements are often, but not always, identified by the use of words such as "seek", "anticipate", "believe", "plan", "estimate", "expect" and "intend" and statements that an event or result "may", "will", "should", "could" or "might" occur or be achieved and other similar expressions. Forward-looking statements are subject to business and economic risks and uncertainties and other factors that could cause actual results of operations to differ materially from those contained in the forward-looking statements. Forward-looking statements are based on estimates and opinions of management at the date the statements are made. The Company does not undertake any obligation to update forward-looking statements even if circumstances or management's estimates or opinions should change. Investors should not place undue reliance on forward-looking statements.

Ringbolt Ventures Ltd. seeks safe harbor.

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 press release.

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