Rostock Ventures Corp.
OTC Bulletin Board : ROSV

August 03, 2011 16:05 ET

Rostock Ventures Corp.: Operations to Commence on Yukon Gold Prospect

SAN DIEGO, CALIFORNIA--(Marketwire - Aug. 3, 2011) - Rostock Ventures Corp. (OTCBB:ROSV) wishes to report that the work program on its White Gold Prospect in the Yukon is scheduled to commence. This prospect is in the vicinity of Kinross Gold Corp's Golden Saddle Property whch was acquired from Underworld Resources in June 2010.

President Mr. Greg Rotelli states, "We are pleased to be moving forward on our Yukon Gold Prospect and look forward to being underway in August. Management is also continuing to evaluate additional prospects while we are active on the Yukon Prospect. With gold prices at all time highs this week, clearly this a great time to start operations on our gold prospect."

Rostock's current project is the White Gold Yukon Claim which is approximately 3200 contiguous acres and lies within the globally prolific mining region known as the Tintina Gold Belt. Management is planning on commencing operations on this 100 percent owned White Gold Yukon Prospect soon and is currently sourcing crews for this highly prospective project and anticipates being able to finalize a work program shortly. The White Gold Prospect lies in direct vicinity of the White Gold Discovery made by Underworld Resources. Underworld intercepted over 104 meters of high-grade mineralized core that graded an average of 3.39 grams per ton. This, along with other high-grade drill results from their White Gold Property subsequently caused Kinross, the world's fifth-largest gold producer, to takeover Underworld Resources for 2.60 a share in June 2010.

Management is also currently actively engaged in evaluating new prospects as well that could add new potential shareholder value to Rostock. These new prospects include, but not limited to, gold, silver and rare earth element (REE) prospects including lithium. Management is going to commence one or more of these new prospects in the near future.

Forward-looking Statements: Some of the statements contained in this press release are forward-looking statements which involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the company, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward looking statements, including the risks and uncertainties related to the progress, timing, cost, and results of exploration programs; competition from other exploration or mining companies; and the company's ability to obtain additional funding required to conduct its exploration activities. Please refer to the company's filings with the Securities and Exchange Commission for a comprehensive list of risk factors that could cause actual results, performance or achievements of the company to differ materially from those expressed or implied in such forward looking statements. The company undertakes no obligation to update or revise any forward-looking statements.

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