SOURCE: Royal Standard Minerals, Inc.

Royal Standard Minerals, Inc.

October 06, 2009 09:15 ET

Royal Standard Minerals Inc. (RYSMF) Exercises Its Option to Purchase Unpatented and Patented Mining Claim Groups in Churchill and Nye Counties, Nevada for $600,000

MANHATTAN, NV--(Marketwire - October 6, 2009) - Royal Standard Minerals, (OTCBB: RYSMF), ("RSM") announces that it has exercised its option to purchase under an agreement with Dixie Comstock Exploration Co. and Anthony Selig unpatented and patented mining claim groups in Churchill County, and the Manhattan District claims in Nye County, Nevada for $600 thousand. These claim groups offer a good strategic fit to help support future growth of the Company's gold-silver program in Nevada.

RSM (C.U.S.I.P780919106) is a Nevada based natural resource exploration and development company, www.royalstandardminerals.com

For further information about this release contact Mr. Roland Larsen, (775) 487-2454 and/or Mr. Rich Kaiser, Investor Relations, 800-631-8127.

Royal Standard Minerals cautions that the statements made in this press release constitute forward looking statements, and no guarantees of future performance and actual results or developments may differ materially from the projections in the forward-looking statements. Forward-looking statements are based on the estimates and opinions of management at the time the statements are made.

Contact Information

  • Contact:
    Roland Larsen
    804-580-8107
    Rich Kaiser
    800-631-8127