Royal Standard Minerals Inc.
OTC Bulletin Board : RYSMF

Royal Standard Minerals Inc.

March 17, 2008 09:00 ET

RSM Gold-Silver Exploration Drilling Results at Dixie-Comstock Property Churchill County, Nevada


The Company has completed the first core drill hole on the Dixie-Comstock property located in Churchill County, Nevada. Drill holes two and three are in progress. The program is drilling the untested southwest extension of an epithermal gold-silver system that occurs within a heavily altered gabbroic intrusive sequence, according to Roland M. Larsen, qualified person. All of the drill holes have tested an altered gabbro that includes long sections of altered, bleached, pyritized and silicified veins within the target section. Most of the assay results are pending. The mineralized zone toward the southwest along strike is essentially unexplored, good results could significantly increase the areal extent of the gold mineralization on this property. Fire assay results from the Company's in-house laboratory, does include random checks with an outside laboratory for gold and silver, of the second drill hole (DC-2-08) as received includes the upper portion of this hole from 0'- 190 feet. The drill indicated section (45 degree inclination) from 10' to 185' or 175' has returned continuous gold mineralization with a section of higher grade gold values that include long intervals of lower grade gold values within the entire (175 feet) section. Some of the better intervals within this section include:

10' of 0.048 opt @ 20'-30'
5' of 0.257 opt @ 40'-45'
25' of 0.0756 opt @ 20'-45'
40' of 0.144 opt @ 20'-55'
5' of 0.723 opt @ 45'-50'
10' of 0.386 opt @ 45'-55'
10' of 0.043 opt @ 70'-80'
5'of 0.101 opt @ 90'-95'
10' of 0.041 opt @ 85'-95'
5' 0.110 opt @ 135'-140'
10' of 0.090 opt @ 135'-140'
45' of 0.096 opt. @ 135'-180'
10' of 0.236 opt @ 170'-180'

DC-08-2 is in progress and is expected to extend to approximately 900 feet drill depth, only the upper portion to 203 feet has been assayed. The gold mineralization occurs as disseminations within the gabbro and as close spaced inclined and horizontal quartz and calcite veins within this unit.

This property has had considerable drilling, at least 200 RC and core drill holes, activity over the years by several major companies. The results reveal a near surface epithermal gold-silver system that is drill tested over a strike length of 1,100 feet and is more than 600 feet in width. As indicated previously RSM plans to evaluate the potential for expanding the identified gold mineralized system along strike and later to better define the existing mineralization with strategic infill drill holes that should help to define the known resource.

RSM is an exploration and development company with advanced gold projects in Nevada.

Royal Standard Minerals cautions that the statements made in this press release and other forward looking statements made on behalf of the Company may be affected by such other factors including, but not limited to, volatility of mineral prices, product demand, market competition, imprecision of mineral estimates, and other risks detailed herein and from time to time in the Securities and Exchange Commission filings of the Company.

C.U.S.I.P. # 780919106


The TSX.V Exchange does not accept responsibility for adequacy or accuracy of this release as per Exchange Policy 3.3 section 6.5.

Contact Information

  • Royal Standard Minerals Inc.
    Mr. Rich Kaiser
    Investor Relations
    Royal Standard Minerals Inc.
    Roland Larsen
    Qualified Person NI-43-101
    775-775-2460 (FAX)