Royal Standard Minerals Inc.
OTC Bulletin Board : RYSMF

Royal Standard Minerals Inc.

October 27, 2005 12:25 ET

RSM: Underground Development Intersects High-Grade Mineralization at Goldwedge, Drilling Underway at Railroad-Pinon, Carlin Trend

SPARKS, NEVADA--(CCNMatthews - Oct. 27, 2005) - ROYAL STANDARD MINERALS INC. ("RSM")(TSX VENTURE:RSM)(OTCBB:RYSMF). The Goldwedge underground project - that includes a gravity recovery production plant and related facilities - has made significant progress. The underground development and bulk sampling test program has demonstrated very positive results, including gravity recovery rates of 90.9% - regrinding of the finer fractions should improve the recoveries according to Roland M. Larsen, Qualified person.

Underground development has concentrated on the construction of the second crosscut ("B") located approximately 200 feet north of the first crosscut ("A"). Drifting and (rib) sampling of the eastern most structural zone south of crosscut A has returned significant gold values within the interval 650-680 feet, this structural zone is still open toward the west at 680 feet, to include:

Calcite veins within the section 670-680 feet returned 3 opt gold
Calcite veins within a 663-665 feet section returned 2.5 opt gold

In addition, sampling drifts south of crosscut A has returned;

30 feet of 0.278 opt gold at 650-680 feet and includes
25 feet of 0.318 opt gold at 655-680 feet
5 feet of 0.225 opt gold at 655-660 feet
5 feet of 0.290 opt gold at 670-675 feet
5 feet of 1.148 opt gold at 675-680

10 feet of 1.226 opt gold (face sample @ 680 feet)

(The above assays were completed by the Company's in-house laboratory
and include regular blind check assays by commercial laboratories.
These values are in very good agreement with the assay values
previously reported by commercial laboratories over the past two to
three years. These data are also in very good agreement with nearby
underground assays and drill hole assays previously reported by
commercial laboratories as indicated below.)

The samples returned from the mineralized zone south of crosscut A
(above) are positioned approximately 20 feet south of the zone
encountered previously in crosscut A that returned;

Crosscut A 25 feet of 0.204
15 0.329
5 0.824

Gold mineralization cut in drill holes south of the current
development area, some of these drill holes were completed in 2003
and 2004 by RSM, are immediately below crosscut A as follows:

165-170 5 0.205
175-185 10 0.240
180-185 5 0.318
215-220 5 0.314
360-370 10 0.210

04-03 115-125 10 0.330
115-120 5 0.540
285-295 10 0.310

04-01 120-125 5 0.31

66 175-180 5 0.176
360-385 25 1.297
405-410 5 0.410

Ongoing development plans include continued drifting south on this structural zone. Bulk sampled material will continue to be processed onsite as part of the test mining program. The plant construction has been slowed to a degree by the availability of selected contractors. The result is that there has been a slight delay in the completion of the plant. The Company expects to commence final testing of the plant within 1-2 weeks.

RSM has started the drilling program on the Pinon-Railroad Project. The drilling will focus on the Railroad portion of the project and will include drill testing for potential extensions of the measured gold-silver resources and metallurgical test sampling.. Additional drilling will include the completion of 4 water monitoring wells as required for the mining permit application process.

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

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


Contact Information

  • Royal Standard Minerals
    Roland Larsen
    Qualified Person (NI-43-101)
    (775) 487-2454
    (775) 487-2454 (FAX)