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Royal Standard Minerals Inc./Pinon-Railroad Project, Elko County, Nevada: 2005-2006 Drilling Program Within 16,000 Acre Land Package Targeting Gold-Silver and Copper-Gold Resources.

Publication: Business Wire
Publication Date: 11-OCT-05
Format: Online
Delivery: Immediate Online Access

Article Excerpt
SPARKS, Nev. -- ROYAL STANDARD MINERALS INC. ("RSM")(TSX VENTURE:RSM)(OTCBB:RYSMF) The focus of the work program for 2005-2006 to be completed on the approximately 16,000 acre land package controlled by RSM will be to drill test a number of targets that have potential for deeper, underground gold resources. The development of new drill targets during this phase of study concentrated on areas in close proximity to the measured near surface oxide gold-silver projects that include the Pinon and the Railroad property deposits. These deposits are currently under evaluation for near term development as an open pit heap leach operation. RSM has commenced the process to obtain a mining permit with Federal and State agencies.

The regional exploration programs within the Carlin Trend over the past 20 years has resulted in the discovery of deeper (underground) high grade (0.4-1 opt) multi-million ounce gold deposits such as the Deep Star, Meikle and Rain-extension gold deposits. These structurally controlled deposits are frequently associated with or in close proximity to near surface open pit gold deposits. On the RSM property position there is geotechnical support from drilling, geologic, geochemical and geophysical data for continued exploration for deep gold-silver and copper-precious metal targets that are not exposed at the surface.

The initial exploration effort on the RSM land package will concentrate on exploring northwest,...

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