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Revolution Resources Corp
Symbol RV
Shares Issued 57,708,550
Close 2011-06-21 C$ 0.60
Market Cap C$ 34,625,130
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Revolution drills 22.53 m of 6.10 g/t Au at Champion

2011-06-22 16:26 ET - News Release

Mr. Aaron Keay reports

REVOLUTION DISCOVERS NEW ZONE AT CHAMPION HILLS DISTRICT, INTERSECTS 22.5 METERS AVERAGING 6.10 G/T AU, 258.7 G/T AG AT SURFACE

Revolution Resources Corp.'s initial drill hole at the Jericho Hill prospect has discovered a new zone at the company's Champion Hills project by intersecting high-grade gold and silver mineralization starting at surface. Drill results from the Silver Hill and Silver Valley targets have also been received.

Jericho Hill

Drill hole JH11-01 intersected 22.53 metres averaging 6.10 grams per tonne gold and 258.65 g/t silver, including 7.93 metres averaging 16.06 g/t Au and 698.66 g/t Ag. The interval also includes 1.5 metres averaging 56.6 g/t Au and 2,430 g/t Ag. The mineralized intersection started at the base of saprolite (weathered rock) at 28.5 metres depth and was not initially analyzed, however has now been sent for assay.

"These results, coupled with our previous discoveries at the Loflin and Jones Keystone zones, continue to suggest the potential for new discoveries along the 25-kilometre-long Champion Hills trend," said Aaron Keay, president and chief executive officer of Revolution Resources. "We intend to aggressively follow up on these discoveries immediately by adding a second drill rig."

The Jericho Hill target is a newly discovered occurrence of gold- and silver-rich altered and veined sediments, with no previous known history of exploration or lode production. The area has been historically mined for alluvial gold. During the fall of 2010, the company collected eight grab samples from a 20-metre-long, 10-metre-wide area of outcrop. Select samples include 6.23 g/t Au and 273 g/t Ag, 4.05 g/t Au and 130 g/t Ag, and 1.76 g/t Au and 898 g/t Ag. Samples range from trace values to 6.23 g/t Au and 898 g/t Ag, averaging 1.8 g/t Au and 189.5 g/t Ag. Drill hole JH11-01 was collared 90 metres west of the discovery outcrop, and drilled at a 45-degree dip angle toward the surface showing. Current interpretation is that the mineralized zone has a subhorizontal orientation.

Mineralization at Jericho Hill is typified by deformed quartz veins within a metavolcanic rock, with disseminated pyrite, chalcopyrite, galena, sphalerite and tellurides within the veins and host rock.

Silver Hill

Six drill holes were complete at the Silver Hill property, located at the western end of the Champion Hills trend. The Silver Hill mine was one of the earliest lode gold and silver mines in the Carolina slate belt, with production from 1838 until 1912. The mine was famous for spectacular supergene native gold and silver specimens, some of which are displayed in the Smithsonian institution. The deposit is interpreted to be a precious-metal-rich volcanogenic massive sulphide deposit (VMS) style. Historic drilling and underground drifting by Tennessee Copper in the 1960s traced mineralization down to 550 metres below surface.

Three drill holes intersected intervals of precious- and base-metal-rich massive sulphides, with both copper- and zinc-rich zones. Drill hole SH11-01 intersected 1.0 metre averaging 4.20 g/t Au, 35.6 g/t Ag and 4.2 per cent Cu starting at 295 metres downhole. SH11-02 encountered 1.0 metre averaging 2.8 g/t Au, 106 g/t Ag, 13.45 per cent lead and 22.40 per cent Zn. Drill holes SH11-04 to 06 tested surface geochemical anomalies and did not intersect significant mineralization.

Revolution plans on completing additional surface mapping and downhole geophysical surveys prior to follow-up drilling at Silver Hill.

Silver Valley

Five drill holes were completed at the Silver Valley base and precious metal target. Silver Valley is located approximately three kilometres south and on trend with the Silver Hill mine, and was the site of historic underground production for lead, gold and silver. Mineralization within dump material includes sediment- and volcanic-hosted massive and semi-massive sulphides, similar to the Silver Hill mine. During the early 1990s BHP completed induced polarization geophysics, mapping and sampling, as well as 1,858 metres of core drilling in 12 wide-spaced holes, targeting bulk-tonnage gold mineralization. This work identified a 750-metre-long gold/silver-in-soil anomaly (greater than 100 parts per billion Au) and coincident IP chargeability anomaly. Historic drill results include: 30.2 metres averaging 3.68 g/t Au and 9.74 g/t Ag, and 13.4 metres averaging 0.31 g/t Au and 17.75 g/t Ag.

Drilling intersected wide zones of anomalous (greater than 3,000 parts per million Zn and Pb) that were also anomalous in Au and Ag. SV11-01 intersected 8.0 metres averaging 0.61 g/t Au, 21.11 g/t Ag, 0.86 per cent Pb and 1.21 per cent Zn. Drilling and surface mapping suggest that the host volcanic and sedimentary rocks at Silver Valley have been extensively folded, with possible remobilization of sulphide minerals. The company plans on completing additional surface work to finalize follow-up drilling within this large system of alteration.

Complete drill results are in the table.

Hole ID   Target          From      To     Length     Au     Ag     Cu     Pb   Zn  
                           (m)     (m)      (m)     (g/t)   (g/t)   (%)   (%)   (%)

JH11-001 Jericho          28.50   51.03     22.53    6.10  258.65              
including                 43.10   51.03      7.93   16.06  698.66              
and                       47.00   48.50      1.50   56.60 2430.00              
SH11-01  Silver Hill     287.00  290.00      3.00    0.19    3.53  0.13   0.14  4.78
                         295.00  303.00      8.00    1.60   11.59  0.58   0.42  1.12
including                295.00  296.00      1.00    5.69   35.60  4.20   0.01  0.62
SH11-02  Silver Hill     232.00  234.00      2.00    3.39   18.00  0.33   0.89 10.26
including                233.00  234.00      1.00    6.58   22.80  0.57   0.20  6.66
                         238.00  242.00      4.00    1.39   37.28  0.10   4.66  8.47
including                241.00  242.00      1.00    2.80  106.00  0.33  13.45 22.40
SH11-03  Silver Hill     332.00  340.38      8.38    2.84    6.44  0.03   0.31  1.01
including                339.00  340.38      1.38    2.53   31.32  0.13   1.59  5.62
SH11-04  Silver Hill     No significant intercepts                                  
SH11-05  Silver Hill     No significant intercepts                                  
SH11-06  Silver Hill     No significant intercepts                                  
SV11-01  Silver Valley    14.00   22.00      8.00    0.61   21.11  0.05   0.86  1.21
SV11-02  Silver Valley   No significant Intercepts                                  
SV11-03  Silver Valley   No significant intercepts                                  
SV11-04  Silver Valley    78.00   80.00      2.00    0.22   62.90  0.05   0.35  0.53
SV11-05  Silver Valley    14.00   18.00      4.00    2.12    1.70  0.02   0.01  0.06

True widths are unknown.

To date, Revolution has completed 16,000 metres of core drilling in North Carolina. With the current widespread extent of gold mineralization identified to date at Champion Hills, the company wishes to accelerate the exploration program. In addition, to test new targets that have never received previous drilling, such as Jericho Hills, drilling will expand the Loflin and Jones-Keystone areas, where mineralization remains wide open to expansion in all directions. The second drill rig is expected to be on site during mid- to late June, 2011.

A property location map and drill hole plans can be viewed on the company's website.

About the Champion Hills project

The Champion Hills property comprises multiple historic pits and workings within a 25-kilometre-long trend in North Carolina. The project occurs within the Carolina slate belt, which hosts most of the major gold mines in the southeastern United States. Significant deposits include the Ridgeway mine, which produced 1.5 million ounces of gold from 1988 to 1999, and Romarco's Haile mine project. The Champion Hills project is geologically analogous to these deposits, whereby gold mineralization is hosted within quartz-sericite-pyrite-altered volcanic rocks, associated with northeast-trending shear zones.

Minimal modern exploration has occurred in the Carolina slate belt, generally due to previous complex land tenure. Gold was discovered in Champion Hills in the early 1800s, with small-scale production from many small operations. Mining continued in the area through the 1930s depression era. Noranda explored Champion Hills for shallow, open-pit gold deposits from 1989 to 1992, completing 23 core holes totalling 2,936 metre. This drilling encountered multiple drill intercepts ranging between 0.5 to 1.3 g/t Au over long intervals, including several holes that were abandoned in mineralization at depth.

Complete historic results can be viewed on the company's website.

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