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Rift Valley Resources Corp
Symbol RVR
Shares Issued 20,591,652
Close 2014-07-28 C$ 0.01
Market Cap C$ 205,917
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Rift Valley samples up to 1.2 m of 72.7 g/t Au at Cat

2014-07-31 17:31 ET - News Release

Mr. Craig Robson reports

RIFT VALLEY RESOURCES CORP., RECEIVES ASSAY RESULTS FROM LATEST SAMPLING OF ITS HIGH GRADE No. 1 MAGNETITE VEIN

Rift Valley Resources Corp. has received the assay results of its latest sampling on the high-grade gold-bearing No. 1 magnetite vein and related areas, located on the company's Cat Mountain property in north-central British Columbia.

A geological and prospecting team spent five days examining the No. 1 and No. 2 magnetite veins to better aid in determining the strike length and distribution of high-grade gold within the two principle gold-magnetite vein systems prior to undertaking a detailed and systematic excavator supported trenching program. A surface grab and chip sampling program was conducted over portions of the exposed length of the No. 1 and No. 2 magnetite veins, as well as other areas of interest under the supervision of Warren Robb, PGeo. A combination of 24 grab and chip rock samples was submitted to Acme Labs of Vancouver for 37-element ICP analysis with gold assays determined by fire assay of a 30-gram pulp. The results of this work are shown in the attached table.

                               NO. 1 MAGNETITE VEIN 

Sample No.     Sample type       Length           Au           Ag           Cu 
                                     (m)        (g/t)        (ppb)        (ppm)

96901                 Chip          1.2         72.7        11445         3337
96902                 Chip          0.9        106.1        14704         3629
96903**               Chip          0.5           84        15544       >10000**
96904**               Chip         0.53         55.8         9483       >10000**
96905                 Chip          0.4          0.3          208         3079
96906                 Grab                       1.1          603         3987
96907                 Grab                      27.7         3832         2022
96908                 Chip          0.4          5.2         1186         3722
96909                 Grab                      39.1         8059         4680
96910                 Grab                       278        22921         2651
96911                 Grab                      84.4        12407         2119
Luan           Select grab                      22.8         3309         5577

                                NO. 2 MAGNETITE VEIN

Sample No.     Sample type       Length           Au           Ag           Cu 
                                     (m)        (ppm)        (ppb)        (ppm)

96916                 Grab                       6.5         2431         1642
96917                 Grab                       0.1          275         2130
96918*         Select grab                  17.4 g/t*        4167         2574
96919                 Grab                       3.5         1379         2256

                           LIMONITE ZONE AND LIMONITE VEIN

Sample No.     Sample type       Length           Au           Ag           Cu 
                                     (m)        (ppm)        (ppb)        (ppm)

96913**               Chip          0.7          0.5        47234       >10000**
96914**               Chip          1.4          0.5        36985       >10000**
96915**               Chip         0.25          0.1         9273       >10000**

                                        BET ZONE

Sample No.     Sample type       Length           Au           Ag           Cu 
                                     (m)        (ppm)        (ppb)        (ppm)

96920**               Chip            5          0.8        21812       >10000**
96921                 Grab          3.5          2.9          936         1911
96922**               Grab          0.7          0.2        37485       >10000**
9692 **               Chip   Select 0.3          0.1         6211       >10000**

                                       CAMP ZONE

Sample No.     Sample type       Length           Au           Ag           Cu 
                                     (m)        (ppm)        (ppb)        (ppm)

96924                Grab                          0          147         2489

Notes for all tables:
*  The gold result for sample No. 96918 was reported in 
   grams per tonne rather than parts per million.
** Copper: some copper results were reported as greater than 10,000 
   parts per million (greater than 1 per cent copper). The company 
   does not know the actual value for those samples as the copper 
   content exceeded the detection limit for the analytical method 
   used. Management is considering the option of a more-precise 
   analytical procedure to determine a more accurate result.

The company is planning a further exploration program of the above veins and surrounding area in late August or early September. Rift Valley has a valid notice of work permit (MX-13-242) to conduct ground magnetometer surveys and excavator trenching expiring Dec. 31, 2015. The company has submitted an additional notice of work to add blasting to the existing permit to allow the collection of fresh sample material from depth and free of potential surface oxidation.

Samples obtained during this program remained under the supervision of company personnel until delivered to Acme Labs in Vancouver. The samples were then dried, crushed and pulverized, a 15-gram pulp was analyzed for 37 elements by ICP-MS method, a 30-gram pulp was analyzed by fire assay; any samples returning greater than 10 parts per million gold were then reanalyzed by fire assay with a gravimetric finish to obtain final values. Acme Labs is a fully accredited laboratory and sample duplicates and standards were inserted by Acme Labs and verified by the qualified person.

Warren Robb, PGeo, is the qualified person for the company and approves the contents of this news release.

We seek Safe Harbor.

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