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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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ORIGINAL: 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

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

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

Canada NewsWire

VANCOUVER, June 22, 2011 /CNW/ - Revolution Resources Corp ("Revolution" or "The Company") is pleased to announce that the 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 meters averaging 6.10 g/t Au and 258.65g/t Ag, including 7.93 meters averaging 16.06 g/t Au and 698.66 g/t Ag. The interval also includes 1.5 meters 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 meters 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 25km long Champion Hills Trend," said Aaron Keay, President and CEO 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 meter long, 10 meter 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 meters west of the discovery outcrop, and drilled at a 45˚ dip angle towards 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 1960's traced mineralization down to 550 meters 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 meters averaging 4.20 g/t Au, 35.6 g/t Ag and 4.2% Cu starting at 295 meters down hole.  SH11-02 encountered 1.0 meters averaging 2.8 g/t Au, 106 g/t Ag, 13.45% Pb and 22.40% 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 1990's BHP completed IP geophysics mapping and sampling as well as 1,858 meters of core drilling in 12 wide-spaced holes, targeting bulk tonnage gold mineralization.  This work identified a 750 meter long gold/silver in soil anomaly (>100 ppb Au) and coincident IP chargeability anomaly.  Historic drill results include: 30.2 meters averaging 3.68 g/t Au and 9.74 g/t Ag, and 13.4 meters averaging 0.31 g/t Au and 17.75 g/t Ag.

Drilling intersected wide zones of anomalous (>3000 ppm Zn and Pb), that were also anomalous in Au and Ag.  SV11-01 intersected 8.0 meters averaging 0.61 g/t Au, 21.11 g/t Ag, 0.86% Pb and 1.21% 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 as follows:

Hole-IDTargetFrom
(m)
To (m)Length
(m)
Au
(g/t)
Ag (g/t)Cu %Pb %Zn %
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 meters 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 at www.revolutionresourcescorp.com.

About the Champion Hills Project

The Champion Hills Property is comprised of multiple historic pits and workings within a 25 kilometer long trend in North Carolina.  The Project occurs within the Carolina Slate Belt, which hosts most of the major gold mines in the southeastern U.S.  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 1800's, with small scale production from many small operations.  Mining continued in the area through the 1930's depression era.  Noranda explored Champion Hills for shallow, open-pit gold deposits from 1989 to 1992, completing 23 core holes totalling 2,936 meters.  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 at www.revolutionresourcescorp.com.

About Revolution

Revolution's 2011 exploration program at Champion Hills is performed under the supervision of Katie Lucas, P.Geo. and Robert McLeod, P.Geo, Director of Revolution, both Qualified Persons as defined by NI 43-101. Drill cores are cut in half using a diamond saw, with one half placed in sealed bags, and delivered to Activation Laboratories, an accredited laboratory in Ancaster, Ontario,  and delivered to ALS-Chemex accredited facilities in Reno, Nevada for preparation and analysis using both fire assay and multi-element ICP methods. A sample quality control/quality assurance program utilizing standards and blanks, as well as third-party check labs has been implemented.  Contents of this release were prepared by and approved for release by Mr. McLeod.

ON BEHALF OF THE BOARD

"Aaron Keay"

President, CEO and Director

Forward-Looking Statements: This Revolution Resources Corp. News Release may contain certain "forward-looking" statements and information relating to Revolution which are based on the beliefs of Revolution management, as well as assumptions made by and information currently available to Revolution management. Such statements reflect the current risks, uncertainties and assumptions related to certain factors including, without limitations, exploration and development risks, expenditure and financing requirements, title matters, operating hazards, metal prices, political and economic factors, competitive factors, general economic conditions, relationships with vendors and strategic partners, governmental regulation and supervision, seasonality, technological change, industry practices, and one-time events. Should any one or more of these risks or uncertainties materialize or change, or should any underlying assumptions prove incorrect, actual results may vary materially from those described herein. 

 

 

 

Contact:

<p align="justify"> Dylan Berg<br/> Manager, Investor Relations<br/> 604.681.5672 office<br/> 604.616.1182 mobile<br/> <a href="mailto:dylan@revolutionrc.com">dylan@r</a><a href="mailto:dylan@revolutionrc.com">evolutionrc.com</a> </p> <p align="justify"> Aaron Keay<br/> President, CEO and Director<br/> 604.678.4024 office<br/> 604.323.6911 mobile<br/> <a href="mailto:aaron@revolutionrc.com">aaron@rev</a><a href="mailto:aaron@revolutionrc.com">olutionrc.com</a> </p>

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