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File: NR_July31-14_warren edits v 2 CR Final.doc
RIFT VALLEY RESOURCES CORP., RECEIVES ASSAY RESULTS FROM LATEST SAMPLING OF ITS HIGH GRADE No. 1 MAGNETITE VEIN.
Vancouver, BC, July 31, 2014 - Rift Valley Resources Corp. ("Rift" or the "Company") announces that it has received th
--->e 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 deter
--->mining the strike length and distribution of high-grade gold within the two principle gold-magnetite vein systems prio
--->r to undertaking a detailed and systematic excavator supported trenching program. A surface grab and chip sampling pro
--->gram was conducted over portions of the exposed length of the No. 1 and No. 2 Magnetite Veins as well as other areas o
--->f interest under the supervision of Mr. Warren Robb, P.Geo. A combination of 24 grab and chip rock samples was submitt
--->ed 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 tabulated below:
No. 1 Magnetite Vein
Sample No.
Sample Type
Length (m)
Au (gpt)
Ag (ppb)
Cu (ppm)
96901
Chip
1.2
72.7
11445
3337
96902
Chip
0.90
106.1
14704
3629
96903 **
Chip
0.50
84.0
15544
>10000 **
96904 **
Chip
0.53
55.8
9483
>10000 **
96905
Chip
0.40
0.3
208
3079
96906
Grab
1.1
603
3987
96907
Grab
27.7
3832
2022
96908
Chip
0.40
5.2
1186
3722
96909
Grab
39.1
8059
4680
96910
Grab
278.0
22921
2651
96911
Grab
84.4
12407
2119
Luan
Select Grab
22.8
3309
5577
No 2 Magnetite Vein:
Sample No.
Sample Type
Length (m)
Au (ppm)
Ag (ppb)
Cu (ppm)
96916
Grab
6.5
2431
1642
96917
Grab
0.1
275
2130
96918 *
Select Grab
17.4 Gpt*
4167
2574
96919
Grab
3.5
1379
2256
Limonite Zone and Limonite Vein:
Sample No
Sample Type
Length (m)
Au (ppm)
Ag (ppb)
Cu (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 (m)
Au (ppm)
Ag (ppb)
Cu (ppm)
96920 **
Chip
5.0
0.8
21812
>10000 **
96921
Grab
3.5
2.9
936
1911
96922 **
Grab
0.7
0.2
37485
>10000 **
96923 **
Chip
Select 0.3
0.1
6211
>10000 **
Camp Zone:
Sample No
Sample Type
Length (m)
Au (ppm)
Ag (ppm)
Cu (ppm)
96924
Grab
0.0
147
2489
Notes for all Tables:
* Sample # 96918: gold results were 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% copper). The C
--->ompany does not know the actual value for those samples as the copper content exceeded the detection limit for the ana
--->lytical method used. Management is considering the option of a more precise analytical procedure to determine a more a
--->ccurate 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 excava
--->tor trenching expiring Dec. 31, 2015. The Company has submitted an additional Notice of Work to add blasting to the ex
--->isting 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 ppm gold were then re-anal
--->yzed by fire assay with a gravimetric finish to obtain final values. Acme Labs is a fully accredited laboratory and s
--->ample duplicates and standards were inserted by Acme Labs and verified by the Qualified Person.
Mr. Warren Robb P.Geo., is the Qualified Person for the Company and approves the contents of this news release.
The Company intends to post a copy of this report on its website at www.riftavalley.ca
ON BEHALF OF THE BOARD
"Craig Robson"
CEO
For more information, please contact:
Craig Robson, CEO
Tel: 778 839 7963
Email: Craig@RiftValley.ca
Cautionary Statements:
The CSE has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
A Note regarding Forward Looking Information:
This press release contains forward-looking statements and forward-looking information within the meaning of applicabl
--->e securities laws. The use of any of the words "will", "expects", "believe", "plans", "potential" and similar express
--->ions are intended to identify forward-looking statements or information. More particularly and without limitation, thi
--->s press release contains forward looking statements and information concerning the plans and timing for the Company's
--->drilling program. The Company cautions that there are no assurances or guarantees that the transaction will be comple
--->ted as proposed or at all.
Although the Company believes that the expectations and assumptions on which such forward looking statements and infor
--->mation are based are reasonable, undue reliance should not be placed on the forward-looking statements and information
---> because the Company can give no assurance that they will prove to be correct.
Since forward-looking statements and information address future events and conditions, by their very nature they invol
--->ve inherent risks and uncertainties. Actual results could differ materially from those currently anticipated due to a
--->number of factors and risks. These include, but are not limited to, the risks associated with the oil and gas industry
---> in general such as operational risks in development, exploration and production; delays or changes in plans with resp
--->ect to exploration or development projects or capital expenditures; the uncertainty of reserve and resource estimates;
---> the uncertainty of estimates and projections relating to reserves, resources, production, costs and expenses; health,
---> safety and environmental risks; commodity price and exchange rate fluctuations; marketing and transportation; loss of
---> markets; environmental risks; competition; incorrect assessment of the value of acquisitions; failure to realize the
--->anticipated benefits of acquisitions; ability to access sufficient capital from internal and external sources; changes
---> in legislation, including but not limited to tax laws, royalties and environmental regulations, actual production fro
--->m the acquired assets may be greater or less than estimates; failure to obtain the necessary regulatory approval, stoc
--->k exchange and other regulatory approvals on the timelines planned. Management has included the above summary of assum
--->ptions and risks related to forward looking information provided in this press release in order to provide security ho
--->lders with a more complete perspective on the Company's future operations and such information may not be appropriate
--->for other purposes.
The forward-looking statements and information contained in this press release are made as of the date hereof and the
--->Company undertakes no obligation to update publicly or revise any forward-looking statements or information, whether a
--->s a result of new information, future events or otherwise, unless so required by applicable securities laws.
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