🕐20.10.09 - 16:23 Uhr
NEWS OUT(GOLDL):RYSMF:OTCBB-ROYAL STANDARD MINERALS-GOLDWEDGE
ROYAL STANDARD MINERALS, INC.
cid:image001.jpg@01CA4BE8.2A245340
ROYAL STANDARD MINERALS INC.
(RYSMF)
Plans for Underground program at Goldwedge Project, Nye County, Nevada
Manhattan, Nevada, October 20, 2009- Royal Standard Minerals, Inc.
(RYSMF-OTCBB) announces that it has continued with its plans for underground
development to access the
main
gold mineralized zone on the Goldwedge property.
This portion of the
property has been drill tested and has been explored underground at a point
where the decline has achieved access to the main zone.
Prior underground
drifting within the main zone, the initial development area on the 6620
level indicates that the main zone in this area is approximately 90 feet in
width.
Previous drifting on strike within this zone south of the "K" cross
cut returned approximately 85 feet of 0.835 ounces per ton (26 grams/ton)
gold (laboratory results were completed by the Companys onsite assay lab
and check assays by an independent laboratory.) Indications from rock chip
sampling toward the northwest on the north side, (right rib), indicates that
this gold mineralization is open toward the northwest.
Drifting on the 6660
level indicates that this zone is also present on this level returning
similar gold grades and widths.
The average grade and mineable widths of
this zone have yet to be determined.
Surface drilling results indicate that
this gold zone may extend for several hundred feet toward the northwest and
is open on strike to depth.
The company will install an improved dewatering system to help insure that
the development program that will start on the 6620 level and will proceed
without unnecessary delays.
Other preparations include the necessary work to
continue with the development of the currently identified main zone as soon
as possible.
This zone will constitute the initial primary source of gold
mineralized material for the onsite gravity plant.
This program will
commence as soon as possible.
RYSMF (C.U.S.I.P780919106) is a natural resource exploration and development
company, www.royalstandardminerals.com
.
For further
information contact Mr.
Roland Larsen, (775) 487-2454 and/ /or Mr.
Rich
Kaiser, Corporate Communications Coordinator, 800-631-8127.
Royal Standard Minerals cautions that the statements made in this press
release constitute forward-looking statements, and no guarantees of future
performance and actual results or developments may differ materially from
the projections in the forward-looking statements.
Forward-looking
statements are based on the estimates and opinions of management at the time
the statements are made.
Contact:
Rich Kaiser
800-631-8127
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