Royal Roads drilling results continue to expand stringer-stockwork zone at
Clementine West
Trading Symbol: RRO - TSX-V
Shares Outstanding: 112,127,290
HALIFAX, March 16 /CNW/ - Royal Roads Corp. (RRO-TSX-V) ("Royal Roads") wishes to announce results from its recently completed drilling program on its Clementine West prospect in Buchans, central Newfoundland. Four holes were drilled for a total of 1,474 metres, including two holes testing the Clementine West VMS prospect at approximately 300 metres vertical depth, and two holes testing deep IP anomalies, located 600 metres southeast of the prospect.
Drilling at the Clementine West VMS prospect returned intersections of base metal-bearing sulphide stockwork mineralization similar to that observed in previous drilling (Buchans River Ltd. news release No.11-08, May 26, 2008), with both holes intersecting broad zones of mineralization over intervals measuring 121 metres and 99.6 metres respectively. The two holes were spaced 200 metres apart and successfully tested the zone at a depth of 300 metres. Highlight assays for these holes are summarized in the table below and include 19.5 metres averaging 1.10% zinc, 0.83% lead, 0.02% copper, including 1.5 metres assaying 3.80% Zn, 1.07% lead and 0.01% copper over 1.50 metres in hole H-3420.
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Drill hole from width combined Zn Pb Cu Ag
(m) (m) Zn%+Pb%+Cu% % % % (g/t)
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H-10-3419 324.6 0.6 3.42 1.91 1.14 0.37 21.1
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334.8 3.00 1.89 1.73 0.12 0.05 1.7
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incl. 335.8 1.00 4.30 3.90 0.29 0.11 2.3
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354 0.60 4.68 3.10 1.53 0.05 1.5
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403.7 4.00 1.35 1.29 0.00 0.05 0.8
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incl. 405.7 1.00 2.98 2.90 0.00 0.08 1.5
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H-10-3420 354.7 3.00 1.24 0.54 0.70 0.00 0.5
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380.5 19.50 1.96 1.10 0.83 0.02 1.9
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incl. 380.5 1.50 4.88 3.80 1.07 0.01 2.5
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incl. 384 1.00 3.31 1.79 1.48 0.04 9.2
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incl. 385 1.00 3.32 1.54 1.77 0.01 1.8
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Royal Roads believes these results continue to demonstrate that the Clementine West prospect represents a large stringer-stockwork zone similar to that observed beneath the former high-grade massive sulphide Lucky Strike mine, where historic mining by Asarco produced 5.6 million tonnes* averaging 18.4% zinc, 8.6% lead, 1.6% copper, 112 g/t silver and 1.7 g/t gold. The program further confirms the zone is gaining in thickness and intensity down plunge which may be indicative of proximal accumulations of high-grade massive sulphides such as that of Lucky Strike. The Company is in the planning stages of a future drill program at Clementine West as the prospect has a minimum strike length of 1.5 kilometers, and with the exception of the two holes reported herein, remains untested below a depth of 200 metres.
Holes H-3417 and H-3418, drilled to test geophysical anomalies, both intersected trace amounts of base metal sulphides however no significant assays were reported. The anomalies are associated with pyritic sediments and felsic volcanics, as well as magnetite and hematite-bearing mafic volcanics.
Acknowledgement Of Mineral Incentive Assistance
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Royal Roads wishes to express its gratitude to the Government of Newfoundland and Labrador for financial assistance granted to Royal Roads under the Junior Exploration Assistance component of the provinces Mineral Incentive Program.
Qualified Person
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Drill intercepts quoted are core lengths. Logging, sampling and assaying procedures were completed as per Royal Roads' QA/QC protocols as described in Royal Roads' press release dated February 27th, 2007. Paul Moore, M.Sc., P.Geo., (NL), Royal Roads' Vice President of Exploration, is acting as Qualified Person in compliance with National Instrument 43-101 with respect to this release and has reviewed the contents for accuracy.
Background
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Royal Roads is exploring its 100% owned Buchans project for high-grade sulphide deposits similar to those mined by former mine operator ASARCO between 1928 and 1984. Buchans represents one of the highest grade base metal mining camps in Canadian history having produced 16.2 million tonnes(xx) of ore from five orebodies averaging 14.51% zinc, 1.33% copper, 7.56% lead, 126 g/t silver and 1.37g/t gold.
* Past production figures for the Lucky Strike mine were obtained from
an article written by Thurlow, J.G., and Swanson, E.A., 1981: Geology and
Ore Deposits of the Buchans area, central Newfoundland. In: Swanson,
E.A., Strong, D.F., and Thurlow, J.G., (editors), "The Buchans Orebodies:
Fifty Years of Geology and Mining". Geological Association of Canada.
Special Paper 22. Pages 113 to 142. The Company cannot verify this
information.
About Royal Roads
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Royal Roads is a resource company based in Halifax, Nova Scotia, Canada and is primarily focused on exploring and developing mineral properties in the famous historic Buchans mining camp in central Newfoundland, Canada. Acadian Mining Corporation (ADA-TSX) owns 29.18% of Royal Roads.
Forward Looking Statements
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Certain information contained herein may constitute forward-looking statements within the meaning of applicable securities laws. Forward-looking statements may include estimates, plans, expectations, opinions, forecasts, projections, guidance or other statements that are not statements of fact. Although Royal Roads (the "Company") believes that the expectations reflected in such forward-looking statements are reasonable, they can give no assurance that such expectations will prove to be correct. The Company cautions that actual performance will be affected by a number of factors, many of which are beyond their control, and that future events and results may vary substantially from what the Company currently foresees. The Company's forward-looking statements are expressly qualified in their entirety by this cautionary statement.
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.
%SEDAR: 00008176E
For further information: Paul Moore, Vice President Exploration, Royal Roads Corp., St. John's, Newfoundland, (709) 738-7384, www.royalroadscorp.ca
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