Business
JBZ Capital Inc. announces the completion and interpretation of Phase 1 field program with positive results from its Tickalara Project
VANCOUVER, Oct. 19, 2011 /CNW/ - JBZ Capital Inc. (TSX-V: JBZ) ("JBZ" or the "Company") is ...
About this update from Revival Gold Inc
[{"type":"text","content":"\n\n\n\n\n\nVANCOUVER, Oct. 19, 2011 /CNW/ - JBZ Capital Inc. (TSX-V: JBZ) (\"JBZ\" or the \"Company\") is pleased to announce that it has now\n completed the Phase 1 field work at its Mornington, Collison and\n Tickalara phosphate projects in Australia. In addition, all analytical\n results for the three projects have now been received and\n interpreted. JBZ is pleased to announce that the results of the Phase 1\n field program at Tickalara are promising and further follow up, in the\n form of drilling, is warranted.\n\n\nNigel Gellard, CEO and Director of JBZ said \"I am very pleased that we\n have been able to deliver what we said we would. The initial selection\n process generated conceptual targets and it is very rewarding to see at\n least one of these targets progress to the next stage. We continue to\n maintain our focus on Australia with its proximity to the rapidly\n growing region of South East Asia. Our existing portfolio, together\n with additional  potential opportunities, place us in good stead to\n realize our vision of turning JBZ into a significant player in the\n agricultural nutrients sector. I am particularly pleased with how the\n sector has performed in the recent volatile markets and I believe this\n demonstrates the robustness and continued maturity of this important\n sector.\"\n\n\nTickalara Project\n\n\nThe Phase 1 exploration results are encouraging and confirm the\n existence of consistent levels of anomalous phosphate mineralization on\n the Tickalara tenements. The tenements comprise two granted mineral\n exploration permits covering over 670 km2 and are held 100% by Strata Minerals Limited (\"Strata\"), JBZ's wholly\n owned Australian subsidiary. The tenements are located in the Bulloo\n Shire of South Western Queensland, Australia with access from a well\n developed road system used to service oil and gas facilities in the\n area. Regionally, the tenements overlay the southern-central part of\n the Jurrasic to Cretaceous Eromanga Basin. The phosphate-bearing rocks\n at the surface are from the Cretaceous Winton Formation and consist of\n sandstones, siltstones, and mudstones, which are commonly iron altered\n and locally contain abundant fossils, including vertebrate bone casts.\n\n\nOf the 157 rock samples collected from the Phase 1work on the T...