Aug. 18, 2010 (Filing Services Canada) -- Rocky Mountain Resources Corp. (RKY - TSX Venture), ("Rocky Mountain" or the "Company") is pleased to announce that it has completed the bulk sampling and the diamond drilling programs on its Gibellini Vanadium Project, located in Nevada. Both programs were performed to collect samples for the upcoming metallurgical testing program. The Company has initiated a phase of diamond drilling designed to support the upcoming geotechnical engineering programs. These programs will directly feed into the Bankable Feasibility Study which is slated for completion in Q2 2011.
Geotechnical Drilling Programs
The metallurgical core drilling is being followed by a geotechnical core drilling program which is now underway. The geotechnical data being generated from this program will support pit slopes, waste dump and access road designs.
Metallurgical Testing Program
The metallurgical testing program is designed to build on historical metallurgical data and the 2008 AMEC Scoping Study to optimize the leaching process and help collect data to finalize process design for the Bankable Feasibility Study. McClelland Laboratories of Reno, Nevada was selected to conduct this program. The first phase, a series of column tests being performed on the bulk samples, is designed to test run-of-mine heap leaching and optimize crushing if needed. The second phase will verify sulfuric acid leach recovery/consumption, develop a custom bottle roll procedure, further verify solvent extraction viability at Gibellini and optimize the vanadium pentoxide production process.
About Rocky Mountain Resources Corp.
Rocky Mountain Resources Corp. is a tier-one metals exploration and development company focused on developing environmentally favorable projects within politically stable regions with the potential to host large deposits of industrial metals or minerals. Rocky Mountain is currently developing a world-class vanadium resource in the state of Nevada, U.S.A., and evaluating other opportunities. The company strives to be a premier mineral resource development and production company. Information on Rocky Mountain and its projects is found at www.rkyresources.com.
Vanadium is growing in importance as an alloying metal used to strengthen steel as well as the emerging uses with lithium vanadium batteries and storage cells for renewable energy. With virtually all world production of vanadium coming from China, South Africa and Russia, the Gibellini project, being located in Nevada, gives the Company the opportunity to become North America's first and only primary producer of Vanadium. Gibellini's favorable geologic setting and amenability to low cost heap leach recoveries offer unique low cost production capabilities. A Scoping Study has been completed by AMEC E&C Services and is available at www.sedar.com or the Company's website www.rkyresources.com.
ON BEHALF OF THE BOARD
"Bill Radvak"
Bill Radvak, President & CEO
For further information, please contact: Bill Radvak
604 488 5417
bradvak@rkyresources.com
NEITHER TSX VENTURE EXCHANGE NOR THE INVESTMENT INDUSTRY REGULATORY ORGANIZATION OF CANADA ACCEPTS RESPONSIBILITY FOR THE ACCURACY OF THIS RELEASE.
550 Burrard St, Suite 1028, Bentall 5
Vancouver, BC Canada V6C 2B5
Tel: 604-689-1428, Fax: 604-681-4692
Source: Rocky Mountain Resources Corp. (TSXV RKY) www.rkyresources.com
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