Jun. 17, 2010 (Filing Services Canada) -- Rocky Mountain Resources Corp. (RKY - TSX Venture), is pleased to announce that a bulk sampling program and a metallurgical/geotechnical diamond drill program are both underway on its wholly owned Gibellini Vanadium Project in Nevada.
Rocky Mountain's President & CEO, Bill Radvak, commented, "These programs, which are fully funded by our $4,000,000 in working capital, will directly support and feed into the feasibility study slated to begin later this year. The ongoing activities continue to support our timeline for reaching production in late 2012."
Bulk Sampling and Drilling Programs
The bulk sampling program will comprise the collection of oxide, transition and non-oxide layers from four different trenches on the project, while the diamond drill program will be two-phased. The first phase is to obtain samples from 500 feet of core from each material layer type across six holes for a comprehensive metallurgical testing program. The second phase is to obtain geotechnical data that will provide information for design of the open pit, waste dump and access road designs.
Metallurgical Testing Program
These samples from the trenching and drilling programs will be used in a metallurgical testing program that will build on historical metallurgical data and the AMEC Scoping Study to optimize the leaching process. This program will optimize sulfuric acid leach recovery/consumption, develop a custom bottle roll procedure and further improve recovery of vanadium extraction at Gibellini. Column tests will be done to test composite samples taken from the new trenches. The metallurgical program will further verify ore body data and optimize the vanadium pentoxide production process which will directly support the feasibility study.
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. 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 on SEDAR and 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.
Source: Rocky Mountain Resources Corp. (TSXV RKY) www.rkyresources.com
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