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Saturday 11th of February 2012
Tuesday, February 26, 2008

Rocky discovers new Vanadium Zinc Zone

Rocky discovers new Vanadium Zinc Zone

Rocky Mountain Resources Corp. announces the results of a 16 hole exploration drill test (4920 feet) on the Gibellini Project, 24 miles south of Eureka, Nevada. The program was designed to test soil vanadium and zinc anomalies 500 meters south of the known Gibellini vanadium deposit and three nickel vanadium zinc breccia pipes identified on the property.

Three holes in the Rich Hill area tested a portion of the soil anomaly, identified last summer, and discovered a stacked zone of ore grade vanadium rich shale (shown below). The shale starts at the surface, on the top of a hill, and there appears to be four stacked zones of shale enriched in vanadium and zinc.

This opens up significant potential to expand and develop a new vanadium-zinc deposit at the Gibellini project. This new zone, similar to the main Gibellini deposit is well situated for mining and preliminary metallurgical tests at Gibellini suggest the mineralization might be processed by heap leach techniques, which would open the door to low cost production at the project with relatively low start-up capital demands, says Brian McAlister, President of Rocky Mountain Resources. We now have additional exploration potential along with the newly announced vanadium resource.

 


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