Wednesday, September 2, 2009

Canadian Stock Research - Royal Roads Corporation

Canadian Stock Research News Update:

"Royal Roads intersects high-grade sulphide clasts in Buchans drilling campaign"

HALIFAX, Sept. 2 /CNW/ - Royal Roads Corp. (RRO - TSX-V) ("Royal Roads") announced initial results for the first three holes of a planned five hole, 4,000 metre diamond drilling program designed to test prioritized targets generated by Titan 24 geophysical surveys within the former Buchans Mining Camp in central Newfoundland, Canada.

The most encouraging results are returned in drill hole H-09-3411, located approximately 200 metres southeast of the Clementine prospect, which intersected four high-grade massive sulphide clasts up to 7 centimetres in diameter between 525 and 531 metres in depth. Of particular significance in this intercept is a 0.10 metre section assaying 12.90% lead, 18.60% zinc, 0.69% copper, 55.20 g/t silver, and 0.30 g/t gold (32.19% combined lead%+zinc%+copper%; between 530.8 and 530.9 metres). This intercept occurs within the Clementine Horizon (mineralized breccia horizon) seen in nearby historic holes which may be proximal to thicker debris flow style of mineralization similar to that mined by former mine operators, Asarco, within the former MacLean and Rothermere mines.


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