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Cours Or & Argent

Royal Standard Minerals Inc.

Publié le 10 janvier 2008

Drilling Continues on the Railroad Porphyry/Skarn

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ROYAL STANDARD MINERALS INC.


SYMBOLS: RSM-TSXV (Toronto Venture Exchange)

RYSMF- OTCBB (US OTCBB)

Royal Standard Minerals Inc.: Drilling Continues on the Railroad Porphyry/Skarn Copper Oxide and Molybdenum Project Elko County, Nevada


(Adjacent to and south of near surface gold oxide deposits on the railroad property, Elko County Nevada)

MANHATTAN, NEVADA--(MARKET WIRE)--Jan 10, 2008 -- ROYAL STANDARD MINERALS INC. ("RSM") (CDNX:RSM.V - News)(OTC BB:RYSMF.OB - News) as previously reported in a press release dated, January 16, 2007, eight drill holes intersected long sections of copper oxide and precious metals mineralization during the gold exploration effort within an area north and south of the Bald Mountain fault (BMF). In addition to these metals significant amounts of molybdenum occurs within and flanking the copper intervals, RSM's current effort is concentrated north of the BMF according to Qualified Person, Roland M. Larsen. The current target area north of the BMF includes more than a square mile area with significant copper, molybdenum (and precious metal) intercepts, selected intervals are listed as follows:

 
 
                   North of Bald Mountain Fault:
 
  RR99-14   100 feet of 0.630 % copper @ 425’- 525’
            245 feet of 0.0365 % molybdenum @300’- 545’
 
  RR-99-16  225 feet of 0.270 % copper @ 325’-550’
            100 feet of 0.0033 % molybdenum @ 525’- 625’
 
  RR99-17   400 feet of 0.432 % copper @650’-1040’
            550 feet of 0.0194 % molybdenum @ 450’- 1000’
            (Includes 175’ of 0.0383 % molybdenum @ 450’-625’)
 
  RR99-19   50 feet of 0.834 % copper @ 1200’- 1250’
            50 feet of 0.0036 % molybdenum @ 1100’- 1150’
            55 feet of 0.0036 % molybdenum @ 1200’- 1255’
 
  RR99-46   165 feet of 0.38 % copper @350’-550’
            225 feet of 0.0041 % molybdenum @ 300’- 525’
 
  RR98-49   250 feet of 0.262 % copper, includes 70 feet of 0.11 opt gold
            @ 1000’-1250’
            350 feet of 0.0072 % molybdenum @ 825’- 1175’
            (Includes 70’ of 0.0132 % molybdenum @ 1075’- 1145’)
 
  RR98-54   185 feet of 0.212 % copper @ 875’- 1060’
            (Bottomed in 0.42 % copper)
 
                   South of Bald Mountain Fault:
 
  RR97-50   50 feet of 0.9 % copper @ 100'- 150'
            70 feet of 0.085 opt gold @ 75'- 145'
 
  RR97-49   25 feet of 0.38 % copper @ 125'- 150'
            (Bottomed in 0.38 % copper)
            100 feet of 0.0194 % molybdenum @ 50'- 150'
 
  RRAR-8    75 feet of 0.596 % copper @ 45'- 120'
 
  RRAR-7    113 feet of 0.61 % copper @ 7'- 120'
            238 feet of 0.0386 % molybdenum @ 22'- 260'
            83 feet of 0.10 opt gold @ 37'- 120'
 
  RRAR-6    183 feet of 0.28 % copper @ 7'- 190'
            (Includes 45' of 0.75 % copper @ 22'- 67'
            60 feet of 1.5 % zinc @ 52'- 112'

 

The mineral system appears from the drilling results to be open in several directions including south of the BMF. The initial focus of the RSM copper, molybdenum-gold exploration effort has been to offset some of the drill holes listed above, initially toward the south of the near surface gold deposits that are under study for future development north of the BMF. The copper-molybdenum system appears to be open also toward the west and north. Plans include drilling the next two drill holes toward the west and southwest of the previous drilling with the objective of expanding the mineralized zone into those areas.

RSM exploration core drilling commenced on the Railroad Project, located in Elko County during the late summer-early fall with the initiation of five (5) shallow core drill holes to include RR-07-01, 02, 03, 03B and 04 located north of the Bald Mountain fault. These drill holes represent two offsets one (RR-07-01) 330 feet east of previously drill tested areas and a second (RR-07-03B) located approximately 935 feet south of drill hole KC-99-17. Drill hole RR-07-04 is collared about 500 east of drill hole KC99-17. All of these holes (except 1 and 3 which were lost due to bad ground conditions) will be extended to depth to test for deeper copper-molybdenum and precious metal mineralization.

The results of RSM's latest drilling indicates that the copper (and molybdenum) zone has been extended some 935 feet south of the previous drilling activity, north of the Bald Mountain Fault as follows:

 
 
  RR-07-02   50 feet of 0.24 % copper @ 475'- 525'
             196 feet of 0.0281 % molybdenum @ 400'- 596'
 
  RR-07-03B  50 feet of 0.28 % copper @ 80'- 130'
             50 feet of 0.195 opt silver @ 80'- 130'
 
  RR-07-04   60 feet of 0.38 % copper @ 295'- 355'
             120 feet of 0.0297 % molybdenum @ 240'- 360'

Future core drilling will be completed by the Company, utilizing two Company owned core drilling rigs. The present plan is to lengthen RR-07-02 & RR-07-04 to at least 1200' to intersect the interval where deeper copper mineralized zone that was penetrated by previous drilling. Exploration drilling will continue on 500' centers toward the west and north to better define the limits of the copper-molybdenum and precious metal mineralized zones north of the Bald Mountain fault. Drilling will also be conducted along the prospective Bald Mountain Fault Zone which exhibits a strike length of over 7,000 feet.

The Company believes that there is an indication from the drilling and the results of chemical analytical results that this area on the order of two (2) or more square miles is prospective for poryhyry skarn-type copper-molybdenum-gold/silver deposits north and south of the BMF. RSM is very encouraged in regard to the magnitude (aerial dimensions)of the system and the attractive group of metals that are occurring within this intrusive-skarn system in this area.

The Railroad Mining District is represented within the northern portion of the approximately 20,000 acre land package contained within the Pinon-Railroad project areas located south of Newmont Gold's Rain mining district in Elko, County, Nevada. RSM has a 100% interest in these projects have concentrated upon the proposed development of an open pit oxide and exploration for deeper underground potential targets for Carlin-type gold-silver deposits. RSM is currently engaged in the Federal and State permit process to develop several near surface Pinon project oxide gold-silver deposits on this property package according to Roland M. Larsen, Qualified Person, NI- 43-101.

Royal Standard Minerals cautions that the statements made in this press release and other forward looking statements made on behalf of the Company may be affected by such other factors including, but not limited to, volatility of mineral prices, product demand, market competition, imprecision of mineral estimates, and other risks detailed herein and from time to time in the Securities and Exchange Commission filings of the Company.

C.U.S.I.P. # 780919106



The Canadian Venture Exchange does not accept responsibility for adequacy or accuracy of this release as per Exchange Policy 3.3 section 6.5.


Contact:

     Contacts:
     YES INTERNATIONAL, INVESTOR RELATIIONS, RICH KAISER, 800-631-9127
     Royal Standard Minerals Inc.
     Roland Larsen
     Qualified Person, NI-43-101
     775-487-2454
     775-487-2460 (FAX)
     http://www.royalstandardminerals.com
      

WWW.ROYALSTANDARDMINERALS..COM

 
If you would like further information about this release contact YES INTERNATIONAL 757-306-6090.  If you received this email in error or would like to be removed from database, SEND ‘REMOVE-RSM’ to yes@yesinternational.com and/or call 757-306-6090.

 

 

 

RSM.TSXV/  RYSMF.OTCBB

 

###4

 

 

 

Royal Standard Minerals Inc.

CODE : RYSMF.OB
ISIN : CA7809191066
CUSIP : 780919106
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Royal Standard Min. est une société développant des projet miniers d'or et de cuivre basée aux Etats-Unis D'Amerique.

Royal Standard Min. détient divers projets d'exploration en USA.

Ses principaux projets en exploration sont GOLDWEDGE, BUNKERVILLE et COMO en USA.

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Attributions d'options de Royal Standard Minerals Inc.
13/07/2007Announces Grant of Options
Projets de Royal Standard Minerals Inc.
17/11/2009(Goldwedge)Goldwedge Project Development, Nye County, Nevada Update
27/10/2009(Pinon Gold)Exploration Plans for Pinon and Darkstar Projects
20/10/2009(Goldwedge)Plans for Underground program at Goldwedge Project
13/10/2009(Goldwedge)Plans for Goldwedge Project, Nye County, Nevada
08/09/2009(Railroad-pinon)has exercised its option to purchase 100% interest in the Ra...
23/09/2008(Goldwedge)Goldwedge Project, Nye County, Nevada: Underground Developme...
14/07/2008(Goldwedge)PROGRESS AT GOLDWEDGE PROPERTY, NYE COUNTY, NEVADA
28/05/2008(Goldwedge)Activities at Goldwedge, Dixie Comstock, Railroad Projects, ...
24/04/2008(Goldwedge)Production increse at the Goldwedge Project
29/01/2008GOLDWEDGE PROGRESS, NYE COUNTY, NEVADA
10/01/2008(Railroad-pinon)Drilling Continues on the Railroad Porphyry/Skarn
22/10/2007(Pinon Gold)Goldwedge Progress and Drilling Program at Pinon Gold-Silver...
09/07/2007Progress at the Goldwedge Project to Include Potentially Sig...
05/06/2007Goldwedge Project Test Mining and Onsite Processing Plant Co...
Communiqués de Presse de Royal Standard Minerals Inc.
22/10/2009Current Activities on its Nevada Projects
06/10/2009Exercises its option to purchase unpatented and patented min...
03/06/2009Clarifies Restatement of Comparative Amounts Reported in our...
01/06/2009Announces Plans for 2009-2010
06/03/2009Management Changes
03/03/2009Resignation of Director and Officer
18/02/2009Progress report to our Shareholders
25/11/2008Joint Venture coal exploration agreement has been completed
25/08/2008has received first shipment of Gold Dore
29/07/2008 Has Acquired a 100% Interest in a Coal Project in Eastern K...
12/06/2008to enter into a joint venture to develop coal properties
05/02/2008RAILROAD PRESENTATION
22/10/2007PICTURES(GOLD)
20/09/2007Goldwedge Progress and Drilling Programs for Other Projects ...
15/08/2007Progress and Drilling Programs for Other Projects in Nevada
20/06/2007CORRECTION Announces a Normal Course Issuer Bid
21/05/2007Goldwedge Project Progress, Nye County, Nevada And Other New...
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