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Cours Or & Argent

Royal Standard Minerals Inc.

Publié le 25 août 2008

has received first shipment of Gold Dore

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Mots clés associés :   Precious Metals |

ROYAL STANDARD MINERALS, INC.

 

WWW.ROYALSTANDARDMINERALS..COM

 


SYMBOLS: RSM-TSXV (Toronto Venture Exchange)

 

http://finance.yahoo.com/q?s=rsm.v

 

RYSMF- OTCBB (US OTCBB)

http://finance.yahoo.com/q?s=RYSMF.OB

ROYAL STANDARD MINERALS INC.

 

 

RSM has received first shipment of Gold Dore? from concentrate shipped to the offsite cyanide treatment facility

 

C.U.S..I.P. # 780919106                                                               tsx.v:rsm 

Listed: Standard & Poors                                                                       OTCBB:RYSMF                                                                                    

for immediate release        

 

Royal Standard Minerals Inc., ?RSM?, August 25, 2008, Manhattan, Nevada, RSM has received the results of the first shipment of gold dore? from the latest gold concentrate shipped in early July to the offsite cyanide treatment facility.  The offsite facility received and processed 2 tons of concentrate producing 149.01 ounces of gold dore? as part of an initial shipment to determine the effectiveness of the process of preparation of concentrates at Goldwedge.  According to Roland M. Larsen, Qualified Person who has read and approved this press release, ?we are pleased with the results of this first shipment and look forward to continued increases in the volume and grade of the concentrates to be shipped to the treatment facility going forward.?

 

Plans are to continue to increase the number of concentrate shipments and the concentrate grade with each successive shipment. Initially, the Company will attempt to ship at least one shipment per month for processing.  Our target concentrate shipment grade is 500 ounces per ton, we are currently producing approximately 100 ounces per ton of gold concentrate.  The next shipment is expected to contain between 100-150 ounces of gold concentrate. Continued improvements in feed grade will result in significant improvements to the concentrate grade.  Increases in the plant throughput from the current 100-150 tons in a 10 hour shift is expected to double in the near future.  The feed has been slowed down to help insure that the ball mills are producing an acceptable product to the concentrators as part of an effort to keep the gold recoveries from the gravity circuit in the 70% range.

 

Cyanide testing of the gold concentrates is ongoing and are yielding very positive results, indicating gold recoveries in the mid 90% range with very low cyanide consumption.  A preliminary flow chart and plant design of a closed circuit system has been completed and a report is forthcoming.  

 

The gold feed grade is expected to improve, currently the Company is mining higher grade material within the upper portion of the underground development, in conjunction with continued decline construction. The dewatering program is proceeding at a slower rate than was anticipated, this has slowed the decline development.  The lower most crosscut is currently under construction, this effort is targeted to intersect one of the better gold zones on the property.  This drifting is about 50% of the way to the target. 

 

Mining of the higher grade gold bearing material is concentrated within the southern ?F? crosscut , the ?H? crosscut and the ?B? crosscut.  The mine grades of this material have been carrying a head grade that ranges from 0.1-0.20 opt as current feed to the plant. 

 

The drilling crew has been on vacation for some time and is expected to commence drilling underground in September at Goldwedge.

 

 RSM is an exploration and development company with interests in coal and precious metals in the United States.

 

The information presented in this press release is subject to the various regulatory approvals.

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

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.

 

For more information, please contact

Royal Standard Minerals Inc.
Roland Larsen
Qualified Person NI-43-101
775-487-2454
775-775-2460 (FAX)

or

Royal Standard Minerals Inc.
Mr. Rich Kaiser
Investor Relations
800-631-8127
RoyalStandardminerals.com

 

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
 
##9

 

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 BUNKERVILLE, GOLDWEDGE 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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