RUSORO MINING LTD.
355 Burrard Street, Suite 830 Vancouver, BC V6C 2G8
Tel: 604-682-1545 Fax: 604-682-1514
Rusoro Mining Intersects 37m of 9.34g/t Au and
21m of 4.72g/t Au in Separate Zones at Increible 6
June 11, 2007 Trading
symbol (TSX-V): RML
Vancouver, Canada – Rusoro Mining
Ltd. is pleased to provide another update on results from ongoing
drilling
at the Increible 6 Project in Bolivar
State, Venezuela.
The four main zones (Culebra, Elisa, Olga and
Cristina)
all continue to be enhanced by the results of the 31 drill holes reported in
this news release.
Ø
The Culebra Zone has been extended 100m by a series of
wide, near surface intercepts which average
1.65 g/t
over 68.0 metres and intersected above average grade mineralization in a number
of holes
within the
zone including 9.34 g/t over 37.0 metres
Ø
The Elisa
Zone has been extended a further
50m including drill hole IRS-89 which intersected
4.72 g/t
over 21.0 metres and an additional 3.47 g/t over 19.0 metres
Ø
A 50 metre step out hole at the Olga Zone
intersected the best intercept to date with a weighted
average of
3.31 g/t Au over 17.0 metres.
Ø
Drilling at the Cristina Zone returned 3.65 g/t Au over
10m and 2.54 g/t Au over 16m.
Highlights include:
Drill Hole
|
Zone
|
type
|
grade
g/t
|
m
|
from
(m)
|
to
(m)
|
IRS-173
|
Culebra
|
RC
|
1.83
|
58.0
|
12.0
|
70.0
|
IRS-174
|
Culebra
|
RC
|
1.46
|
77.0
|
34.0
|
111.0
|
IRS-179
|
Culebra
|
RC
|
1.67
|
39.0
|
40.0
|
79.0
|
IRS-184
|
Culebra
|
RC
|
2.51
|
19.0
|
5.0
|
24.0
|
IRS-189
|
Culebra
|
RC
|
9.34
|
37.0
|
31.0
|
68.0
|
IRS-89
|
Elisa |
RC
|
4.72
|
21.0
|
159.0
|
181.0
|
IRS-89
|
Elisa |
RC
|
3.47
|
19.0
|
230.0
|
249.0
|
IC-07-344
|
Olga
|
ddh
|
3.31
|
17.0
|
118.0
|
135.0
|
IRS-146
|
Cristina
|
RC
|
3.65
|
10.0
|
65.0
|
75.0
|
IRS-156
|
Cristina
|
RC
|
2.54
|
16.0
|
20.0
|
36.0
|
NOTES: 1) All thicknesses are core widths / true widths estimated at 80-85%.
2) All weighted averages calculated using uncut assays.
3) Table of all new results included at the end of this news release.
The majority of the
recent results received have been for the Culebra Zone. The Company is
particularly
encouraged by the
significant extensions along strike by the series of wide, near surface
intercepts
including: 1.83g/t over
58.0m, 1.46 g/t over 77.0m, and 1.67 g/t over 39.0m which all enter
mineralization
from 12m to 40m of
surface. On a second sub-parallel structure 20 metres to the north being drilled
as part
of the in-fill program, drill
hole IRS-189 intersected 9.34 g/t over 37.0 metres from 31.0 to 68.0 metres.
These current results are
considered extremely positive for each of the four main areas that make up the
Incredible 6 project to
date. The 31 drill holes represent a total of 4532 metres of drilling which
was
completed during April and
May 2007.
There are currently three
diamond drills and one RC drill working on the Increible 6 Project. Maps
and
Cross sections detailing
the location of the drill holes reported in this release will be posted on the
Company’s
website at www.rusoro.com.
Diamond drilling was
conducted by Core Biel Drilling of Puerto Ordaz, Venezuela. RC drilling
was completed
by AK Drilling of Peru.
All drilling and drill sampling have been completed using industry standard
practices.
All drill core is
described in detail and photographed and one half of the core remains for
inspection and reference.
Sample analyses have been
conducted at SGS labs and Triad Labs located in El Dorado
and El Callao, Venezuela.
All sample analyses were
completed using industry standard practices and standard samples, blanks and
duplicate
check samples were randomly
inserted into the sample stream to ensure quality control. A review of
the QA/QC
results shows no
significant bias and all results are considered highly reliable. Sample
rejects for all drill samples
are stored in
Rusoro’s secure facilities in Tumeremo,
Venezuela, and
will continue to be available for any further
testing which may be
required. All QA/QC is completed under the direction of G.F. Smith,
P.Geo.
Qualified Person: Mr. Gregory Smith, P.Geo, the
Vice-President Exploration of the Company, is the Qualified
Person as defined by
National Instrument 43-101, and is responsible for the accuracy of this news
release.
ON BEHALF OF THE BOARD
“Mario
Szotlender”
Mario Szotlender, President
CONTACT INFORMATION
Ross
Gatensbury
Tel: 604-682-1545
Fax: 604-682-1514
Toll Free: 1-800-668-0091
Symbol: TSX-V:RML Email:
info@rusoro.com
Website: www.rusoro.com
The TSX Venture Exchange has not
reviewed and does not take responsibility for the adequacy or accuracy of this
release.
INCREIBLE 6 GOLD
PROJECT - Additional Mineralized Intercepts - 08/06/2007
Drill Hole
|
Zone
|
type
|
grade
g/t
|
m
|
from
(m)
|
to
(m)
|
IRS-169
|
Culebra
|
RC
|
0.59
|
2.0
|
29.0
|
31.0
|
IRS-169
|
Culebra
|
RC
|
1.55
|
5.0
|
148.0
|
153.0
|
IRS-169
|
Culebra
|
RC
|
1.28
|
6.0
|
179.0
|
185.0
|
IRS-172
|
Culebra
|
RC
|
1.34
|
25.0
|
112.0
|
137.0
|
IRS-173
|
Culebra
|
RC
|
1.83
|
58.0
|
12.0
|
70.0
|
IRS-174
|
Culebra
|
RC
|
1.46
|
77.0
|
34.0
|
111.0
|
IRS-176
|
Culebra
|
RC
|
1.30
|
4.0
|
31.0
|
35.0
|
IRS-179
|
Culebra
|
RC
|
1.67
|
39.0
|
40.0
|
79.0
|
IRS-180
|
Culebra
|
RC
|
0.95
|
46.0
|
0.0
|
46.0
|
IRS-180
|
Culebra
|
RC
|
2.95
|
10.0
|
130.0
|
140.0
|
IRS-181
|
Culebra
|
RC
|
1.03
|
8.0
|
36.0
|
44.0
|
IRS-183
|
Culebra
|
RC
|
6.61
|
2.0
|
11.0
|
13.0
|
IRS-184
|
Culebra
|
RC
|
2.51
|
19.0
|
5.0
|
24.0
|
IRS-184
|
Culebra
|
RC
|
2.01
|
6.0
|
50.0
|
56.0
|
IRS-185
|
Culebra
|
RC
|
1.30
|
23.0
|
16.0
|
39.0
|
IRS-189
|
Culebra
|
RC
|
9.34
|
37.0
|
31.0
|
68.0
|
IRS-190
|
Culebra
|
RC
|
4.93
|
7.0
|
37.0
|
44.0
|
IRS-192
|
Culebra
|
RC
|
1.15
|
27.0
|
67.0
|
94.0
|
IRS-193
|
Culebra
|
RC
|
1.56
|
15.0
|
0.0
|
15.0
|
IRS-193
|
Culebra
|
RC
|
4.12
|
3.0
|
31.0
|
34.0
|
IRS-193
|
Culebra
|
RC
|
5.80
|
9.0
|
46.0
|
55.0
|
IRS-194
|
Culebra
|
RC
|
4.16
|
7.0
|
32.0
|
39.0
|
IRS-199
|
Culebra
|
RC
|
0.70
|
2.0
|
40.0
|
42.0
|
IRS-199
|
Culebra
|
RC
|
0.87
|
4.0
|
11.0
|
15.0
|
IRS-201
|
Culebra
|
RC
|
1.02
|
4.0
|
0.0
|
4.0
|
IRS-215
|
Culebra
|
RC
|
0.88
|
2.0
|
100.0
|
102.0
|
IRS-217
|
Culebra
|
RC
|
1.99
|
8.0
|
130.0
|
138.0
|
IRS-217
|
Culebra
|
RC
|
4.52
|
21.0
|
259.0
|
280.0
|
IC-07-332
|
Elisa |
ddh
|
0.59
|
29.0
|
244.0
|
273.0
|
IC-07-332
|
Elisa |
ddh
|
14.14
|
3.0
|
407.0
|
410.0
|
IC-07-350
|
Elisa |
ddh
|
1.37
|
6.0
|
186.0
|
192.0
|
IC-07-350
|
Elisa |
ddh
|
0.64
|
3.0
|
207.0
|
210.0
|
IRS-89
|
Elisa |
RC
|
4.72
|
21.0
|
159.0
|
181.0
|
IRS-89
|
Elisa |
RC
|
3.47
|
19.0
|
230.0
|
249.0
|
IRS-118
|
Elisa |
RC
|
3.20
|
4.0
|
0.0
|
4.0
|
IRS-122
|
Elisa |
RC
|
3.70
|
7.0
|
19.0
|
26.0
|
IRS-123
|
Elisa |
RC
|
1.36
|
16.0
|
26.0
|
42.0
|
IRS-130
|
Elisa |
RC
|
1.97
|
6.0
|
96.0
|
102.0
|
IC-07-343
|
Olga
|
ddh
|
1.78
|
8.0
|
111.0
|
119.0
|
IC-07-344
|
Olga
|
ddh
|
0.79
|
4.5
|
27.0
|
31.5
|
IC-07-344
|
Olga
|
ddh
|
3.31
|
17.0
|
118.0
|
135.0
|
IC-07-345
|
Olga
|
ddh
|
0.50
|
2.0
|
106.0
|
108.0
|
IRS-146
|
Cristina
|
RC
|
3.65
|
10.0
|
65.0
|
75.0
|
IRS-156
|
Cristina
|
RC
|
2.54
|
16.0
|
20.0
|
36.0
|
NOTES: 1)
All thicknesses are core widths / true widths estimated at 80-85%.
2)
All weighted averages calculated using uncut assays.