Regal Resources Inc. Announces Underground Sampling and Geological Mapping Program
October 22 2012 - 1:11PM
Marketwired Canada
Regal Resources Inc. (the "Company" or "Regal") (CNSX:RGR) is pleased to
announce the commencement of an underground sampling and geologic mapping
program on the company's 100% owned Sunnyside property in Santa Cruz county,
Arizona. This initial phase of the work program will focus on the seven historic
mines located within the 5,400 acre property. Production from the mines within
the and adjacent to the company's claim block yielded significant amounts of
high grade Cu, Ag, Pb, Zn and Au from limited underground production. This
production spanned the late 1800's to the 1960's.
The lithology of the underground workings in three adits surrounding the
recently identified alteration zone at the base of the lithocap (Regal NR dated
Nov.18, 2011) are of particular interest. This underground sampling and mapping
coupled with surface geologic mapping may provide target definition of near
surface copper porphyry mineralization which could underlie the lithocap. Other
underground workings occurring throughout the project area will also be sampled
and mapped. This work may help identify additional near-surface drill targets
which may include porphyry copper and high grade vein mineralization not
previously recognized.
The results of the above described work combined with a geophysical survey will
assist in further defining drill targets to be tested in the 2013 drill season.
The technical information in this release has been reviewed and approved by Mr.
Herb Duerr, P. Geo. a 'qualified person' as defined by National Instrument
43-101 Standards of Disclosure for Mineral Projects. Mr. Duerr is the qualified
person responsible for the company's current work program conducted on the
Sunnyside Property.
About Regal Resources Inc. www.regalresinc.com
Regal Resources Inc. is a junior mineral exploration and development company
based in Vancouver, Canada. The Company is focused on the development and
acquisition of copper projects in the copper producing state of Arizona. The
Company is currently focused on its exploration copper/silver property, the
Patagonia (Sunnyside) property, located near Nogales, Arizona. Regal Resources
is listed on the Canadian National Stock Exchange (CNSX) under the symbol (RGR).
This news release contains certain statements that may be deemed
"forward-looking statements. Forward looking statements are statements that are
not historical facts and are generally, but not always, identified by the words
"expects", "plans", "anticipates", "believes", "intends", "estimates",
"projects", "potential" and similar expressions, or that events or conditions
"will", "would", "may", "could" or "should" occur. Although the Company believes
the expectations expressed in such forward-looking statements are based on
reasonable assumptions, such statements are not guarantees of future performance
and actual results may differ materially from those in forward looking
statements. Forward looking statements are based on the beliefs, estimates and
opinions of the Company's management on the date the statements are made. The
Company undertakes no obligation to update these forward-looking statements in
the event that management's beliefs, estimates or opinions, or other factors,
should change, except as required by law.
FOR FURTHER INFORMATION PLEASE CONTACT:
Regal Resources Inc.
Gregory M Thomas
President
604.730.0234
Regal Resources Inc.
Drew N Brass
VP Communications
604.730.0234
www.regalresinc.com
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