SYMBOLS: RSM-TSXV (Toronto Venture Exchange)
RYSMF- OTCBB (US
OTCBB)
WWW.ROYALSTANDARDMINERALS.COM
Royal Standard Minerals Inc.:
Goldwedge Progress and Drilling Programs for Other Projects in Nevada
Sept
20, 2007 11:43:00 AM
MANHATTAN, NEVADA--(Marketwire
- Sept. 20, 2007) - ROYAL STANDARD MINERALS INC., "RSM" (TSX
VENTURE:RSM)(OTCBB:RYSMF). The Goldwedge project development program, Nye County, Nevada,
has continued with further refinements to the plant operation. We are
continuing to work on the grinding of feed material for total liberation of
gold from the fine particles of calcite and limestone in the tails. Continued
screen analysis indicates that a grind of a minimum of 80% -150 mesh will be
required to get the majority of the gold. Improvements are being made in the
grinding procedure to include reducing the feed size from minus 0.5 inches to
minus 0.25 inches crush size going to the ball mill #1 and reducing the feed
rate to the ball mills.
Metcon
Research of Tuscon, AZ has been evaluating the gold mineralized
material mined from Goldwedge for the purpose of making a determination as to
whether to construct a flotation circuit or utilize a cyanide vat/tank leach
system to recover the remaining gold from the tails after the initial gravity
recovery circuit. The initial results of the cyanide testing indicated that the
Goldwedge ore type responds very favorably to cyanide recovery with very low
cyanide consumption, however, the plant facility construction and permitting
would be more costly to implement than a flotation circuit. Additional
flotation testing is currently underway.
Pinon
gold-silver property, Elko County,
Nevada, the Company core drilling
program is expected to return data on current groundwater levels, core for rock
quality data and proposed heap leach pad bedrock/overburden characterization
drilling required by the federal and state regulators as part of the mine
permit application process. The Company also had Boart Longyear complete
several sonic drill holes on two proposed leach pad areas northeast of the
Pinon resource area.
Fondaway Canyon
gold-tungsten property, Churchill
County, Nevada, the
sonic drilling program on the former Tenneco heap leach pad was completed in
mid-August, 2007. We are currently evaluating the feasibility of utilizing the
former leach pad material on a new leach pad to startup this project.
RSM
is currently preparing the data base for the 100% controlled Dixie-Comstock
gold property located in Churchill County on the eastern side of the Stillwater Range.
The Company is evaluating the results of more than 180 reverse circulation
drill holes on this property that have outlined a gold resource within an area
that is approximately 1,000 feet on strike (N-S) and 700 feet (E-W) wide. This
property has been previously drill tested by Asarco, Santa Fe Industries and
Horizon Resources in the 1980's and 1990's returning promising gold assays. The
objective is to complete a NI-43-101 compliant resource report for this
property.
RSM
is an exploration and development company with advanced gold projects in Nevada.
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
TSX.V Exchange does not accept responsibility for adequacy or accuracy of this
release as per Exchange Policy 3.3 section 6.5.
FOR FURTHER INFORMATION PLEASE CONTACT:
Royal Standard Minerals Inc.
Mr. Roland Larsen
775-487-2454
Fax: 775-775-2460 (FAX)
Royal Standard Minerals Inc.
Mr. Rich Kaiser
Investor Relations
800-631-8127
www.royal-standard.com
Source: Royal Standard Minerals Inc.
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RSM.TSXV/ RYSMF.OTCBB
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