Reservoir granted two exploration permits for gold in Gabon
Thursday, Jan 31, 2013
Reservoir Minerals Inc. ("RMC" or the "Company") (TSX VENTURE:RMC)(PINKSHEETS:RVRLF)(BERLIN:9RE) is pleased to announce that its 100% owned subsidiary in the Gabonese Republic has been granted two exploration permits (permis de recherches miniere) by the Ministry of Industry and Mines.
Company geologists reviewed geochemical data obtained during 2005 - 2009 under the auspices of the European Union funded SYSMIN project, and recognized the gold exploration potential of the Mitzic and Boumango exploration permits. Field verification sampling by the Company's exploration teams has validated both the tenor and distribution of the gold-in-soil geochemical anomalism.
Maps showing the location of the exploration permits with relevant geology and geochemistry are provided on the Company website (www.reservoirminerals.com).
Dr. Simon Ingram, President and CEO of Reservoir Minerals commented: "Reservoir Minerals is pleased to have been granted the first exploration permits over two areas, in which robust kilometer scale gold-in-soil geochemical anomalies have been confirmed by the Company's geologists. The Company now looks forward to undertaking the first systematic exploration program for gold in these permit areas."