Golden Regent Resources Ltd. announces that it has been successful in acquiring a 70 square KM exploration permit in Eastern Slovakia.CALGARY, Alberta--(BUSINESS WIRE)--March 21, 1996--Golden Regent Resources Ltd. (GRR GRR General Reevaluation Report GRR Grand River Railway (Ontario, Canada) GRR Georgetown Railroad GRR Grand Rapids Rampage GRR Genotype Relative Risk GRR Giant Resource Recovery (recycling) - ASE (Adaptive Server Enterprise) A relational DBMS from Sybase that runs on Windows NT/2000, Linux and a variety of Unix platforms. ASE is a comprehensive and robust data management product with a long history dating back to the late 1980s. ) announces that it has been successful in acquiring a 70 square km exploration permit in eastern Slovakia. This permit called Ruska Bystra is on the southwest slope of the Vihorlat Mountains Vihorlat Mountains (Slovak: Vihorlatské vrchy; Ukrainian: Vyhorliat) or colloquially Vihorlat is a volcanic mountain range in eastern Slovakia and western Ukraine. , a sub range of the Flysch flysch Sequence of shales interbedded with thin, hard, graywacke-like sandstones. Such sequences are usually thousands of yards thick, but the individual beds are only a few inches to a few yards thick. The occasional presence of fossils indicates marine deposition. Carpathians. The permit abuts the Ukraine border and lies approximately 40 km NW of the Ukraine Beregovo deposit. This large deposit is situated in the same position as the Ruska Bystra permit (on the south flank of the Flysch Carpathians) and has a reported 14,000,000 oz. of gold averaging 1.5 gr/tonne (H.R. Krouse and L.Z. Skakun, 1994). This permit is 12 km NE of the large permit held by RTZ RTZ Rio Tinto Zinc RTZ Return To Zero RTZ Return to Zork (game) RTZ Retail Trade Zone (rumoured to be 700 km2) that covers the Slanske Mountains east of the city of Kosice. It has been rumoured that RTZ has made a significant discovery in this area. Preliminary surface work done on the Ruska Bystra permit has given assays of 0.1 to 1.0 gr/tonne Au distributed over a broad area. The geologists working on this project, have suggested that there is a very good probability for a large tonnage Carlin-type ore body here (Dr. Z. Bacso, Dr. J. Knesl, 1995). Geochemical surveying and trenching will commence in May. The Alberta Stock Exchange Alberta Stock Exchange See Canadian Venture Exchange (CDNX). has neither approved nor disapproved the information contained in this release. CONTACT: Golden Regent Resources, Calgary Bill Salt at (403) 263-7268 or Peter Aubrey at (403) 244-2800 |
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