Driven receives drill permit for Blackwater East

    




 TSX Venture Exchange: DVV Frankfurt Stock Exchange: DV1 

 VANCOUVER, Aug. 9, 2012 /CNW/ - Driven Capital Corp.   ("Driven" or the "Company") is pleased to advise that its application for a permit to conduct  diamond core drilling on its 100% optioned Blackwater East project  located on the Nechako Plateau of British Columbia has been approved. 

 The BC Ministry of Energy & Mines has awarded Driven a Multi-Year Area  Based (MYAB) permit, for up to 2,000 metres of drilling located within  the prospective south-southeastern areas of the property. 

 The previously announced geophysical work in these areas (see news  release dated June 25, 2012) has been completed. Personnel from Peter  E. Walcott & Associates Limited and Company management are interpreting  the results in conjunction with both regional/historical data and the  2011 soil geochemical results. This analysis will dictate target  selection and help prioritize the now-permitted drill program. 

 "All three of Driven's properties are now permitted to be drilled,"  stated Toma Sojonky, President & CEO. "Our decision to drill Blackwater  East will be based on the geophysical analysis, our financial position  and, as a matter of corporate strategy, the results of our drilling  underway at White River." 

 Blackwater East is comprised of 23 contiguous mineral claims totaling  approximately 8,472 hectares on the Omineca Mining Division's prolific  Nechako Plateau. Driven's property is adjacent to the  eastern/southeastern boundaries of New Gold Inc.'s Blackwater gold  project, which hosts currently defined indicated resources of 7.1  million ounces of gold, and additional inferred resources of 2.5  million ounces of gold; please refer to New Gold Inc.'s news release  dated July 18, 2012 for more details. 

 Lindsay Bottomer, P.Geo, a Director of the Company, is the Qualified  Person as defined under National Instrument 43-101, who has reviewed  the technical information in this news release. 

 Driven Capital Corp. is deploying its accomplished technical and management team toward the  exploration of its portfolio of highly prospective precious metals  projects in the Yukon and British Columbia. 

 On Behalf of the Board of Directors of Driven Capital Corp. 

 "Toma Sojonky" 

 Toma Sojonky, President & CEO 

 Neither the TSX Venture Exchange nor its Regulation Services Provider  (as that term is defined in the policies of the TSX Venture Exchange)  accepts responsibility for the adequacy or accuracy of this release.  Cautionary Statement Regarding Forward-Looking Information: All  statements, trend analysis and other information contained in this  press release relative to markets about anticipated future events or  results constitute forward-looking statements. Forward-looking  statements are often, but not always, identified by the use of words  such as "seek", "anticipate", "believe", "plan", "estimate", "expect"  and "intend" and statements that an event or result "may", "will",  "should", "could" or "might" occur or be achieved and other similar  expressions. Forward-looking statements are subject to business and  economic risks and uncertainties and other factors that could cause  actual results of operations to differ materially from those contained  in the forward-looking statements. Forward-looking statements are based  on estimates and opinions of management at the date the statements are  made. The Company does not undertake any obligation to update  forward-looking statements even if circumstances or management's  estimates or opinions should change. Investors should not place undue  reliance on forward-looking statements. 

Driven Capital Corp.


CONTACT:  please contact Toma Sojonky, President & CEO, at [phone],orvisit www.DrivenCapital.ca 


    

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