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RRO Wolf Resource Development Corporation

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Share Name Share Symbol Market Type
Wolf Resource Development Corporation TSXV:RRO TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0 -

Benton & Royal Roads Make a New Discovery of 29.2 Metres Semi-Massive to Massive Sulphides Grading 0.39% Copper and 0.032% Cobal

03/11/2009 2:40pm

Marketwired Canada


Benton Resources Corp. (TSX VENTURE:BTC) ("Benton") and Royal Roads Corp. (TSX
VENTURE:RRO) ("Royal Roads") announced results from a recently completed
two-hole diamond drilling program designed to test a recently discovered
copper-bearing sulphide zone on the Long Range Joint Venture in central
Newfoundland. Drill hole LR-09-02 intersected 29.2 metres (37.9 metres core
length) of semi-massive to massive sulphides while testing a strong conductive
anomaly defined by VTEM airborne geophysical surveys completed by Geotech Ltd.
in 2008. This discovery has been named the Range Zone and returned assays
averaging 0.39% copper and 0.032% cobalt over 29.11 m (estimated true width).
Copper and cobalt grades within the zone range between 0.17% and 1.44% copper,
and 0.007% and 0.127% cobalt, while nickel, silver and gold assays were
negligible. A table of analysis for this interval is presented below. 





                                                                
----------------------------------------------------------------
----------------------------------------------------------------
    From (m)         To (m)         Copper %        Cobalt %    
----------------------------------------------------------------
     92.00           93.00            0.19           0.020      
----------------------------------------------------------------
     93.00           94.00            0.43           0.031      
----------------------------------------------------------------
     94.00           95.00            0.29           0.044      
----------------------------------------------------------------
     95.00           96.00            0.31           0.046      
----------------------------------------------------------------
     96.00           97.00            0.70           0.038      
----------------------------------------------------------------
     97.00           98.00            0.96           0.020      
----------------------------------------------------------------
     98.00           99.00            0.33           0.022      
----------------------------------------------------------------
     99.00           100.00           0.21           0.028      
----------------------------------------------------------------
     100.00          101.00           0.29           0.013      
----------------------------------------------------------------
     101.00          102.00           0.38           0.031      
----------------------------------------------------------------
     102.00          103.00           0.23           0.017      
----------------------------------------------------------------
     103.00          104.00           0.68           0.014      
----------------------------------------------------------------
     104.00          105.00           0.34           0.007      
----------------------------------------------------------------
     105.00          106.00           0.79           0.016      
----------------------------------------------------------------
     106.00          107.00           0.45           0.027      
----------------------------------------------------------------
     107.00          108.00           0.18           0.022      
----------------------------------------------------------------
     108.00          109.00           0.23           0.019      
----------------------------------------------------------------
     109.00          110.00           0.26           0.047      
----------------------------------------------------------------
     110.00          111.00           0.34           0.023      
----------------------------------------------------------------
     111.00          112.00           0.27           0.010      
----------------------------------------------------------------
     112.00          113.00           0.37           0.007      
----------------------------------------------------------------
     113.00          114.00           0.26           0.019      
----------------------------------------------------------------
     114.00          115.00           0.28           0.025      
----------------------------------------------------------------
     115.00          116.00           0.17           0.043      
----------------------------------------------------------------
     116.00          117.00           0.15           0.033      
----------------------------------------------------------------
     117.00          118.00           0.36           0.009      
----------------------------------------------------------------
     118.00          119.00           1.44           0.008      
----------------------------------------------------------------
     119.00          120.00           0.31           0.025      
----------------------------------------------------------------
     120.00          121.00           0.15           0.127      
----------------------------------------------------------------
     121.00          122.00           0.13           0.053      
----------------------------------------------------------------
     122.00          123.00           0.18           0.035      
----------------------------------------------------------------
     123.00          124.00           0.52           0.016      
----------------------------------------------------------------
     124.00          125.00           0.24           0.124      
----------------------------------------------------------------
     125.00          126.00           0.34           0.032      
----------------------------------------------------------------
     126.00          127.00           0.49           0.030      
----------------------------------------------------------------
     127.00          128.00           0.22           0.032      
----------------------------------------------------------------
     128.00          129.00           0.31           0.042      
----------------------------------------------------------------
     129.00          129.80           0.17           0.036      
----------------------------------------------------------------



Mineralization is comprised of pyrrhotite with lesser pyrite and chalcopyrite
hosted by deformed mafic rocks of presumed Ordovician to Silurian age. The
discovery hole, LR-09-02, was the second of two holes collared to test a copper
showing and the associated VTEM anomaly. The first hole, LR-09-01, was collared
80 metres northeast of hole LR-09-02, and appears to have stopped short of the
zone. The associated VTEM anomaly is estimated to be at least 360 metres long,
dip steeply to the southeast, and plunge gently to the southwest. The discovery
is located 1.3 kilometres east of the Puddle Pond Gabbro. Royal Roads and Benton
recently announced discovery of magmatic nickel-copper sulphides within trenched
bedrock exposures of Puddle Pond Gabbro 3.3 kilometres west northwest of the
Range Zone. 


Sulphide abundances and textures are noted to vary over the intercept's length,
with total sulphide abundances visually estimated to range from 20% to 30%
between 91.9 and 99.5 metres (5.9 m estimated true width), from 40% to 50%
between 99.5 and 119.6 metres (15.5 m estimated true width), and from 75% to 90%
between 119.6 and 129.8 metres (7.9 metres estimated true width). The zone's
upper contact is marked by a 10 cm gouge zone (fault) while the zone's lower
contact is marked by a chilled diabase dyke. Minor sulphide mineralization is
also observed within other fine grained mafic rocks below the main mineralized
zone. 


Royal Roads and Benton are very encouraged by the thickness of the zone and the
uniform distribution of the copper-cobalt mineralization. A second phase drill
program is presently in the planning stage to test for zones of higher base
metal concentrations in what has the potential to be a large accumulation of
massive sulphides. The companies also believe this discovery underscores the
high prospectivity of this area, which remains one of the least explored areas
of Newfoundland and Labrador. 


Update On Diamond Drilling Of Newly Discovered Nickel-Copper Sulphide Zone

The companies have completed four drill holes designed to test magmatic
nickel-copper sulphides discovered within the 5 x 21 kilometre, Puddle Pond
Gabbro (news release dated October 28, 2009). This mineralization, now referred
to as the Portage Nickel prospect, was discovered by bedrock trenching of a VTEM
conductive anomaly and returned assays of up to 2.70% nickel, 0.58% copper and
0.24% cobalt in grab samples, as well as sawed channel samples of up to 2.18%
nickel, 0.19% copper and 0.11% cobalt over 1.0 metre. Drill cores have been
logged and sampled and results will be released upon receipt of assays. 


New Staking

In light of recent positive results obtained on the project, the companies
staked an additional 650 claims (162 km2) in six additional properties located
less than 25 km from the original property. Each additional property covers
prospective gabbro analogous to the Puddle Pond Gabbro. As a result, the Long
Range Joint Venture now covers more than almost 40,000 ha or 398.25 square
kilometres. 


Background

The Long Range project is a 50/50 joint venture between Royal Roads and Benton
with Royal Roads as the operator. The property is subject to net smelter
royalties of up to 2%, of which 1% can be purchased for $1 million. Portions of
the property are subject to underlying option agreements requiring cash payments
and share issuances for the joint venture to earn a 100% interest. The project
was acquired to explore for magmatic nickel-copper sulphide deposits within a
previously unexplored area, recently recognized to be prospective for magmatic
sulphide deposits. The project is well situated with ready access to a paved
highway, power and port facilities. 


Qualified Person

Paul Moore, M.Sc., P.Geo., (NL), Royal Road's Vice President of Exploration, is
acting as Qualified Person in compliance with National Instrument 43-101 with
respect to this release and has reviewed the contents for accuracy. The drilling
program was supervised by Paul Moore and David Butler, B.Sc. (Hons), P. Geo
(NL), Royal Roads' Exploration Manager. Logging, sampling and assaying
procedures were completed as per Royal Roads' QA/QC protocols as described in
Royal Roads' press release dated February 27th, 2007. All assays were completed
by Eastern Analytical Limited of Springdale, Newfoundland by the ICP
(Inductively Coupled Plasma Optical Emission Spectroscopy) method (ICP-11) and
Ore Grade Assay for Cu and Co by the atomic absorption (AA) method. Gold assays
were completed by standard 1/2 assay ton fire assay using the AA method.
Appropriate QA/QC protocols were applied, including duplicate analyses and
monitoring of assay results through the insertion of control standards.
Estimated true widths are based on measured core angles and correlation with
airborne geophysical data. 


About Royal Roads

Royal Roads is a resource company based in Halifax, Nova Scotia, Canada and is
primarily focused on exploring and developing mineral properties in the famous
historic Buchans mining camp in central Newfoundland, Canada. Acadian Mining
Corporation (ADA-TSX) owns 29.18% of Royal Roads. 


About Benton Resources

Benton is a Canadian based junior with multiple joint ventures and a diversified
property portfolio in Gold, Nickel, Copper, and Platinum group elements which
can be view on the company's web site post below. The company currently has
approximately $15.0 million in cash, owns a 32.2% interest in Coro Mining Corp
(TSX: COP.TO), holds an approximate 5% interest in Marathon PGM Corp (TSX:
MAR.TO) and retains a 2% Net Smelter Royalty on the northern portion of the
Marathon PGM deposit.


Forward Looking Statements 

Certain information contained herein may constitute forward-looking statements
within the meaning of applicable securities laws. Forward-looking statements may
include estimates, plans, expectations, opinions, forecasts, projections,
guidance or other statements that are not statements of fact. Although Royal
Roads and Benton (the "Companies") believe that the expectations reflected in
such forward-looking statements are reasonable, they can give no assurance that
such expectations will prove to have been correct. The Companies caution that
actual performance will be affected by a number of factors, many of which are
beyond their control, and that future events and results may vary substantially
from what the Companies currently foresee. The Companies' forward-looking
statements are expressly qualified in their entirety by this cautionary
statement. 




Investor Relations
BTC@agoracom.com 
http://agoracom.com/ir/benton 
AGORACOM Investor Relations
or Clair Calvert: @204-799-2086



INVESTOR COMMUNICATIONS:

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has created a Benton Resources Investor Relations Hub that allows both AGORACOM
and management to communicate with investors anytime and in real-time, thus
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http://www.agoracom.com/ir/benton.


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