Big Rock Resources Inc
Big Rock Resources Commences Initial Production on Lucky Thirteen Placer Gold Project
Big Rock Resources Inc. / Key word(s): Preliminary Results 18.08.2011 / 21:32 --------------------------------------------------------------------- VANCOUVER, BRITISH COLUMBIA CANADA -- (IMMEDIATE RELEASE) -- AUGUST 18, 2011 Big Rock Resources Inc. (1BR.F, ISIN CA0894851066, WKN A1JJYB, website - http://bigrockresources.com) is pleased to announce an update on the Lucky Thirteen Precious Metals Property Initial Production and Bulk Sampling Program. The equipment testing phase is now complete and the Company is now producing concentrates containing Gold and Platinum metals from the property. The program is now fully underway with a large volume of black sand concentrate containing gold and platinum group metals being recovered by the test plant. The recovery equipment has been designed not only to recover a very large portion of the Gold contained on the property but to recover a large portion of the Platinum Metals that previous sampling has discovered along with the Gold on the property. Reports from earlier evaluation and operation indicates the gravels on the bar may contain mineable gold grades of approximately .05 ounces per cubic yard. Reports from earlier evaluation indicate that there were between 250,000 to 444,000 ounces of gold on the property. Mr. Van Boeyen, the Company's President reports that the size and scale of the evaluation program is quite impressive. The equipment is working as designed, and has been fine tuned to maximize the recovery of the black sand concentrate which contains the gold and possibly platinum group metals. The Company is excited with the project now in the initial production stage especially with the price of gold approaching $1,800 per ounce. The recovery of concentrate being realized from the test plant exceeds the Company's initial expectations. The company will review the results, analyses and other data as received and will release overviews to its shareholders in an orderly fashion. About the Lucky 13 Gold Placer Claim The Lucky Thirteen Placer Claim, near Hope, BC, is 168 ha (415 acres) in size. The claim is staked is on the historic Union gravel Bar, located on the north bank of the Fraser River. The targeted deposit covers an area of approximately 50 ha (124 acres) of the entire placer claim. Assuming results as expected, the Joint Venture plans to initiate mining operations as soon as all necessary approvals and equipment are acquired. Big Rock Resources Ltd. has agreed to fund the initial evaluation program for $400,000 USD, and provide funding up to $8.5 million USD to place the property in full production. About Big Rock Resources Big Rock Resources was formed in January 2010. Big Rock Resources is a resource company commercializing gold bearing properties in the Province of British Columbia. The Company is currently focusing on the Lucky Thirteen Placer Project near Hope, British Columbia,. The Company is currently reviewing additional acquisitions in North America, as well as potential joint venture opportunities in South America. About Siga Resources Inc Siga Resources Inc, founded in 2007, is based in South Lake Tahoe, California. Siga is a mineral resource exploration and development company. Siga's strategy targets properties that have the potential for near term production and early positive cash flow. Siga's general geographical interest is North and South America. Forward-Looking Statements You should not place undue reliance on forward-looking statements in this press release. This press release contains forward-looking statements that involve risks and uncertainties. Words such as 'will,' 'anticipates,' 'believes,' 'plans,' 'goal,' 'expects,' 'future,' 'intends,' and similar expressions are used to identify these forward-looking statements. Actual results could differ materially from those anticipated in these forward-looking statements for many reasons, including the risks we face as described in this press release. Contacts: Ken Van Boeyen President Big Rock Resources Inc. 703-938 Howe St. Vancouver, BC V4Z 1N4 Phone: 1-604-800-2955 End of Corporate News --------------------------------------------------------------------- 18.08.2011 Dissemination of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------- 136264 18.08.2011
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