Reservoir Minerals Inc report that diamond drilling on the Company Timok Project in eastern Serbia, with Freeport-McMoRan Exploration Corporation has intercepted important copper and gold mineralization, including 266 metres grading an average of 1.23% copper equivalent from 598 to 864 metres in hole FMTC 1210.

Dr Simon Ingram, President and CEO of Reservoir Minerals Inc said "The Company believes this drill hole represents the possible discovery of a potentially large blind copper gold epithermal and porphyry mineralized system and may be consistent with historical grades reported from other high sulphidation systems in this world-class copper mining district, such as the Bor Deposit which lies approximately 7.5 kilometers north of FMTC 1210. Freeport has the right to fund 100% of the Timok Project expenditures including the completion of a feasibility study as part of the Rakita Earn-in Agreement. We look forward to reporting further results from this drill hole and step out drill holes which are now ongoing."

Source - Reservoir Minerals

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