Nov 30, 2010
Reva To Joint Venture 50% Interest in the Chu Chua Massive Sulfide Deposit
Reva Resources Corp. (the "Company") is pleased to report that it has reached an agreement with Newport Exploration Ltd (TSX-V:NWX) ("Newport") whereby Newport can earn a 50% interest in the Company's Chu Chua massive sulphide deposit located approximately 70km north of Kamloops, British Columbia. In order to earn the 50% interest, Newport on or before December 31, 2012, will need to carry out and fund the costs of the recommended work program on the Chua Chua property as detailed in the technical report dated October 15, 2009 prepared for the Company by APEX Geoscience Ltd. and filed on SEDAR, estimated to be $1,670,000.
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"Neither 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."
You can view the Next News Releases item: Tue Feb 8, 2011, Reva Acquires Option Over 60% Interest in Athabasca Basin Uranium Project in Saskatchewan
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