Jul 23, 2012
Trading Symbol: RVA (TSX-V)
Vancouver, BC, July 23, 2012. Reva Resources Corp. ("Reva") is pleased to announce that they have agreed to extend the expiry date of the option agreement with Newport Exploration Ltd. ("Newport" NWX TSX-V) from December 31, 2012 to December 31, 2013. As amended, Newport will have the right to earn a 50% interest in Reva's Chu Chua massive sulphide deposit located approximately 70 kilometres north of Kamloops, British Columbia by funding and carrying out the work program on the Chu Chua property (as detailed in the technical report of Reva as filed on SEDAR and dated October 15, 2009) on or before December 31, 2013.
To date, Newport has incurred expenditures of approximately $100,000 towards the exercise of the option.
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