Rift Valley Resources Lists on Canadian National Stock Exchange - Video Summary on Investmentpitch.com
Vancouver, British Columbia--(Newsfile Corp. - August 28, 2013) - Rift Valley Resources (CNSX: RVR) is one of the latest new listings on the Canadian National Stock Exchange.
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The company's principal business activity is the acquisition, exploration and development of mineral properties in British Columbia, Canada.
The company owns the exclusive option to purchase up to a 100% undivided interest in the Cat Mountain gold/copper prospect in northern BC. The 5,900 hectare property, consisting of 20 contiguous mineral tenures, is located approximately 300 kilometres northwest of Prince George. The property is strategically located approximately 16 kilometers north of the Teck Cominco/Lorraine project. There is road access to the southern and central area of the property and 4 wheel drive access to the main mineral showings.
To date up to $5 million has been spent by previous property owners on Rift Valley's property including a 3D IP program, and extensive diamond drilling throughout the claims.
Rift Valley is in possession of much of the prior geological assessment reports generated by previous owners, and created a current, and up to date NI 43-101 in May 2012, which is available on Sedar.com.
Rift Valley's strategy is to compile decades worth of data to create a composite geological model of the property for the first time. The resulting geological model will allow Rift Valley to more accurately identify a zone or zones of interest for further exploration and possible preliminary calculation of a mineral resource. Rift Valley also plans to complete a two part exploration program in 2013 to further test zones of interest.
The company's investor relations is handled by Mark van der Horst of Gale Capital. Mark can be reached at 604-200-1481 or email firstname.lastname@example.org.
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Barry Morgan, CFO