Reservoir minerals reports further high grade copper-gold drill intercepts from the upper zone of the Cukaru Peki deposit, Serbia

, Investors

Reservoir Minerals Inc. (“Reservoir” or the “Company”) is pleased to provide an update on the current diamond drilling program at the Cukaru Peki Deposit in eastern Serbia, which is a joint venture with Freeport-McMoRan Exploration Corporation (“Freeport”). Drilling results from eleven holes through the High Sulphidation Epithermal (“HSE”) Upper Zone mineralization are reported. A highlight of the drill results is an intersection of 186.0 metres (estimated true thickness 170.4 metres) from 466 to 652 metres in drill hole TC 150061 yielded an average grade of 8.02% copper and 4.44 grams per tonne (g/t) gold for 10.68% copper-equivalent (CuEq), including 131.0 metres (estimated true thickness 120.0 metres) grading 10.03% copper and 5.45 g/t gold for 13.30% CuEq.

Dr. Simon Ingram, President and CEO of Reservoir Minerals Inc., commented: “The Company is pleased to report new drilling results from the on-going programme at the Cukaru Peki deposit. There are currently six drill rigs focused on infill drilling of the Upper Zone and three drill rigs testing the lateral extent of the underlying porphyry type copper-gold mineralization of the Lower Zone. The Company looks forward to reporting further results from the drilling program in the coming months. Technical studies to support a Scoping Study focused on the Upper Zone are ongoing.”


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