MANHATTAN, NEVADA (OTCBB: RYSMF) -

The Company has completed the dewatering well for the underground project. The indications are that this well will be very effective in lowering the local water table within the immediate mine development area. The permitting process is making progress to include the permit renewal and modifications to the surface water discharge permit of mine water and plant modifications, according to Qualified Person, Roland M. Larsen.

The plant is currently processing gold mineralized material at a throughput rate of approximately 300 tons per day from the low grade stockpile. We have not increased the throughput rate to maintain the proper grind from the ball mills. At this point we have not commenced a night shift in the plant due to the lack of available personnel, however, the Company will have some of the previously employed miners return to the project in the near future.

As reported earlier, the Company has made arrangements to send all of its concentrates to be processed by an independent laboratory to produce dore' that will be sent back to the Company to our in-house assay laboratory. Once assayed we will send the dore to a third party for further refining to produce a finished (999) fine gold and silver product. The first four (4) ton shipment of concentrate containing less than 300 total ounces is expected to be sent to the independent laboratory in early June, 2008.

At Dixie-Comstock the initial extension drilling program of eight (8) core drill holes has been completed. This drilling did not result in identifying additional mineable grade gold mineralization under the Stillwater range adjacent to the near surface deposit. Drilling the northeast extension was difficult due to the thickness of alluvial cover. Drilling testing this area will require a different drill system. It appears that the northeast extension adjacent to the near surface fault block that hosts the Dixie-Comstock property is down-dropped more that 500 feet in this area. The next step is to permit a bulk-sampling program for the deposit area in order to better evaluate this property as a potential development project.

The drill has recently been moved to the Railroad property, Elko County, to continue the drilling program on the copper-molybdenum-gold project with the objective of further defining the areal extent of this mineralization.

The part-time CFO, Mr. Sam Gulko has recently resigned for personal reasons. It is expected that he may be replaced by another part-time individual at some point in the near future.

RSM is an exploration and development company with advanced gold projects in Nevada.

Royal Standard Minerals cautions that the statements made in this press release and other forward looking statements made on behalf of the Company may be affected by such other factors including, but not limited to, volatility of mineral prices, product demand, market competition, imprecision of mineral estimates, and other risks detailed herein and from time to time in the Securities and Exchange Commission filings of the Company.

C.U.S.I.P. # 780919106

LISTED: STANDARD & POORS

The TSX.V Exchange does not accept responsibility for adequacy or accuracy of this release as per Exchange Policy 3.3 section 6.5.

Contacts: Royal Standard Minerals Inc. Roland Larsen Qualified Person NI-43-101 (775) 487-2454 (775) 775-2460 (FAX) Royal Standard Minerals Inc. Mr. Rich Kaiser Investor Relations 1-800-631-8127 Website: www.Royal-Standard.com

Resouro Strategic Metals (TSXV:RSM)
Historical Stock Chart
From Jan 2025 to Feb 2025 Click Here for more Resouro Strategic Metals Charts.
Resouro Strategic Metals (TSXV:RSM)
Historical Stock Chart
From Feb 2024 to Feb 2025 Click Here for more Resouro Strategic Metals Charts.