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Rift Valley Resources Ltd.

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Summary

Project:

Miyabi

Deposit:Dalafuma
Location:Tanzania
Commodities:Gold
Date:8/4/2016
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resource Increase/Upgrade
Report details:4-8-2016: Rift Valley Resources Ltd. announces an Exploration/Drilling Update report for its Dalafuma deposit at the Miyabi project. Drilling results incl. 21.0m @ 4.61g/t Au from 162m. Rift Valley Resources Limited (“Rift Valley” or “Company”) (ASX: RVY)
Resources:(not mentioned in this report)
CP/QP:[Overall Report]: Greg Cunnold (Internal)
ABSTRACT:Rift Valley Resources Limited (“Rift Valley” or “Company”) (ASX: RVY) is pleased to announce first assay results from current drilling at its 100% owned Miyabi Gold Project in Tanzania. Initial (composite) assay results have been received from reverse circulation (RC) drilling at the Dalafuma and Dalafuma NW prospect area. Results confirm and extend the gold mineralisation at Dalafuma and Dalafuma North-West. Significantly, the mineralization at Dalafuma remains open to the east and at depth. At Dalafuma North-West, the mineralization remains open to the west and at depth. The intersections reported pertain to three metre composite samples. One metre re-splits of these intersections will be submitted for analysis and incorporation into an updated resource estimate. A table detailing significant intersections returned from drilling to date is presented below. Drill sections detailing highlighted intersections are included (figure 1&2). Due to delays in assay turnaround the drilling operations at Miyabi were suspended mid-July. The programme has now recommenced and will continue to test the extents of the mineralization delineated to date.

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