
| | March 25, 2004 Rockwell Initiates Drilling at Royce Diamond Property
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| | Ronald W. Thiessen, President and CEO of Rockwell Ventures Inc. (TSX-V: RCW; OTC-BB: RCKVF) is pleased to announce that the Company is advancing to Phase II of its exploration program on the Royce Diamond Claims. A drill is currently being mobilized to site.
The Royce Claims, located 110 kilometres north-northwest of Yellowknife, Northwest Territories, host one of the most focused diamond exploration targets in Canada's premier diamond province. Two principal diamond indicator mineral trains have been identified by prior exploration on the property; the Wheeler Lake and Bessonette trains are defined by G-10 garnets, ilmenites and chromites that are chemically compatible with the diamond stability field. Detailed ground geophysical surveys, including electromagnetic, magnetic and gravity, have now been completed at the heads of the Wheeler Lake trains. Drilling will test the more prominent of these geophysical signatures.
Rockwell can earn up to a 60% interest in the Royce Claims from GMD Resources Ltd. ("GMD") through staged payments of cash, private placements into GMD, and project expenditures totaling $10 million within five years.
For more information on Rockwell and the Royce Diamond Property, please visit the Company's website at www.rockwellventures.com or contact Investor Services at (604) 684-6365 or within North America at 1-800-667-2114.
ON BEHALF OF THE BOARD OF DIRECTORS
Ronald W. Thiessen
President and CEO |
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