ATLANTA, Oct. 1, 2009 (GLOBE NEWSWIRE) -- OTC Stock Review announces that it has initiated coverage of Revett Minerals Inc. (OTCBB:RVMIF) (TSX:RVM). Revett Minerals, headquartered in Spokane, Washington, owns and operates the currently producing Troy Mine and development stage Rock Creek Project, both located in northwestern Montana. The proven reserves at Troy and significant resources at Rock Creek could easily propel Revett to the status of a solid, mid-tier base and precious metals producer. Revett is also expanding its production through exploration in and around its current properties.
Revett Minerals acquired the past producing (1981-1993) Troy Mine in 1999 and put it back into production in April 2004. At full capacity, the Troy Mine could average 2 million ounces of silver and 17 million pounds of copper production per year.
Revett received a favorable Record of Decision for the development of the Rock Creek Mine from the U.S. Forest Service, and the Montana Department of Environmental Quality in 2003.
Presuming a positive feasibility study and successful financing, Rock Creek could be a 10,000 ton per day underground mine with estimated annual production of 6 million ounces of silver and 52 million pounds of copper over the life of the mine.
In our opinion, investors will want to look at Revett Minerals since the Company just received a U.S. listing. It has traded in Canada for many years; however, the new U.S. trading symbol opens up an entire new group of investors for this growing silver and copper producer.
Investors can download a complimentary copy of our report at http://www.otcstockreview.com/Files/RVMIF/RVMIF_Review.pdf.
Additionally, more information on Revett Minerals is available at http://www.revettminerals.com.
NOTE: The purpose of this release is to introduce the reader to OTCStockReview.com and Revett Minerals. OTC Stock Review is not registered as an Investment Advisor or a Broker/Dealer. The information in this newsletter is for informative purposes, not intended as advice for investment, is subject to change without notice, from public releases and can not be guaranteed by OTC Stock Review, and not an offer to buy or sell securities of the companies profiled. OTC Stock Review has been compensated twelve thousand five hundred dollars to perform investor relations services for Revett Minerals and officers, directors, and employees of OTC Stock Review hold a long equity position in Revett Minerals and may from trade in these securities for their own accounts. Companies profiled herein may carry a high investment risk; readers should carefully review profiled companies thoroughly with their investment advisor, stockbroker, or other such professional. OTC Stock Review is not liable for any investment decisions by its readers or their advisors. Any analysis contained herein does not purport to be a complete analysis of the profiled company and reflects the opinion of the author. Readers should obtain copies of the profiled companies' periodic reports filed with United States Securities and Exchange Commission, generally available at http://www.sec.gov.