VANCOUVER, BRITISH COLUMBIA, Jul. 9, 2010 (Marketwire) -- ENCORE RENAISSANCE RESOURCES CORP. (TSX VENTURE:EZ)(FRANKFURT:OUH1)(PINK SHEETS:ERRCF) Encore Renaissance Resources Corp. (the "Company" (TSX VENTURE:EZ) has received from Kinross Gold's mill in Washington State, the report and payment for the processed first portion of the permitted 10,000 tonne bulk test sample.
An initial shipment of 364.61 short tons assayed at 0.475 ounces per ton was processed yielding 161.95 troy ounces of gold at a recovery rate of 93.51%. The Company has received from Kinross (after all processing costs) a total net payment of $145,783.90.
This initial shipment is only a small portion of the permitted 10,000 tonne (11,000 short ton) bulk test sample and represents a significant milestone for the development of the Bonaparte project verifying the presence of economically viable recoverable gold on the property.
The company would also like to report that the audited year end financial statement for 2008/2009 has been filed. The 1st quarter financial report for 2009/2010 will be filed within the next 7 days with the 2nd quarter financial report for 2009/2010 to be filed shortly thereafter. Application to resume trading on the TSX Venture Exchange will immediately follow the filing of these quarterly reports.
Management would like to thank shareholders for their continued patience and support as we move forward with the project.
This release has been reviewed by Laurence Stephenson P.Eng. the designated Qualified Person.
Michael Mulberry, President and Director
The TSX Venture Exchange has in no way passed upon the merits of the proposed transaction and has neither approved nor disapproved the content of this press release.