Coventry Resources Limited (ASX:CVY) Announce Encouraging Initial Drill Results at Meston Prospect, Cameron Gold Project

Perth, Mar 7, 2011 AEST (ABN Newswire) - Coventry Resources Limited (ASX:CVY) is pleased to advise that it is has received initial analytical results from the Meston Prospect as part of an ongoing diamond drilling program at the Cameron Gold Project in Ontario, Canada.

The Meston Prospect is located approximately five kilometres along strike from the +1Moz Cameron Gold Deposit. The Company has the right to earn an 80% interest in this prospect (see the Company's ASX Announcement on 15 September 2010). Only limited exploration had been undertaken here prior to the Company's current drilling program.

Analytical results have been received for the first nine holes drilled at the Meston Prospect (1,503 metres). Initial drilling has intersected very encouraging shallow gold mineralisation including:

- 4.0 metres at 5.16 g/t gold from 5.0 metres

- 8.7 metres at 2.19 g/t gold from 5.3 metres

- 2.0 metres at 4.67 g/t gold from 3.0 metres

- 1.0 metre at 3.47 g/t gold from 68.0 metres

Mineralisation remains open in all directions. One diamond drilling rig continues to operate at the Meston Prospect to help determine the possible extent of the mineralisation there.

The Company currently has two other drilling rigs operating at the Project, to help it evaluate other high priority targets. A fourth drilling rig is expected to commence operation later this week.

Cameron Gold Project - Background

Since acquiring a 100% interest in the +1Moz Cameron Gold Deposit in April 2010 the Company has quadrupled the size of its project area to more than 12,800 hectares. The Company now holds mineral rights over almost 30 kilometres of the highly fertile Cameron and Monte Cristo Shear Zones, which host the gold mineralisation in the area.

More than 20 gold occurrences, prospects and deposits are known within the Company's project area. Very little work has been undertaken since the 1980s, hence there is considerable potential to substantially increase the Project's resource base. The Company currently has 3 drilling rigs operating at the Project as it systematically but aggressively evaluates its highest priority targets.

The Company anticipates releasing results regularly during the coming months as the drilling program progresses.

For the complete Coventry Resources announcement including figures and tables, please refer to the following link:
http://www.abnnewswire.net/media/en/docs/532343.pdf

Contact

Mike Haynes Executive Chairman Email: info@coventryres.com Tel: +61-8-9324-1266 http://www.coventryres.com