(“Revett” or the “Company”) reports that on Wednesday August 8, 2007 milling operations resumed at its 67% Troy Mine located in northwestern Montana. On Friday August 10, 2007, representatives of the Mine Safety and Health Administration (“MSHA”) approved the resumption of mining activities in most areas of the mine. The immediate area of the ground fall will be isolated from adjacent mining areas resulting in a temporary production shortfall until other mining areas are developed. The ground fall is not expected to impact proven and probable reserves. While production is not yet at the same levels as it was just prior to the accident, production has been improving each day. It is estimated that roughly 600 tons of concentrate production was lost during the shutdown. The Company anticipates that concentrate deliveries to its customers will resume next week.    

 

Mr. William Orchow, President and CEO of Revett Minerals, stated “We would like to express our gratitude to the representatives of MSHA and our staff for their dedication and perseverance in working around the clock to ensure that safe operations could resume at Troy as quickly as possible.”

 

 

William Orchow

President & CEO

 

For more information, please contact:

Scott Brunsdon, CFO or Carson Rife, VP Operations at (509) 921-2294