Reservoir Capital Corp. (TSX VENTURE:REO)(FRANKFURT:ROC)(BERLIN:ROC)
("Reservoir" or the "Company") is pleased to provide a progress report on a
recent soil sampling program and an update on progress in the re-opening of
access to historical Rusman and Gindusa underground workings at its Deli Jovan
Gold Project in eastern Serbia with partner Orogen Gold Plc (AIM:ORE)
("Orogen").


Highlights

Soil sampling



--  2,600 soil samples have been collected over the previously unexplored
    area between the historic Rusman and Gindusa mines; 

--  Several gold anomalies have been identified that require additional
    field work to understand their association with possible extensions of
    gold mineralization from the known historical mines and workings, or
    with new occurrences of gold-bearing quartz veins. 



Re-opening of access to historic Rusman and Gindusa mines



--  Re-opening of access to the historic Rusman and Gindusa gold mines,
    through shaft refurbishment and dewatering is progressing to schedule; 

--  Access has been secured to the first 30 metre working level at the
    Rusman mine and detailed mapping and sampling is set to commence.
    Dewatering continues to expose deeper production levels for further
    exploration; 

--  Re-opening of the Gindusa mine shaft is progressing well, with clearing
    and refurbishment currently more than half way towards the first 30
    metre mining level. 



Comments on the results of the Soil Sampling

Reservoir and Orogen geologists have undertaken a program of detailed soil
sampling totaling 2,600 samples on a 100 metre x 20 metre grid spacing, covering
a five kilometre strike length of the Deli Jovan shear structure, between the
old Rusman and Gindusa mine shafts. The aim of the program was to identify
previously unknown or unworked gold-bearing veins in the sampled area.


The accompanying maps (to view click on:
http://media3.marketwire.com/docs/reo1011.pdf) demonstrate a number of zones
containing soil samples that have yielded anomalous gold values; as defined by
values greater than 10 parts per billion (ppb) gold. The distribution of
enhanced copper and arsenic in the soils is partly coincident with that of the
anomalous gold values. Copper and low-level arsenic often accompany gold in the
vein systems at Deli Jovan and can be useful pathfinder elements for confirming
the presence of mineralized structures. The results include:




--  Several zones of strong gold anomalism occur in an area of approximately
    600 x 400 metres in the vicinity of the historic Gindusa gold mine. The
    strongly anomalous zones are marked by a coherent distribution of
    samples containing 100 ppb to 1000 ppb gold. Additional field work is
    required to determine the relationship to potential extensions from the
    known mineralization, as well as the impact of contamination from the
    historic mine workings; 

--  A zone of soil samples containing 10 to 49 ppb gold with isolated
    samples in the 50 to 250 ppb gold and one sample peaking at 521 ppb gold
    extends approximately 500 metres to the northwest of the historic Rusman
    mine. Several small historic workings are known in this area, including
    the Seliste copper-gold prospect, where previous grab samples, collected
    by Reservoir's geologists in 2006 from dump material, have ranged from
    0.2 to 41 grams per tonne ("g/t") gold and up to 4.72% copper; 

--  In the center of the sample grid, there are two zones with a coherent
    distribution of anomalous samples (100 to 671 ppb gold) along strike
    lengths of 100 to 200 m, as well as several additional isolated values
    in the range 100 to 455 ppb gold. 



A follow up program of fieldwork is being planned to determine the possible
relationship of the zones of gold-in-soil anomalism with the presence of
auriferous quartz veins in bedrock and, if appropriate, subsequent diamond drill
testing of confirmed targets.


Work at Deli Jovan is funded by Orogen, which can earn up to a 75% interest in
the project by completing $3.5 million in exploration expenditures within 42
months.


Quality Control:

The Company and Orogen follow industry standard quality assurance and quality
control procedures for all samples. The QA/QC program includes the insertion of
blanks, duplicates and certified standards into the sample stream. Gold and
multi-element analysis is undertaken by ALS Chemex at its laboratories in
Romania and Vancouver.


Dr. Duncan Large, Chartered Engineer (UK) and Eur. Geol., a Qualified Person as
defined by National Instrument 43-101 and consultant to the Company, is
responsible for the preparation of the technical information in this release.


About Reservoir

Reservoir is a renewable energy company that is engaged in the development of a
58.4 MW hydroelectric project at Brodarevo in southwest Serbia. Reservoir holds
four geothermal exploration licenses in Serbia and has applied for three
hydroelectric licenses on the Cehotina River in Bosnia (17.75 MW) and one to
develop a 32 MW project from an existing reservoir dam at Vrutci in Serbia. The
Company also holds 8 precious and base metal exploration properties in Serbia
that, subject to approvals, are to be spun-out into a separately listed company
Reservoir Minerals Ltd. (see September 13, 2011 news release). Reservoir's
common shares trade on the TSX Venture Exchange (symbol "REO") and on the
Frankfurt and Berlin Exchanges (symbol "ROC").
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