RTMFF - RT Minerals Corp. Completes Six Holes in Ongoing Drilling at the Link-Catharine RLDZ Gold Property Kirkland Lake Ontario
(TheNewswire)
Vancouver, B.C. - TheNewswire - November 29, 2021 - RT Minerals Corp.(TSXV:RTM) (OTC:RTMFF) (the “Company” or“RTM”) announces that since the Company’s press release ofNovember 18, 2021, a total of six holes have been completed on theLink-Catharine RLDZ property, with the seventh hole starting today.The Link-Catharine RLDZ property is located about twenty-fivekilometres southeast of Kirkland Lake, Ontario, and the Company hasthe option to earn 100% of the Property over the next threeyears.
The first six holes have successfully tested the entireshear-deformation zone (“Shear Zone”) from what appears an azimuthto penetrate the Shear Zone closer to true width.
The first six holes were drilled between depths of 157mto 369m of core length at declinations of 55 to 70 degrees. All holesintersected ultramafic-basalt, green carbonate, altered ultramafics,porphyry and syenite dykes, along with a lamprophyre dyke indicating adeep mantle genesis to the units within the Shear Zone.
These rock types carry variable amounts of quartzveining and sulphides intermittently throughout the entire 90m wideShear Zone. Sulphide content in prospective sections of the host rocksvaries between trace to 10% fine and coarse pyrite within severalcentimetres and up to 18m wide intervals intermittently throughout allholes of the current program.
In addition, the Three-Dimensional Distributed Array IPgeophysical program completed last week on the northern part of theProperty has provided five additional drill targets.
Under the current program, the Company plans to drillup to twelve diamond drill holes at an average depth of two hundredmetres per hole. Several drill holes will continue to target anddelineate the Shear Zone. A total of 266 samples of approximately onemetre each have been submitted for fire assay from the first threeholes with more samples to be submitted from holes which are beinglogged or are ongoing. A further six samples, of one to fourkilograms, from the large outcrop pictured in the Company’s November4, 2021 and November 10, 2021 press releases have also been submittedfor fire assay and whole rock analysis.
Mr. Doug Andrews, President and CEO of the Company,states: “I am impressed with the 90m wide Shear Zone which has beentested for over approximately 200m of strike length and to a coredepth of 367m and which is open on strike in both directions and todepth. In addition, the presence of the current rock assemblages withsections containing various amounts of intermittent sulphides, as wellas several green carbonate/fuschite units, encountered in all of thefirst six holes indicates that a large exploration target for goldmineralization has been established.”
Qualified Person - Mr. GarryClark, P.Geo., is the Qualified Person for RT Minerals Corp. and hehas reviewed and approved the technical content of this press release.
About RT Minerals Corp.
RT Minerals Corp. is a junior exploration companylisted on the TSX Venture Exchange under the symbol “RTM” and has78,694,654 common shares issued and outstanding, of which 19.95million shares are held in escrow to be released over a three-yearperiod ending July 14, 2024. The Company holds an option to acquire a100% interest in the Link-Catharine RLDZ gold property comprised offifteen unpatented single cell mining claims with a total area of 220hectares in one claim block, which is contiguous to the Company’s100% owned 102 square kilometre Catharine claim block. Theseproperties are located twenty-two kilometres south-southeast of thetown of Kirkland Lake, Ontario. The Company also holds a 100% interestin the Norwalk gold property near Wawa, Ontario.
For more information on the Company and its properties,please visit the Company’s website at www.rtmcorp.com .
FOR FURTHER INFORMATIONCONTACT:
Douglas J. Andrews, B.Sc., M.Sc.
President and Chief Executive Officer
Telephone: 403-200-6542
RT Minerals Corp.
Telephone: 604-681-3170 Fax:604-681-3552
Neither the TSX Venture Exchange norits Regulation Service Provider (as the term is defined in thepolicies of the TSX Venture Exchange) accepts responsibility for theadequacy of accuracy of this news release.
Forward-Looking Statements
This news release contains certainforward-looking statements, which relate to future events or futureperformance (including, but not limited to, the overall size of theOffering, the proposed use of proceeds and the expected closing of anytranches thereof) and reflect management’s current expectations andassumptions. Such forward-looking statements reflect management’scurrent beliefs and are based on assumptions made by and informationcurrently available to the Company. Readers are cautioned that theseforward-looking statements are neither promises nor guarantees, andare subject to risks and uncertainties that may cause future resultsto differ materially from those expected including, but not limitedto, market conditions, availability of financing, actual results ofthe Company’s exploration and other activities, environmental risks,future metal prices, operating risks, accidents, labor issues, delaysin obtaining governmental approvals and permits, and other risks inthe mining industry. All the forward-looking statements made in thisnews release are qualified by these cautionary statements and those inour continuous disclosure filings available on SEDAR at www.sedar.com.These forward-looking statements are made as of the date hereof andthe Company does not assume any obligation to update or revise them toreflect new events or circumstances save as required by applicablelaw.
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