RTMFF - RT Minerals Corp. Reports Drilling Has Commenced at the Link-Catharine RLDZ Gold Property Kirkland Lake Ontario
(TheNewswire)
Vancouver, B.C. - TheNewswire – November 10, 2021 – RT MineralsCorp. (TSXV:RTM) (OTC:RTMFF) (the “Company”or “RTM”) is pleased to announce that drilling has commenced onthe Company’s 100% optioned Link-Catharine RLDZ gold property,located about twenty-five kilometres southeast of Kirkland Lake,Ontario.
The diamond drilling will test up to three surficialoutcrops and intervening strike of the apparent deformation zone(Pacaud fault corridor) that aligns with the three outcrops. Theseoutcrops host variable amounts of green carbonate (fuschite), mafic,and ultramafic (“GCMU”) rock assemblages that carry varyingamounts of quartz and carbonate veining with sulphides.
In addition, a Three-Dimensional Distributed Array IPgeophysical program has been completed on the northern part of theProperty. The interpretation of the IP geophysical program is expectedwithin the next week.
The Company plans to drill up to twelve diamond drillholes at an average depth of two hundred metres per hole. The drillholes will target the previously described GCMU outcrops in thesubsurface and target two prominent magnetic low signatures targeting“magnetic destruction” previously outlined from historicalgeophysical surveys. Existing and additional targets (deep transversefaults) will be defined from the current northern 3D – IPsurvey.
The Company also announces that Mr. Victor Cantore hasresigned as Strategic Advisor to the Company. We would like to thankMr. Cantore for his support and wish him well in his future endeavors.
Qualified Person - Mr. GarryClark, P.Geo., is the Qualified Person for RTM and he has reviewed andapproved 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 .
Photo 1 – 11/10/21 Drilling – “OutcropA”
Photo 2 – Gold bearing ~35m wide “Outcrop A” withwidespread quartz and carbonate veining.
Photo 3 – 2 kg grab sample from 50m by 50m exposed“Outcrop A”
FOR FURTHER INFORMATIONCONTACT:
Douglas J. Andrews, B.Sc., M.Sc.
President and Chief Executive Officer
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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