TORONTO, Feb. 11, 2019 /CNW/ - RNC Minerals (TSX: RNX)
(RNC) is pleased to announce it will be displaying the
recently-discovered "Father's Day Vein" gold specimens, which it
believes are among the largest of their kind ever unearthed, at the
Tucson Gem and Mineral Show® (TGMS) from February 14-17, 2019. According to TGMS, this is
the largest, oldest and most prestigious gem and mineral show in
the world.
In September 2018, the world
celebrated the Father's Day Vein discovery by RNC, which has
yielded more than 25,000 ounces of gold worth in excess of
C$40 million including what we
believe are among the largest gold specimens ever unearthed,
including King Henry containing
1,402 ounces, Warren containing 893 ounces, and several other
spectacular high grade specimens.
THIS IS AN EXHIBIT NOT TO BE MISSED!
YOU CAN SEE IT AT THE 2019 TUCSON GEM AND MINERAL SHOW®!
Date:
|
February 14-17,
2019
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Time:
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Thursday: 10:00 am -
6:00 pm
|
|
Friday: 10:00 am -
6:00 pm
|
|
Saturday: 10:00 am –
6:00 pm
|
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Sunday: 10:00 am –
5:00 pm
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Location:
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Tucson Convention
Center, 260 Church Avenue, Tucson, Arizona 85701
|
For further information about the TGMS Show please
visit: www.tgms.org/show/. For ticket information and
special discounts go to:
http://www.tgms.org/s/Ticket-info-2019-4gm7.pdf
About TGMS
The Tucson Gem and Mineral Society was founded in 1946 and began
as a small group interested in the hobby of mineral collecting and
lapidary. The Society's intent from the start was to further the
knowledge and appreciation for a hobby that was just beginning to
grow. Their mission is to encourage interest and study in geology,
mineralogy, lapidary, and allied earth sciences. Through their
Tucson Gem and Mineral Show®, they remain dedicated to presenting
extraordinary mineral and jewelry exhibits while bringing together
jewelry, mineral, fossil, lapidary craftsman, and related
publication dealers to provide an unparalleled variety under one
roof. A combination museum / shopping experience that for four days
delights young and old.
About RNC Minerals
RNC has a 100% interest in the producing Beta Hunt gold mine
located in Western Australia where
a significant high grade gold discovery - "Father's Day Vein" - was
recently made. RNC is currently completing a 40,000 metre drill
program on near mine exploration targets focused on the Father's
Day Vein area, results of which will be incorporated into an
updated NI 43-101 compliant Mineral Resource Estimate and mine plan
targeted for Q2 2019. Beta Hunt gold resource potential is
underpinned by multiple gold shears with gold intersections across
a 4km strike length which remain open in multiple directions
adjacent to an existing 5km ramp network. RNC also has a 28%
interest in a nickel joint venture that owns the Dumont
Nickel-Cobalt Project located in the Abitibi region of Quebec which contains the second largest
nickel reserve and eighth largest cobalt reserve in the world. RNC
owns an approximate 35% interest in Orford Mining Corporation, a
mineral explorer focused on highly prospective and underexplored
areas of Northern Quebec. RNC has
a strong management team and Board with over 100 years of mining
experience. RNC's common shares trade on the TSX under the symbol
RNX. RNC shares also trade on the OTCQX market under the symbol
RNKLF.
Cautionary Statement Concerning Forward-Looking
Statements
This news release contains "forward-looking information"
including without limitation statements relating to the liquidity
and capital resources of RNC, production guidance and the potential
of the Beta Hunt and Reed mines as well as the and the potential of
the Dumont development project and Orford Mining's Qiqavik, and
West Raglan, exploration properties.
Forward-looking statements involve known and unknown risks,
uncertainties and other factors which may cause the actual results,
performance or achievements of RNC to be materially different from
any future results, performance or achievements expressed or
implied by the forward-looking statements. Factors that could
affect the outcome include, among others: future prices and the
supply of metals; the results of drilling; inability to raise the
money necessary to incur the expenditures required to retain and
advance the properties; environmental liabilities (known and
unknown); general business, economic, competitive, political and
social uncertainties; results of exploration programs; accidents,
labour disputes and other risks of the mining industry; political
instability, terrorism, insurrection or war; or delays in obtaining
governmental approvals, projected cash operating costs, failure to
obtain regulatory or shareholder approvals. For a more detailed
discussion of such risks and other factors that could cause actual
results to differ materially from those expressed or implied by
such forward-looking statements, refer to RNC's filings with
Canadian securities regulators, including the most recent Annual
Information Form, available on SEDAR at www.sedar.com.
Although RNC has attempted to identify important factors that
could cause actual actions, events or results to differ materially
from those described in forward-looking statements, there may be
other factors that cause actions, events or results to differ from
those anticipated, estimated or intended. Forward-looking
statements contained herein are made as of the date of this news
release and RNC disclaims any obligation to update any
forward-looking statements, whether as a result of new information,
future events or results or otherwise, except as required by
applicable securities laws.
SOURCE RNC Minerals