TORONTO, Nov. 15, 2011 /PRNewswire/ -- Ring of Fire
Resources Inc. (the "Company" or "ROF") (TSX-V: ROF,
FRANKFURT: RG5, OTC.PK: HWKPF)
announces the mobilization and commencement of approximately 6,400
line kilometres of Helicopter Airborne EM and Mag Survey over parts
of its Project 81, Timmins Area,
Northern Ontario.
Triumph Surveys Inc. of Rockwood, Ontario has been contracted to fly
the survey, which is estimated to take approximately 37 days. This
survey will be under the direct supervision of Steve Balch (BSc Applied Geophysics), who has
been retained to conduct and interpret this airborne survey for the
Company. The company will focus on a priority basis on the
following:
- The Lucas Primary Gold Target using a gradiometer magnetic, VLF
and radiometric survey system configuration.
- The Kingsmill Primary Nickel Target using the ATEM 800 Time
Domain EM system developed by Aerodat Corporation and a GEM System
Magnetic unit.
About Project 81
Project 81 is a 60,701 hectare patented land package divided
into 2 blocks. The patents include surface, mineral and timber
rights, and host a significant timber resource plus a number of
zones that have historical exploration identifying nickel and gold
mineralization (these sample results are historical and non 43-101
compliant) from work carried out in the 1960's and 1970's
some of which have been previously announced.
About Ring of Fire Resources Inc.:
Ring of Fire Resources Inc. is a Canadian based junior
exploration company holding in excess of 60,000 hectares of
property in the Timmins,
Iroquois Falls and Smooth Rock Falls areas of Northern Ontario, upon which it plans to
develop and implement an exploration program for the balance of
2011 and 2012. It also holds a portfolio of diversified
exploration projects at various stages of exploration and drilling
for Vanadium/Nickel/Copper/Chromium/PGM in the 'Ring of Fire'
McFauld's Lake Area of Northern
Ontario, Gold in the Wawa
area of Northern Ontario, and
Uranium in Northern
Saskatchewan.
More detailed information is available on the website at
www.ringoffireresources.com
Cautionary Statement:
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release. No stock exchange, securities
commission or other regulatory authority has approved or
disapproved the information contained herein.
The foregoing information may contain forward-looking statements
relating to the future performance of Ring of Fire Resources Inc.
Forward-looking statements, specifically those concerning future
performance, are subject to certain risks and uncertainties, and
actual results may differ materially from the Company's plans and
expectations. These plans, expectations, risks and uncertainties
are detailed herein and from time to time in the filings made by
the Company with the TSX Venture Exchange and securities
regulators. Ring of Fire Resources Inc. does not assume any
obligation to update or revise its forward-looking statements,
whether as a result of new information, future events or
otherwise.
Contacts:
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Ring of Fire Resources
Inc.
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H. Vance White,
President
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Corinna de Beer, Investor
Relations
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Phone: 416-214-2250
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Phone:
416-792-0343
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Fax:
416-367-1954
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eMail:
ir@ringoffireresources.com
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SOURCE Ring of Fire Resources Inc.