TORONTO, Nov. 25, 2011 /PRNewswire/ -- Ring of Fire
Resources Inc. (the "Company" or "ROF") (TSX-V:ROF,
FRANKFURT: RG5, OTC.PK:HWKPF) is
pleased to announce that it has acquired by staking an additional
448 contiguous new mineral claims (approximately 17,920 acres
[approximately 7,252 hectares]) in Bradburn and Calder Townships,
over what the Company believes to be is the potential faulted
extension of its Kingsmill nickel target on Block A, Project 81,
Timmins Area, Northern Ontario.
Block A of Project 81:
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The Company is also pleased to announce the start of a 6,500
line kilometres Airborne EM, Mag, VLF and Radiometrics Survey over
a major part of the Project 81 area. The survey will include the
Kingsmill Nickel target and the Lucas Gold target on a priority
basis (previously announced on November 15,
2011).
About Project 81:
Project 81 is a 67,953 hectare patented land package divided
into 2 blocks. The patents include surface, mineral and timber
rights, and hosts a number of mineralized zones on which historical
exploration work has identified nickel and gold mineralization from
work carried out in the 1960's and 1970's (these sample results are
historical and non NI 43-101 compliant). In addition, the
holdings include a significant timber resource.
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.
Michael Newbury, P. Eng (ON),
a "qualified person" as such term is defined by National Instrument
43-101 and a director of ROF has verified the data disclosed in
this news release, and has otherwise reviewed and approved the
technical information in this news release on behalf of
ROF.
More detailed information on the Company 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:
Ring of Fire Resources Inc.
H. Vance White, President
Phone: 416-214-2250
Fax: 416-367-1954
Corinna de Beer, Investor
Relations
Phone: 416-792-0343
eMail: ir@ringoffireresources.com
SOURCE Ring of Fire Resources Inc.