TORONTO, March 5, 2012 /PRNewswire/ -- Ring of Fire
Resources Inc. (the "Company") (TSX-V: ROF, FRANKFURT: RG5, OTC.PK: HWKPF) is pleased to
announce additional results from its current drilling program have
confirmed that the width in the western part of the Kingsmill
Nickel Body is approximately 400m.
Investors are reminded that effective Wednesday, March 7, 2012, the Company's name and
trading symbol on the TSX Venture Exchange will change to "Noble
Mineral Exploration Inc. (TSX.V: NOB).
Drill holes KML 12-03 and KML 12-04 were designed
to establish the orientation and attitude of north and south
contacts respectively of the mineralized Nickel Body. Both KML
12-03 and KML 12-04 were drilled at an Azimuth 30 degrees and a dip
of -45 degrees. KML 12-03 was collared in the Serpentinized
Peridotite, with only 14.0m of overburden and intersected the north
contact at 264.4m downhole. KML 12-04 was collared outside of the
mineralized body and intersected the south contact of the
Mineralized Serpentinized Peridotite at 314.0m and was terminated
in mineralization at 428.2m. (See Figure 1; Preliminary Assay
results of KML 12-03 and KML 12-04 are tabulated in Tables 1 &
2.)
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Drill Holes KML 12-03 and 04 were drilled within a large
magnetic anomaly (see release of Feb
6, Feb 21, & Feb 28, 2012) confirming geology and
mineralization from previously released historical drilling
results.
Drilling continues to test the eastern extension of this anomaly
with a suite of 5 holes being drilled on an 1,800 metre step-out on
which assays results are pending.
Nickel results released are preliminary Aqua Regia-ICP (1E3-ICP)
and a 4-acid Total Digestion TD-ICP (1F2-ICP) analysis done by
Activation Laboratories Inc. (Actlabs). Samples are prepared at
Actlabs in Timmins (ISO 9001
accredited) and shipped to Thunder
Bay or Ancaster (ISO 17025
accredited) for specific analysis.The company has also requested a
Code 8-AR wet chemistry assay quality analysis for Nickel on all
samples greater than 0.25% Ni.
Aqua Regia (AR–ICP) analysis is designed to dissolve all
non-silicate Ni minerals, while the 4-acid Total Digestion (TD-ICP)
analysis is designed to dissolve both sulphide and silicate Ni
minerals.
QA/QC Protocol:
ROF has implemented a quality-control, quality assurance program
to ensure best practice principals are being applied in the
sampling and analysis of the drill core. NQ size drill core is
delivered, logged, tagged and saw cut in a secure facility in
Timmins, and half the drill core
is sampled in standard intervals. The remaining half of the
core is stored in a secure location. The drill core is
transported in batches in sealed bags to the Actlabs prep lab in
Timmins, Ontario by ROF
personnel. Actlabs is an ISO/IEC 17025 certified Laboratory by
the Standards Council of Canada. In addition to quality
assurance controls at the laboratory, blanks, and certified
standards are been inserted into the sample stream at random
intervals. ROF also request a pulp split of a specific sample
within the sample steam at random.
About Project 81:
Project 81 is a 72,218 hectare patented, staked and acquired
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 1960s and
1970s, some of which have been previously announced.
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About Ring of Fire Resources Inc.:
Ring of Fire Resources Inc. is a Canadian based junior
exploration company holding in excess of 72,000 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 in 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. On
site core logging and sampling is being executed by Howard Lahti
Phd, P.Geo (NB), under the supervision of Randy Singh P.Geo (ON), P.Eng (ON) –VP -
Exploration and Project Development.
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:
Ring of Fire Resources Inc.
H. Vance White, President
Phone: 416-214-2250
Fax: 416-367-1954
eMail: info@ringoffireresources.com or
info@noblemineralexploration.com
Corinna de Beer, Investor
Relations
Phone: 416-792-0343
eMail: ir@ringoffireresources.com or
ir@noblemineralexploration.com
SOURCE Ring of Fire Resources Inc.