Date: November 22, 2016

RT Minerals Corp. (TSX.V: RTM)

TSX.V: RTM RT Minerals Corp. (TSX.V: RTM), High Grade Gold Norwalk Property, Drill Plan Ballard Lake Property

RT MINERALS CORP. ANNOUNCES HIGH GRADE GOLD ASSAYS FROM NORWALK PROPERTY

AND DRILL PLAN FOR BALLARD LAKE PROPERTY, ONTARIO

TSX.V: RTM may not be at these levels much longer.

See the Full Press Release and other stories on RT Minerals at EmergingGrowth.com

http://emerginggrowth.com/?s=tsx.v%3A+rtm

Vancouver, B.C. November 22, 2016 RT Minerals Corp. (TSX.V: RTM) (the Company) reports on surface grab sampling at the Companys 100% optioned Norwalk property and further drilling plans at the Companys 100% owned Ballard Lake Property, both near Wawa, Ontario.

NORWALK PROPERTY, ONTARIO, ASSAY RESULTS

The Norwalk property is contiguous to the south boundary of the Wawa Gold Project, held by Red Pines Inc. Initial reconnaissance prospecting and surface sampling of historical mine dumps resulted submission of nine samples to Swastika Laboratories Ltd. for Gold fire assay. Total metallic fire assay was completed on over-limit samples 42756 and 42757. Gold assays are from the Norwalk vein and Gananoque Adit vein.

Norwalk Vein

Sample Number

G/T Au

Check Assay

 

42751

0.96

n/a

Quartz, 3-10% Pyrite and Arsenopyrite

42752

5.92

n/a

Quartz, 3-10% Pyrite and Arsenopyrite

42753

7.30

n/a

Quartz, 3-10% Pyrite and Arsenopyrite

42754

6.19

n/a

Quartz, 3-10% Pyrite and Arsenopyrite

42755

0.57

n/a

Quartz, 3-10% Pyrite and Arsenopyrite

 

Gananoque Adit Vein

Sample Number

G/T Au

Check Assay

 

42756

70.00

63.80

Quartz Vein, 10% Pyrite

42757

18.14

17.35

Quartz in Rhyolite, 7-10% Pyrite

42758

1.84

n/a

Strongly Carbonate Altered Metavolcanic Rock with 1-3% Pyrite

42759

0.23

n/a

Strongly Carbonate Altered Metavolcanic Rock with 1-3% Pyrite

 

A drill program of five holes, up to 200 metres each is recommended on historical gold showings at Norwalk. A drill permit application was filed in the last 45 days and drilling will commence upon receipt of the drill permit and consultation with local First Nation communities.

BALLARD LAKE GOLD DIAMOND PROPERTY DRILL PLAN

As outlined in the Companys news release dated November 10, 2016, the Company has established potential for deep crustal or mantle tapping conduits on the Ballard Lake property, which is indicated by alkali ultramafic dikes and kimberlites on the property. The Company staked many exploration targets in the immediate area, and has increased the area of the Ballard Lake Property to 160 square kilometres (~15,970 hectares).

RT Minerals Corp.s Ballard Lake property includes two historical diamond-bearing kimberlite occurrences: GC1 (16 diamonds from 93.1 kg), and Fletch (6 diamonds from 51.48 kg). Diamond results were reported by Chalice Diamond Corp. in February 2008.

RT Minerals Corp. has commenced regional compilation and will apply for an exploration permit on the new claims with objective to drill test known diamond bearing kimberlites and other potential kimberlite targets. It is anticipated that the permit will be secured in 60 days.

The Ballard Lake property lies in the Wawa supracrustal belt of the Superior Craton, which is currently being explored by major and junior exploration companies for both gold and diamonds.

Kevin Kivi, P.Geo., has extensive experience in the exploration for gold and diamonds in Canada. He is the Qualified Person for the Companys Norwalk and Ballard Lake properties and approves the technical content of this press release.

TSX.V: RTM may not be at these levels much longer.

See the Full Press Release and other stories on RT Minerals at EmergingGrowth.com

http://emerginggrowth.com/?s=tsx.v%3A+rtm

FOR FURTHER INFORMATION CONTACT:

Paul Antoniazzi

President and Chief Executive Officer

RT Minerals Corp.

Telephone: 604-681-3170

Fax: 604-681-3552

About RT Minerals Corp

RT MINERALS CORP. (TSX.V: RTM) (RTMFF) is a junior resource company engaged in the acquisition, exploration and evaluation of primarily gold properties in Canada. The Company's common shares are listed on the TSX Venture Exchange ("TSXV") under the symbol "RTM" (OTC Pink Sheets "RTMFF"). The Companys principal mineral properties in Canada are:

  1. Ballard Lake Property - Gold property located approximately 50 kilometres northeast of Wawa, Ontario, in which the Company owns a 100% interest, subject to a 2% net smelter royalty.
  2. Norwalk Property - Gold property located approximately 5 kilometres south of Wawa, Ontario, in which the Company has an option to earn a 100% interest, subject to a 2% net smelter royalty.
  3. Dill River Property - Gold property located several kilometres southeast of Wawa, Ontario, in which the Company has an option to earn a 100% interest, subject to a 2% net smelter royalty.
  4. Golden Stock Property - Gold property located near the Cairo Township in Matachewan, Ontario, in which the Company owns a 100% interest, subject to a 2% net smelter royalty.
  5. Lac Mica Property - Lithium prospect located approximately 130 kilometres north of Montreal, Quebec, in which the Company owns a 100% interest.

 

About EmergingGrowth.com

EmergingGrowth.com is a leading independent small cap media portal with an extensive history of providing unparalleled content for the Emerging Growth markets and companies. Through its evolution, EmergingGrowth.com found a niche in identifying companies that can be overlooked by the markets due to, among other reasons, trading price or market capitalization. We look for strong management, innovation, strategy, execution, and the overall potential for long- term growth. Aside from being a trusted resource for the Emerging Growth info-seekers, we are well known for discovering undervalued companies and bringing them to the attention of the investment community. Through our parent Company, we also have the ability to facilitate road shows to present your products and services to the most influential investment banks in the space.

Neither the TSX Venture Exchange nor its Regulation Service Provider (as the term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy of accuracy of this news release.

Forward-looking Statements

Certain statements in this press release relating to the Companys exploration activities, project expenditures and business plans are approximate and are "forward-looking statements" within the meaning of securities legislation. The Company does not intend, and does not assume any obligation, to update these forward-looking statements. These forward looking statements represent managements best judgment based on current facts and assumptions that management considers reasonable, including that operating and capital plans will not be disrupted by issues such as adverse market conditions, mechanical failure, unavailability of parts, labor disturbances, interruption in transportation or utilities, or adverse weather conditions, that there are no material unanticipated variations in budgeted costs, that contractors will complete projects according to schedule, and that actual mineralization on properties may not achieve any category of resource(s). The Company makes no representation that reasonable business people in possession of the same information would reach the same conclusions. Forward looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. In particular, fluctuations in the price of gold, equity markets or in currency markets could prevent the Company from achieving its targets. Readers should not place undue reliance on forward-looking statements. There is no guarantee that drill results reported in this news release or future releases will lead to the identification of a deposit that can be mined economically, and further work is required to identify resources and reserves.  We seek safe harbour. 

All information contained herein as well as on the EmergingGrowth.com website is obtained from sources believed to be reliable but not guaranteed to be accurate or all-inclusive. All material is for informational purposes only, is only the opinion of EmergingGrowth.com and should not be construed as an offer or solicitation to buy or sell securities. The information may include certain forward-looking statements, which may be affected by unforeseen circumstances and / or certain risks.  This report is not without bias. EmergingGrowth.com has motivation by means of either self-marketing or EmergingGrowth.com has been compensated by or for a company or companies discussed in this article. Full details about which can be found in our full disclosure, which can be found here, http://www.emerginggrowth.com/disclosure-78633/ Please consult an investment professional before investing in anything viewed within. When EmergingGrowth.com is long shares it will sell those shares. In addition, please make sure you read and understand the Terms of Use, Privacy Policy and the Disclosure posted on the EmergingGrowth.com website.

CONTACT:

Company: EmergingGrowth.com - http://www.EmergingGrowth.com

Contact Email: info@EmergingGrowth.com

RT Minerals (TSXV:RTM)
Historical Stock Chart
From Feb 2024 to Mar 2024 Click Here for more RT Minerals Charts.
RT Minerals (TSXV:RTM)
Historical Stock Chart
From Mar 2023 to Mar 2024 Click Here for more RT Minerals Charts.