Exploration Permit FOR the Mabilo Project Renewed IN the NAME of MT. Labo Exploration and Development Corporation FOR a Further TWO Years Announcement to the Toronto Stock Exchange and Australian Securities Exchange
EXPLORATION PERMIT FOR THE MABILO PROJECT
RENEWED IN THE NAME OF MT. LABO EXPLORATION AND DEVELOPMENT
CORPORATION FOR A FURTHER TWO YEARS
ANNOUNCEMENT TO THE TORONTO STOCK EXCHANGE
AND AUSTRALIAN SECURITIES EXCHANGE
12 OCTOBER 2018
The Board of RTG Mining Inc. (“ RTG”, the “Company”) ( ASX:RTG, TSX:RTG,
OTCQB:RTGGF) is pleased to announce that Mt. Labo Exploration and Development
Corporation (“Mt. Labo”) has successfully secured a second renewal of EP-014-2013-V
(“EL”) for a further 2 year period. Mt. Labo would like to thank the Mines and
Geosciences Bureau (“MGB”) for their timely renewal of the EL and will continue to
work with the MGB and Department of Environment and Natural Resources to finalise
permitting for commencement of the Mabilo Project. This is further evidence of the
progress being made in the Philippines towards the objective of the normalisation of
permitting for mineral projects held by responsible miners who adhere to world’s best
practices in respect of environmental management.
ABOUT RTG MINING INC
RTG Mining Inc. is a mining and exploration company listed on the main board of the
Toronto Stock Exchange and Australian Securities Exchange Limited. RTG is focused
on a proposal with a landowner lead consortium to secure an exploration licence at the
high tonnage copper -gold Panguna Project in Bougainville PNG and the high grade
copper/gold/magnetite Mabilo Project in the Philippines, while also identifying major new
projects which will allow the Company to move quickly and safely to production.
RTG has an experienced management team which has to date developed seven mines
in five different countries, including being responsible for the development of the
Masbate Gold Mine in the Philippines through CGA Mining Limited, and has B2Gold as
one of its major shareholders in the Company. B2Gold is a member of both the
S&P/TSX Global Gold and Global Mining Indices.
ENQUIRIES
Australian Contact US Contact
President & CEO – Justine Magee Investor Relations – Jaime Wells
Tel: +61 8 6489 2900 +1 970 640 0611
Fax: +61 8 6489 2920
Email: [email protected] [email protected]
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CAUTIONARY NOTE STATEMENT
This announcement includes certain “forward -looking statements” within the meaning of
Canadian and applicable securities legislation. Statement regarding interpretation of
exploration results, plans for further exploration and accuracy of mineral resource and
mineral reserve estimates and related as sumptions and inherent operating risks, are
forward-looking statements. Forward -looking statements involve various risks and
uncertainties and are based on certain factors and assumptions. There can be no
assurance that such statements will prove to be acc urate, and actual results and future
events could differ materially from those anticipated in such statements. Important
factors that could cause actual results to differ materially from RTG’s expectations
include uncertainties related to fluctuations in g old and other commodity prices and
currency exchange rates; uncertainties relating to interpretation of drill results and the
geology, continuity and grade of mineral deposits; uncertainty of estimates of capital
and operating costs, recovery rates, produc tion estimates and estimated economic
return; the need for cooperation of government agencies in the development of RTG’s
mineral projects; the need to obtain additional financing to develop RTG’s mineral
projects; the possibility of delay in development p rograms or in construction projects
and uncertainty of meeting anticipated program milestones for RTG’s mineral projects
and other risks and uncertainties disclosed under the heading “Risk Factors” in RTG’s
Annual Information Form for the year ended 31 December 2017 filed with the Canadian
securities regulatory authorities on the SEDAR website at sedar.com. The forward ‐
looking statements made in this announcement relate only to events as of the date on
which the statements are made. RTG will not release publicly any revisions or updates
to these forward ‐looking statements to reflect events, circumstances or unanticipated
events occurring after the date of this announcement except as required by law or by
any appropriate regulatory authority.
US SECURITIES LAWS
This news release shall not constitute an offer to sell or a solicitation of an offer to buy
any of the Company’s securities in the United States. The securities have not been and
will not be registered under the United States Securities Act of 1933, as amended (the
“U.S. Securities Act”), or any state securities laws, and accordingly, may not be offered
or sold within the United States except in compliance with the registration requirements
of the U.S. Securities Act and applicable state securit ies requirements or pursuant to
exemptions therefrom.