RT Minerals Corp. Announces High Grade Gold Values of up to 64.04 g/t Au from its Norwalk Property, South of Red Pine Exploration near Wawa, Ontario
RT Minerals Corp. Announces High Grade Gold Values of
up to 64.04 g/t Au from its Norwalk Property, South of
Red Pine Exploration near Wawa, Ontario
Vancouver, British Columbia--(Newsfile Corp. - August 22, 2017) - RT Minerals Corp. (TSXV: RTM) (OTC Pink: RTMFF) (the
"Company") announces the following assay results from 32 surface grab and composite samples collected from various
locations on the Company's 100% optioned Norwalk gold property, which adjoins the Red Pine Exploration Surluga deposit
property near Wawa, Ontario.
Sample
Number
Location
Type
Description of Rock
g/Mt
Au
42803
Norwalk Shaft Muck Piles ("MP")
Grab
Quartz Vein with 5 to 10%
Sulphides, mostly Arsenopyrite
51.34
42803
Norwalk Shaft MP
Grab (Check)
Quartz Vein with 5 to 10%
Sulphides, mostly Arsenopyrite
64.04
42804
Norwalk Shaft MP
Grab
Quartz Diorite with Quartz Veinlets
and 10% Sulphides
3.15
42805
Norwalk Shaft MP
Grab
Quartz Vein with Chloritic Seams
and 3 to 4% Sulphides
1.10
42806
Norwalk Shaft MP
Grab
Quartz-Feldspar Schist with Narrow
Quartz Veins, 5 to 8% Sulphides
(Arsenopyrite Needles)
2.94
42807
Norwalk Shaft MP
Grab
Sericite-Chlorite Schist, 5 to 8%
Arsenopyrite
5.97
42807
Norwalk Shaft MP
Grab (Check)
Sericite-Chlorite Schist, 5 to 8%
Arsenopyrite
6.26
42808
Norwalk Shaft MP
Grab
Quartz Vein, 3 to 4% Sulphides
(Arsenopyrite)
6.50
42808
Norwalk Shaft MP
Grab (Check)
Quartz Vein, 3 to 4% Sulphides
(Arsenopyrite)
7.09
42809
Norwalk Shaft MP
Grab
Quartz Diorite, 3 to 4% Arsenopyrite
0.38
Four further grab samples of local wall rock from the Norwalk Shaft Muck Piles returned 10 ppb to up to 350 ppb Au.
Sample
Number
Location
Type
Description of Rock
g/Mt
Au
42814
Historical Trench 100 Metres East of
Norwalk Shaft
Grab
Quartz Vein Material, 2 to 3%
Sulphides
0.55
42815
Historical Trench 100 Metres East of
Norwalk Shaft
Composite sample over 4m
2
Quartz Vein, Gossan, and Altered
Diorite, 2 to 3% Pyrite
6.39
42815
Historical Trench 100 Metres East of
Norwalk Shaft
Composite sample over 4m
2
(Check)
Quartz Vein, Gossan, and Altered
Diorite, 2 to 3% Pyrite
7.36
42825
Historical Trench 100 Metres East of
Norwalk Shaft
Grab
Quartz Vein, 30 to 40% Pyrite,
Minor Arsenopyrite
3.96
42826
Historical Trench 100 Metres East of
Norwalk Shaft
Grab
Quartz Vein with Semi Massive
Sulphides, Mainly Arsenopyrite
2.82
42828
Historical Trench 100 Metres East of
Norwalk Shaft
Grab
Sugary Quartz, 20% Semi Massive
Sulphides
3.80
42829
Historical Trench 100 Metres East of
Norwalk Shaft
Grab
Sugary Quartz with Semi Massive
Sulphides
2.65
Three further grab samples from the Norwalk Adit entrance returned 110 ppb to up to 200 ppb Au.
Seven grab samples were taken from the Gananoque Adit entrance and returned 20 ppb and up to 1.45 g/Mt Au.
Five grab samples were taken from an historic trench on the south west corner of the Norwalk Property and all were gold-bearing
and returned assays from 10 ppb up to 120 ppb Au.
Gold mineralization at Norwalk is hosted by altered diorite, gossan and quartz. Gold-bearing composite sample 42815
demonstrates that gold mineralization may occur over significant widths.
Rock samples were submitted to Swastika Laboratories Ltd. for Gold fire assay. Swastika Laboratories Ltd. is accredited
by Canadian Association for Laboratory Accreditation Inc. (CALA) and meets the requirements of ISO/IEC 17025:2005 for Gold
by Fire Assay.
Paul Antoniazzi, President of RT Minerals Corp., states,
"The Company is very encouraged with
the
widespread
grade gold
assays
obtained
from the
recent
limited
surface sampling program. In my experience, it is
significant
to have so many gold
bearing samples
from initial sampling of
several different areas of
the ~
1,000 acre property.
G
eophysical targets associated
with this mineralization will be
prioriti
z
ed and
drilled immediately."
The Company is currently completing a 31 kilometre surface geophysical surveys covering parts of the Norwalk gold property.
Upon completion of magnetic and IP (induced polarization) surveys, a drill program will be initiated to test targets. The drill
program is expected to commence in the next 2 to 3 weeks. Details of the drill program will be announced when drill mobilization
occurs.
BALLARD LAKE DIAMOND AND GOLD PROPERTY, ONTARIO
RT Mineral Corp. owns a 100% interest in the 366 square kilometre (~141 square mile) Ballard Lake Diamond and Gold
property located near Wawa, Ontario.
The Company is in the process of developing drill targets for testing this summer. As part of this work, the Company has been
considering equity or joint venture financing for the first phase of work on the Ballard Lake property.
Mr. Kevin Kivi, P.Geo. is Qualified Person for RT Minerals Corp.
Mr. Kivi met with field personnel in Wawa, reviewed field notes
and assay certificates, and approves the technical content of this news release.
ABOUT RT MINERALS CORP.
RT Minerals Corp. is a junior resource company engaged in the acquisition, exploration and evaluation of primarily gold and
diamond properties in Canada. The Company's common shares are listed on the TSX Venture Exchange under the symbol
"RTM" and on the OTC Pink Market under the symbol "RTMFF" with DTC eligibility for trading in the United States.
For more information on the Company and its properties, please visit the Company's website at
www.rtmcorp.com
.
FOR FURTHER INFORMATION CONTACT:
Paul Antoniazzi
President and Chief Executive Officer
RT Minerals Corp.
Telephone: 604-681-3170
Fax: 604-681-3552
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 Company's 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 management's 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.