Rt Minerals Corp. Files Ni 43-101 Technical Report ON Norwalk GOLD Property, Wawa, Ontario and Announces Surface Geophysics Program
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NEWS RELEASE
RT MINERALS CORP. FILES NI 43-101 TECHNICAL REPORT ON NORWALK GOLD PROPERTY, WAWA,
ONTARIO AND ANNOUNCES SURFACE GEOPHYSICS PROGRAM
Vancouver, B.C. – May 8, 2017 ‐ RT Minerals Corp. (TSX.V: RTM) (the “Company”) announces that the
Company has filed a NI 43-101 Technical Report on SEDAR for the 100% optioned Norwalk Gold Property
(the “Property”) located near Wawa, Ontario.
Several historical mineralized gold occurrences are present on the Norwalk Property including the
Norwalk Gold Mine (Au), the Fred C Shaft (Au), the Gananoque Vein (Au), and the Barton Occurrence (Au,
Fe).
Historical production occurred at the Norwalk Gold Mine in 1904 and 1910, where 60 ounces of gold was
recovered from 820 tons milled (Fergusen, Groens, and Haynes 1971). There are no mineral resources or
mineral reserves within the Norwalk Property boundaries.
RT Minerals Corp. ’s Norwalk property is adjacent and contiguous to the southern border of Red Pine
Exploration Inc.’s (“Red Pine”) Surluga Property which hosts the “Surluga Deposit” with a 43-101 inferred
resource of 1,088,000 ounces of gold at 1.71 g/t grams per tonne using a 0.50 g/t gold cut -off grade,
contained in 19.82 million tonnes open along strike and at depth.
Recent drilling conducted by Red Pine 3,000 metres south of the Surluga Deposit and 1,500 metres north
of RT Minerals Corp.’s Norwalk Property, includes significant gold mineralization in at least 5 drill holes,
which have yielded up to 57 g/t Au over 3.1 metres. Gold mineralization on Red Pine’s Surluga Property
does not indicate similar mineralization is present on RTM’s Norwalk Property.
A 5 kilometre corridor of past producing gold mines, gold bearing structures and gold occurrences align
south from Wawa Lake, through Red Pine’s Surluga Property and includes some 1,800 metres of RT
Minerals Corp.’s Norwalk Property where several historical gold occurrences are known.
Gold mineralization is spatially associated with the major shear zones on the Norwalk Property. Gold is
present in quartz veins, lenses and pods within shear and breccia zones of various rock types.
Recrystallized quartz and minor amounts of sulfide minerals (pyrite, arsenopyrite, chalcopyrite) are
present in gold zones, along with strong silicification of adjacent host rocks.
The Norwalk property is only 3.2 kilometres by road from Trans-Canada Highway 17, and is located about
7 kilometres south of the Town of Wawa , which has skilled labour t o support mineral exploration and
mining. Wawa also has a Municipal Airport.
Exploration will target auriferous Greenstone-Hosted Quartz-Carbonate Vein Deposits. Line cutting and
ground geophysics has commenced which will determine if historical gold mineralization is related to
geophysical trends which may expand exploration potential to other parts of the Norwalk Property.
This surface exploration program will be followed by a diamond drilling program of about 1 ,000 metres
to test current gold showings , high interest geophysical anomalies, and prospecting targets. A total
budget of CDN $240,000 is recommended to carry out the entire Phase One program.
Mr. Kevin Kivi, P.Geo. is a qualified person and approves the technical content of this press 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” (OTC Pink Sheets “RTMFF”). The Company’s principal mineral
properties in Canada include the 100% owned Ballard Lake gold and diamond property; the 100%
optioned Norwalk gold property; and the 100% optioned Dill River gold property, all located near Wawa,
Ontario.
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 unan ticipated 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.