Rt Minerals Corp. Reports Drilling Update at the Link-Catharine Rldz GOLD Property, Kirkland Lake, Ontario
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NEWS RELEASE
RT MINERALS CORP. REPORTS DRILLING UPDATE AT THE LINK-CATHARINE RLDZ GOLD PROPERTY,
KIRKLAND LAKE, ONTARIO
Vancouver, B.C. – November 1 8, 2021 – RT Minerals Corp. (TSXV: RTM) (OTC Pink: RTMFF) (the
“Company” or “RTM”) reports that two holes have been completed and a third hole is ongoing in the
Company’s drill program at the 100% optioned Link-Catharine RLDZ property, located about twenty-five
kilometres southeast of Kirkland Lake, Ontario, that was announced on November 10, 2021.
The first two holes (DDH-06-21 and DDH-07-21) have been drilled within 50m of the Company’s November
11, 2020 discovery hole (CA -01-2020). The current first two holes have successfully tested the entire
deformation zone (Pacaud fault corridor) from what appears to be the correct azimuth to penetrate the
zone at close to true width. The November 202 0 discovery hole only tested the top 35m portion of this
entire deformation zone at an oblique angle.
The first Hole DDH-06-21 was drilled at 45 degrees for a length of 159m. The second Hole DDH-07-21 was
drilled under DDH-06-21 at 65 degrees for a total length of 258m. Both holes intersected ultramafic-Basalt
(country rock), green carbonate, a massive fault zone (gouge) and thereafter encountered altered
ultramafics, porphyry dikes, porphyry sills and a porphyry/syenite mix. These rock types carry variable
amounts of sulphides within 1m to 10m widths observed intermittently throughout the entire 70m to
90m wide deformation package. Quartz veining along with 1% to 7% disseminated and coarse pyrite with
chalcopyrite is observed within the 1m to 10m wide intervals throughout both holes.
The third hole of the program DDH-08-21 has stepped out along strike to the southwest from the first two
holes and has test the deformation zone coincident with the strongest Three -Dimensional Array IP
anomaly outlined in early 2021.
The third hole (DDH-08-21) has been completed to a total depth of 225m. This hole consisted of 60m of
overburden and 165m of the deformation zone and favourable stratigraphy. The rock types and sulphides
are generally similar to hole DDH -07-21. The fourth hole of the program DDH-09-21 will now be drilled
below DDH-08-21.
In addition, the Three -Dimensional Distributed Array IP geophysical program announced November 10,
2021 has been completed on the northern part of the Property. The interpretation of the IP geophysical
program is expected next week.
Under the current program, the Company plans to drill up to twelve diamond drill holes at an average
depth of two hundred met res per hole. Several drill holes will continue to target and delineate the
deformation zone. Additional holes will target at least one prominent and large magnetic low signature
(“magnetic destruction”) and strong VLF targets previously outlined from historical geophysical surveys.
Mr. Doug Andrews, President and CEO of the Company , states: ”I am encouraged with the first two
penetrations of the main deformation zone as well as with the speed and efficiency of the current drilling
at Link-Catharine. The discovery of mineralized syenite and porphyry assemblages within the 80m wide
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deformation zone has not been observed at this location in historical drilling. This is significant as the
assemblages represent an additional (new) thick target horizon along with the overlying
carbonate/fuschite complex.”
Qualified Person - Mr. Garry Clark, P.Geo., is the Qualified Person for RT Minerals Corp. and he has
reviewed and approved the technical content of this press release.
About RT Minerals Corp.
RT Minerals Corp. is a junior exploration company listed on the TSX Venture E xchange under the symbol
“RTM” and has 78,694,654 common shares issued and outstanding, of which 19.95 million shares are held
in escrow to be released over a three-year period ending July 14, 2024. The Company holds an option to
acquire a 100% interest in the Link-Catharine RLDZ gold property comprised of fifteen unpatented single
cell mining claims with a total area of 220 hectares in one claim block, which is contiguous to the
Company’s 100% owned 102 square kilometre Catharine claim block. These propert ies are located
twenty-two kilometres south-southeast of the town of Kirkland Lake, Ontario. The Company also holds a
100% interest in the Norwalk gold property near Wawa, Ontario.
For more information on the Company and its properties, please visit the C ompany’s website at
www.rtmcorp.com.
FOR FURTHER INFORMATION CONTACT:
Douglas J. Andrews, B.Sc., M.Sc.
President and Chief Executive Officer
Telephone: 403-200-6542
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
This news release contains certain forward -looking statements, which relate to future events or future
performance (including, but not limited to, the overall size of the Offering, the proposed use of proceeds
and the expected closing of any tranches thereof) and reflect management’s current expectations and
assumptions. Such forward -looking statements reflect management’s current beliefs and are based on
assumptions made by and information currently available to the Company. Readers are cautioned that
these forward -looking statements are neither promises nor guarantees, and are subject to risks and
uncertainties that may cause future resul ts to differ materially from those expected including, but not
limited to, market conditions, availability of financing, actual results of the Company’s exploration and
other activities, environmental risks, future metal prices, operating risks, accidents, labor issues, delays in
obtaining governmental approvals and permits, and other risks in the mining industry. All the forward -
looking statements made in this news release are qualified by these cautionary statements and those in
our continuous disclosure filings available on SEDAR at www.sedar.com. These forward -looking
statements are made as of the date hereof and the Company does not assume any obligation to update
or revise them to reflect new events or circumstances save as required by applicable law.