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Rainy Mountain Royalty Corp.: Winter Exploration Program to Commence on the Brunswick Gold Property, Ontario
West Vancouver, British Columbia--(Newsfile Corp. - November 30, 2017) - Rainy Mountain Royalt...
About this update from Rainy Mountain Royalty Corp
[{"type":"text","content":"Rainy Mountain Royalty Corp.: Winter Exploration Program to Commence on the Brunswick Gold Property, OntarioWest Vancouver, British Columbia--(Newsfile Corp. - November 30, 2017) - Rainy Mountain Royalty Corp. (TSXV: RMO) (the \"Company\" or \"Rainy Mountain\") announces that, with funds previously raised, the Company intends to begin a winter exploration program on the east side of its optioned gold exploration property (the \"Brunswick Property\" or \"Property\") located in Brunswick Twp., Ontario. The initial phase of the exploration program will include a 20 to 22 km induced polarization (\"IP\") grid covering the remaining 1.6 to 1.8 km portion of the east side of the Property not already surveyed. These lines will be completed in an effort to trace the extension of the original gold zone and host shear structure, as well as four other IP trends already known. The IP grid is expected to be completed in the month of December, 2017 and, upon completion of the Company's more recently announced financing (see news release dated November 7, 2017), the Company intends to follow up with a drill program (planned for January 2018). This drill program is intended to begin testing existing IP anomalies and shears exposed by trenching completed by the Company in August 2017 (see the Company's news release of September 12, 2017 for additional details). As previously indicated, anomalous gold values were obtained along these shears in soil and in bedrock corresponding to the shears. High arsenic pathfinders were also seen in one particular shear extending from drill hole BE17-04, and as a result, step out drill holes are planned (see the Company's news release of October 12, 2017 for additional information).The next phase of the exploration program is expected to include an additional 26 km grid on the west side of the Property, which will be surveyed with IP. Following the IP survey, a drill program is planned to continue testing the remaining IP anomalies and showings on the east side of the Property, before moving to test an IP trend adjacent to highly anomalous gold values (6.6 gm, 4.05gm, 2.58 gm) found along a 900m IP trend on the west side of the Property (see the Company's news releases of July 12, 17 and August 23, 2017 for additional information). The Brunswick Property covers a full 6 miles (9.6 km) of a set of shear zones tha...