Business
Ramp Metals Announces Receipt of Exploration Permit and Commencement of 2024/25 Gold Exploration Campaign
Vancouver, British Columbia--(Newsfile Corp. - October 3, 2024) - Ramp Metals Inc. (TSXV: RAMP) (...
About this update from Ramp Metals Inc
[{"type":"text","content":"Ramp Metals Announces Receipt of Exploration Permit and Commencement of 2024/25 Gold Exploration CampaignVancouver, British Columbia--(Newsfile Corp. - October 3, 2024) - Ramp Metals Inc. (TSXV: RAMP) (\"Ramp Metals\" or the \"Company\") is pleased to announce the receipt of necessary permits to continue exploration at the Company's Rottenstone SW project. The Company will focus on its Ranger target where 73.55 g/t Au over 7.5m was discovered. Mobilization of the field crew for the mapping and sampling program will occur on October 7, 2024. \"The Ramp Metals team hit a world class gold intercept after only one exploration season on site. Historically, the Rottenstone SW property has not been explored in detail. Saskatchewan is very underexplored in general, which shows the potential for a new gold district. The team will use the data from this mapping and sampling program to help prioritize areas for drill targeting,\" commented Jordan Black, CEO and Director of Ramp Metals Inc.Figure 1: Area of Focus for the Sampling and Mapping ProgramTo view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/8725/225441_42fbd23f34d0dab5_001full.jpgThe goals of this program will be to attempt to find and trace the mineralized high-grade Quartz-Diorite at surface, and to follow up on the two samples (5.11 g/t and 1.09 g/t) from October 2023 which were found in a more mafic rock package. Due to the presence of mineralization in two different rock packages, multiple samples will be taken from all lithologies encountered during the program. This has the potential to highlight more packages of interest and generate additional drill targets. Mapping and sampling of the surface bedrock units is critical to build a database of information essential for modeling important units and targeting mineralization accurately for the upcoming drill program. The Ranger target has bedrock exposed at surface; therefore, the focus will be on collecting rock samples and mapping of bedrock. In lower lying areas of interest, where cover is thick and no outcrop is visible, soil samples will be taken. The lower priority zones in Figure 1 are targets generated from our 2023 EM and Magnetic geophysical survey and will be visited if time allows. Bedrock exposure around the Rogue target is minimal and covered by 1-10m of overburden.The C...