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Richmond Minerals Inc. - Resumption of Diamond Drilling At Ridley Lake Property
Richmond Minerals Inc. - Resumption of Diamond Drilling At Ridley Lake Property Ri...
About this update from Richmond Minerals Inc.
[{"type":"text","content":"\n\n\n\nRichmond Minerals Inc. - Resumption of Diamond Drilling At Ridley Lake Property\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nRichmond Minerals Inc. - Resumption of Diamond Drilling At Ridley Lake Property\nCanada NewsWire\nTORONTO, June 17, 2016\n\n\n\nTORONTO, June 17, 2016 /CNW/ - Richmond Minerals Inc.  (TSX-V: RMD) (\"Richmond\" or the \"Company\") is pleased to announce that Phase II diamond drilling will resume on or about July 8, 2016 at the Company's Ridley Lake Gold Project located in the west central area of the Swayze Greenstone belt approximately 35 kilometres east of Goldcorp's Borden Gold Project. \n\nPhase II of diamond drilling will be focused on targets identified within the Company's 100%-owned claims located immediately east of the Aguara gold showing. Specifically these holes will be collared to test for depth extensions to wide zones of gold mineralization intercepted in holes RMD15-14, RMD15-15, RMD15-16 and RMD15-19 during Richmond's Phase I drilling program conducted last fall.  \n\nAs reported gold-bearing intervals associated with mafic to intermediate metavolcanic units and a porphyry intrusion were encountered in all four of these Phase I holes. A review of the geological and assay data from Phase I drilling suggests that the gold-bearing zone plunges to the east, with indications of an increase of width and grade of gold mineralization with depth (0.67 g/t in hole 19 versus 0.42 g/t in hole 16 for the same vertical section). Richmond is planning to drill a minimum of 1,500 meters for this phase of diamond drilling and results will be released as they become available. \n\nThe Company also announces its annual and general meeting for fiscal year end 2015 will be held at Richmond's corporate head office located at 133 Richmond St. W, Suite 403 on August 12, 2016 at 11 am. \n\nWarren Hawkins, P.Eng, a \"Qualified Person\", within the meaning of Nation Instrument 43-101- Standards of Disclosure for Minerals Projects, has reviewed and approved the scientific and technical information contained in this news relea...