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RT Minerals Corp. Reports on Drilling, Power Stripping and Prospecting at Norwalk Property Wawa, Ontario and Second Close of Financing
Vancouver, British Columbia--(Newsfile Corp. - October 19, 2017) - RT Minerals Corp. (TSXV: RT...
About this update from Rt Minerals Corp.
[{"type":"text","content":"RT Minerals Corp. Reports on Drilling, Power Stripping and Prospecting at Norwalk Property Wawa, Ontario and Second Close of FinancingVancouver, British Columbia--(Newsfile Corp. - October 19, 2017) - RT Minerals Corp. (TSXV: RTM) (OTC Pink: RTMFF) (the \"Company\") announces that further to its news release of September 7, 2017, it has completed ten (10) shallow NQ core drill holes (807 metres), power stripping, prospecting, geological mapping, and sampling of geophysical targets and historical gold showings on the Company's 100% optioned Norwalk gold property. Norwalk adjoins the southern boundary of Red Pine Explorations Inc. (\"Red Pine\") Wawa gold property.The Company is exploring for groups of close-spaced significant gold-bearing structures and areas of near-surface gold-bearing disseminated sulphides targeting a large orogenic gold deposit. Norwalk and Gananoque are two gold-bearing areas located about 1,600 metres from one another, with groups of historical gold occurrences that align in 800 to 1,200 metre zones that may be related to regional structures. The Company has not yet conducted enough work to establish the relationship between historical gold occurrences.Area L1250-615N located in the south-central part of the Norwalk property has been drilled, mechanically stripped, power washed, mapped and sampled during the current program. Surface assays confirm significant gold mineralization with free gold in a 1 to 2 metre thick chloritic shear zone with quartz-carbonate-tourmaline veins that is exposed for some 20 metre strike length in a surface-stripped area. Grab sample 582567 (UTM 667720E 5310414N) returned 4.49 g Au/Mt, and 669.55 g Au/Mt (check), and sample 582516 (same location) returned 61.39 g Au/Mt.This gold-bearing structure was tested by drill holes N17-08, N17-09 and N17-10. While most samples are still in cue for assaying, drill hole N17-09 (UTM 667712E 5310420N, Azimuth 120°, Dip -45°) returned 200 ppb Au from 8.0 to 9.0 metres. This gold-bearing intercept demonstrates that gold bearing structures on surface continue with depth.Highly variable gold results present from surface samples and drill core sampling at Area L1250-615N suggest nugget effect gold assays, when a gold assay does not precisely measure the gold content of the entire sample tested due to non-uniform distribution of high-gra...