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Further high grade intercepts in the North Mineralised Zone of the Mabilo Project including 54.10m at 3.39% Cu and 2.30g/t Au and demonstrated potential for extentions to the North
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About this update from Rtg Mining, Inc.
[{"type":"text","content":"\n\n\n\n\n/NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/\n\nANNOUNCEMENT TO THE TORONTO STOCK EXCHANGEAND AUSTRALIAN SECURITIES EXCHANGE\n\n\n\n\nSUBIACO, Western Australia, Aug. 17, 2015 /CNW/ - The Board of RTG Mining Inc. (\"RTG\", \"the Company\") (TSX Code: RTG, ASX Code: RTG) is pleased to announce significant high grade gold and copper intercepts in the North Mineralized Zone of the Mabilo Project in the Philippines.\n\nDrilling on the North Mineralised Zone commenced in June with initial drill holes designed to support the revised geological interpretation. Subsequent drilling on regularised sections has continued to return excellent results with the new interpretation in agreement with historically drilled oblique and off section initial exploration drilling phases.   \n\nThe intercepts returned from a number of drill hole has identified multiple high grade zones within magnetite and an oxide zone extending down to interface with karstic marble and limestone. Drill hole MDH-111 which is incomplete, has been partially assayed returned 54.10m at 3.39% Cu and 2.30g/t Au and remains within mineralised magnetite.   \n\nThe current resource remains open down dip, down plunge and along strike in multiple directions, with all mineralisation found to date being shallow enough to be amenable to open pit mining techniques.\n\nHighlights of the drilling program include – \n\n\nMDH-105 drilled on the Southern most section on the North Mineralised Zone has successfully determined the down dip continuation of the new interpretation*.  \n \n\n23.15m at 2.33% Cu and 1.71g/t Au and 21.46g/t Ag from 111.55 meters downhole. \n\n\nMDH-106 drilled through the central part of the magnetic model intersected a wide interval of magnetite skarn*.  \n \n\n57.70m 1.93% Cu and 1.91g/t Au and 11.67g/t Ag from 71.00 meters downhole.\n\n\nMDH-107 drilled on the same section as MDH-105 intersected a wide interval of magnetite skarn*. \n \n\n38.70m at 2.28g/t Au and 2.25% Cu from 82.40 meters downhole.\n\n\nMDH-111 is the Northern most drill hole drilled to date on the North Body with mineralisation strike remaining open in a Northerly direction*.\n \n\n54.10m and 3.39% Cu and 2.30g/t Au and 14.64g/t Ag meters downhole. \n\nABOUT MABILO\n\n...