RTG Announces Further High Grade Intercepts and Extensions to Known Mineralisation at the Mabilo Project

About this update from Rtg Mining, Inc.

[{"type":"text","content":"\n\n\n\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 EXCHANGE AND AUSTRALIAN SECURITIES EXCHANGE\n\n\n\n\nPERTH, Western Australia, Aug. 14, 2014 /CNW/ - The Board of RTG Mining Inc. (\"RTG\", \"the Company\") (TSX Code: RTG, ASX Code: RTG) is pleased to announce further high grade copper, gold and iron intercepts in both the North and South Mineralized Zones at the Mabilo Project in the Philippines.\n\nDrilling targeted at extending the South Mineralised zone to the North, has intersected high grade supergene copper mineralisation. With a total down hole intercept of 64.20 meters for 7.91% Copper and 2.96 g/t Gold, the hole is the best down hole intercept drilled at the Mabilo project to-date. \n\nContinuing diamond drilling on two sections has confirmed the down dip extension of the South Mineralised Zone with further high grade intercepts, the system remains open at depth and to the South. \n\nHighlights of the ongoing drilling program include – \n\n\nMDH-060 intersected magnetite skarn from 193 meters to 235 meters. Magnetite skarn is partly brecciated with silica-pyrite overprinting. The high grade interval is characterised by well-developed chalcopyrite with coarse grained intergrowths with magnetite and fine grained disseminated chalcopyrite. 16 meters at 2.84 g/t Au, 3.04% Cu and 45.89% FeApproximately 9.0 g/t Au equivalent\nMDH-065 intersected magnetite skarn from 175 meters to 217 meters. The magnetite skarn is similar in style to MDH-060, brecciated with silica pyrite overprinting. Chalcopyrite occurs as disseminations within magnetite clasts and as coarse grained chalcopyrite intergrowths with magnetite.20 meters at 1.96 g/t Au, 2.84% Cu and 43.24% FeApproximately 7.8g/t Au equivalent \nMDH-066 intersected high grade supergene copper dominated by massive chalcocite and capped with an oxide copper zone with instances of native copper. Down hole supergene was intercepted from 48.20 meters to 89.50 meters with a zone of primary magnetite from 89.50 meters to 92.05 meters. 64 meters at 2.96 g/t Au, 7.91% Cu and 44.57% Fe Approximately 17.3 g/t Au equivalent\n\n\n\nGold equivalent calculations are based on US$1300/ oz Au, US$7000/t Cu and US$100/ t iron.\n\n\n\n\nABOUT MABILO\n\n\n\n\nThe Mabilo Project is loca...

More updates from Rtg Mining, Inc.