$RTMFF / RTM.v RT Minerals Corp.

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  1. CdnxTracker

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    RT Minerals finishes drill program at Ballard Lake

    2016-10-19 06:30 ET - News Release


    Mr. Paul Antoniazzi reports

    RT MINERALS CORP. UPDATES BALLARD LAKE DRILLING AND APPOINTS KEVIN KIVI, P.GEO. AS QUALIFIED PERSON

    RT Minerals Corp. has completed its core drilling program at Ballard Lake. The company completed three NQ core holes that totalled 435 metres.

    The first two holes intersected mineralization and alteration similar to gold-bearing structures mapped on surface. The Ballard shear zone gold target includes an alteration halo with coarse pyrite and quartz tourmaline veins in mafic schist, pillow basalt and gabbro host rocks. Several alkaline ultramafic dikes cut the Ballard shear zone in core and on surface, and will undergo petrology for classification. The third core hole intersected Ballard Lake stock and failed to intersect significant alteration or mineralization.

    The company collected 153 samples of split core that were submitted to Swastika Laboratories Ltd. for gold fire assay and 30-element ICP analysis. Swastika Laboratories is accredited by the Canadian Association for Laboratory Accreditation Inc. (CALA) and meets the requirements of ISO/IEC 17025:2005 for gold by fire assay.

    The company is pleased to appoint Kevin Kivi, PGeo, as qualified person for the Ballard Lake project. Mr. Kivi has 33 years of mineral exploration experience in search of diamonds, base and precious metals worldwide. He worked on Rio Tinto's Canadian diamond team at Lac de Gras from 1993 until the Diavik discovery, and then built and managed the company's diamond laboratory in Thunder Bay. Mr. Kivi became a consultant in 2004 exploring for diamonds, base and precious metals for major, junior and private companies. Mr. Kivi is president of KIVI Geoscience Inc. and Orebot Inc.

    Mr. Kivi reviewed Ballard Lake drill core, quality assurance/quality control sampling and chain-of-custody protocols, and approves the technical content of this press release.

    We seek Safe Harbor.

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