- RT Minerals Corp. (RTM) starts drilling at Link-Catharine Gold Property, Kirkland Lake, Ontario and updates drill hole CA-21-01
- The first phase of drill-bit exploration for 2021 consists of a proposed seven-hole drill program
- The first drill hole, CA-21-01, is now at 225m and testing an anomaly outlined by a 3D Distributed Array IP geophysical survey
- None of the above Q4 2020 drill program holes tested the anomalies subsequently identified during the January 2021 geophysical program
- RT Minerals Corp. (RTM) is in the grey and is trading at C$0.10 at 11:40 am ET
RT Minerals Corp. (RTM) starts drilling at RTM’s Link-Catharine Gold Property.
The first phase of drill-bit exploration for 2021 consists of a proposed seven-hole drill program.
The first drill hole, CA-21-01, is now at 225m and testing an anomaly outlined by a 3D Distributed Array IP geophysical survey completed for RT Minerals in January 2021.
Due to the favourable host unit and the presence of quartz with 3 per cent to 5 per cent sulphides over this 45m interval, Hole CA-21-01 is continuing to drill to depth.
The above sections of drill core stratigraphically aligns with the geophysical IP target (Target “A”) delineated by the Link-Catharine 3D IP Survey.
The current drill program is designed, in part, to follow up on a significant gold discovery of three separate sub-parallel / en-echelon gold sections encountered and disclosed by RTM during RT Minerals drill program in the fourth quarter of 2020.
The Q4 2020 drilling encountered intermittent gold mineralization within an area approximately 130m west to east, 100m north to south and to a depth of 140m.
Importantly, the potential for further mineralization is open in all directions.
The current drill program and/or follow-on phases may also test additional targets on the Link-Catharine Gold Project, as delineated by RTM subsequent to the fourth quarter.
Highlights of the Q4 2020 drill program consisted of near-surface gold intercepts of up to 8m of 9.43 g/t Au (CA 20-01), 1.0 m of 3.07 g/t Au (CA 20-02), 0.49 m of 7.43 g/t Au (CA 20-03), 0.05m of 6.56 g/t Au (CA 20-04), 6.9m of 2.25 g/t Au (CA 20-05).
The above noted higher-grade intervals were contained within areas of intermittent gold mineralization over 35m to 54m intervals.
None of the above Q4 2020 drill program holes tested the anomalies subsequently identified during the January 2021 geophysical program, and drill hole CA-21-01 is now testing one such newly-identified IP anomaly.
The drill core observed today in the 13m section and the 45m section of current hole CA-21-01 is similar to the green carbonate host unit with quartz veining and sulphides observed in CA-20-01 drilled in Q4 2020.
RT Minerals Corp. is a junior exploration company listed on the TSX Venture Exchange.
RT Minerals Corp. (RTM) is in the grey and is trading at C$0.10 at 11:40 am ET.