RT Minerals Corp.: RT Minerals Corp. Commences Field Work on the Golden Property Adjoining West Timmins Mining and Lakeshore Go
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 8, 2009) - RT Minerals Corp. (the "Company") (CNSX:RTM) announces that it has commenced field work on its Golden Property near Timmins, Ontario.
An excavator is onsite and a trenching and prospecting program has started on the approximately 4km by approximately 6km property.
A field crew is prospecting and evaluating historical trenches on the east side of the property where assays from grab samples from trench material yielded past values of up to 0.32 opt Au and historic drilling by Keefer Lake Resources intersected 7 g/t Au over 0.60m. Follow up prospecting and sampling is also planned on the western side of the property where historic values from grab samples assayed up to 15.6 g/t Au (0.50 opt Au).
The Destor Porcupine fault system traverses the entire property and will also be evaluated.
Follow up line cutting and a geophysical program will commence upon completion of the trenching and prospecting programs.
The Qualified Person for the Golden Property is Mr. Robert Laakso, P.Eng., and he has reviewed the contents of this release.
Disclaimer: Some of the statements contained herein may be forward looking statements which involve known and unknown risks and uncertainties. Without limitation, statements regarding potential mineralization, resources, exploration results, future plans and objectives are forward looking statements that involve various degrees of risk. The following are important factors that could cause the Company's actual results to differ from those expressed or implied by such forward looking statements: changes in the world price of mineral commodities, market conditions, risks inherent in mineral exploration, development, construction, mining, profitability and the uncertainty of access to additional operating and exploration capital. We seek safe harbor.
Shares Issued: 16,425,000
Stock Options: NIL
Warrants: 6,525,000 wt. avg. $0.06
Restricted shares: 8,260,000