Junior resource company RT Minerals recently announced that 10 drilling holes have been completed at its Link-Catharine RLDZ property, located approximately twenty-five km southeast of Kirkland Lake, Ontario. 

Figure 1: Drill hole plan – select drill holes and intervals defining Gold Trend.

The 10 holes were drilled between depths of 157m to 363m of core length and at declinations of 55 to 70 degrees. “The holes intersected ultramafic-basalt, green carbonate, altered ultramafics, gabbro, porphyry and syenite dykes, as well as a lamprophyre dyke indicating a deep mantle genesis to the units within the SD Zone and associated igneous intrusive rocks. Gold mineralization is present at various locations in all rock types that make up the entire mafic volcanic package,” according to the press release. 

Out of the 10 drilling holes, nine holes successfully tested the width of the entire shear-deformation zone, and one hole tested a “small IP anomaly to the north of current drilling within the northwestern portion of the property.” As well, eight out of the 10 drilling holes were found to have “widespread, intermittent low- and high-grade gold mineralization.” 

President and CEO of the company Mr. Doug Andrews commented on the results, and touched on a new target that was identified, saying “In addition to the gold bearing 90m wide SD Zone which has been tested for over approximately 450m of strike length and to a core depth of 363m, the Company has also identified the large Ridge Target Area coincident with shallow and deep 3D-IP anomalies and magnetic low features within an area of approximately 3000 metres long by 400m wide. An exceedingly small test of the RTA western edge was tested in current drilling by CA-15-21 and carried significant gold mineralization in the bottom of the hole. The current interpretation is the 3000m by 400m RTA may be a main influencing event and feature for the widespread intermittent, high and low, gold mineralization observed in Hole CA-15-21 and in all holes drilled within the connecting SD Zone which obliquely strikes NE into the RTA and associated anomalies.”

Future drilling at the Ridge Target will consist of approximately 20 250 metre holes, and no date has been set as the drilling is subject to the company securing further exploration funding. 

The assay results from the RTM drill program are in the table below:

Table 1 Assay Results Received For RT Minerals Corp. Fall 2021 Drilling — Link Catharine RLDZ Property

The intervals reported in the table above represent core lengths. True widths cannot be accurately determined from the information available.

Source: RT Minerals Corp.

In addition to the drilling results, six one to four kilogram grab samples were collected from four different locations within about a 4 square metre area within the large 100 metre by 100 metre outcrop returned the following results: 

Grab Sample #CA-01-21 – 0.85 g/t Au; Grab Sample #CA-02-21 – 1.26 g/t Au; Grab Sample #CA-03-21 – 1.34 g/t Au; Grab Sample #CA-04-21 – 0.16 g/t Au; Grab Sample #CA-05-21 – 0.07 g/t Au; and Grab Sample #CA-06-21 – 1.14 g/t Au. 

Source: RT Minerals Corp.

The Canadian company holds interest in two projects, the Link-Catherine property located ​​25 kilometers SSE of Kirkland Lake, Ontario and the Norwalk gold property, located approximately 6 kms south of Wawa, Ontario. 

The RT Minerals team continues to grow as the company announced the appointment of Mr. Douglas J. Andrews, BSc., MSc. as the President and Chief Executive Officer of the company, along with welcoming Mr. Gary Claytens and Mr. William S. Elston to the board of directors of the company in November, 2021. 

Mr. Andrews was already a director of the company, replacing Mr. Donald (Dan) M. Clark as President and CEO. Mr. Clark has resigned as Chairman, President, CEO and a director of the company but remains a consultant to the company and its exploration team on the Catharine gold properties. The company also acknowledged the resignation of Mr. Edmond Hatoum, who was a part of the board of directors.

The above references an opinion and is for information purposes only. It is not intended to be investment advice. Seek a licensed professional for investment advice. The author is not an insider or shareholder of any of the companies mentioned above.