RT Minerals Corp. intersects 33.1m of 2.81gpt including 8m of 9.43 g/t Au at Link-Catharine near Kirkland Lake
RT Minerals Corp. has intersected significant gold mineralization on the Link Catharine RLDZ Property 25 km SSE of Kirkland Lake. The property is comprised of 15 unpatented single cell mining claims with a total area of 220 hectares in one claim block.
The drill hole intersected ultramafic-basalt, green carbonate, and deformed ultramafic-komatiite, quartz veins/stringers with pyrite. The 4 metre interval from 50 to 54 metres (14.89 g/t Au) includes quartz veins with volcanic fragments, well mineralized in places with up to 10% semi-massive fine to coarse pyrite.
Further drilling is required to determine the true widths of the mineralization and the zone.
Assays are pending on the remaining six holes from the current drill program.
Access to the Property is by vehicle on all weather and seasonal roads. Gold mineralization occurs on the Property in zones of quartz veined iron and green fuchsitic carbonate altered rocks with minor amounts of visible sulphides. Mineralization and the favourable geology is associated with the north-south Pacaud Fault and Deformation Zone.
Strongly altered rocks favourable for gold exist on the Property in an approximately 400 metre wide by 2.5 kilometre long N-S trending deformation zone along the Pacaud Fault. Much of the deformation zone is covered by overburden and has not been drilled. The Property has only been tested to shallow depths of less than 150m from surface.
The Company may earn a 100% interest in the Property by paying an aggregate of $200,000 cash, issuing 1,950,000 common shares and incurring $1,000,000 in work expenditures over a five year period as detailed in the Company's news release dated September 28, 2020.
Assaying was carried out by Swastika Laboratories Ltd. of Kirkland Lake, Ontario. The above assays were completed by fire assay with gravimetric finish carried out on the higher grade samples.
Further to the Company's news release of October 14, 2020, a total of seven holes have been drilled at core lengths of up to 183 m.
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