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RTG Mining Inc.

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Summary

Project:

Mabilo

Deposit:Mabilo
Location:Philippines
Commodities:Copper-Gold-Silver-Iron
Date:11/24/2014
Report Code:JORC
Report Type:Resource Estimation
Project Stage:Pursuing Resource Increase/Upgrade
Report details:24-11-2014: RTG Mining Inc. announces a Resource Estimation report for its Mabilo deposit at the Mabilo project. Initial mineral resource estimate for Mabilo project. RTG Mining Inc. (“RTG”, “the Company”) (TSX Code: RTG, ASX Code: RTG) is pleased to repo
Resources:(Resource, Ind.): 5.87Mt @ 2.1% Cu, 2.2g/t Au, 8.4g/t Ag, 49.0% Fe
CP/QP:[Resources]: Aaron Green (CSA Global Pty Ltd.)
ABSTRACT:RTG Mining Inc. (“RTG”, “the Company”) (TSX Code: RTG, ASX Code: RTG) is pleased to report the maiden Mineral Resource, with an effective date of 14 September 2014, for the Mabilo Project reported in accordance with NI 43-101 Standards of Disclosure for Mineral Projects and the JORC Code (2012). The Indicated Resource includes significant high grade oxide gold and copper at shallow levels which contains 67,000 ounces of gold, 32,000t of copper and 312,000t of iron. These resources could be mined with limited capital requirements which could allow for the majority of capital expenditure on the primary plant to be funded from the oxide ore. The magnetite skarn mineralisation which makes up a significant portion of the Mineral Resource is well defined and continues to remain open in multiple directions and is the subject of further drilling. The copper equivalent grade of the Indicated Mineral Resource is 3.4%* after diluting for full recovery assumptions.

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