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Project: | Norwalk | |
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Deposit: | Norwalk | |
Location: | Canada | |
Commodities: | Gold | |
Date: | 5/8/2017 | |
Report Code: | NI43-101 | |
Report Type: | Supporting Acquisition | |
Project Stage: | Pursuing Resources Definition | |
Report details: | 8-5-2017: RT Minerals Corp. announces a Supporting Acquisition report for its Norwalk deposit at the Norwalk project. Summary of property in support of acquisition. Clark Exploration Consulting of Thunder Bay, Ontario was contracted by RT Minerals Corp. ( | |
Resources: | x | |
CP/QP: | [Overall Report]: Desmond Cullen (Clark Exploration Consulting) | |
ABSTRACT: | Clark Exploration Consulting of Thunder Bay, Ontario was contracted by RT Minerals Corp. (“RTM”), to review historic data for the Norwalk Property (the “Property”), identify its merits, propose an appropriate exploration program and budget for gold exploration on the property, and prepare a Technical Report (the “Report”) compliant with NI 43-101 and suitable for the purposes of a financing document for RTM. Historical work on the Property previous to RT Minerals acquisition indicated that the property lies within favourable geological sequences similar to the geological sequences of historical gold mines and developed gold prospects in the area. Also historical work has located significant mineralized zones on the Property that have reported gold mineralization. It is recommended that RTM carry out a program of surface exploration consisting of trenching / mechanical stripping followed by channel sampling of areas of interest, and line cutting and ground geophysics to determine if there are geophysical trends associated with known mineralization that can be extrapolated to other areas of the Property. This surface program should be followed up by a diamond drilling program of about 1000 metres to test areas of interest. While the Property already has available targets, the determination of the exact location of the drill holes should wait until the surface exploration is complete. A total budget of CDN $240,000 is recommended to carry out the program. | |
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