Skip to main content

RT Minerals to buy South Wawa Gold Project

Published by , Assistant Editor
Global Mining Review,


Argo Gold Inc. (Argo Gold) has signed a purchase and sale agreement to sell a 100% interest in the South Wawa gold property in Ontario (Canada) to RT Minerals Corp. for consideration of 350 000 common shares of RT Minerals.

The South Wawa gold project consists of two mineral claims totaling 16 units or 256 ha located approximately 10 km south of the town of Wawa, Ontario in Naveau Township. The property is bordered to the north by Red Pine Exploration Inc.

Argo completed an MMI orientation survey, channel sampling, prospecting, mapping and grab sampling on the property during the 2017 field season. According to Argo Gold, the results of the channel sampling confirmed historic results. Prospecting delineated mineralised zones around an area termed the Camouflage vein. The highest gold grades obtained from prospecting samples are 11.6 g/t Au and 10.1 g/t Au.

Read the article online at: https://www.globalminingreview.com/finance-business/16022018/rt-minerals-corp-to-buy-south-wawa-gold-project/

You might also like

 EnviroTech

Ready to revolutionise the cement industry?

Join our sister publication, World Cement, in Lisbon, 10 – 13 March 2024, for their first in-person conference and exhibition: EnviroTech.

This exclusive knowledge and networking event will bring together cement producers, industry leaders, technical experts, analysts, and other stakeholders to discuss the latest technologies, processes, and policies being deployed at the forefront of the cement industry’s efforts to reduce its environmental footprint.

Get your early bird tickets NOW »

 
 
 

Embed article link: (copy the HTML code below):


 

This article has been tagged under the following:

Canadian mining news