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RT Minerals Corp V.RTM

Alternate Symbol(s):  RTMFF

RT Minerals Corp. is a Canada-based junior exploration company. The Company is engaged in the acquisition, exploration and evaluation of primarily gold and base metals properties in Ontario, Canada. The Company's principal mineral properties in Canada, including Link-Catharine, Catharine Gold properties, Blakelock property, Case Batholith property, Galna / Moody property, Ireland REE property, Kendrey property, Kenogaming /Pharand Project, McQuibban project, Milligan Project, Nordica Project and Timmins project. The Company holds an option to acquire a 100% interest in the Link-Catharine RLDZ gold property comprised of 15 unpatented single-cell mining claims with a total area of approximately 220 hectares in one claim block, which is contiguous to the Company’s 100% owned approximately 102 square kilometers Catharine claim block. The Link-Catharine property is located approximately 25 kilometers south-east of the town of Kirkland Lake, Ontario.


TSXV:RTM - Post by User

Comment by diabase1on Mar 23, 2022 10:07am
90 Views
Post# 34537388

RE:news release

RE:news releaseThis is very good news. Great decision!! The Catharine Gold property was too big for such a small company like RTM. A lot of money would have been needed in order to explore this property thoroughly. As said in the news release, RTM will dispose of the property, "either by way of agreement with the original Vendors of the claims, or failing that, by way of abandonment".  However, there may be another way to dispose of the CGI property. What about a swap deal with Canadian Gold Miners, all the CGI ground for a 'slice' of claims bordering onto the east boundary of the Link Catharine property. If there turns out to be some excellent results from the northeastern section of the property, then RTM will be protected. A swath of 5 north south claim blocks would cover the eastern extent of the Link Catharine property.
Like the 3 team player trade in the NHL, maybe something could be worked out between Canadian Gold Miners, Orefinders and RT Minerals, for those 5 north south claims? Just a thought.

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