Royal Nickel Corp. RNKLF

NEWS: High Grade Gold Structures Extended by 200 meters

[Horn1369]

Every time these aholes post garbage just post the latest news for them Ahole parasites. GL

High Grade Gold Structures Extended by 200 meters From Father's Day Vein Discovery

Canada NewsWire

TORONTO, Sept. 24, 2018

TORONTO, Sept. 24, 2018 /CNW/ - RNC Minerals (TSX: RNX) ("RNC"), is pleased to announce that a new exploration drive on 14 Level at its Beta Hunt Mine intercepted and recovered visible coarse gold (see figure 2), providing further proof of concept that the structures containing the "Father's Day Vein" discovery extend 200 metres (25 meters up dip and 180 meters along-strike) above the Father's Day Vein discovery (see RNC news releases dated September 9, 16 and 20, 2018). Technical teams at Beta Hunt are applying the model (See Figure 4) for these high-grade coarse gold structures to historical drilling and mapping, and have identified a number of targets for follow-up with the potential to continue to extend this discovery. 

"I am thrilled to provide this update, which extends the sediment structures 200 metres from the Father's Day Vein gold discovery in an area adjacent to existing mine infrastructure. This further validates the model that was developed by the hard work and perseverance of the Beta Hunt team. I believe we have only scratched the surface of the high-grade gold potential from this sediment layer, which is a district-scale feature extending across the entire property. With exploration and development ongoing, we will continue to provide timely updates on this very important gold discovery." said Mark Selby, President and CEO of RNC.

The 14 level exploration drive, based on the current model for development of these high grade gold structures (see Figure 4) and review of prior mapping, was developed towards a production stope on 14 level in which more than 1,000 ounces of high grade coarse gold and specimen stones was unexpectedly recovered in the second quarter (as the interaction between the pyritic sediment layer and regional gold mineralized shear zones was not as well understood at the time).