GREY:RNKLF - Post by User
Comment by
JHill28on Oct 02, 2018 4:18pm
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Post# 28732221
RE:NR
RE:NRI believe this would be why....
TORONTO, Sept. 16, 2018 /CNW/ - RNC Minerals (TSX: RNX) ("RNC"), is pleased to announce that it has doubled the strike length of this high grade coarse gold structure, to approximately 10 metres, after restarting development in the new high grade gold discovery area "Fathers Day Vein" at its Beta Hunt Mine in Australia (see RNC news release dated September 9, 2018). Airleg development towards the initial discovery area intersected the structure last Friday and the break through into the original discovery area is expected today. A 43kg specimen stone containing an estimated 1,100 ounces of gold and a second 7kg specimen containing 190 ounces was recovered from this most recent development. An updated estimate of ounces from the Fathers Day Vein is expected to be provided later this week after final outturns from last week's shipments to the Perth Mint have been received and initial estimates from the recovery and shipment of coarse gold and specimen stones from the most recent development are completed. Final numbers from this most recent development should be known within 2 weeks once all processing by the Perth Mint has been completed.
I think ;)