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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 holds a 100% interest, royalty-free, in a portfolio of 12 rare earth element (REE), gold and base metal properties in Ontario, Canada. The Company is engaged in the acquisition, exploration and evaluation of mineral properties in Canada for hosting critical minerals, gold and base metals. Its projects include Nordica, Case Batholith, Ireland, Timmins, Kenogaming & Pharand, Kendry, Galna, Blakelock, Mcquibban, and Milligan. The Nordica property is prospective for copper, nickel, cobalt, chromium, and palladium mineralization. The Ireland REE property is comprised of 52 claims (421 hectares) covering an inferred carbonatite complex (the Ireland Complex) located in Ireland Township, 45 kilometers northeast of Smooth Rock Falls, Ontario. The Timmins property contains 21 claim blocks comprising 170 hectares (420 acres) and is located in Timmins township approximately 50 km southeast of Timmins Ontario.


TSXV:RTM - Post by User

Comment by diabase1on Mar 23, 2022 10:07am
116 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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