Further High-Grade Copper and Gold Mineralisation Announcement To the TorontoStock Exchange and Australian Securities Exchange
Highlights:
- New resultsconfirm multiple stylesof mineralisation and more encouraging gold and copper grades along 6.5km of skarns and new structures
- High-grade trench sampling assaysinclude:
- 17m @ 5.13g/t Au and 0.78% Cu from Cut 6
- 3m @ 2.52g/tAu and 10.48% Cu from Cut 7
- 11m @ 1.29g/tAu (including 1m @ 3.13g/tAu and 1.03% Cu) from Cut 8
- 3m @ 4.15% Cu from Cut 8
- Chanach demonstrates clear potential to host both a high-grade, large Copper - Gold Porphyry Skarn system, combined with a high-grade epithermal gold system
- Latest exploration program at Chanach included ground truthing, targeted soil sampling, the digging of seven dozer cut trenches across the 6.5km skarn and outcropping quartz and a magnetic survey
- Results from the magnetic data in the eastern end of the tenement has a relatively quiet texture with some distinctive features that clearly show the geometries of folded lithologies and locations of structural features, along which known mineralisation is aligned
- Results from the geochemistry show large areas of anomalism (+0.05ppm Au and +0.01% Cu) both in gold and copper stretching over the majority of the identified structures
- Mabilo Project in the Philippines continues to advance on-track, recent discussions with committed local partner focused on moving the project into development
- Budgets for the Stage 1 Direct Shipping Operation ("DSO") are being finalised and it is expected that discussions with financiers will re- commence early in 2024
SUBIACO, WESTERN AUSTRALIA / ACCESSWIRE / December 14, 2023 / The Boardof RTG Mining Inc. ("RTG", or the "Company") (TSX:RTG)(ASX:RTG) is pleased to provide an update on recent exploration activities completed at the Company's 90% owned Chanach Gold & Copper Project (Chanach) in the Kyrgyz Republic.
Further High-Grade Copper and Gold Mineralisation Identified at Chanach (accesswire.com)