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Vancouver, British Columbia--(Newsfile Corp. - April 8, 2021) - RT Minerals Corp. (TSXV: RTM) (OTC: RTMFF) (the "Company" or "RTM") is pleased to announce the appointment of Mr. Stew Carmichael as Chief Geologist of the Company.
Mr. Carmichael, P.Geo. has over 35 years experience in the exploration and mining industry and was named the 2006 Ontario Prospector of the Year with Mr. Michael Sutton, P.Geo., for their discovery and delineation of the South Mine Complex at the Macassa Mine, owned by Kirkland Lake Gold Ltd. In addition, Mr. Carmichael spent several years at the Armistice Mine project, including underground development and exploration. The Armistice property is located immediately adjacent to the Kerr-Addison Mine near Larder Lake, Ontario.
Mr. Donald (Dan) M. Clark, Chairman-President of RTM, states: "We are pleased to welcome Stew Carmichael into a new and important position of Chief Geologist. He will have oversight over our current Link-Catharine drilling, as well as for the additional 24,536 acres of prospective geology that RTM plans to acquire through its previously announced acquisition of Catharine Gold Inc. Mr. Carmichael has a significant professional background, including having been an integral part of the discovery of a multi-million ounce gold deposit in this region at the South Mine Complex in Kirkland Lake, Ontario. His deep understanding of Archean gold systems as well as the regional geology of this area will greatly benefit RTM's exploration plans moving-forward."
About RT Minerals Corp.
RT Minerals Corp. is a junior exploration company listed on the TSX Venture Exchange under the symbol "RTM". The Company currently has 43,122,988 shares outstanding. RTM holds 100% interest in the Norwalk gold property located near Wawa, Ontario. The Company also holds an option to acquire 100% interest in the Link-Catharine RLDZ gold property with a total area of 544 acres, and subject to shareholder and regulatory approval, RTM will acquire control of a 100% interest in a further 24,536 acres of mining properties (subject to a 2% GSR) that adjoin the RTM Link-Catharine property, through the issuance of 21,000,000 Tier 2 (TSX.V) Surplus Escrow Shares (subject to a 36 month escrow release format) under the proposed acquisition of Catharine Gold Inc., as announced by the Company by news release dated March 24, 2021.
For more information on the Company and its properties, please visit RTM's website at www.rtmcorp.com.
FOR FURTHER INFORMATION CONTACT:
Donald (Dan) M. Clark
Chairman, President and Chief Executive Officer
RT Minerals Corp.
Neither the TSX Venture Exchange nor its Regulation Service Provider (as the term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy of accuracy of this news release.
This news release contains certain forward-looking statements, which relate to future events or future performance and reflect management's current expectations and assumptions. Such forward-looking statements reflect management's current beliefs and are based on assumptions made by and information currently available to the Company. Readers are cautioned that these forward-looking statements are neither promises nor guarantees, and are subject to risks and uncertainties that may cause future results to differ materially from those expected including, but not limited to, market conditions, availability of financing, actual results of the Company's exploration and other activities, environmental risks, future metal prices, operating risks, accidents, labor issues, delays in obtaining governmental approvals and permits, and other risks in the mining industry. All the forward-looking statements made in this news release are qualified by these cautionary statements and those in our continuous disclosure filings available on SEDAR at www.sedar.com. These forward-looking statements are made as of the date hereof and the Company does not assume any obligation to update or revise them to reflect new events or circumstances save as required by applicable law.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/79772