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 …read more
From:: Investing News Network