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RNC Minerals Announces Continued Strong Gold Results From Infill and Exploration Drilling at Beta Hunt Mine and Provides Tolling Update

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Multiple intersections > 5 g/t, including true width of 8.8 m of 8.48 g/t at A Zone, and 23.4 m of 3.03 g/t and 19.1 m of 3.94 g/t at Western Flanks

TORONTO, Sept. 5, 2017 /CNW/ - RNC Minerals (TSX: RNX) ("RNC") announces additional positive infill and exploration drilling results at its Beta Hunt Mine in Western Australia.

"These drilling results highlight Beta Hunt's massive exploration potential, which we are just beginning to unlock with the help of a second diamond drill added at the end of June. The infill and exploration results in each zone have strong thicknesses and grades, and will underpin our efforts to continue to improve mined grades. A further 2,000 metres of drilling results are pending, and we expect to complete an additional 15,000 metres of drilling by year end. During the month of August, we also completed our first toll under our lower cost tolling arrangement with Westgold. We continue to see improved grades in our most recent tolls, and look forward to continued quarter-over-quarter improvement." said Mark Selby, President and CEO of RNC.

Highlights of the 68 holes (total of more than 6,900 metres) drilled since RNC's news release dated June 26, 2017 include:

  • 232 intersections greater than 5 g/t gold
  • 74 intersections greater than 10 g/t gold
  • 23 intersections greater than 20 g/t gold

A Zone Results

Infill drilling of 31 holes was completed (total of 2,166 metres) from the next levels in A Zone, yielding multiple thick, higher grade intersections, significantly wider than the true thicknesses that are being mined today. Drilling highlights from A Zone are outlined below in Table 1a (See Table 2 for full assay results):

Table 1a: Highlights from A Zone Infill Drilling



Downhole

Downhole

Interval

True
Width1

Gold2



From (m)

To (m)

(m)

(m)

g/t

AZ13-048


67.00

78.20

11.20

10.56

4.12

AZ13-050           


68.00

73.00

5.00

4.91

10.99


including

70.20

71.85

1.65

1.62

30.81

AZ13-056


73.50

81.00

7.50

7.11

4.07

AZ13-058


88.00

100.25

12.25

10.85

5.38


including

98.00

100.25

2.25

1.99

13.91

AZ13-061           


102.00

108.00

6.00

5.46

7.94


including

105.50

107.00

1.50

1.37

22.87


and

141.18

148.94

7.76

7.02

6.05


including

141.18

142.20

1.02

0.92

36.60

AZ13-063


25.00

31.00

6.00

3.76

7.36


including

28.80

29.50

0.70

0.44

38.01


and

43.90

63.75

19.85

12.34

3.39


including

50.50

56.00

5.50

3.42

7.15

AZ13-069           


27.00

32.00

5.00

3.42

8.57

AZ13-077


22.00

32.00

10.00

8.77

8.48


including

22.00

27.20

5.20

4.56

12.87

AZ13-081


21.00

30.40

9.40

8.93

4.08

AZ13-087


19.00

33.00

14.00

13.29

5.67


including

19.00

26.90

7.90

7.50

8.70

1.

Estimated true width.

2.

All gold assays uncut.

Western Flanks Results

15 infill and 4 exploration holes (totaling 2,243 metres) in Western Flanks continue to show strong results, including very thick intersections in holes WF18-044 of true width of 23.4 metres of 3.03 g/t and WF18-015 of 19.1 metres of 3.94 g/t. Both holes contain high grade intersections in excess of 5 g/t. Drilling highlights in Western Flanks are outlined below in Table 1b (See Table 2 for full assay results):

Table 1b: Highlights from Western Flanks Infill and Exploration Drilling



Downhole

Downhole

Interval

True
Width1

Gold2



From (m)

To (m)

(m)

(m)

g/t

Infill







WF18-018           


15.20

20.00

4.80

3.86

5.49

WF18-021           


25.00

30.50

5.50

3.78

10.30


including

28.00

29.00

1.00

0.69

18.80















WF18-044


66.60

90.00

23.40

23.40

3.03


including

85.13

90.00

4.87

4.87

5.26


and

97.00

103.00

6.00

6.00

5.38

WF18-053


62.55

73.40

10.85

9.74

3.49

WF18-058


60.00

65.35

5.35

5.23

4.37


including

64.70

65.35

0.65

0.63

12.40

Exploration







WF18-015


165.00

190.00

25.00

19.1

3.94


including

187.00

190.00

3.00

2.29

6.04

WF18-030


133.00

136.00

3.00

1.80

4.17

WF18-031           


134.00

139.00

5.00

3.12

12.82

1.

Estimated true width.

2.

All gold assays uncut.

A Zone Extension

Infill and exploration drilling of 18 holes (totaling 2,494 metres) in the A Zone Extension areas yielded several intersections in excess of 5 g/t. The first set of exploration holes yielded only a few narrower intersections.  Drilling highlights at A Zone Extension are outlined below in Table 1c (See Table 2 for full assay results):

Table 1c: Highlights from A Zone Extension Infill Drilling

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Downhole

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