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Norwalk Gold Property

NORWALK GOLD PROPERTY, WAWA, ONTARIO


The Company has an option to acquire a 100% interest, subject to a 2% Net Smelter Royalty, in the Norwalk Gold Property (the “Property”) located approximately 6 kilometres south of the town of Wawa, Ontario. The Property is comprised of three unpatented mineral claims consisting of 29 units with a total area of 445 hectares.

NI 43-101 Technical Report

Map and Photo Gallery

Total Field Magnetics and Induced Polarization Maps


WORK PROGRAM

On November 22, 2016, the Company announced high grade gold assays ranging from 0.23 g/Mt to 70.0 g/Mt Au from 9 surface grab samples collected from muck piles at the Norwalk Gold Mine and Gananoque Vein. See news release dated November 22, 2016.

On May 8, 2017, the Company announced that it would commence a surface magnetic and induced polarization geophysical program on the Property. See news release dated May 8, 2017.

On August 22, 2017, the Company announced high grade gold assays of up to 64.04 g/Mt Au from 32 grab samples collected from muck piles, trenches and an adit at the historical Norwalk Gold Mine. See news release dated August 22, 2017.

On September 7, 2017, the Company announced that it had completed a 31 line kilometre Ground Magnetic and Induced Polarization (“IP”) geophysical program on the Property that identified 69 near-surface IP anomalies on 27 east-west lines that occur throughout the Property. A Phase I drill program was mobilized. See news release dated September 7, 2017.

On October 19, 2017, the Company announced that it had completed 10 shallow NQ core drill holes (807 metres) on 5 of 69 IP targets, power stripping, prospecting, geological mapping and sampling of geophysical targets and historical gold showings on the Property. See news release dated October 19, 2017.

On November 27, 2017, the Company announced that it has completed further surface exploration including trenching of a new target area called the Red Carbonate Zone (“RCZ”). A total of 15 grab samples were collected from the RCZ and have been submitted for pulp and metallic sieve analysis and fire assay.


An area of approximately 25 metres wide by 25 metres long was excavated and trenched on the RCZ. This area consists of a red-brown crystalline carbonate body which is approximately 2 metres to 5 metres in width and hosts approximately 25% quartz veining. The hanging and footwall walls of the RCZ consist of an intermediate to felsic schist.

The hanging wall, footwall and the carbonate vein are mineralized with locally up to 2 to 3% sulfides and all units have potential to be gold bearing. Historical assays from the RCZ have returned up to 0.43 ounces per ton gold.

The RCZ is situated approximately 600 metres south-southeast of the high grade Gananoque showing and accordingly, the Company will initiate work to test this 600 metre gap. The RCZ is open on strike in both directions along the local geophysical trends and is open to depth.

The Company will carry out approximately 4-line kilometres of extended geophysics to cover the area between the Gananoque showing and the RCZ and follow this work with trenching and drilling within this 600 metre gap and the general area of the RCZ. This work on Norwalk is subject to further financing being secured by the Company. See news release dated November 27, 2017.

GOLD OCCURRENCES ADJACENT TO NORWALK PROPERTY


The Norwalk Gold Property is adjacent and contiguous to the southern border of Red Pine Exploration Inc.’s (“Red Pine”) Surluga Property which hosts the “Surluga Deposit” with a 43-101 inferred resource of 1,088,000 ounces of gold at 1.71 g/t grams per tonne using a 0.50 g/t gold cut-off grade, contained in 19.82 million tonnes open along strike and at depth.

Recent drilling conducted by Red Pine 3,000 metres south of the Surluga Deposit and 1,500 metres north of RT Minerals Corp.’s Norwalk Property, includes significant gold mineralization in at least 5 drill holes, which have yielded up to 57 g/t Au over 3.1 metres. Gold mineralization on Red Pine’s Surluga Property does not indicate similar mineralization is present on RTM’s Norwalk Property.

A 10 kilometre corridor of past producing gold mines, gold bearing structures and gold occurrences aligns south from Wawa Lake and includes some 2,800 metres of the Company’s Norwalk Property where several historical gold occurrences are known.

RT Minerals Corp. is one of the largest land holders in the Hemlo-Wawa-Borden Lake gold and diamond region. Mines present in the area are Richmont Mines Inc. (Island Gold Mine); Barrick Gold Corporation (Williams Mine – Hemlo Operations); and Wesdome Gold Mines Ltd. (Eagle River Complex – two gold mines with one mill). Advanced gold properties include Goldcorp Inc. (Borden Project); Harte Gold Corp. (Sugar Zone property); and Red Pine Exploration Inc. (Wawa gold property and Surluga gold deposit). Rio Tinto Exploration Canada Inc. and De Beers have discovered kimberlite and related diamond-bearing rocks and continue to actively explore for diamonds in the area.

For complete property disclosures and Quality Control on the Norwalk property, please see the Company’s news releases.