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A U G U S T / S E P T E M B E R 2 0 1 7
owned, 2% net smelter royalty) 50 km
northeast of Wawa; Norwalk gold property
(100% owned, 2% net smelter royalty) ~6
km south of Wawa, Ontario; and the Dill
River gold property several km southeast
of Wawa in which RT Minerals has an
option to earn a 100% interest, subject to a
2% net smelter royalty.
In May RT Minerals filed technical
reports for the Ballard and Norwalk prop-
erties. On November 22, 2016, RT Minerals
reported on surface grab sampling at the
Norwalk property and further drilling
plans of five holes, up to 200 metres each
on historical gold showings.
RT Minerals Corp. recently entered into
a purchase and sale agreement to acquire a
100% interest, subject to a 2% net smelter
royalty, in the Dog Lake gold property ~
59 km northeast of Wawa consisting of 75
units in 9 claims for a total area of approxi-
mately 1,112 hectares (subject to exchange
approval).
Wesdome Gold Mines Ltd. [WDO-TSX]
has the Eagle River Complex 50 km west
of Wawa where the company is produc-
ing gold from two mines, the Eagle River
Underground Mine and the Mishi Open pit.
Ore from both mines is processed at
facilities adjacent to the MIshi open pit
permitted at 1,200 tonnes per day with
plans to expand to 1,500 tonnes per day.
Currently exploration drilling is underway
to potentially double the mine life at both
operations.
Since commercial production was
declared January 1, 1996, the Eagle River
underground mine has produced more
than 1,000,000 ounces of gold from 3.6
million tonnes at an average recovered
grade of 9.1 g/t gold. The mine is currently
operating at ~500 tonnes per day.
At the Mishi open pit production
is ~ 400 tonnes per day. The company
improved milling operations and Wesdome
plans to expand operations at the open
pit to 900 tonnes per day over the next
couple of years. Surface drilling has
increased the mineralized system which
is completely open to the west and at
depth.
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