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Further High-Grade Copper and Gold Mineralisation Identified at Chanach

14.12.2023  |  Accesswire

Announcement To the TorontoStock Exchange and Australian Securities Exchange

Highlights:

  • New resultsconfirm multiple stylesof mineralisation and more encouraging gold and copper grades along 6.5km of skarns and new structures
  • High-grade trench sampling assaysinclude:
    • 17m @ 5.13g/t Au and 0.78% Cu from Cut 6
    • 3m @ 2.52g/tAu and 10.48% Cu from Cut 7
    • 11m @ 1.29g/tAu (including 1m @ 3.13g/tAu and 1.03% Cu) from Cut 8
    • 3m @ 4.15% Cu from Cut 8
  • Chanach demonstrates clear potential to host both a high-grade, large Copper - Gold Porphyry Skarn system, combined with a high-grade epithermal gold system
  • Latest exploration program at Chanach included ground truthing, targeted soil sampling, the digging of seven dozer cut trenches across the 6.5km skarn and outcropping quartz and a magnetic survey
  • Results from the magnetic data in the eastern end of the tenement has a relatively quiet texture with some distinctive features that clearly show the geometries of folded lithologies and locations of structural features, along which known mineralisation is aligned
  • Results from the geochemistry show large areas of anomalism (+0.05ppm Au and +0.01% Cu) both in gold and copper stretching over the majority of the identified structures
  • Mabilo Project in the Philippines continues to advance on-track, recent discussions with committed local partner focused on moving the project into development
  • Budgets for the Stage 1 Direct Shipping Operation ("DSO") are being finalised and it is expected that discussions with financiers will re- commence early in 2024

SUBIACO, December 14, 2023 - The Boardof RTG Mining Inc. ("RTG", or the "Company") (TSX:RTG)(ASX:RTG) is pleased to provide an update on recent exploration activities completed at the Company's 90% owned Chanach Gold & Copper Project (Chanach) in the Kyrgyz Republic.

Recent exploration activities at Chanach have included ground truthing, the collection of 1,154 soil samples concentrating on 6.5km of skarn and new structures identified in the eastern end of the tenement in last year's structural survey, the digging of seven dozer cut trenches across the identified skarn and outcropping quartz and a magnetic survey over the tenement.

Management Commentary:

Commenting on these positive results, RTG's CEO Justine Magee said: "These results continueto build our confidence that Chanach may be a similar opportunity to the Mabilo Projectwith strong potentialto evolve into both a high-grade, largeCopper - Gold Porphyry Skarn system, combinedwith a high-grade epithermal gold system. The results from the magnetic surveys have correlated well with our high grade trench sampling results providing a much stronger understanding of the significant scale and potential of the Chanach Project. The plan is to follow up with a 3DIP survey and a drilling program in the next field season.

Inaddition to the continued excellent results coming from Chanach, the Mabilo Projectin the Philippines continues to progress well with updatedbudgets for the planned DSO start up expected to be finalised shortly. Importantly, early in the new year this will allow the team to quickly focus on updates on finance offers from the various parties who have continued to express a desire to be involved in the financing of the Mabilo Project."

High-Grade Trench Sampling Results:

  • 17m @ 5.13g/tAu and 0.78% Cu from Cut 6
  • 3m @ 2.52g/tAu and 10.48% Cu from Cut 7
  • 1m @2.25% Cu from Cut 7
  • 2m @ 2.45% Cu from Cut 7
  • 2m @ 1.13% Cu from Cut 7
  • 11m @ 1.29g/tAu (including 1m @ 3.13g/tAu and 1.03% Cu) from Cut 8
  • 4m @ 0.8% Cu from Cut 8
  • 3m @ 4.15% Cu from Cut 8
  • 3m @ 0.83g/tAu and 0.88% Cu from Cut 8
  • 1m @ 1.32g/tAu from Cut 8
  • 1m @ 1.13% Cu from Cut 8
  • 1m @ 0.86%Cu from Cut 8
  • 1m @ 0.72%Cu from Cut 8

Grades above 0.7g/tAu and 0.3% Cu have been includedin the High-Grade Sampling Results

Results from dozer cuts and the soil samplinghave been processed at the fully accredited Information Research Centre Laboratory in Kara Balta in the Kyrgyz Republic with some results still pending.

Dozer Cut 6 intercepted broad high-grade mineralisation (quartz, chalcopyrite, pyrite, malachite, azurite, calcite)in a geological structure consisting of fractured sandstonewith limonite along the fractures.

Dozer Cuts 7 and 8 intercepted multiple zones of high-grade mineralisation (malachite, azurite, magnetite, pyrite,chalcopyrite, limonite, hematite, garnets, serpentenite, epidote and quartz) within the skarn zone.

Dozer Cuts 9 to 12 showed lower grades but was impacted by the depth of sedimentary cover sitting on top of the skarn. These anomalies will be tested further in next field season by digging deeper trenches.

Magnetic Survey

The magnetic survey was flown with drones by Geoscan Ltd on 25m line spacing at an altitude of 50m. The data collected is being processed by Southern Geoscience Consultants in Perth, whilst the full interpretation is still being worked on, initial results at the eastern end show the magnetic data has a relatively quiet texture with some distinctive features that clearly show the geometries of folded lithologies and locations of structural features, along which known mineralization is aligned (See Figure 3 below).

The drone magnetic data will be integrated with all other geological datasets to yield precise target locations for further detailed exploration in the next field season.

Geochemistry Survey

Detailed soil sampling on a 50m grid was conducted over 7km of identified structures within the tenement. The results show continuous zones of anomalism for gold and copper (see Figure 2 below) that coincide with key structures identified in the Structural Survey undertaken by O. V. Vaulin in 2022 and further supported by the recentmagnetic survey. The geochemistry also indicated zones not previously identified which will be tested in next year's field season.

Figure 1: TenementMap showing locationof latest Trenchesand Mapped Skarn Structure.

Figure 2: Tenement Map showing anomalousgeochemical contours for copper and gold.

Figure 3: MagneticResponse of EasternEnd of Tenement Showing Structure Definition Identified in the Structural Survey Undertaken by O. V. Vaulin in 2022,Coincident with High-Grade Copper and Gold and MagneticFeatures.

Figure 4: Tenement Map Showing Different Mineralised Zones with Coincident High-Grade Outcropping Copper and Gold Results

ABOUT RTG MINING INC

RTG Mining Inc. is a mining and exploration company listed on the main board of the Toronto Stock Exchange and the Australian Securities Exchange. RTG is currently focused primarily on progressing the Mabilo Project to start-up with its new partners, the Villar Family.The team has secured a mining permitfor the Project,with a view to moving quickly and safely to a producing gold and copper company.

The Chanach Project, although earlier stage, is advancing well and is believed to have strong potential to be similar to or better than the Mabilo Project, with both a high-grade, large Copper - Gold PorphyrySkarn system, combinedwith a high-grade epithermal gold system.

RTG also has a number of exciting new opportunities including the Panguna Project in Bougainville, which it remains committed to while also considering further new business development opportunities.

RTG has an experienced management team which has to date developed seven mines in five different countries, including being responsible for the development of the Masbate Gold Mine in the Philippines through CGA Mining Limited. RTG has some of the most respected international institutional investors as shareholders including Franklin Templeton, Equinox Partners and Sun Valley.

ENQUIRIES

President & CEO - Justine Magee
Tel: +61 8 6489 2900
Email: jmagee@rtgmining.com

US Investor Relations Contact
Jaime Wells: +1 970 640 0611
jwells@rtgmining.com

Australia Investor and Media Contact
Sam Burns: +61 400 164 067
sam.burns@sdir.com.au

COMPLIANCE STATEMENT

Date: 14 October 2023

Authorised for release by: By the Boardof Directors

QUALIFIED PERSON AND COMPETENT PERSONSTATEMENT

The information in this releasethat relates to Exploration Resultsand Mineral ResourceEstimates of the Chanach Project is based upon information compiled, reviewed and approved by Viktor Zabolotny who is a QualifiedPerson under NationalInstrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43-101") and a Competent Person as defined in the 2012 Edition of the 'Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves' who is a Member and Chartered Professional of the Australian Institute of Mining and Metallurgy and a Member of the Australian Institute of Geoscientists. Viktor Zabolotny is employed by BW Three Holdings Ltd and is a consultant to RTG. Viktor Zabolotny has sufficient experience that is relevant to the style of mineralisation and type of deposit under consideration and to the activity beingundertaken to qualifyas a Competent Person and a Qualified Person for the purposes of NI 43-101. Viktor Zabolotny consents to the inclusion in the release of the matters based on her information in the form and the context in which it appears.

The information in this releasethat relates to Exploration Targetsof the Chanach Project is based upon information compiled, reviewed and approvedby Greg Hall who is a Qualified Person under NI 43-101 and a Competent Person as defined in the 2012 Edition of the 'Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves' who is a Member and Chartered Professional of the Australian Institute of Mining and Metallurgy and a Member of the Australian Institute of Geoscientists. Greg Hall is employed by Golden Phoenix International Pty Ltd and is a consultant to RTG. Greg Hall has sufficient experience that is relevant to thestyle of mineralisation and type of deposit under consideration and to the activity being undertaken to qualify as a Competent Person and a Qualified Person for the purposes of NI 43-101. Greg Hall consents to the inclusion in the releaseof the matters based on his information in the form and the context in which it appears.

The information in this release that relates to areas outside of exploration results, Mineral Resources, Mineral Reservesand Metallurgy and Processing is based on information preparedby or under the supervision of Mark Turner,who is a Qualified Person and Competent Person. Mark Turner is a Fellow of the Australasian Institute of Mining and Metallurgy and is employed by RTG Mining Inc., the Company.Mark Turner has sufficient experience that is relevantto the information under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2012 Edition of the "Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves" and to qualify as a "Qualified Person" under National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43-101"). Mark Turner has verified the data disclosed in this release. Mark Turner consents to the inclusion in the release of the matters based on his information in the form and context in which it appears.

For the ASX Feasibility Study announcement including JORC tables please refer to the RTG Mining website (www.rtgmining.com) and on the ASX, under announcements (www.asx.com.au).

CAUTIONARY NOTE REGARDINGFORWARD LOOKING STATEMENTS

The Toronto Stock Exchange has not reviewed nor does it accept responsibility for the accuracy or adequacy of this press release, which has been prepared by management.

This announcement includescertain "forward-looking statements" within the meaningof Canadian securities legislation including, among others, statements made or implied relating to the interpretation of exploration results, accuracy of mineral resource and mineral reserve estimates, parameters and assumptions used to estimate mineralreserves and mineralresources, realization of mineral reserve and mineral resource estimates, estimated economic results of the Mabilo Project, future operational and financial results, including estimated cashflow and the timing thereof, estimated expenditures, expansion, exploration and development activities and the timing thereof, including expectations regarding the DSO, plans for progressing Stage 2 development, completion of a debt funding package, the negotiation of contracts for start up works and offtake arrangements and the completion of merged documentation, RTG's objectives, strategies to achieve those objectives, RTG's beliefs, plans, estimates and intentions, and similar statements concerning anticipated future events, results, circumstances, performance or expectations. All statements, other than statements of historical fact, included herein, are forward-looking statements. Forward lookingstatements generally can beidentified by wordssuch as "objective", "may", "will", "expected", "likely", "intend", "estimate", "anticipate", "believe", "should", "plans", or similar expressions suggesting future outcomes or events. Forward-looking statements involve various risks and uncertainties and are based on certain factors and assumptions. There can be no assurancethat such statements will prove to be accurate,and actual resultsand future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from RTG's expectations include uncertainties related to fluctuations in gold and other commodity prices and currency exchange rates; uncertainties relating to interpretation of drill results and the geology, continuity and grade of mineral deposits; uncertainty of estimates of capital and operating costs, recovery rates, production estimates and estimated economic return;the need for cooperation of government agenciesin the development of RTG's mineral projects; the need to obtain additional financing to develop RTG's mineral projects; the possibility of delay in development programs or in construction projects and uncertainty of meeting anticipated program milestones for RTG's mineral projects and other risks and uncertainties as discussed in RTG's annual report for the year ended December31, 2022 and detailed from time to time in our other filings with the Canadian securities regulatory authorities available at www.sedar.com. The forward?looking statements made in this announcement relate only to eventsas of the date on which the statements are made. RTG will not release publiclyany revisions or updates to these forward?looking statements to reflect events, circumstances or unanticipated events occurring after the date of this announcement except as required by law or by any appropriate regulatory authority.

NOT FOR RELEASE OR DISTRIBUTION IN THE UNITED STATES

This announcement has been prepared for publication in Canada and Australia and may not be released to US wire services or distributed in the United States. This announcement does not constitute an offer to sell, or a solicitation of an offer to buy, securities in the United States or any other jurisdiction. Any securities described in this announcement have not been, and will not be, registered under the US Securities Act of 1933,as amended (the "US Securities Act"), or any state securities laws, and may not be offeredor sold in the UnitedStates except in transactions exempt from, or not subjectto, registration under the US Securities Act and applicable US state securities laws.

Appendix 1 - JORC Code, 2012 Edition- Table 1: Chanach Project

Section 1 Sampling Techniques and Data

(Criteria in this sectionapply to all succeeding sections.)

Criteria

JORC Code Explanation

Commentary

Sampling Techniques
  • Nature andquality of sampling (e.g. cut channels, random chips, or specific specialised industry standard measurement tools appropriate to the minerals under investigation, such as down hole gamma sondes,or handheld XRF instruments, etc.). These examples should not be taken as limiting the broad meaning of sampling
  • Include reference to measures takento ensure sample representivity and the appropriate calibration of any measurement tools or systems used.
  • Aspects of the determination of mineralisation that are Material to the Public Report.
  • In cases where 'industry standard' work has been done this would be relatively simple (e.g. 'reverse circulation drilling was used to obtain 1 m samples from which 3 kg was pulverised to produce a 30 g charge for fire assay'). In other cases more explanation may be required, such as wherethere is coarse gold that has inherent sampling problems. Unusual commodities or mineralisation types (e.g. submarine nodules) may warrant disclosure of detailed information.
  • Sample bags were visually inspected for volume to ensure minimal size variation. Sampling was carried out understandard industry protocols and QAQC procedures.
  • A 50-gram sample is digested for gold analysis by Fire Assay and Atomic Adsorption Spectrophotometry (AAS), andfor copper analysis via pressed pellet X-ray florescence (XRF).
  • A 0.2-gram sampleis digested formulti-element analysis by Fire Assay and Inductive Coupled Plasma (ICP)using Mass Spectroscopy (MS) or Optical Emission Spectroscopy (OES).
  • The trench samples in 2023 wereundertaken by an experienced geologist who determined from mapping of bedrock and trenches the areas to be sampled.
  • All samples were dried and crushed to 90% passing 2mm. A 300g split was taken and pulverised to 80% passing 74 microns. The samples wereanalysed using AtomicAbsorption.

Drilling Techniques
  • Drill type (e.g. core, reverse circulation, open-hole hammer, rotary air blast, auger, Bangka, sonic, etc.) and details (e.g. core diameter, triple or standard tube, depth of diamond tails, face- sampling bit or other type,whether core is oriented and if so, by what method, etc.).
  • N/A

Drill sample recovery
  • Method of recording and assessing core and chipsample recoveries and results assessed.
  • Measures takento maximise sample recovery and ensure representative nature of the samples.
  • Whether a relationship exists between sample recovery and grade and whether sample bias may have occurred due to preferential loss/gain of fine/coarse material.
  • N/A

Logging
  • Whether coreand chip sampleshave been geologically and geotechnically logged to a level of detail to support appropriate Mineral Resource estimation, mining studies and metallurgical studies.
  • Whether loggingis qualitative or
  • Logging is considered qualitative.
  • All 2023 trenchgrab samples werelogged and recorded on primary documents and maps.

Criteria

JORC Code Explanation

Commentary

quantitative in nature.Core (or costean, channel, etc.) photography.

  • The total length and percentage of the relevant intersections logged.

Sub-sampling techniques and sample preparation
  • If core, whether cut or sawn and whether quarter, half or all core taken.
  • If non-core, whether riffled, tube sampled, rotary split,etc and whether sampled wet or dry.
  • For all sample types,the nature, quality and appropriateness of the sample preparation technique.
  • Quality control procedures adopted for all sub-sampling stages to maximise representivity of samples.
  • Measures taken to ensure that the sampling is representative of the in situ material collected, including for instance results for field duplicate/second-half sampling.
  • Whether samplesizes are appropriate to the grain size of the material being sampled.
  • At this stageof the exploration no sub sampling is undertaken during the collection stage.
  • The sample sizesare considered to be appropriate to correctly represent the mineralisation style.

Quality of assay data and laboratory tests
  • The nature, quality and appropriateness of the assaying and laboratory procedures used and whether the technique is considered partial or total.
  • For geophysical tools, spectrometers, handheld XRF instruments, etc., the parameters used in determining the analysis including instrument make and model, reading times, calibrations factors applied and their derivation, etc.
  • Nature of quality control procedures adopted (e.g. standards, blanks, duplicates, external laboratory checks) and whether acceptable levels of accuracy (i.e. lack of bias) and precision have been established.
  • The analytical techniques Fire Assay, Atomic adsorption Spectrophotometry for gold analysis and ICP MS or OES for multi-element analysis are considered suitable for the reconnaissance style sampling undertaken.
  • Gold analysis wascarried out usingFire Assay with finishing on a Thermo Scientific Solar S2 AA- Spectrometer.
  • Multi-element analysis was carried out by aqua regia digestwith ICP MS and OESanalysis using an iCAP 6300 ICP-instrument manufactured by Thermo-Scientific.
  • Laboratory QAQC involves the use of internal lab standards using certified reference material, blanks, splits and replicates as part of the in-house procedures.
  • All samples from the 2023 trench sampling program were analysed at Information and Research Centre Laboratory, which has all international standards certification and were subject to in-house QAQC procedures.

Verification of sampling and assaying
  • The verification of significant intersections by eitherindependent or alternative company personnel.
  • The use of twinned holes.
  • Documentation of primary data, data entry procedures, data verification, data storage (physical and electronic) protocols.
  • Discuss any adjustment to assay data.
  • An executive director of Chanach LLC has visually verified significant intersections in rock samples from the Chanach project.
  • N/A
  • Primary data was collected usinga set of standard Excel templates on paper and re-entered into laptop computers. Assay data is received in digital and hard copy directly from the laboratory and imported into the database.
  • No adjustments or calibrations weremade to any assay data used in this report.

Criteria

JORC Code Explanation

Commentary

Location of data points
  • Accuracy and quality of surveys used to locate drill holes (collar and down- hole surveys), trenches, mine workings and other locations used in Mineral Resource estimation.
  • Specification of the grid system used.
  • Quality andadequacy of topographic control.
  • Sample locations were recorded using handheld Garmin GPS60s.Elevation values were in AHDRL and values recorded within the database. Expected accuracy is + or - 3 to 7 m for easting, northing and 10m for elevation coordinates.
  • The grid systemis WGS84 UTM (zone42 north).
  • Topographic surface uses handheld GPS elevation data, which is adequate at the current stage of the project.
  • Location of the 2023 trenchsamples were recorded using a handheld Garmin GPS.

Data spacing and distribution
  • Data spacing for reporting of Exploration Results.
  • Whether the data spacing and distribution is sufficient to establish the degree of geological and grade continuity appropriate for the Mineral Resource and Ore Reserve estimation procedure(s) and classifications applied.
  • Whether samplecompositing has been applied.
  • N/A
  • N/A
  • The 2023 trench samples were composited in meter intervals across the trenches dug. 3 to 4 kg samples were taken from each meter width.

Orientation of data in relation to geological structure
  • Whether the orientation of sampling achieves unbiased sampling of possible structures and theextent to which this is known, considering the deposit type.
  • If the relationship between the drilling orientation and the orientation of key mineralised structures is considered to have introduced a sampling bias, this should be assessed and reported if material.
  • N/A
  • N/A

Sample security
  • The measures taken to ensure sample security.
  • Sample security is managed by Chanach LLC. Samples are collected by Company employees and transported by Company vehicles to theLaboratory in Kara Balta. The sample processing facility has Security Officers on duty 24 hours per day. The Company stores all mineralised intervals and all laboratory samples in a secured steel vault within the secured processing facility.
  • The 2023 sample security was managed by Site management. Samples are collected by Company employees and transported by Company vehicles to the Laboratory in Kara Balta. The processing facility has security officers on duty 24 hours per day. The Company stores all mineralised intervals and laboratory samples in the secured sample store.

Audits or reviews
  • The results of any audits or reviews of sampling techniques and data.
  • The Company carriesout its own internal data audits. No problems have been detected.

Section 2 Reporting of Exploration Results

(Criteria listedin the preceding section also apply to this section.)

Criteria

JORC Code Explanation

Commentary

Mineral tenement and land tenure status
  • Type, reference name/number, location and ownership including agreements or material issues with third parties such as joint ventures, partnerships, overriding royalties, native title interests, historical sites, wilderness or national park and environmental settings.
  • The security of the tenure held at the time of reporting along with any known impediments to obtaining a licence to operate in the area.
  • The mineralisation is located within Exploration License AP6771which is a Joint Venture between RTG Mining Inc. (90%) and BW3 Pty Ltd (10%)
  • There are no othermaterial issues.
  • The tenement is in goodstanding and no known impediments exist.

Exploration done by other parties
  • Acknowledgment and appraisal of exploration by other parties.
  • No other exploration has been carried out

Geology
  • Deposit type,geological setting and style of mineralisation.
  • The geological setting is of Cambrian to Permian aged intrusive porphyry systems, bounded by overlying basaltic, and sedimentary rocks. Mineralisation is mostly situated within granitic porphyry unitsas broad alteration containing copper sulphides and withinnarrow quartz veinsand faults.

Skarn mineralisation consists of magnetite, pyrite, chalcopyrite,malachite, azurite, limonite, haematite, epidote and granular andradite.

Drill Hole Information
  • A summary of all information material to the understanding of the exploration results including a tabulation of the following information for all Material drill holes:

o easting and northing of the drillhole collar

o elevation or RL (Reduced Level - elevation above sea levelin meters) of the drill hole collar

o dip and azimuth of the hole

o down hole lengthand interception depth

o hole length.

  • If the exclusion of this information is justified on the basis that the information is not Material and this exclusion does not detract from the understanding of the report, the Competent Person should clearly explain why this is the case.
  • N/A

Data Aggregation methods
  • In reporting Exploration Results, weighting averaging techniques, maximum and/or minimum grade truncations (eg cutting of high grades) and cut-off grades are usually Material and should be stated.
  • Where aggregate intercepts incorporate short lengthsof high grade results and longer lengthsof low grade

results, the procedure used for such aggregation should be stated and some
  • No length weighting has been applieddue to the nature of the sampling technique.
  • No top-cuts have been applied in reporting of the intersections.
  • No aggregate intercepts areused.
  • No metal equivalent values are usedfor reporting exploration results.

Criteria

JORC Code Explanation

Commentary

typical examples of such aggregations should be shown in detail.

  • The assumptions used for any reporting of metalequivalent values should be clearly stated.

Relationship between mineralisation widths and intercept lengths
  • These relationships are particularly important in the reporting of Exploration Results.
  • If the geometry of the mineralisation with respect to the drill hole angle is known, its nature shouldbe reported. If it is not known and only the down hole lengths are reported, there should be a clear statement to this effect (e.g. 'down hole length, true width not known').
  • The 2023 trenchsamples were takenfrom meter length samples taken at right angles across the mapped vein and represent true widths of the mineralisation.

Diagrams
  • Appropriate maps and sections (with scales) and tabulations of intercepts should be included for any significant discovery being reported These should include, but not be limited to a plan view of drill hole collar locations and appropriate sectional views.
  • Appropriate maps and sections are included in previous announcements.
  • Photos and regional map showing mapping locations and trenches for the 2023program are included in this update.

Balanced Reporting
  • Where comprehensive reporting of all Exploration Results is not practicable, representative reporting of both low and high gradesand/or widths should be practiced to avoid misleading reporting of Exploration Results.
  • Representative reporting is included withinthe body of this report and in previous announcements.

Other substantive exploration data
  • Other exploration data, if meaningful and material, should be reported including (but not limited to): geological observations; geophysical survey results; geochemical survey results; bulk samples - size and method of treatment; metallurgical test results; bulk density, groundwater, geotechnical and rock characteristics; potential deleterious or contaminating substances.
  • Exploration targeting has been enhanced by a structural study completed by Orefind in 2017, a ground magnetics study by Southern Geoscience in 2016 and a geophysical study completed by Baoding Geological Engineering Institute in 2011. The project is a target rich environment with 2019 planned exploration focussing on multiple targets. This has been further enhanced by a structural survey completed by Vaulin in 2022.
  • No metallurgical test workhas been conducted on the 2023 sampling.

Further Work
  • The nature and scaleof planned further work (e.g. tests for lateral extensions or depth extensions or large-scale step- out drilling). Diagrams clearly highlighting the areas of possible extensions, including the main geological interpretations and future drilling areas, provided this information is not commercially sensitive.
  • Ongoing reverse circulation and diamond drilling will be used to further define the nature and extent of the geochemical anomalism, and to gain lithological information.
  • Most mineralisation is open bothalong strike and down dip.
  • Further structural mapping, geophysical interpretation, trenching and drilling will be required to develop the resource model following the 2023 sampling regime.

SOURCE: RTG Mining Inc.



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