Ring of Fire Resources Inc. Announces commencement of Airborne Geophysical Survey �" Project 81
(via Thenewswire.ca)
Toronto, Ontario - November 15, 2011. Ring of Fire Resources Inc. (the "Company" or "ROF") (TSX-V: ROF, FRANKFURT: RG5, OTC.PK: HWKPF) announces the mobilization and commencement of approximately 6,400 line kilometres of Helicopter Airborne EM and Mag Survey over parts of its Project 81, Timmins Area, Northern Ontario.
Triumph Surveys Inc. of Rockwood, Ontario has been contracted to fly the survey, which is estimated to take approximately 37 days. This survey will be under the direct supervision of Steve Balch (BSc Applied Geophysics), who has been retained to conduct and interpret this airborne survey for the Company. The company will focus on a priority basis on the following:
-The Lucas Primary Gold Target using a gradiometer magnetic, VLF and radiometric survey system configuration.
-The Kingsmill Primary Nickel Target using the ATEM 800 Time Domain EM system developed by Aerodat Corporation and a GEM System Magnetic unit.
About Project 81
Project 81 is a 60,701 hectare patented land package divided into 2 blocks. The patents include surface, mineral and timber rights, and host a significant timber resource plus a number of zones that have historical exploration identifying nickel and gold mineralization (these sample results are historical and non 43-101 compliant) from work carried out in the 1960's and 1970's some of which have been previously announced.
About Ring of Fire Resources Inc.:
Ring of Fire Resources Inc. is a Canadian based junior exploration company holding in excess of 60,000 hectares of property in the Timmins, Iroquois Falls and Smooth Rock Falls areas of Northern Ontario, upon which it plans to develop and implement an exploration program for the balance of 2011 and 2012. It also holds a portfolio of diversified exploration projects at various stages of exploration and drilling for Vanadium/Nickel/Copper/Chromium/PGM in the ‘Ring of Fire' McFauld's Lake Area of Northern Ontario, Gold in the Wawa area of Northern Ontario, and Uranium in Northern Saskatchewan.
More detailed information is available on the website at www.ringoffireresources.com
Cautionary Statement:
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.
The foregoing information may contain forward-looking statements relating to the future performance of Ring of Fire Resources Inc. Forward-looking statements, specifically those concerning future performance, are subject to certain risks and uncertainties, and actual results may differ materially from the Company's plans and expectations. These plans, expectations, risks and uncertainties are detailed herein and from time to time in the filings made by the Company with the TSX Venture Exchange and securities regulators. Ring of Fire Resources Inc. does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future events or otherwise.
Contacts:
H. Vance White, PresidentCorinna de Beer, Investor Relations
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