Rof Confirms Extensive Width of Mineralized Nickel Body at Kingsmill
(via Thenewswire.ca)
Toronto, March 5, 2012 - Ring of Fire Resources Inc., (the
"Company") (TSX-V: ROF, FRANKFURT: RG5, OTC.PK: HWKPF) is
pleased to announce additional results from its current drilling
program have confirmed that the width in the western part of the
Kingsmill Nickel Body is approximately 400m.
Investors are reminded that effective Wednesday, March 7, 2012, the
Company's name and trading symbol on the TSX Venture Exchange will
change to "Noble Mineral Exploration Inc. (TSX.V: NOB)
Drill holes KML 12-03 and KML 12-04 were designed to establish the
orientation and attitude of north and south contacts respectively of
the mineralized Nickel Body. Both KML 12-03 and KML 12-04 were drilled
at an Azimuth 30 degrees and a dip of -45 degrees. KML 12-03 was
collared in the Serpentinized Peridotite, with only 14.0m of
overburden and intersected the north contact at 264.4m downhole. KML
12-04 was collared outside of the mineralized body and intersected the
south contact of the Mineralized Serpentinized Peridotite at 314.0m
and was terminated in mineralization at 428.2m. (See Figure 1
Preliminary Assay results of KML 12-03 and KML 12-04 are tabulated in
Tables 1 & 2.)
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Drill Holes KML 12-03 and 04 were drilled within a large magnetic
anomaly (see release of Feb 6, Feb 21, & Feb 28, 2012) confirming
geology and mineralization from previously released historical
drilling results.
Drilling continues to test the eastern extension of this anomaly with
a suite of 5 holes being drilled on an 1,800 metre step-out on which
assays results are pending.
Nickel results released are preliminary Aqua Regia-ICP (1E3-ICP) and a
4-acid Total Digestion TD-ICP (1F2-ICP) analysis done by Activation
Laboratories Inc. (Actlabs). Samples are prepared at Actlabs in
Timmins (ISO 9001 accredited) and shipped to Thunder Bay or Ancaster
(ISO 17025 accredited) for specific analysis.The company has also
requested a Code 8-AR wet chemistry assay quality analysis for Nickel
on all samples greater than 0.25% Ni.
Aqua Regia (AR-ICP) analysis is designed to dissolve all non-silicate
Ni minerals, while the 4-acid Total Digestion (TD-ICP) analysis is
designed to dissolve both sulphide and silicate Ni minerals.
QA/QC Protocol:
ROF has implemented a quality-control, quality assurance program to
ensure best practice principals are being applied in the sampling and
analysis of the drill core. NQ size drill core is delivered, logged,
tagged and saw cut in a secure facility in Timmins, and half the drill
core is sampled in standard intervals. The remaining half of the core
is stored in a secure location. The drill core is transported in
batches in sealed bags to the Actlabs prep lab in Timmins, Ontario by
ROF personnel. Actlabs is an ISO/IEC 17025 certified Laboratory by the
Standards Council of Canada. In addition to quality assurance controls
at the laboratory, blanks, and certified standards are been inserted
into the sample stream at random intervals. ROF also request a pulp
split of a specific sample within the sample steam at random.
About Project 81:
Project 81 is a 72,218 hectare patented, staked and acquired 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.
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About Ring of Fire Resources Inc.:
Ring of Fire Resources Inc. is a Canadian based junior exploration
company holding in excess of 72,000 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 in 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.
Michael Newbury, P. Eng (ON), a "qualified person" as such
term is defined by National Instrument 43-101 and a Director of ROF
has verified the data disclosed in this news release, and has
otherwise reviewed and approved the technical information in this news
release on behalf of ROF. On site core logging and sampling is being
executed by Howard Lahti Phd, P.Geo (NB), under the supervision of
Randy Singh P.Geo (ON), P.Eng (ON) -VP - Exploration and Project
Development.
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, President
Phone: 416-214-2250
Fax: 416-367-1954
eMail:info@ringoffireresources.com or info@noblemineralexploration.com
Corinna de Beer, Investor Relations
Phone: 416-792-0343
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