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RNC Minerals Provides 2020 Production, Cost Guidance and Strong Operational Update

Summary Consolidated 2020 Guidance: Production of 90,000-95,000 oz; note that production guidance does not include contributions from coarse gold occurrences at Beta Hunt. Based on management's current interpretation of the Beta Hunt shear zone / Lunnon Sediment intersection horizons, coarse gold is expected to be produced during 2020.  All-in-sustaining-cost (AISC)1 of US$1,050-$1,200 per oz.2020 Exploration: The re-negotiation of the Morgan...

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RJK RECEIVES POSITIVE SGH RESULTS INCREASES ITS LAND POSITION BY 7,500 HECTARES

Kirkland Lake, Ontario – January 21, 2020 – RJK Explorations Ltd. (TSXV: RJX.A, US OTC: RJKAF) ("RJK" or the "Company") is pleased to announce that it has received positive results from its SGH (Spatiotemporal Geochemical Hydrocarbon) soil sampling program, conducted on three separate geophysical targets which the company has identified as potential kimberlite pipes.  SGH analysis is used to identify potential ore bodies by...

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MacDonald Mines Extends High-Grade Gold Zones to the North and Commences Winter Drilling Program

MacDonald Mines Extends High-Grade Gold Zones to the North and Commences Winter Drilling Program

TORONTO, Jan. 20, 2020 (GLOBE NEWSWIRE) -- MacDonald Mines Exploration Ltd. (TSX-V: BMK) (“MacDonald Mines”, “MacDonald” or the “Company”) announces further results from the diamond drill program completed last fall at its SJP property, 40 kilometres east of Sudbury, Ontario. Hole SM-19-008 intersected 3.6 g/t gold over 6 metres, including 21.5 g/t over 0.8 metres, testing the down-dip continuity of...

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RJK Explorations Ltd Signs Agreement with Eagle Geosciences for Kimberlite Identification Technology

Kirkland Lake, Ontario – January 14, 2020 – RJK Explorations Ltd. (TSXV: RJX.A, US OTC: RJKAF) ("RJK" or the "Company") has entered into a $50,000 agreement with Eagle Geosciences of Rouyn-Norranda, Quebec. Eagle Geosciences has agreed to provide exclusive services to RJK to deploy their new kimberlite identification technique. The agreement has a period of one year, however, it can...

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RNC Exceeds 2H19 Guidance with Production of 51,090 oz; Pays Down $3M in Debt Early to Reduce Interest Costs

TORONTO, Jan. 8, 2020 /CNW/ - RNC Minerals (TSX: RNX) ("RNC" or the "Company") is pleased to announce record consolidated gold production, since acquiring the HGO mine and mill, of 9,620 ounces for the month of December 2019 from its Beta Hunt and Higginsville mines in Western Australia. For the fourth quarter of 2019, production was 26,874 ounces. For the second...

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