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Summary Historical Database Review – Corona Project RNC's ongoing review of Higginsville Gold Operations ("HGO") historical mineral resources and drill results has confirmed the potential of the Corona deposit as a future high-grade open pit and/or underground operation. Highlights of historical drill results include1.2: VIND047: 657.9 g/t over 2.3m from 181.1 m VIND049: 225.2 g/t over 1.9m from 201.5...
Read moreSummary High Density Gravity Survey Program A recent high density gravity survey has delineated a new geological structure at the Company's Higginsville Operations ("HGO"). The new structure extends for approximately 5 km, and runs sub-parallel to the major regional Zuleika, Speedway and Boulder Lefroy shears which controls the bulk of the gold mineralisation between the Golden Mile (60 Mozs).and Norseman...
Read moreSummary 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...
Read moreTORONTO, 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...
Read moreSummary Guidance for the second half 2019: Production 42,000-49,000 oz AISC US$1,150-$1,250 per oz Mining of Baloo Stage 1 & growing pit pipeline – Baloo Stage 1 mining is performing well and meeting expectations. Results from grade control drill program have identified additional mineralised material that is expected to extend Stage 1 mining into the first quarter of 2020. Mining...
Read moreIn an unexpected development, Mark Selby has stepped down as the President and CEO of RNC Minerals. Mark played an integral role for RNC in identifying value that others often overlooked, while always maintaining a steady professionalism throughout some of the ups and downs of the company. He was always gracious, taking the time to engage with shareholders and was...
Read moreRNC Minerals (TSX: RNX) (RNC) is pleased to announce it will be displaying the recently-discovered "Father's Day Vein" gold specimens, which it believes are among the largest of their kind ever unearthed, at the Tucson Gem and Mineral Show® (TGMS) from February 14-17, 2019. According to TGMS, this is the largest, oldest and most prestigious gem and mineral show in...
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© Copyright 2022 insidexploration.com | Multimedia and analytical due diligence database for the investing community | Contact us: insidexploration@gmail.com