Randsburg Reports Assays of up to 7.59% P2O5, 18.94% TiO2% and 57.05% Fe2O3 at Nathalie Phosphate Project
Published : September 06, 2012
( 0 vote, 0/5 ) Print article
  Article Comments Comment this article Rating Follow Company  
0
Send
0
comment
Keywords :   Gold | Iron | Market | Phosphate |

TORONTO, ONTARIO--(Marketwire - Sept. 6, 2012) - Randsburg International Gold Corporation (News - Market indicators) ("Randsburg" or the "Company") announced today that it has received assay results from prospecting and mapping on its Nathalie Phosphate Project including results as high as 7.59% P2O5, 18.94% TiO2% and 57.05% Fe2O3. The project is located approximately 45 kilometres north of the port of Baie-Comeau, Quebec, on the north shore of the St. Lawrence River.

The property consists of 93 contiguous claim blocks totaling approximately 11,900 acres. The Nathalie project is prospective for phosphate, iron and titanium.

The Nathalie Project has excellent infrastructure with asphalt road access from the property to the port and industrial City of Baie-Comeau and electrical power five kilometres away. With heavy lift handling capabilities and labor expertise, the Port of Baie-Comeau is well adapted to a variety of cargoes. The terminal is open year-round and benefits from a ro-ro ramp and a railcar ferry service to Matane via the Canadian National (CN) railway system. In February the City of Baie-Comeau announced a $250 million plan for the establishment of an ore transshipment center and a deepwater dock. Future investments may also expand road and rail access to areas north of the City.

Randsburg's management is planning a follow-up program because (a) results exceeded expectations and (b) only a small portion of the numerous outcrops on the property has been studied. Further prospecting, mapping and sampling to determine continuity among the various anomalies is planned as well as a magnetic/radiometric survey to outline potential further targets.

Visible apatite can be seen in several mafic outcrops. Various outcrops were located and sampled. Channel samples were also taken at Site A (GPS location 561002E, 5500712 N) and at Site B, the David anomaly (564241E, 5502969N). The Nathalie Channel samples at Site A consisted of seven sections 1 metre in length, 2 cm in width and approximately 8.0 cm in depth. Site B consisted of four sections of the same dimensions. 37 samples in total were sent for assay. The results are listed below. The geochemical analysis show an average P2O5 content of 3.62%, 28.86% Fe2O3 and 6.26% TiO2 for sampled outcrops and 4.09% P2O5, 24.26% Fe2O3 and 5.33% TiO2 for the Nathalie channel samples. The channel results for the David anomaly were low for phosphate (0.23%) but contained an average of 6.41% for TiO2 and 20.33% Fe2O3.

Quality assurance / Quality Control ("QA/QC")

Samples averaging 2.6 kilograms weight each were taken by Randsburg personnel under the supervision of Brian Docherty P.Geo. Samples were bagged, sealed and numbered on-site, and delivered to the ALS Laboratory Group facility in Val-d'Or (Quebec) for analysis using the ME-XRF06 and ME-XRF10 Methods. At the laboratory facility, samples were inventoried, weighed and dried; crushed 70% to under 2 millimetres; riffled split with a 250 gram sub-sample pulverized 85% to under 75 microns; then followed by analysis. A table of results is presented below.

Sample# *Easting *Northing % P2O5 % Fe2O3 % TiO2
698606 560701 5500410 2.30 38.33 7.02
698607 560562 5500218 5.64 30.98 7.98
698608 560605 5500269 4.82 28.59 7.08
698609 560698 5500546 1.59 57.05 14.74
698610 561638 5500648 4.72 30.09 7.22
698611 560817 5501610 0.11 55.22 0.32
698612 560244 5501030 4.96 23.13 5.83
698613 560244 5501030 0.30 9.72 0.31
698614 561634 5500646 5.43 31.29 8.27
698669 561631 5500655 2.51 30.02 4.09
698670 561633 5500670 3.73 23.29 5.86
698671 561651 5500676 7.59 27.62 6.98
698615 561672 5500681 1.87 56.86 18.94
698616 561649 5500711 3.93 23.04 4.58
698672 561646 5500648 4.65 21.59 4.07
698617 560817 5501609 4.67 24.95 6.12
698618 560812 5501616 0.47 9.02 0.94
698619 560896 5501503 3.01 16.55 4.89
698620 560879 5501506 5.41 25.37 5.48
698673 564175 5503153 4.42 33.05 6.90
698621 561001 5500712 0.21 22.32 4.06
698674 560650 5500765 3.26 30.25 5.87
698675 560721 5500474 4.52 21.29 4.95
698676 560767 5500421 6.36 26.23 7.06
698677 560691 5500385 4.11 25.54 6.57
698678 561002.9 5500716 4.63 23.76 4.48
698679 561002.7 5500715 3.52 22.27 4.80
698680 561002.6 5500714 2.21 15.58 3.68
698681 561001.7 5500713 4.91 28.83 6.59
698682 561001.5 5500712 4.60 26.47 6.22
698683 561001.3 5500710 4.29 24.75 5.39
698684 561001.4 5500711 4.42 26.78 5.97
698685 561002.5 5500712 4.12 25.63 5.48
698686 564243.6 5502968 0.80 22.07 6.95
698687 564245.2 5502969 0.06 10.43 3.89
698688 564246.3 5502968 0.02 25.23 8.33
698689 564247 5502969 0.02 23.57 6.47

Assay sample locations and selected compound results

* UTM NAD 83 Zone 19

The technical information in this news release was approved by Brian F. Docherty, Professional Geoscientist, a Consultant to Randsburg, who is a Qualified Person under the meaning of National Instrument 43-101.

On behalf of the Board of Directors of Randsburg International Gold Corp.

Michael Opara, President and Chief Executive Officer



Randsburg International Gold Corp.
Michael Opara
President and Chief Executive Officer
416-486-4078
info@randsburginternational.com

Randsburg Intl Gold Corp

EXPLORATION STAGE
CODE : RGZ.V
ISIN : CA7529092008
Follow and Invest
Add to watch list Add to your portfolio Add or edit a note
Add Alert Add to Watchlists Add to Portfolio Add Note
ProfileMarket
Indicators
VALUE :
Projects & res.
Press
releases
Annual
report
RISK :
Asset profile
Contact Cpy

Randsburg Gold is a gold exploration company based in Canada.

Its main exploration properties are ELEPHANT GOLD & SILVER JV PROJECT and TITAN PROJECT in USA and VICTORY STRIKE PROJECT and EMPIRE PROJECT in Brazil.

Your feedback is appreciated, please leave a comment or rate this article.
Rate : Average note :0 (0 vote) View Top rated
 
Option Grants of Randsburg Intl Gold Corp
3/14/2008Announces Stock Options
Nominations of Randsburg Intl Gold Corp
10/1/2007Appoints Miles Nagamatsu as Chief Financial Officer
Project news of Randsburg Intl Gold Corp
3/10/2008(Empire Project)INCREASES INTEREST IN THE EMPIRE PROJECT
2/25/2008(Victory Strike Project)COMMENCES VICTORY STRIKE BULK SAMPLING PROGRAM
Corporate news of Randsburg Intl Gold Corp
9/6/2012Reports Assays of up to 7.59% P2O5, 18.94% TiO2% and 57.05% ...
11/13/2007ISSUES VICTORY STRIKE UPDATE
Comments closed
 
Latest comment posted for this article
Be the first to comment
Add your comment
TSX-V (RGZ.V)Other OTC (RBGDF)
0.010+0.00%0.030+2900.00%
TSX-V
CA$ 0.010
06/29 13:27 -
0%
Prev close Open
0.010 0.010
Low High
0.010 0.010
Year l/h YTD var.
 -  -
52 week l/h 52 week var.
- -  0.010 -%
Volume 1 month var.
9,200 -%
24hGold TrendPower© : -37
Produces
Develops
Explores for Gold - Silver - Titanium - Vanadium
 
 
 
Analyse
Interactive chart Add to compare
Interactive
chart
Print Compare Export
You must be logged in to use the porfolio and watchlists (free)
Top Newsreleases
MOST READ
Annual variation
DateVariationHighLow
 
5 years chart
 
3 months chart
 
3 months volume chart
 
 
Mining Company News
Plymouth Minerals LTDPLH.AX
Plymouth Minerals Intersects Further High Grade Potash in Drilling at Banio Potash Project - Plannin
AU$ 0.12-8.00%Trend Power :
Santos(Ngas-Oil)STO.AX
announces expected non-cash impairment
AU$ 7.70-0.65%Trend Power :
Oceana Gold(Au)OGC.AX
RELEASES NEW TECHNICAL REPORT FOR THE HAILE GOLD MINE
AU$ 2.20+0.00%Trend Power :
Western Areas NL(Au-Ni-Pl)WSA.AX
Advance Notice - Full Year Results Conference Call
AU$ 3.86+0.00%Trend Power :
Canadian Zinc(Ag-Au-Cu)CZN.TO
Reports Financial Results for Q2 and Provides Project Updates
CA$ 0.12+4.55%Trend Power :
Stornoway Diamond(Gems-Au-Ur)SWY.TO
Second Quarter Results
CA$ 0.02+100.00%Trend Power :
McEwen Mining(Cu-Le-Zn)MUX
TO ACQUIRE BLACK FOX FROM PRIMERO=C2=A0
US$ 12.43+4.10%Trend Power :
Rentech(Coal-Ngas)RTK
Rentech Announces Results for Second Quarter 2017
US$ 0.20-12.28%Trend Power :
KEFIKEFI.L
Reduced Funding Requirement
GBX 0.53-1.87%Trend Power :
Lupaka Gold Corp.LPK.V
Lupaka Gold Receives First Tranche Under Amended Invicta Financing Agreement
CA$ 0.06+0.00%Trend Power :
Imperial(Ag-Au-Cu)III.TO
Closes Bridge Loan Financing
CA$ 2.65-1.49%Trend Power :
Guyana Goldfields(Cu-Zn-Pa)GUY.TO
Reports Second Quarter 2017 Results and Maintains Production Guidance
CA$ 1.84+0.00%Trend Power :
Lundin Mining(Ag-Au-Cu)LUN.TO
d Share Capital and Voting Rights for Lundin Mining
CA$ 16.06+2.95%Trend Power :
Canarc Res.(Au)CCM.TO
Canarc Reports High Grade Gold in Surface Rock Samples at Fondaway Canyon, Nevada
CA$ 0.24+4.26%Trend Power :
Havilah(Cu-Le-Zn)HAV.AX
Q A April 2017 Quarterly Report
AU$ 0.20+2.63%Trend Power :
Uranium Res.(Ur)URRE
Commences Lithium Exploration Drilling at the Columbus Basin Project
US$ 6.80-2.86%Trend Power :
Platinum Group Metals(Au-Cu-Gems)PTM.TO
Platinum Group Metals Ltd. Operational and Strategic Process ...
CA$ 1.88+0.53%Trend Power :
Devon Energy(Ngas-Oil)DVN
Announces $340 Million of Non-Core Asset Sales
US$ 52.65+0.08%Trend Power :
Precision Drilling(Oil)PD-UN.TO
Announces 2017Second Quarter Financial Results
CA$ 8.66-0.35%Trend Power :
Terramin(Ag-Au-Cu)TZN.AX
2nd Quarter Report
AU$ 0.04+5.56%Trend Power :