Opawica Explorations Inc.

Published : June 18th, 2016

RT MINERALS CORP. ANNOUNCES GROUND EXPLORATION PROGRAM

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Keywords :   Georgia | Gold | Gold Mine | Mines | Silver |

RT MINERALS CORP. ANNOUNCES GROUND EXPLORATION PROGRAM

Wednesday, June 1, 2016: RT MINERALS CORP. ANNOUNCES GROUND EXPLORATION PROGRAM

Vancouver, B.C. - June 1, 2016 ‐ RT Minerals Corp. (TSX.V: RTM) (the 'Company') is pleased to announce that a Phase I ground exploration program is set to commence in the next few days on the Company's 100% owned, subject to retained royalty, Ballard Lake gold property, situated approximately 51 km northwest of Wawa, Ontario in the Echum and Dolson Townships.

Work will include a stripping and sampling program of historic trenches where grab samples have assayed as high as 120 gpt gold and 387 gpt silver (SSM Mines Office File #1696). The exploration model for the project is that of a quartz-carbonate vein system associated with brittle ductile shear zones and folds in deformed and altered mafic volcanic. Good examples of these types of deposits are the Renabie, Nudulama and Braminco Mines (past producers) located 20 km northeast of Ballard Lake. Consultation is underway with First Nations.

The Company will announce a drill program on the property upon approval of a filed permit with the Ministry of Mines and First Nations.

The Company closed a unit private placement on May 16, 2016 to raise gross proceeds of $425,000, of which $225,000 consists of flow-through funds to be spent on exploration programs on the Ballard Lake property.

The Company also anticipates receiving 1,000,000 common shares of Opawica Explorations Inc. (TSX.V: OPW) ('Opawica') in connection with the Company's sale of the Bazooka and McWatters properties to a third party in October 2015 that subsequently entered into an agreement dated February 25, 2016 to sell these properties to Opawica in a property transaction that is expected to close this month. The receipt of these shares is subject to closing of the property transaction by Opawica and the shares will be restricted from trading for four months. Opawica is related to the Company by virtue of common directors.

In addition to the Ballard Lake property, the Company also holds a 100% interest, subject to retained royalty, in the Golden Stock gold property in Cairo Township, Ontario, located several kilometers north east of the Young Davidson gold mine.

FOR FURTHER INFORMATION CONTACT:

Paul Antoniazzi

President and Chief Executive Officer

Tel: (604) 681-3170

Fax: (604) 681-3552

__________________

Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange)

accepts responsibility for the adequacy or accuracy of this release.

Disclaimer

The Canadian National Stock Exchange has neither approved nor disapproved of the information contained herein.

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Data and Statistics for these countries : Georgia | All
Gold and Silver Prices for these countries : Georgia | All

Opawica Explorations Inc.

EXPLORATION STAGE
CODE : OPW.V
ISIN : CA6834763030
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Opawica is a gold and copper development stage company based in Canada.

Opawica holds various exploration projects in Canada.

Its main exploration properties are MADOC DINGMAN, CHANCE and ATIKWA in Canada.

Opawica is listed in Canada and in United States of America. Its market capitalisation is CA$ 3.6 millions as of today (US$ 2.9 millions, € 2.6 millions).

Its stock quote reached its highest recent level on January 07, 2011 at CA$ 7.68, and its lowest recent point on January 01, 2016 at CA$ 0.01.

Opawica has 29 130 000 shares outstanding.

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Financings of Opawica Explorations Inc.
9/25/2008private placement oversubscribed
5/23/2008PRIVATE PLACEMENT UNIT OFFERING CLOSES
Project news of Opawica Explorations Inc.
7/8/2011(Atikwa)(TSX VENTURE:OPW) Drilling Update From Atikwa Lake Gold-Copp...
7/21/2010Preliminary Scoping Study Pending, Opawica Continues Drillin...
2/4/2009(Madoc Dingman)Announces Resources and Update for the Atikwa Lake Gold-Copp...
2/4/2009(Atikwa)Announces Resources and Update for the Atikwa Lake Gold-Copp...
5/22/2008(Atikwa)'s Atikwa Lake and Dingman properties continue to return pro...
Corporate news of Opawica Explorations Inc.
6/18/2016RT MINERALS CORP. ANNOUNCES GROUND EXPLORATION PROGRAM
12/12/2014Opawica Abandons Teck Property Option
11/17/2014Opawica Announces Proposed Private Placement
9/2/2014Opawica Mobilizes Teck Property Trenching and Diamond Drill ...
10/30/2012Commences Field Program on Teck-Kirkland Property
3/25/2011
8/13/2008Exlorations announces it's most significant drill intercept ...
8/1/2008announces Atikwa Lake results
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