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News Release

Tuesday, December 22, 2020: RT MINERALS CORP. ANNOUNCES FINAL ASSAY RESULTS FROM THE NORWALK GOLD PROPERTY, WAWA, ONTARIO. DRILLING TO RESUME AT LINK-CATHARINE GOLD DISCOVERY, NEAR KIRKLAND LAKE, ONTARIO, IN JANUARY 2021

Vancouver, B.C. – December 22, 2020 ‐ RT Minerals Corp. (TSXV: RTM) (OTC Pink: RTMFF) (the “Company”, “RTM”) announces the completion of the current phase of drilling with assays from the Company’s 100% owned Norwalk gold property (“Norwalk”) located near Wawa, Ontario, Canada.

 

 

NORWALK PROPERTY, WAWA, ONTARIO DRILLING UPDATE

 

Further to the press releases of November 16 and December 1, 2020, the Company has completed a 1,404 metre drill program at Norwalk and announces that no significant gold mineralization was encountered in the four hole Phase One drill program. 

 

 

The Norwalk property is comprised of 12 single cell claims and 21 boundary cell claims, covering an area of 460 hectares and is subject to a 2% net smelter return royalty retained by the original property vendors.

 

 

A further 60 untested near surface geophysical anomalies remain on the eastern portion of the property. Testing of these targets will not be undertaken at this time, as the Company will now focus its exploration efforts on the Link-Catharine RLDZ gold property near Kirkland Lake, Ontario.

 

 

LINK-CATHARINE RDLZ PROPERTY, KIRKLAND LAKE, ONTARIO

 

 

The Company will initiate drilling at the Link-Catharine RLDZ property in January 2021 to follow up the significant discovery of the three separate sub-parallel / en-echelon gold sections encountered by RTM drilling in October and November 2020 and as detailed in the Company’s press release of December 1, 2020.

 

 

Mr. Garry Clark, P.Geo., is the Independent Qualified Person for the Norwalk and Link-Catharine RLDZ gold properties and he has reviewed and approves the technical contents of this press release.

 

 
About RT Minerals Corp.

RT Minerals Corp. is a junior exploration company listed on the TSX Venture Exchange under the symbol “RTM” and has 40,050,963 shares issued and outstanding. The Company holds 100% interest in the Norwalk gold property located near Wawa, Ontario. The Company also holds an option to acquire 100% interest in the Link-Catharine RLDZ gold property comprised of 15 unpatented single cell mining claims with a total area of 220 hectares in one claim block located approximately 25 km SSE of the Town of Kirkland Lake, Ontario.

 

For more information on the Company and its properties, please visit the Company’s website at www.rtmcorp.com.

 

FOR FURTHER INFORMATION CONTACT:

Donald M. Clark
Chairman, President and Chief Executive Officer
RT Minerals Corp.
Telephone: 604-681-3170
Fax: 604-681-3552

 

Neither the TSX Venture Exchange nor its Regulation Service Provider (as the term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy of accuracy of this news release.

Forward-Looking Statements This news release contains certain forward-looking statements, which relate to future events or future performance (including, but not limited to, the overall size of the Offering, the proposed use of proceeds and the expected closing of any tranches thereof) and reflect management’s current expectations and assumptions. Such forward-looking statements reflect management’s current beliefs and are based on assumptions made by and information currently available to the Company.  Readers are cautioned that these forward-looking statements are neither promises nor guarantees, and are subject to risks and uncertainties that may cause future results to differ materially from those expected including, but not limited to, market conditions, availability of financing, actual results of the Company’s exploration and other activities, environmental risks, future metal prices, operating risks, accidents, labor issues, delays in obtaining governmental approvals and permits, and other risks in the mining industry.  All the forward-looking statements made in this news release are qualified by these cautionary statements and those in our continuous disclosure filings available on SEDAR at www.sedar.com.  These forward-looking statements are made as of the date hereof and the Company does not assume any obligation to update or revise them to reflect new events or circumstances save as required by applicable law.

Disclaimer

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

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