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Norwalk Gold Property

NORWALK GOLD PROPERTY, WAWA, ONTARIO


RTM owns 100% interest in the Norwalk Property, subject to a 2% Net Smelter Royalty, in the Norwalk Gold Property (the "Property") located approximately 6 kilometres south of the town of Wawa, Ontario. The Property is comprised of three unpatented mineral claims consisting of 29 units with a total area of 445 hectares.

NI 43-101 Technical Report

Map and Photo Gallery

Total Field Magnetics and Induced Polarization Maps


GOLD OCCURRENCES ADJACENT TO NORWALK PROPERTY


RTM's Norwalk Property is contiguous to the southern border of Red Pine Exploration Inc. - Wawa - Surluga Property. In December 2019, Red Pine secured a strategic alliance with Alamos Gold Inc. based on the Wawa-Surluga gold project (Red Pine December 31, 2019 News Release).

A 10 kilometre corridor of past producing gold mines, gold bearing structures and gold occurrences aligns south from Wawa Lake and includes some 2,800 metres of the Company's Norwalk Property where several historical gold occurrences are known.

RT Minerals Corp. is one of many land holders in the Hemlo-Wawa-Borden Lake gold region. Mines present in the area are Richmont Mines Inc. (Island Gold Mine); Barrick Gold Corporation (Williams Mine - Hemlo Operations); and Wesdome Gold Mines Ltd. (Eagle River Complex - two gold mines with one mill). Advanced gold properties include Goldcorp Inc. (Borden Project); Harte Gold Corp. (Sugar Zone property); and Red Pine Exploration Inc. (Wawa gold property and Surluga gold deposit).


WORK PROGRAM


2020 DRONE MAGNETIC MAPS


On November 22, 2016, the Company announced high grade gold assays ranging from 0.23 g/Mt to 70.0 g/Mt Au from 9 surface grab samples collected from muck piles at the Norwalk Gold Mine and Gananoque Vein. See news release dated November 22, 2016.

On May 8, 2017, the Company announced that it would commence a surface magnetic and induced polarization geophysical program on the Property. See news release dated May 8, 2017.

On August 22, 2017, the Company announced high grade gold assays of up to 64.04 g/Mt Au from 32 grab samples collected from muck piles, trenches and an adit at the historical Norwalk Gold Mine. See news release dated August 22, 2017.

On September 7, 2017, the Company announced that it had completed a 31 line kilometre Ground Magnetic and Induced Polarization ("IP") geophysical program on the Property that identified 69 near-surface IP anomalies on 27 east-west lines that occur throughout the Property. A Phase I drill program was mobilized. See news release dated September 7, 2017.

On October 19, 2017, the Company announced that it had completed 10 shallow NQ core drill holes (807 metres) on 5 of 69 IP targets, power stripping, prospecting, geological mapping and sampling of geophysical targets and historical gold showings on the Property. See news release dated October 19, 2017.

On March 2, 2018, the Company announced final assay results from the ten HQ core holes and deepened Hole N17-14 (813 metres) completed in January 2018. Drilling targeted the Red Carbonate Zone ("RCZ") and consistently intercepted structurally controlled quartz veining hosted within the RCZ, and the footwall and hanging-wall of the RCZ structure. Seven of the drill holes intersected significant gold mineralization (Table 1).

Table 1: Gold assays from split HQ core.
Drill Hole From (m) To (m) Core Length (m) EOH (m) Au (g/t) (Weighted Average)
N17-14 3.0 4.0 1.0 66 1.82
N17-14 21.0 22.0 1.0 - 11.8
N17-14 37.0 38.0 1.0 - 27.4
N18-17 34.3 34.7 0.4 48 1.99
N18-18 52.2 53.2 1.0 75 1.44
N18-19 44.1 45.1 1.0 63 0.58
N18-19 48.1 49.1 1.0 - 2.68
N18-21 74.6 75.3 0.7 114 4.26
N18-21 91.9 96.4 4.5 - 2.25
Incl. 91.9 92.9 1.0 - 3.53
Incl. 93.9 94.4 0.5 - 9.49
Incl. 95.4 96.4 1.0 - 1.51
N18-22 117.7 118.7 1.0 129 1.17
N18-22 121.0 121.6 0.6 - 2.44
N18-22 122.6 123.6 1.0 - 1.04
N18-23 44.1 44.6 0.5 78 1.02

Drilling demonstrates high- and low-grade, near surface gold mineralization along the tested strike-length of the target structure, which remains open along strike and depth. Drill holes were positioned to intersect gold-mineralized quartz veins at near right angles, so core length and true width of mineralized zones are similar.

NORWALK PROPERTY, WAWA, ONTARIO / DRILLING UPDATE - 2020

Pursuant to the Company's press release of November 16, 2020, a four hole program was completed by the Company. The holes tested the Red Carbonate Zone and contiguous stratigraphy. The drilling tested a large geophysical anomaly as well as the Gananoque vein on the northeastern flank of this anomaly. The drilling intersected some sulphides, quartz veining, shear zones and different facies of a newly discovered porphyritic host.

As announced by the Company on December 22, 2020, this drill program encountered no significant gold mineralization in the 1404 meter, four hole, Phase One drill program at Norwalk.

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 all of its exploration efforts on the Link-Catharine gold property near Kirkland Lake , Ontario.

For complete property disclosures and Quality Control on the Norwalk property, please see the Company's news releases.