{"id":9976,"date":"2018-02-02T10:00:18","date_gmt":"2018-02-02T15:00:18","guid":{"rendered":"https:\/\/wawa-news.com\/?p=9976"},"modified":"2018-02-02T10:00:18","modified_gmt":"2018-02-02T15:00:18","slug":"rt-minerals-purchases-golden-reed-mine-property","status":"publish","type":"post","link":"https:\/\/wawa-news.com\/index.php\/2018\/02\/02\/rt-minerals-purchases-golden-reed-mine-property\/","title":{"rendered":"RT Minerals Purchases Golden Reed Mine Property"},"content":{"rendered":"

Feb 2, 2018 @ 09:34<\/b><\/p>\n

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RT Minerals Corp. announces that pursuant to its news release dated October 25, 2017, the Company has exercised its option to acquire 100% interest in the Golden Reed Mine property located near Wawa, Ontario for consideration of a final option payment of 1,000,000 common shares of the Company which are subject to a four-month hold period expiring June 1, 2018. The Vendor retains a 2% net smelter royalty of which 1% can be purchased at any time for $1,000,000.<\/p>\n

ABOUT RT MINERALS CORP.<\/strong><\/p>\n

RT Minerals Corp. is a junior resource company engaged in the acquisition, exploration, and evaluation of primarily gold and diamond properties in Canada. The Company\u2019s principal mineral properties include the 100% optioned Norwalk<\/strong> and Dill River<\/strong> gold properties that are respectively contiguous to the southern and eastern borders of Red Pine Exploration Inc.\u2019s Wawa Gold Project near Wawa, Ontario; the 100% owned Golden Reed Mine<\/strong> gold property that is staked within Red Pine\u2019s Wawa Gold Project; the 100% owned Ballard Lake<\/strong> diamond and gold property located ~50 km ENE of Wawa, Ontario; and the 100% owned Dog Lake<\/strong> gold property located ~59 km NE of Wawa, Ontario.<\/p>\n

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  1. Ballard Lake Property<\/a><\/strong> – Diamond and gold property located approximately 50 kilometres northeast of Wawa, Ontario, in which the Company owns a 100% interest, subject to a 2% net smelter royalty.<\/li>\n
  2. Norwalk Property<\/a><\/strong> – Gold property located approximately 6 kilometres south of Wawa, Ontario, in which the Company has an option to earn a 100% interest, subject to a 2% net smelter royalty.<\/li>\n
  3. Dill River Property<\/a><\/strong> – Gold property located several kilometres southeast of Wawa, Ontario, in which the Company has an option to earn a 100% interest, subject to a 2% net smelter royalty. The property is contiguous to the eastern border of Red Pine Exploration Inc.\u2019s Surluga property.<\/li>\n
  4. Golden Reed Mine Property<\/a><\/strong> – Gold property located 6 kilometres southeast of Wawa, Ontario, in which the Company owns a 100% interest, subject to a 2% net smelter royalty. The property is staked within Red Pine\u2019s Wawa Gold Project.<\/li>\n
  5. Dog Lake Property<\/a><\/strong> – Gold property located 59 kilometres northeast of Wawa, Ontario, in which the Company owns a 100% interest, subject to a 2% net smelter royalty.<\/li>\n<\/ol>\n","protected":false},"excerpt":{"rendered":"

    Feb 2, 2018 @ 09:34   RT Minerals Corp. announces that pursuant to its news release dated October 25, 2017, the Company has exercised its option to acquire 100% interest in the Golden Reed Mine property located near Wawa, Ontario for consideration of a final option payment of 1,000,000 common shares of the Company which …<\/p>\n","protected":false},"author":3,"featured_media":9978,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[47],"tags":[1222,1223,1225,1224,873,447],"class_list":["post-9976","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-ballard-lake-property","tag-dill-river-property","tag-dog-lake-property","tag-golden-reed-property","tag-norwalk-property","tag-rt-minerals-corp"],"publishpress_future_action":{"enabled":false,"date":"2026-05-13 11:29:11","action":"change-status","newStatus":"draft","terms":[],"taxonomy":"category","extraData":[]},"publishpress_future_workflow_manual_trigger":{"enabledWorkflows":[]},"_links":{"self":[{"href":"https:\/\/wawa-news.com\/index.php\/wp-json\/wp\/v2\/posts\/9976","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/wawa-news.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wawa-news.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wawa-news.com\/index.php\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/wawa-news.com\/index.php\/wp-json\/wp\/v2\/comments?post=9976"}],"version-history":[{"count":1,"href":"https:\/\/wawa-news.com\/index.php\/wp-json\/wp\/v2\/posts\/9976\/revisions"}],"predecessor-version":[{"id":9979,"href":"https:\/\/wawa-news.com\/index.php\/wp-json\/wp\/v2\/posts\/9976\/revisions\/9979"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wawa-news.com\/index.php\/wp-json\/wp\/v2\/media\/9978"}],"wp:attachment":[{"href":"https:\/\/wawa-news.com\/index.php\/wp-json\/wp\/v2\/media?parent=9976"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wawa-news.com\/index.php\/wp-json\/wp\/v2\/categories?post=9976"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wawa-news.com\/index.php\/wp-json\/wp\/v2\/tags?post=9976"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}