Precious Metals

RNC Minerals announced that Orford Mining Corporation (44 percent owned by RNC) is set to begin drilling at its Carolina gold properties.

RNC Minerals (TSX:RNX) announced that Orford Mining Corporation (TSXV:ORM) (44 percent owned by RNC) has begun the mobilization of drill rigs to begin drilling at its Carolina gold properties in North and South Carolina. Drilling will target high quality geological and geophysical targets consistent with haile gold deposit style mineralization. The first phase of drilling will total approximately 1,400 metres and Orfordexpects to receive assay results beginning in June.

As quoted in the press release:

At the Landrum-Faulkner property, drilling will target multiple parallel zones of sericitic and silicic alteration extending over the entire length of the grid associated with strong IP anomalies. One of these zones is coincident with a strong 600m-long chargeability and resistivity anomaly and extends under a historical surface grab sample occurrence of 6 g/t Au.

At the Jones-Keystone property drilling will target Induced Polarization (IP) anomalies extending over the entire 1,100m length of the grid and associated with possible extensions of historical gold mineralization that includes intersections of 104m grading 1.27g/t Au and 54m grading 1.56 g/t Au. Additionally, drilling will test several coincident chargeability and resistivity anomalies extending over 600 meters along strike in the previously undrilled southern portion of the property.

Click here to read the full RNC Minerals (TSX:RNX) press release.

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