- Ranger-01 discovery gap with a number of gold zones, together with 73.55 g/t Au and 19.50 g/t Ag from 227-234.5m (Desk 1).
- Discovery gap continues to be open at depth and in all instructions with casing left in place.
- Gold mineralization intersected at Rogue goal positioned 3km west, throughout regional strike from Ranger.
- Rottenstone SW land bundle not too long ago elevated to a complete of 32,715 Ha. (Determine 1)
“We’re thrilled to make a major gold discovery and be the primary mover in a possible new gold district. Our discovery gap is open in all instructions with the final reportable intercept being very near the underside of the opening. Along with the Ranger goal, our Rogue goal additionally encountered gold which factors to the potential for a sturdy gold system on our property,” states Jordan Black, the Firm’s Chief Government Officer.
Determine 1: Rottenstone SW – Up to date Claims Map
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| Highlights | ||||||
| HOLE ID | From (m) | To (m) | Interval (m) | Au (g/t) | Ag (g/t) | Goal |
| Ranger-01 | 227 | 234.5 | 7.5 | 73.55 | 19.50 | Ranger |
| Together with | 227 | 228.5 | 1.5 | 164.00 | 33.50 | |
| Together with | 230 | 231.5 | 1.5 | 182.00 | 60.80 | |
| Together with | 231.5 | 233 | 1.5 | 19.90 | 2.70 | |
| Ranger-01 | 293 | 298 | 5 | 4.17 | 1.01 | Ranger |
| Together with | 293 | 294.5 | 1.5 | 6.18 | 1.40 | |
| Together with | 296 | 297.5 | 1.5 | 7.28 | 1.90 | |
| Ranger-01 | 307 | 310 | 3 | 1.81 | 0.37 | Ranger |
| Together with | 307 | 308 | 1 | 2.54 | 0.60 | |
| Together with | 309 | 310 | 1 | 2.85 | 0.50 | |
| Rogue-01 | 14 | 18.5 | 4.5 | 0.66 | 0.27 | Rogue |
| Together with | 14 | 15.5 | 1.5 | 1.15 | 0.50 | |
| Together with | 17 | 18.5 | 1.5 | 0.81 | 0.30 | |
| Rogue-02 | 216.5 | 218 | 1.5 | 0.60 | – | Rogue |
| Rogue-03 | 243 | 244 | 1 | 1.22 | 0.90 | Rogue |
| * Values denoted with “-” haven’t but been assayed for Ag | ||||||
Desk 1: Highlighting vital outcomes obtained from Ranger-01, Rogue-01, Rogue-02, & Rogue-03. True widths are unknown right now.
Determine 2: Rottenstone SW – Winter 2024 Drill Holes.
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Ranger Goal
Ranger-01 drillhole was drilled to a depth of 314m and examined a conductive anomaly roughly 3km east-south-east of the Rogue goal (Determine 2). Prospecting in October 2023 found angular, ultramafic boulders and outcrop at this location. Two samples from the October program, 170677 and 170681, returned vital gold values of 5.11 g/t and 1.09 g/t, respectively. After additional inspection, it has been decided that Quartz diorite was intersected from 145.05m till the tip of the opening at 314m. The principle intrusive physique was cross-cut with mafic dykes and skinny bands of granitic materials. The high-grade sections famous in Desk 1 contained very fine-grained seen gold. Mineralization was positioned inside larger pressure zones with extra pronounced foliation and could be seen within the figures under.
Determine 3: Ranger-01, core containers 51 & 52 exhibiting mineralized interval 225.50-234.48m of granitoids crosscutting large Quartz Diorite. Core in Determine 4 is circled in purple.
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Determine 4: exhibiting 231.15 – 231.27m of Ranger-01 with location of seen gold circled. This part falls inside the highlighted intercept of 73.55 g/t Au over 7.5m.
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Determine 5: 20X magnification of seen gold from circled space in Determine 4 above
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Determine 6: 30X magnification exhibiting fine-grained gold and silver smear alongside reduce face of 231.15-231.27 part (Determine 4).
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Rogue Goal
The Rogue goal additionally exhibits vital potential for gold. Three drill holes totalling 866m had been drilled on the Rogue goal. All three holes intersected gold mineralization. The gold mineralization intersected to this point at Rogue seems to be related to late-stage granitic pegmatites. The Firm speculates that the a number of low-grade intercepts (Desk 3) and alteration types encountered (Determine 7) at Rogue level to the potential of a major gold system on the property. The Rogue and Ranger targets are positioned roughly 3km aside, throughout regional strike.
Regardless of no vital nickel or copper mineralization being intersected, the Firm believes there could also be a spatial relationship between the pyrrhotite wealthy sulphide zones encountered and the gold mineralization within the area.
Determine 7: Rogue-02, core containers 73-76 exhibiting intensely altered metavolcanics with silica flooding and quartz veins. The picture is for geologic context and never consultant of mineralized zones encountered on the Rogue goal.
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| HOLE ID | Depth (m) | Easting* | Northing* | Elevation (m) | Dip | Azimuth | Goal | |
| Rogue-01 | 250.30 | 490106 | 6208238 | 470 | -70 | 100 | Rogue | |
| Rogue-02 | 350.00 | 490103 | 6208240 | 470 | -50 | 325 | Rogue | |
| Rogue-03 | 266.00 | 490006 | 6208293 | 471 | -70 | 030 | Rogue | |
| Ranger-01 | 314.00 | 492758 | 6206675 | 437 | -60 | 310 | Ranger | |
| *Coordinates in UTM NAD83 Zone 13 | ||||||||
Desk 2: Winter 2024 Rottenstone SW Drill Gap Abstract
Expanded Outcomes
| HOLE ID | From (m) | To (m) | Interval (m) | Au (g/t) | Ag (g/t) | Goal |
| RANGER-01 | ||||||
| Ranger-01 | 58.5 | 60 | 1.5 | 0.25 | 0.30 | Ranger |
| 219 | 220 | 1 | 0.52 | – | ||
| 220 | 221 | 1 | 0.52 | – | ||
| 227 | 228.5 | 1.5 | 164.00 | 33.50 | ||
| 228.5 | 230 | 1.5 | 0.87 | 0.40 | ||
| 230 | 231.5 | 1.5 | 182.00 | 60.80 | ||
| 231.5 | 233 | 1.5 | 19.90 | 2.70 | ||
| 233 | 234.5 | 1.5 | 0.99 | 0.40 | ||
| 234.5 | 235 | 0.5 | 0.34 | |||
| 235 | 236 | 1 | 0.23 | |||
| 238.5 | 239 | 0.5 | 0.27 | – | ||
| 281 | 282.5 | 1.5 | 0.26 | |||
| 282.5 | 284 | 1.5 | 0.25 | |||
| 293 | 294.5 | 1.5 | 6.18 | 1.40 | ||
| 296 | 297.5 | 1.5 | 7.28 | 1.90 | ||
| 297.5 | 298 | 0.5 | 0.91 | 0.20 | ||
| 307 | 308 | 1 | 2.54 | 0.60 | ||
| 309 | 310 | 1 | 2.85 | 0.50 | ||
| 310 | 311 | 1 | 0.27 | |||
| ROGUE-01 | ||||||
| Rogue-01 | 14 | 15.5 | 1.5 | 1.15 | 0.50 | Rogue |
| 17 | 18.5 | 1.5 | 0.81 | 0.30 | ||
| 31.63 | 33.13 | 1.5 | 0.84 | |||
| 34.63 | 35.65 | 1.02 | 0.46 | |||
| 46.15 | 47.65 | 1.5 | 0.29 | 0.30 | ||
| 49.15 | 50.65 | 1.5 | 0.24 | |||
| 61.89 | 63.39 | 1.5 | 0.21 | |||
| 76.37 | 77.87 | 1.5 | 0.25 | 0.20 | ||
| ROGUE-02 | ||||||
| Rogue-02 | 216.5 | 218 | 1.5 | 0.60 | – | Rogue |
| ROGUE-03 | ||||||
| Rogue-03 | 243 | 244 | 1 | 1.22 | 0.90 | Rogue |
| * Values denoted with “-” haven’t but been assayed for Ag | ||||||
| ** a cutoff grade of 0.2g/t Au has been used for values on this desk | ||||||
Desk 3: Outcomes obtained over 0.2 g/t Au from Ranger-01, Rogue-01, Rogue-02, & Rogue-03. True widths are unknown right now
“We couldn’t be happier with the outcomes from the primary ever drill program at Rottenstone SW,” commented Garrett Smith, VP Exploration for Ramp Metals. “Whereas gold wasn’t what we had been on the lookout for on the market, this simply goes to point out what can occur once you truly exit and check new targets. It additionally highlights the significance of assaying each meter of core that’s drilled, as this discovery may have simply been missed in any other case. We sit up for following up on these outcomes and exhibiting the true potential of this new gold discovery in Saskatchewan.”
Subsequent Steps
The Firm is presently within the allowing and session course of for an intensive geophysical, mapping, and sampling program. A observe up fall/winter drill program can also be being deliberate.
Additional assays will likely be submitted in choose sections to fill in Multi-Component gaps in outcomes in addition to complete rock evaluation to assist in additional investigation and evaluation.
Because of the invention, the Firm is planning to shift its focus from battery metals to gold exploration and will likely be updating its web site and company presentation within the close to future.
Geochemical Sampling Procedures
All drill core samples had been despatched to Saskatchewan Analysis Council Geoanalytical Laboratories (“SRC”) in Saskatoon, Saskatchewan (an accredited laboratory) by safe transport for base and treasured metallic assay. Base metals had been assayed by their ICP3 base metallic bundle, which features a complete of 35 analytes by ICP-OES. All samples that had been assayed by the ICP3 base metallic bundle have been analyzed for gold, platinum and palladium utilizing the AU5 Fireplace Assay Method. Any remaining samples not despatched for ICP3/AU5 had been assayed utilizing the AU2 Fireplace Assay Method.
All drill holes are systematically logged, photographed and sampled by a educated geologist at Ramp Metals’ safe core processing facility. Drill core samples are marked in intervals of as much as 1.5m and reduce in half utilizing a diamond noticed with half despatched for assay and the opposite half saved for reference. Samples are then bagged and zip-tied, with 10-13 bagged samples positioned into sealed rice luggage for transport to SRC by Firm personnel straight. Pattern QA/QC procedures had been utilized by inserting an everyday and systematic schedule of requirements, blanks and duplicates into the pattern stream. Licensed commonplace reference materials, blanks and duplicates had been inserted into the pattern stream at a minimal goal of 5% insertion charge along with the laboratory’s inner high quality assurance packages. Blanks had been inserted in the beginning of every batch (35-36 samples) and moreover on the discretion of a educated geologist after samples of excessive sulphide content material. Licensed commonplace reference materials and duplicates had been inserted into the pattern sequence at a charge of 1 in each 30 samples every, alternating between a normal and duplicate each 15 samples.
The Rottenstone SW Property
The Rottenstone SW property is positioned within the Rottenstone Area, in Northern Saskatchewan, Canada, roughly 115 kilometers North of La Ronge, Saskatchewan. The property consists of 19 mineral deposit claims overlaying roughly 32,715 hectares. The Rottenstone SW property is positioned alongside a regional NE-SW construction from the historic Rottenstone Mine, which produced 40,000 tons of high-grade nickel-copper-platinum group components plus gold (Ni-Cu-PGE + Au) ore grading 3.28% Ni, 1.83% Cu and 9.63 g/t (Pt-Pd-Au).
Certified Particular person
Brett Williams, P.Geo., VP Operations and Senior Geologist for Ramp Metals, and a “certified individual” below Nationwide Instrument 43-101 Requirements of Disclosure for Mineral Tasks, has reviewed and accepted the technical content material on this information launch.
About Ramp Metals Inc.
Ramp Metals is a grassroots exploration firm with a concentrate on a possible new Saskatchewan gold district. The corporate presently has new high-grade gold discovery of 73.55 g/t Au over 7.5m at its flagship Rottenstone SW property. The Rottenstone SW property contains of 32,715 hectares and is located within the Rottenstone Area.
Neither TSX Enterprise Change nor its Regulation Providers Supplier (as that time period is outlined within the insurance policies of the TSX Enterprise Change) accepts accountability for the adequacy or accuracy of this launch.
FORWARD-LOOKING STATEMENTS
This information launch comprises “forward-looking statements” inside the which means of relevant securities legal guidelines. All statements contained herein that aren’t clearly historic in nature might represent forward-looking statements. Usually, such forward-looking data or forward-looking statements could be recognized by means of forward-looking terminology reminiscent of “plans”, “expects” or “doesn’t count on”, “is predicted”, “price range”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “doesn’t anticipate”, or “believes”, or variations of such phrases and phrases or might include statements that sure actions, occasions or outcomes “might”, “may”, “would”, “may” or “will likely be taken”, “will proceed”, “will happen” or “will likely be achieved”. The forward-looking data and forward-looking statements contained herein embrace, however aren’t restricted to, statements relating to the Firm’s exploration actions.
These statements contain recognized and unknown dangers, uncertainties and different components, which can trigger precise outcomes, efficiency or achievements to vary materially from these expressed or implied by such statements, together with however not restricted to: necessities for added capital; future costs of minerals; modifications usually financial situations; modifications within the monetary markets and within the demand and market value for commodities; different dangers of the mining business; the lack to acquire any crucial governmental and regulatory approvals; modifications in legal guidelines, laws and insurance policies affecting mining operations; hedging practices; and foreign money fluctuations.
Though the Firm has tried to determine vital components that might trigger precise actions, occasions or outcomes to vary materially from these described in forward-looking statements, there could also be different components that trigger actions, occasions or outcomes to vary from these anticipated, estimated or meant. Accordingly, readers shouldn’t place undue reliance on any forward-looking statements or data. No forward-looking assertion could be assured. Besides as required by relevant securities legal guidelines, forward-looking statements converse solely as of the date on which they’re made and the Firm doesn’t undertake any obligation to publicly replace or revise any forward-looking assertion, whether or not on account of new data, future occasions, or in any other case.
For additional data, please contact:
Ramp Metals Inc.
Jordan Black
Chief Government Officer
jordaneblack@rampmetals.com
Prit Singh
Director
905 510 7636
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