News Releases

RNC Minerals Announces New Visible Gold Discovery at Surface and High Grade Intersections Revealed by Ongoing Review of Historic Higginsville Database; Recent RNC Drilling Extends Boundaries of Deposits in Open Pit Pipeline

Summary

Historical Database Review – Corona Project

  • RNC's ongoing review of Higginsville Gold Operations ("HGO") historical mineral resources and drill results has confirmed the potential of the Corona deposit as a future high-grade open pit and/or underground operation.
    • Highlights of historical drill results include1.2
      • VIND047:   657.9 g/t over 2.3m from 181.1 m
      • VIND049:   225.2 g/t over 1.9m from 201.5 m
      • VIND076:    60.9 g/t over 2.3m from 197.2 m
      • VIND092:    30.6 g/t over 2.05m from 165.3 m, including,147.0 g/t over 0.6 m
  1. All drilling intervals are down-hole lengths. Estimated true widths are expected to range from 60 to 70% of the downhole lengths.
  2. Intersections previously reported by Alacer Gold Corp. (news release, May 7, 2012 and August 1, 2012).
  • The Corona mineralization remains open up-dip, along-strike and down-dip
  • The Higginsville Resource Review has also identified further high grade targets for follow-up analysis and drilling at Hidden Secret and other prospects.

Hidden Secret and Mousehollow Drilling

  • Recent RNC drilling has extended mineralization at the Hidden Secret (HDS) and Mousehollow (MOH) projects, which now form part of RNC's near-term mine plan.
    • Intersection highlights from RNC's drill program include1:
      • HDSR0136:     15.1 g/t over 4 m from 24 m, including 47.8 g/t over 1 m
      • HDSR085:       24.8 g/t over 4 m from 17 m, including 92.6 g/t over 1 m
      • MOHR0055:    26.1 g/t over 3 m from 22 m
      • MOHR0075:     3.3 g/t over 19 m from 0 m
  1. Estimated true widths.
  • Visible gold has been discovered in a surface sample taken at the Hidden Secret project.

TORONTO, Feb. 27, 2020 /CNW/ - RNC Minerals (TSX: RNX) ("RNC" or the "Company") is pleased to announce initial results from the 2020 exploration program at its Higginsville ("HGO") operations. Recent drilling at Hidden Secret and Mousehollow has returned strong results, driving the expansion of proposed open pit dimensions at both projects.  As part of an ongoing review of the historic drilling database at Higginsville, high grade drill intersections have been revealed at the Corona prospect which is located 2.5km from the Higginsville mill. Additionally, RNC is also pleased to announce the discovery of visible gold in a surface sample taken at the Hidden Secret project.

Paul Andre Huet, Chairman & CEO, commented: "The early results of our recent drilling and historical data review at Hidden Secret, Mousehollow and Corona are very positive for the growing project pipeline at HGO.

As part of RNC's due diligence process during the acquisition of HGO last year, it became apparent that little exploration had been carried out across the property for many years, largely due to the onerous royalty covering a large portion of the tenements. The willingness of Morgan Stanley to work with us to reduce the royalty burden has opened up HGO for a renewed exploration program providing us economic incentive to explore and develop these areas to benefit all our stakeholders. While these early results are encouraging, work has only just begun and we are looking forward to the results of our renewed exploration focus on the recently unlocked 1,800km2 Higginsville land package."

Recent Hidden Secret and Mousehollow Drilling

Hidden Secret and Mousehollow are located within the Eundynie historical mining centre 10 km east of the HGO processing plant with mine workings dating back to the early 1900s (see Figure 1).

Figure 1:  Location of Hidden Secret and Mousehollow drilling and the Higginsville Central project area (CNW Group/RNC Minerals)

Following the re-negotiation of the Morgan Stanley royalty at HGO, RNC has completed a total of 204 reverse circulation ("RC") drill holes for 8,108 metres at Hidden Secret and Mousehollow. The drilling has confirmed the high grade nature of the mineralization (approximately 2.0 to 2.5 g/t) at both projects and has also extended mineralization along strike and down dip (see Figures 3, 4). Hidden Secret mineralization now has a strike length over 200 metres and a down-dip extent of 170 metres. Mousehollow currently totals 350 metres in strike length and has a down-dip extent of 150 metres.

Highlights from the drilling are listed below and show that mineralization extends to surface (MOHR0075), while also indicating that it is open at depth. Tables showing complete results and drill hole locations can be found at the end of this release. 

Hidden Secret1.:  

  • HDSR0076:     5.2 g/t over 3 m from 22 m
  • HDSR085:       24.8 g/t over 4 m from 17 m, including 92.6 g/t over 1 m
  • HDSR086:       5.6 g/t over 3 m from 8 m
  • HDSR098:       6.0 g/t over 7 m from 45 m, including 12.2 g/t over 3 m
  • HDSR0136:    15.1 g/t over 4 m from 24 m, including 47.8 g/t over 1 m
  • HDSR055:      4.0 g/t over 3 m from 24 m

Mousehollow1.

  • MOHR0055:     26.1 g /t over 3 m from 22 m
  • MOHR0075:    3.3 g/t over 19 m from 0 m
  • MOHR0078:    8.4 g/t over 4 m from 13 m
  • MOHR0111:    7.9 g/t over 3 m from 30 m
  • MOHR0106:     2.8 g/t over 8 m from 49 m
  1. Drillhole intervals are estimated true widths.

Further drilling is planned through the second quarter of 2020 to close-off the recently defined extensions to the Hidden Secret-Mouse Hollow mineralization. Final mine designs will then be completed ahead of near term mining.

Visible Gold mineralization found in surface sample at Hidden Secret

As part of the Company's normal pre-mining procedures, surface samples were collected for a metallurgical test program for the Hidden Secret and Mousehollow projects. When collecting the samples, visible gold was observed in an outcropping quartz vein within the boundary of the proposed Hidden Secret open pit (see Figure 2).

Figure 2: Visible gold circled in red in surface sample at Hidden Secret (CNW Group/RNC Minerals)

Historical underground workings with high grades at Hidden Secret

A review of records for the Hidden Secret area has revealed the historic "Hidden Secret North" mine where last known mining occurred in 1915.

Multiple historic shafts in the area extend to depths up to 120 metres, with historic records showing grades as high as 210g/t over approximately 0.9m. The potential below these workings is yet to be tested and could provide an opportunity for additional high grade mineralization. A detailed review of previous exploration in the vicinity of the historic workings is in progress.  

Figure 3: Hidden Secret Cross-section showing both recent RNC and historic drilling. Note: Downhole drill intervals approximate estimated true widths. (CNW Group/RNC Minerals)

Figure 4: Mousehollow Cross-section showing both recent RNC and historic drilling. Note: Downhole drill intervals approximate estimated true widths. (CNW Group/RNC Minerals)

Historical Database Review – Corona Prospect

As previously announced, RNC is undertaking a review of Historic Mineral Resources and drill results at Higginsville. The Company is presently focused on the Higginsville Central area which is close to existing infrastructure, including the Higginsville mill. The Higginsville Central is defined by near surface gold deposits over 6 km of strike south of the past-producing Trident gold deposit which produced 1.05 Mozs (see Figure 1).

A review of previous exploration work completed by Alacer Gold Corp. ("Alacer") has revealed a number of significant intersections, including the historical discovery of the Corona high grade, laminated quartz vein (the "Corona Prospect") which is located approximately 2.5 km south of the HGO processing plant. The historical discovery hole, VIND047, intersected 658g/t Au over 2.35 m (1.6 m estimated true width). The drill hole intersected a laminated quartz vein with arsenopyrite, galena and abundant free gold mineralization (Alacer Gold Corp. news release dated January, 24, 2012).

The ultra high grade mineralization (see Figure 5) occurs in an area approximately 150 metres to 180 metres below surface, centred around drill holes VIND047, VIND049, VIND076 and VIND092 (Alacer Gold Corp. news release, August 1, 2012). Drill intersections for these holes are listed below (tables showing additional historic results and drill hole locations can be found at the end of this release):

  • VIND047: 657.9 g/t over 2.3 m downhole from 181.1 m (Estimated true width – 1.6 m)
  • VIND049: 225.2 g/t over 1.9 m downhole from 201.5 m (Estimated true width – 1.3 m)
  • VIND076: 60.9 g/t over 2.3 m downhole from 197.2 m (Estimated true width – 1.6 m)
  • VIND092: 147.0 g/t over 0.6 m downhole from 165.7 m (Estimated true width – 0.4 m)

Historical drilling has shown the gold mineralization to be associated with a steeply east-dipping, north-south striking laminated quartz vein up to 2.0 metres wide (see Figure 5). The vein extends over 300 metres down dip, is continuous in strike over 50 to 100 metres lengths and is part of a more extensive 2 to 10 metre wide shear zone. Historical drilling indicates the ultra high grade mineralization is limited to 25 metres along strike and 90 metres down-dip as part of a more extensive, lower grade laminated quartz vein (Alacer Gold Corp. news release, August 1, 2012).

RNC has identified the Corona prospect as a high priority drill target for 2020 with initial drilling targeting near surface potential, up-dip of historical intersections.

Figure 5:  Corona cross-section showing historic drill holes centered around hole VIND047. Note: The core box photo shows the laminated quartz vein associated with the ultra high grade result from VIND047. In VIND059, the main quartz lode position is the revised RNC interpretation compared to the Alacer interpretation in Alacer Gold Corp’s news release dated August 1, 2012. (CNW Group/RNC Minerals)

Compliance Statement (JORC 2012 and NI 43-101)

The disclosure of scientific and technical information contained in this news release has been reviewed and approved by Stephen Devlin, Vice-President, VP Exploration & Growth, Salt Lake Mining Pty Ltd, a 100% owned subsidiary of RNC, a Qualified Person for the purposes of NI 43-101.

At the Higginsville Gold Operation reverse circulation chip sampling was conducted by RNC personnel. Samples are transported to Bureau Veritas Minerals Pty Ltd of Kalgoorlie and Perth for preparation and assaying by 40 gram (approx.) fire assay analytical method. Analytical accuracy and precision are monitored by the analysis of duplicates, additional blank material and certified standards inserted in the sample stream. Samples are weighed as received, dried and split to less than 3kg then pulverised by LM-5 to ensure a minimum 90% passing at -75µm.

The historical data referenced in this release has been reviewed under the supervision of Stephen Devlin, Vice-President, VP Exploration & Growth, Salt Lake Mining Pty Ltd, a 100% owned subsidiary of RNC, a Qualified Person for the purposes of NI 43-101, and is supported by relevant historic mineral resource reports which detail the QA/QC procedures used on drill samples and provide analysis of the results of all associated QA/QC samples including blanks, standards (CRM samples), check assays and duplicates.  All drilling from 2004 to present followed industry standard practices, with pre-2004 historic drilling not detailed but assumed to be similar to current practices (sources for such historical drill results are identified where applicable above). A qualified person has not done sufficient work to classify the historical estimate as a current mineral resource and RNC is not treating the historical estimates as a current mineral resource.

About RNC Minerals

RNC is focused on growing gold production and reducing costs at its integrated Beta Hunt Gold Mine and Higginsville Gold Operations ("HGO") in Western Australia. The Higginsville treatment facility is a low-cost 1.4 Mtpa processing plant which is fed at capacity from RNC's underground Beta Hunt mine and open pit Higginsville mine. At Beta Hunt, a robust gold mineral resource and reserve is hosted in multiple gold shears, with gold intersections along a 4 km strike length remaining open in multiple directions. HGO is a highly prospective land package totaling approximately 1,800 square kilometers. In addition, RNC has a 28% interest in a nickel joint venture that owns the Dumont Nickel-Cobalt Project located in the Abitibi region of Quebec. Dumont contains the second largest nickel reserve and ninth largest cobalt reserve in the world. RNC has a strong Board and management team focused on delivering shareholder value. RNC's common shares trade on the TSX under the symbol RNX. RNC shares also trade on the OTCQX market under the symbol RNKLF.

Cautionary Statement Concerning Forward-Looking Statements

This news release contains "forward-looking information" including without limitation statements relating to the liquidity and capital resources of RNC, production guidance and the potential of the Beta Hunt Mine, Higginsville Gold Operation and Dumont Nickel Project.

Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of RNC to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Factors that could affect the outcome include, among others: future prices and the supply of metals; the results of drilling; inability to raise the money necessary to incur the expenditures required to retain and advance the properties; environmental liabilities (known and unknown); general business, economic, competitive, political and social uncertainties; results of exploration programs; accidents, labour disputes and other risks of the mining industry; political instability, terrorism, insurrection or war; or delays in obtaining governmental approvals, projected cash operating costs, failure to obtain regulatory or shareholder approvals. For a more detailed discussion of such risks and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements, refer to RNC's filings with Canadian securities regulators, including the most recent Annual Information Form, available on SEDAR at www.sedar.com.

Although RNC has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. Forward-looking statements contained herein are made as of the date of this news release and RNC disclaims any obligation to update any forward-looking statements, whether as a result of new information, future events or results or otherwise, except as required by applicable securities laws.

Cautionary Statement Regarding the Higginsville Mining Operations
A production decision at the Higginsville gold operations was made by previous operators of the mine, prior to the completion of the acquisition of the Higginsville gold operations by RNC and RNC made a decision to continue production subsequent to the acquisition. This decision by RNC to continue production and, to the knowledge of RNC, the prior production decision were not based on a feasibility study of mineral reserves, demonstrating economic and technical viability, and, as a result, there may be an increased uncertainty of achieving any particular level of recovery of minerals or the cost of such recovery, which include increased risks associated with developing a commercially mineable deposit. Historically, such projects have a much higher risk of economic and technical failure. There is no guarantee that anticipated production costs will be achieved. Failure to achieve the anticipated production costs would have a material adverse impact on the Corporation's cash flow and future profitability. Readers are cautioned that there is increased uncertainty and higher risk of economic and technical failure associated with such production decisions.

Table 1: Initial Results from 2020 Higginsville Exploration Drilling (February 27, 2020)

Prospect

Hole

Sub
interval

From
(m)

To 
(m)

Downhole
Interval (m)

Estimated
True
Width
(m)

Au (g/t)

Hidden Secret

HDSR0055


24.0

27.0

3.0

3.0

4.04

Hidden Secret

HDSR0056


17.0

22.0

5.0

5.0

1.53

Hidden Secret

HDSR0057


-

-

-

-

NSA

Hidden Secret

HDSR0058


-

-

-

-

NSA

Hidden Secret

HDSR0059


30.0

32.0

2.0

2.0

2.45

Hidden Secret

HDSR0060


-

-

-

-

NSA

Hidden Secret

HDSR0061


-

-

-

-

NSA

Hidden Secret

HDSR0062


18.0

22.0

4.0

4.0

1.85

Hidden Secret

HDSR0063


7.0

11.0

4.0

4.0

4.18

Hidden Secret

HDSR0064


0.0

2.0

2.0

2.0

2.25

Hidden Secret

HDSR0065


18.0

19.0

1.0

1.0

2.97

Hidden Secret

21.0

22.0

1.0

1.0

1.47

Hidden Secret

HDSR0066


6.0

9.0

3.0

3.0

2.72

Hidden Secret

11.0

12.0

1.0

1.0

1.39

Hidden Secret

HDSR0067


0.0

2.0

2.0

2.0

1.99

Hidden Secret

HDSR0068


-

-

-

-

NSA

Hidden Secret

HDSR0069


6.0

7.0

1.0

1.0

1.78

Hidden Secret

HDSR0070


-

-

-

-

NSA

Hidden Secret

HDSR0071


-

-

-

-

NSA

Hidden Secret

HDSR0072


10.0

12.0

2.0

2.0

1.28

Hidden Secret

HDSR0073


-

-

-

-

NSA

Hidden Secret

HDSR0074


-

-

-

-

NSA

Hidden Secret

HDSR0075


-

-

-

-

NSA

Hidden Secret

HDSR0076


22.0

25.0

3.0

3.0

5.18

Hidden Secret

HDSR0077


-

-

-

-

NSA

Hidden Secret

HDSR0078


-

-

-

-

NSA

Hidden Secret

HDSR0079


-

-

-

-

NSA

Hidden Secret

HDSR0080


-

-

-

-

NSA

Hidden Secret

HDSR0081


36.0

38.0

2.0

2.0

2.1

Hidden Secret

HDSR0082


32.0

35.0

3.0

3.0

2.73

Hidden Secret

HDSR0083


-

-

-

-

NSA

Hidden Secret

HDSR0084


-

-

-

-

NSA

Hidden Secret

HDSR0085

Including

17.0

21.0

4.0

4.0

24.79

Hidden Secret

18.0

19.0

1.0

1.0

92.6

Hidden Secret

HDSR0086


8.0

11.0

3.0

3.0

5.56

Hidden Secret

HDSR0087


17.0

20.0

3.0

3.0

0.84

Hidden Secret

HDSR0088


20.0

21.0

1.0

1.0

1.53

Hidden Secret

HDSR0089


4.0

5.0

1.0

1.0

1.52

Hidden Secret

7.0

14.0

7.0

7.0

2.75

Hidden Secret

HDSR0090


11.0

12.0

1.0

1.0

1.17

Hidden Secret

16.0

17.0

1.0

1.0

2.27

Hidden Secret

HDSR0091


14.0

16.0

2.0

2.0

1.42

Hidden Secret

HDSR0092


6.0

12.0

6.0

6.0

2.76

Hidden Secret

HDSR0093


14.0

15.0

1.0

1.0

2.28

Hidden Secret

HDSR0094


-

-

-

-

NSA

Hidden Secret

HDSR0095


-

-

-

-

NSA

Hidden Secret

HDSR0096


49.0

55.0

6.0

6.0

2.56

Hidden Secret

HDSR0097


42.0

45.0

3.0

3.0

4.91

Hidden Secret

65.0

67.0

2.0

2.0

2.24

Hidden Secret

HDSR0098


45.0

52.0

7.0

7.0

6.04

Hidden Secret

49.0

52.0

3.0

3.0

12.24

Hidden Secret

HDSR0099


54.0

58.0

4.0

4.0

1.81

Hidden Secret

HDSR0100


11.0

12.0

1.0

1.0

1.01

Hidden Secret

53.0

54.0

1.0

1.0

8.87

Hidden Secret

63.0

66.0

3.0

3.0

2.79

Hidden Secret

77.0

82.0

5.0

5.0

2.05

Hidden Secret

HDSR0101


49.0

51.0

2.0

2.0

2.81

Hidden Secret

HDSR0102


39.0

40.0

1.0

1.0

1.35

Hidden Secret

42.0

43.0

1.0

1.0

1.35

Hidden Secret

66.0

69.0

3.0

3.0

1.85

Hidden Secret

HDSR0103


64.0

67.0

3.0

3.0

1.94

Hidden Secret

HDSR0104


45.0

46.0

1.0

1.0

1.13

Hidden Secret

HDSR0105


-

-

-

-

NSA

Hidden Secret

HDSR0106


4.0

5.0

1.0

1.0

1.66

Hidden Secret

HDSR0107


-

-

-

-

NSA

Hidden Secret

HDSR0108


27.0

28.0

1.0

1.0

1.9

Hidden Secret

HDSR0109


-

-

-

-

NSA

Hidden Secret

HDSR0110


24.0

25.0

1.0

1.0

4.37

Hidden Secret

HDSR0111


24.0

25.0

1.0

1.0

3.6

Hidden Secret

HDSR0112


-

-

-

-

NSA

Hidden Secret

HDSR0113


24.0

25.0

1.0

1.0

1.11

Hidden Secret

26.0

27.0

1.0

1.0

1.38

Hidden Secret

HDSR0114


26.0

27.0

1.0

1.0

4.1

Hidden Secret

HDSR0115


23.0

24.0

1.0

1.0

1.05

Hidden Secret

31.0

32.0

1.0

1.0

1.88

Hidden Secret

HDSR0116


40.0

42.0

2.0

2.0

2.83

Hidden Secret

HDSR0117


44.0

45.0

1.0

1.0

1.27

Hidden Secret

HDSR0118


-

-

-

-

NSA

Hidden Secret

HDSR0119


-

-

-

-

NSA

Hidden Secret

HDSR0120


25.0

26.0

1.0

1.0

1.05

Hidden Secret

HDSR0121


-

-

-

-

NSA

Hidden Secret

HDSR0122


-

-

-

-

NSA

Hidden Secret

HDSR0123


29.0

31.0

2.0

2.0

3.87

Hidden Secret

HDSR0124


-

-

-

-

NSA

Hidden Secret

HDSR0125


41.0

43.0

2.0

2.0

4.99

Hidden Secret

HDSR0126


21.0

22.0

1.0

1.0

1.75

Hidden Secret

HDSR0127


30.0

33.0

3.0

3.0

3.53

Hidden Secret

HDSR0128


41.0

42.0

1.0

1.0

2.94

Hidden Secret

HDSR0129


63.0

67.0

4.0

4.0

3.82

Hidden Secret


73.0

74.0

1.0

1.0

3.33

Hidden Secret

HDSR0130


-

-

-

-

NSA

Hidden Secret

HDSR0131


-

-

-

-

NSA

Hidden Secret

HDSR0132


27.0

28.0

1.0

1.0

2.54

Hidden Secret

HDSR0133


-

-

-

-

NSA

Hidden Secret

HDSR0134


-

-

-

-

NSA

Hidden Secret

HDSR0135


12.0

14.0

2.0

2.0

4.51

Hidden Secret

HDSR0136

Including

24.0

28.0

4.0

4.0

15.14

Hidden Secret

25.0

26.0

1.0

1.0

47.8

Hidden Secret

HDSR0137


34.0

36.0

2.0

2.0

4.53

Hidden Secret

HDSR0138


-

-

-

-

NSA

Hidden Secret

HDSR0139


-

-

-

-

NSA

Hidden Secret

HDSR0140


13.0

14.0

1.0

1.0

2.64

Hidden Secret

HDSR0141


14.0

17.0

3.0

3.0

2.38

Hidden Secret

HDSR0142


16.0

18.0

2.0

2.0

4.02

Hidden Secret

HDSR0143


-

-

-

-

NSA

Hidden Secret

HDSR0144


21.0

23.0

2.0

2.0

1.92

Hidden Secret

30.0

31.0

1.0

1.0

3.5

Hidden Secret

HDSR0145


-

-

-

-

NSA

Hidden Secret

HDSR0146


-

-

-

-

NSA

Hidden Secret

HDSR0147


12.0

14.0

2.0

2.0

6.41

Hidden Secret

HDSR0148


-

-

-

-

NSA

Hidden Secret

HDSR0149


26.0

27.0

1.0

1.0

1.72

Hidden Secret

HDSR0150


33.0

35.0

2.0

2.0

3.93

Hidden Secret

HDSR0151


-

-

-

-

NSA

Hidden Secret

HDSR0152


-

-

-

-

NSA

Hidden Secret

HDSR0153


-

-

-

-

NSA

Hidden Secret

HDSR0154


-

-

-

-

NSA

Hidden Secret

HDSR0155


-

-

-

-

NSA

Hidden Secret

HDSR0156


15.0

16.0

1.0

1.0

1.07

Hidden Secret

HDSR0157


-

-

-

-

NSA

Hidden Secret

HDSR0158


-

-

-

-

NSA

Hidden Secret

HDSR0159


-

-

-

-

NSA

Hidden Secret

HDSR0160


-

-

-

-

NSA

Hidden Secret

HDSR0161


-

-

-

-

NSA

Hidden Secret

HDSR0162


-

-

-

-

NSA

Mousehollow

MOHR0051


-

-

-

-

NSA

Mousehollow

MOHR0052


-

-

-

-

NSA

Mousehollow

MOHR0053


-

-

-

-

NSA

Mousehollow

MOHR0054


-

-

-

-

NSA

Mousehollow

MOHR0055


22.0

25.0

3.0

3.0

26.12

Mousehollow

MOHR0056


-

-

-

-

NSA

Mousehollow

MOHR0057


-

-

-

-

NSA

Mousehollow

MOHR0058


-

-

-

-

NSA

Mousehollow

MOHR0059


29.0

31.0

2.0

2.0

1.66

Mousehollow

MOHR0060


19.0

22.0

3.0

3.0

2.28

Mousehollow

MOHR0061


12.0

14.0

2.0

2.0

2.02

Mousehollow

MOHR0062


8.0

9.0

1.0

1.0

1.28

Mousehollow

MOHR0063


-

-

-

-

NSA

Mousehollow

MOHR0064


-

-

-

-

NSA

Mousehollow

MOHR0065


-

-

-

-

NSA

Mousehollow

MOHR0066


21.0

29.0

8.0

8.0

1.33

Mousehollow

MOHR0067


-

-

-

-

NSA

Mousehollow

MOHR0068


22.0

23.0

1.0

1.0

1.93

Mousehollow

MOHR0069


3.0

9.0

6.0

6.0

4.18

Mousehollow

15.0

17.0

2.0

2.0

1.52

Mousehollow

22.0

24.0

2.0

2.0

16.36

Mousehollow

MOHR0070


-

-

-

-

0

Mousehollow

MOHR0071


-

-

-

-

0

Mousehollow

MOHR0072


12.0

13.0

1.0

1.0

3.5

Mousehollow

MOHR0073


13.0

15.0

2.0

2.0

1.55

Mousehollow

MOHR0074


0.0

1.0

1.0

1.0

1.79

Mousehollow

20.0

26.0

6.0

6.0

1.99

Mousehollow

MOHR0075


0.0

19.0

19.0

19.0

3.33

Mousehollow

MOHR0076


3.0

7.0

4.0

4.0

1.09

Mousehollow

MOHR0077


11.0

21.0

10.0

10.0

3.45

Mousehollow

MOHR0078


13.0

17.0

4.0

4.0

8.42

Mousehollow

MOHR0079


-

-

-

-

0

Mousehollow

MOHR0080


20.0

25.0

5.0

5.0

1.89

Mousehollow

MOHR0081


0.0

1.0

1.0

1.0

14.5

Mousehollow

15.0

17.0

2.0

2.0

5.09

Mousehollow

MOHR0082


12.0

14.0

2.0

2.0

3.7

Mousehollow

MOHR0083


-

-

-

-

0

Mousehollow

MOHR0084


-

-

-

-

0

Mousehollow

MOHR0085


-

-

-

-

0

Mousehollow


28.0

30.0

2.0

2.0

1.06

Mousehollow

35.0

40.0

5.0

5.0

3.68

Mousehollow

MOHR0087


23.0

24.0

1.0

1.0

1.03

Mousehollow

MOHR0088


-

-

-

-

0

Mousehollow

MOHR0089


-

-

-

-

0

Mousehollow

MOHR0090


-

-

-

-

0

Mousehollow

MOHR0091


-

-

-

-

0

Mousehollow

MOHR0092


-

-

-

-

0

Mousehollow

MOHR0093


13.0

14.0

1.0

1.0

1.95

Mousehollow

MOHR0094


-

-

-

-

0

Mousehollow

MOHR0095


-

-

-

-

0

Mousehollow

MOHR0096


-

-

-

-

0

Mousehollow

MOHR0097


-

-

-

-

0

Mousehollow

MOHR0098


-

-

-

-

0

Mousehollow

MOHR0099


-

-

-

-

0

Mousehollow

MOHR0100


-

-

-

-

0

Mousehollow

MOHR0101


-

-

-

-

0

Mousehollow

MOHR0102


13.0

14.0

1.0

1.0

3.8

Mousehollow

MOHR0103


-

-

-

-

0

Mousehollow

MOHR0104


-

-

-

-

0

Mousehollow

MOHR0105


-

-

-

-

0

Mousehollow

MOHR0106


49.0

57.0

8.0

8.0

2.8

Mousehollow

Including

49.0

50.0

1.0

1.0

6.29

Mousehollow

Including

53.0

54.0

1.0

1.0

5.33

Mousehollow

MOHR0107


32.0

34.0

2.0

2.0

4.36

Mousehollow

Including

33.0

34.0

1.0

1.0

5.05

Mousehollow


48.0

49.0

1.0

1.0

5.55

Mousehollow

MOHR0108

Including

75.0

78.0

3.0

3.0

3.65

Mousehollow

77.0

78.0

1.0

1.0

5.79

Mousehollow

MOHR0109


43.0

44.0

1.0

1.0

4.66

Mousehollow

MOHR0110


-

-

-

-

NSA

Mousehollow

MOHR0111

including

24.0

25.0

1.0

1.0

1.62

Mousehollow

30.0

33.0

3.0

3.0

7.88

Mousehollow

30.0

32.0

2.0

2.0

10.59

Mousehollow

MOHR0112


17.0

18.0

1.0

1.0

2.19

Mousehollow

MOHR0113


7.0

8.0

1.0

1.0

5.1

Mousehollow

19.0

20.0

1.0

1.0

1.26

Mousehollow

MOHR0114


1.0

10.0

9.0

9.0

2.13

Mousehollow

12.0

14.0

2.0

2.0

1.43

Mousehollow

18.0

20.0

2.0

2.0

1.73

Mousehollow

MOHR0115


11.0

13.0

2.0

2.0

2.91

Mousehollow

16.0

19.0

3.0

3.0

1.07

Mousehollow

21.0

22.0

1.0

1.0

1.07

Mousehollow

26.0

27.0

1.0

1.0

1.3

Mousehollow

MOHR0116


42.0

43.0

1.0

1.0

1.21

Mousehollow

MOHR0117


-

-

-

-

NSA


Note:

Reported gold grades > 1g/t Au over
1m


NSA - no significant assay ( all < 1g/t)


Un-cut gold grades

 

Table 2: Alacer Gold Corp - Selected Historical Results from high grade Corona Quartz vein, 2012 Drilling

Prospect

Hole

Sub
interval

From
(m)

To
(m)

Downhole
Interval (m)

Estimated
True
Width
(m)

Au (g/t)

Corona

VIND047


181.1

183.5

2.3

1.6

657.90

Corona

Including

183.0

183.5

0.4

0.3

773.95

Corona

VIND049


201.5

203.4

1.9

1.3

225.20

Corona

Including

201.5

202.4

1.0

0.7

422.80

Corona

VIND059


136.0

137.0

1.0

0.7

30.21

Corona

VIND077


168.2

169.5

1.3

0.9

2.83

Corona

VIND090


230.0

231.0

1.1

0.7

8.54

Corona

VIND092


165.3

167.3

2.1

1.4

30.60

Corona

Including

165.7

166.1

0.4

0.3

147.05

 

Table 3: Location of Initial Results from 2020 Higginsville Exploration Drilling (February 27, 2020)

Prospect

Hole ID

MGA
Easting
(m)

MGA
Northing
(m)

Elevation
(m)

Azi

Dip
(deg)

Total
Depth
(m)

Hidden Secret

HDSR0055

387729

6483200

310

270

-60

36.0

Hidden Secret

HDSR0056

387719

6483197

310

270

-60

27.0

Hidden Secret

HDSR0057

387709

6483197

310

270

-60

21.0

Hidden Secret

HDSR0058

387699

6483200

310

270

-60

12.0

Hidden Secret

HDSR0059

387807

6483295

313

270

-60

48.0

Hidden Secret

HDSR0060

387794

6483295

312

270

-60

42.0

Hidden Secret

HDSR0061

387800

6483309

310

270

-60

36.0

Hidden Secret

HDSR0062

387744

6483240

310

270

-60

36.0

Hidden Secret

HDSR0063

387730

6483240

309

270

-60

24.0

Hidden Secret

HDSR0064

387715

6483240

309

270

-60

12.0

Hidden Secret

HDSR0065

387750

6483280

308

270

-60

36.0

Hidden Secret

HDSR0066

387740

6483280

308

270

-60

30.0

Hidden Secret

HDSR0067

387729

6483280

308

270

-60

24.0

Hidden Secret

HDSR0068

387720

6483280

307

270

-60

15.0

Hidden Secret

HDSR0069

387797

6483310

311

270

-60

24.0

Hidden Secret

HDSR0070

387730

6483321

306

270

-60

15.0

Hidden Secret

HDSR0071

387825

6483340

307

270

-60

36.0

Hidden Secret

HDSR0072

387815

6483340

308

270

-60

36.0

Hidden Secret

HDSR0073

387805

6483340

308

270

-60

36.0

Hidden Secret

HDSR0074

387795

6483340

308

270

-60

30.0

Hidden Secret

HDSR0075

387785

6483340

308

270

-60

24.0

Hidden Secret

HDSR0076

387774

6483340

307

270

-60

36.0

Hidden Secret

HDSR0077

387764

6483340

307

270

-60

12.0

Hidden Secret

HDSR0078

387750

6483340

306

270

-60

33.0

Hidden Secret

HDSR0079

387740

6483340

306

270

-60

24.0

Hidden Secret

HDSR0080

387730

6483340

306

270

-60

12.0

Hidden Secret

HDSR0081

387830

6483360

306

270

-60

42.0

Hidden Secret

HDSR0082

387819

6483360

306

270

-60

36.0

Hidden Secret

HDSR0083

387807

6483360

306

270

-60

75.0

Hidden Secret

HDSR0084

387799

6483360

306

270

-60

63.0

Hidden Secret

HDSR0085

387790

6483360

306

270

-60

82.0

Hidden Secret

HDSR0086

387940

6483080

305

270

-60

21.0

Hidden Secret

HDSR0087

387920

6483080

306

270

-60

21.0

Hidden Secret

HDSR0088

387910

6483080

306

270

-60

21.0

Hidden Secret

HDSR0089

387950

6483040

304

270

-60

21.0

Hidden Secret

HDSR0090

387930

6483040

305

270

-60

21.0

Hidden Secret

HDSR0091

387920

6483040

306

270

-60

21.0

Hidden Secret

HDSR0092

387960

6483005

303

270

-60

18.0

Hidden Secret

HDSR0093

387940

6483005

304

270

-60

18.0

Hidden Secret

HDSR0094

387930

6483005

305

270

-60

18.0

Hidden Secret

HDSR0095

387920

6483005

306

270

-60

18.0

Hidden Secret

HDSR0096

387790

6483281

313

270

-60

63.0

Hidden Secret

HDSR0097

387812

6483280

314

270

-60

75.0

Hidden Secret

HDSR0097

387812

6483280

314

270

-60

75.0

Hidden Secret

HDSR0098

387783

6483295

312

270

-60

57.0

Hidden Secret

HDSR0098

387783

6483295

312

270

-60

57.0

Hidden Secret

HDSR0099

387817

6483260

314

270

-60

82.0

Hidden Secret

HDSR0100

387814

6483240

313

270

-60

88.0

Hidden Secret

HDSR0100

387814

6483240

313

270

-60

88.0

Hidden Secret

HDSR0100

387814

6483240

313

270

-60

88.0

Hidden Secret

HDSR0100

387814

6483240

313

270

-60

88.0

Hidden Secret

HDSR0101

387767

6483220

311

270

-60

72.0

Hidden Secret

HDSR0102

387784

6483220

312

270

-60

72.0

Hidden Secret

HDSR0102

387784

6483220

312

270

-60

72.0

Hidden Secret

HDSR0102

387784

6483220

312

270

-60

72.0

Hidden Secret

HDSR0103

387778

6483200

311

270

-60

72.0

Hidden Secret

HDSR0104

387791

6483200

311

270

-60

78.0

Hidden Secret

HDSR0105

387877

6482877

297

90

-60

78.0

Hidden Secret

HDSR0106

387920

6482925

300

90

-60

36.0

Hidden Secret

HDSR0107

387880

6482925

300

90

-60

72.0

Hidden Secret

HDSR0108

387900

6483005

305

90

-60

42.0

Hidden Secret

HDSR0109

387970

6483040

304

90

-60

12.0

Hidden Secret

HDSR0110

387885

6483080

308

90

-60

42.0

Hidden Secret

HDSR0111

387866

6483079

309

90

-60

54.0

Hidden Secret

HDSR0112

387845

6483079

310

90

-60

72.0

Hidden Secret

HDSR0113

387884

6483037

311

90

-60

54.0

Hidden Secret

HDSR0113

387884

6483037

311

90

-60

54.0

Hidden Secret

HDSR0114

387871

6483033

312

90

-60

54.0

Hidden Secret

HDSR0115

387851

6483034

313

90

-60

72.0

Hidden Secret

HDSR0115

387851

6483034

313

90

-60

72.0

Hidden Secret

HDSR0116

387874

6483005

312

90

-60

60.0

Hidden Secret

HDSR0117

387861

6483005

313

90

-60

72.0

Hidden Secret

HDSR0118

387843

6482978

311

90

-60

78.0

Hidden Secret

HDSR0119

387955

6483119

307

90

-60

18.0

Hidden Secret

HDSR0120

387894

6483120

307

90

-60

42.0

Hidden Secret

HDSR0121

387875

6483119

308

90

-60

51.0

Hidden Secret

HDSR0122

387912

6483159

310

90

-60

27.0

Hidden Secret

HDSR0123

387893

6483159

309

90

-60

36.0

Hidden Secret

HDSR0124

387874

6483159

308

90

-60

45.0

Hidden Secret

HDSR0125

387853

6483159

309

90

-60

54.0

Hidden Secret

HDSR0126

387913

6483195

312

90

-60

36.0

Hidden Secret

HDSR0127

387866

6483196

310

90

-60

48.0

Hidden Secret

HDSR0128

387843

6483196

310

90

-60

54.0

Hidden Secret

HDSR0129

387839

6483195

310

270

-60

120.0

Hidden Secret

HDSR0129

387839

6483195

310

270

-60

120.0

Hidden Secret

HDSR0130

387661

6483160

311

270

-60

18.0

Hidden Secret

HDSR0131

387680

6483160

310

270

-60

30.0

Hidden Secret

HDSR0132

387700

6483160

310

270

-60

42.0

Hidden Secret

HDSR0133

387720

6483161

310

270

-60

52.0

Hidden Secret

HDSR0134

387769

6483361

305

270

-60

16.0

Hidden Secret

HDSR0135

387780

6483361

306

270

-60

21.0

Hidden Secret

HDSR0136

387779

6483341

307

270

-60

36.0

Hidden Secret

HDSR0136

387779

6483341

307

270

-60

36.0

Hidden Secret

HDSR0137

387790

6483341

308

270

-60

48.0

Hidden Secret

HDSR0138

387780

6483380

305

270

-60

12.0

Hidden Secret

HDSR0139

387791

6483379

306

270

-60

18.0

Hidden Secret

HDSR0140

387800

6483381

306

270

-60

21.0

Hidden Secret

HDSR0141

387810

6483381

305

270

-60

24.0

Hidden Secret

HDSR0142

387820

6483381

305

270

-60

30.0

Hidden Secret

HDSR0143

387829

6483381

305

270

-60

36.0

Hidden Secret

HDSR0144

387843

6483380

305

270

-60

45.0

Hidden Secret

HDSR0144

387843

6483380

305

270

-60

45.0

Hidden Secret

HDSR0145

387781

6483400

305

270

-60

12.0

Hidden Secret

HDSR0146

387789

6483401

305

270

-60

18.0

Hidden Secret

HDSR0147

387800

6483401

305

270

-60

24.0

Hidden Secret

HDSR0148

387810

6483400

305

270

-60

24.0

Hidden Secret

HDSR0149

387820

6483400

304

270

-60

30.0

Hidden Secret

HDSR0150

387830

6483400

305

270

-60

36.0

Hidden Secret

HDSR0151

387840

6483400

305

270

-60

39.0

Hidden Secret

HDSR0152

387776

6483426

304

270

-60

18.0

Hidden Secret

HDSR0153

387785

6483425

304

270

-60

21.0

Hidden Secret

HDSR0154

387796

6483425

304

270

-60

24.0

Hidden Secret

HDSR0155

387805

6483425

304

270

-60

27.0

Hidden Secret

HDSR0156

387815

6483425

304

270

-60

30.0

Hidden Secret

HDSR0157

387824

6483425

304

270

-60

36.0

Hidden Secret

HDSR0158

387835

6483426

304

270

-60

39.0

Hidden Secret

HDSR0159

387780

6483460

303

270

-60

39.0

Hidden Secret

HDSR0160

387800

6483460

303

270

-60

45.0

Hidden Secret

HDSR0161

387820

6483460

303

270

-60

60.0

Hidden Secret

HDSR0162

387840

6483460

303

270

-60

72.0

Mousehollow

MOHR0051

388200

6482700

293

270

-60

30.0

Mousehollow

MOHR0052

388190

6482700

293

270

-60

21.0

Mousehollow

MOHR0053

388180

6482700

293

270

-60

15.0

Mousehollow

MOHR0054

388170

6482700

294

270

-60

9.0

Mousehollow

MOHR0055

388212

6482721

293

270

-60

30.0

Mousehollow

MOHR0056

388188

6482721

293

270

-60

18.0

Mousehollow

MOHR0057

388180

6482721

294

270

-60

15.0

Mousehollow

MOHR0058

388170

6482721

294

270

-60

9.0

Mousehollow

MOHR0059

388220

6482736

293

270

-60

38.0

Mousehollow

MOHR0060

388210

6482735

294

270

-60

33.0

Mousehollow

MOHR0061

388200

6482735

294

270

-60

27.0

Mousehollow

MOHR0062

388190

6482735

294

270

-60

21.0

Mousehollow

MOHR0063

388180

6482735

294

270

-60

15.0

Mousehollow

MOHR0064

388170

6482735

294

270

-60

12.0

Mousehollow

MOHR0065

388210

6482806

295

270

-60

54.0

Mousehollow

MOHR0066

388185

6482820

295

270

-60

39.0

Mousehollow

MOHR0067

388164

6482820

295

270

-60

21.0

Mousehollow

MOHR0068

388197

6482760

294

270

-60

39.0

Mousehollow

MOHR0069

388175

6482760

294

270

-60

24.0

Mousehollow

MOHR0069

388175

6482760

294

270

-60

24.0

Mousehollow

MOHR0069

388175

6482760

294

270

-60

24.0

Mousehollow

MOHR0070

388156

6482760

295

270

-60

18.0

Mousehollow

MOHR0071

388145

6482760

295

270

-60

12.0

Mousehollow

MOHR0072

388184

6482780

295

270

-60

30.0

Mousehollow

MOHR0073

388175

6482780

295

270

-60

30.0

Mousehollow

MOHR0074

388165

6482780

295

270

-60

27.0

Mousehollow

MOHR0074

388165

6482780

295

270

-60

27.0

Mousehollow

MOHR0075

388155

6482780

295

270

-60

21.0

Mousehollow

MOHR0076

388145

6482780

295

270

-60

18.0

Mousehollow

MOHR0077

388170

6482808

295

270

-60

24.0

Mousehollow

MOHR0078

388165

6482808

295

270

-60

18.0

Mousehollow

MOHR0079

388160

6482808

295

270

-60

15.0

Mousehollow

MOHR0080

388190

6482855

296

270

-60

33.0

Mousehollow

MOHR0081

388185

6482855

296

270

-60

27.0

Mousehollow

MOHR0082

388180

6482855

296

270

-60

21.0

Mousehollow

MOHR0083

388190

6482880

296

270

-60

21.0

Mousehollow

MOHR0084

388185

6482880

296

270

-60

18.0

Mousehollow

MOHR0085

388180

6482880

296

270

-60

15.0

Mousehollow

MOHR0086

388215

6482890

296

270

-60

45.0

Mousehollow

MOHR0086

388215

6482890

296

270

-60

45.0

Mousehollow

MOHR0087

388205

6482890

296

270

-60

36.0

Mousehollow

MOHR0088

388200

6482900

296

270

-60

33.0

Mousehollow

MOHR0089

388195

6482900

296

270

-60

27.0

Mousehollow

MOHR0090

388361

6482980

293

270

-60

36.0

Mousehollow

MOHR0091

388347

6482980

294

270

-60

27.0

Mousehollow

MOHR0092

388284

6483060

296

270

-60

36.0

Mousehollow

MOHR0093

388272

6483059

296

270

-60

27.0

Mousehollow

MOHR0094

388319

6483103

296

270

-60

27.0

Mousehollow

MOHR0095

388306

6483104

296

270

-60

27.0

Mousehollow

MOHR0096

388293

6483104

296

270

-60

27.0

Mousehollow

MOHR0097

388338

6483196

297

270

-60

27.0

Mousehollow

MOHR0098

388325

6483197

298

270

-60

27.0

Mousehollow

MOHR0099

388313

6483197

298

270

-60

27.0

Mousehollow

MOHR0100

388353

6483300

299

270

-60

27.0

Mousehollow

MOHR0101

388340

6483300

299

270

-60

27.0

Mousehollow

MOHR0102

388366

6483400

295

270

-60

27.0

Mousehollow

MOHR0103

388353

6483400

296

270

-60

27.0

Mousehollow

MOHR0104

388341

6483401

296

270

-60

27.0

Mousehollow

MOHR0105

388357

6483300

298

270

-60

27.0

Mousehollow

MOHR0106

388231

6482857

295

270

-60

66.0

Mousehollow

MOHR0106

388231

6482857

295

270

-60

66.0

Mousehollow

MOHR0106

388231

6482857

295

270

-60

66.0

Mousehollow

MOHR0107

388207

6482822

295

270

-60

60.0

Mousehollow

MOHR0107

388207

6482822

295

270

-60

60.0

Mousehollow

MOHR0107

388207

6482822

295

270

-60

60.0

Mousehollow

MOHR0108

388226

6482822

295

270

-60

78.0

Mousehollow

MOHR0108

388226

6482822

295

270

-60

78.0

Mousehollow

MOHR0109

388220

6482700

295

270

-60

45.0

Mousehollow

MOHR0110

388239

6482699

292

270

-60

66.0

Mousehollow

MOHR0111

388222

6482719

293

270

-60

66.0

Mousehollow

MOHR0111

388222

6482719

293

270

-60

66.0

Mousehollow

MOHR0111

388222

6482719

293

270

-60

66.0

Mousehollow

MOHR0112

388233

6482719

293

270

-60

45.0

Mousehollow

MOHR0113

388194

6482735

294

270

-60

60.0

Mousehollow

MOHR0113

388194

6482735

294

270

-60

60.0

Mousehollow

MOHR0114

388151

6482779

295

270

-60

48.0

Mousehollow

MOHR0114

388151

6482779

295

270

-60

48.0

Mousehollow

MOHR0114

388151

6482779

295

270

-60

48.0

Mousehollow

MOHR0115

388160

6482779

295

270

-60

48.0

Mousehollow

MOHR0115

388160

6482779

295

270

-60

48.0

Mousehollow

MOHR0115

388160

6482779

295

270

-60

48.0

Mousehollow

MOHR0115

388160

6482779

295

270

-60

48.0

Mousehollow

MOHR0116

388171

6482780

295

270

-60

58.0

Mousehollow

MOHR0117

388179

6482780

295

270

-60

66.0

 

Table 4: Alacer Gold Corp - Selected Drill holes, 2012 Drilling

Prospect

Hole ID

MGA
Easting
(m)

MGA
Northing
(m)

Elevation
(m)

Azi

Dip
(deg)

Total
Depth
(m)

Corona

VIND047

379795

6485981

295

269

-62

1242.5

Corona

VIND049

379798

6485981

295

268

-68

261.3

Corona

VIND059

379760

6485979

296

270

-69

189.4

Corona

VIND076

379817

6485963

295

274

-61

252.3

Corona

VIND077

379813

6485963

295

280

-53

219.0

Corona

VIND090

379839

6485982

295

267

-60

264.3

Corona

VIND092

379793

6485984

296

270

-60

207.2

 

RNC Minerals (CNW Group/RNC Minerals)

SOURCE RNC Minerals

For further information: Rob Buchanan, Director, Investor Relations, T: (416) 363-0649, www.rncminerals.com