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RNC Minerals Refiles Beta Hunt Mine and Dumont Nickel Project Technical Reports

Press Release

TORONTO, Sept. 17, 2019  – RNC Minerals (TSX: RNX) (RNC) has re-filed on SEDAR its technical report prepared in respect of its gold resource update for the Beta Hunt Mine and Dumont Nickel Project (“Dumont”) NI 43-101 compliant technical report (“feasibility study”).

In connection with its bought deal short form prospectus offering of units of RNC, and as a result of a review by staff of the Ontario Securities Commission, RNC has updated and re-filed:

  • the report entitled “Technical Report Western Australia Operations – Eastern Goldfields: Beta Hunt Mine (Kambalda) and Higginsville Gold Operations (Higginsville)” dated September 17, 2019 to include disclosure related to Higginsville Gold Operations as part of the Beta Hunt Project. There were no changes to any material conclusions or recommendations outlined in the original report with respect to Beta Hunt Mine with an effective date of August 12, 2019.; and
  • the report entitled “Technical Report on the Dumont Ni Project, Launay and Trécesson Townships, Quebec, Canada” (the “Dumont Technical Report”) prepared for Royal Nickel Corporation and dated July 11, 2019, to provide additional detail with respect to certain items (as noted in the Notice to Reader included with such updated filing). There were no changes to any material conclusions, recommendations or other material items included in the Dumont Technical Report.

About RNC Minerals

RNC is currently focused on the integration of its Beta Hunt Gold Mine with its recently acquired Higginsville Gold Operation (“HGO”) in Western Australia. A significant high-grade gold discovery – “Father’s Day Vein” – was made in September 2018 at Beta Hunt. The significant Beta Hunt gold resource potential is underpinned by multiple gold shears with gold intersections across a 4 km strike length which remain open in multiple directions adjacent to an existing 5 km ramp network. RNC has a 100% interest in HGO, which is comprised of a low cost 1.4 Mtpa gold mill and a substantial portfolio of gold tenements. In addition, RNC owns a 28% interest in a nickel joint venture that owns the Dumont Nickel-Cobalt Project located in the Abitibi region of Quebec which contains the second largest nickel reserve and ninth largest cobalt reserve in the world. RNC also owns a 24% interest in Orford Mining Corporation, a mineral explorer focused on highly prospective and underexplored areas of Northern Quebec. RNC has a strong management team and Board with over 100 years of mining experience. RNC’s common shares trade on the TSX under the symbol RNX. RNC shares also trade on the OTCQX market under the symbol RNKLF.

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

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