The Company has also signed a 5,000 meter drill contract with
NPLH Drilling of Timmins Ontario to test and confirm Nickel
and Gold mineralization from previous drilling (see ROF news
releases Dec 1, 2011 & Dec. 5, 2011) dating back to the
1960's and 1980's. A drill rig has been mobilized and
drilling is expected to commence on the Kingsmill Nickel
target within the next few days. Concurrent with the
nickel-target drilling scheduled for January 2012, a 45 line
km grid will be cut over the Lucas Gold target in order to
conduct a ground geophysical IP survey before spotting drill
holes on this target.
In order to more properly reflect the major thrust of the
Company's endeavours, the Company also announces that at the
upcoming Shareholders' meeting scheduled for February
28th, it will ask shareholders to approve a name
change to Noble Mineral Exploration Inc.
Project 81 is a 70,090 hectare patented land package divided into 2 blocks. The patents include surface, mineral and timber rights, and host a significant timber resource plus a number of zones that have historical exploration identifying nickel and gold mineralization (these sample results are historical and non 43-101 compliant) from work carried out in the 1960's and 1970's some of which have been previously announced.
About Ring of Fire Resources Inc.:
Ring of Fire Resources Inc. is a Canadian based junior
exploration company holding in excess of 70,000 hectares of
property in the Timmins, Iroquois Falls and Smooth Rock Falls
areas of Northern Ontario, upon which it plans to develop and
implement an exploration program for the balance of 2011 and
2012. It also holds a portfolio of diversified exploration
projects at various stages of exploration and drilling for
Vanadium/Nickel/Copper/Chromium/PGM in the 'Ring of Fire'
McFauld's Lake Area of Northern Ontario, Gold in the Wawa
area of Northern Ontario, and Uranium in Northern
Saskatchewan.
More detailed information is available on the website at www.ringoffireresources.com
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release. No stock exchange, securities
commission or other regulatory authority has approved or
disapproved the information contained herein.
The foregoing information may contain forward-looking
statements relating to the future performance of Ring of Fire
Resources Inc. Forward-looking statements, specifically those
concerning future performance, are subject to certain risks
and uncertainties, and actual results may differ materially
from the Company's plans and expectations. These plans,
expectations, risks and uncertainties are detailed herein and
from time to time in the filings made by the
2500 - 120 Adelaide St. West, Toronto, Ontario M5H 1T1
Phone: 416-214-2250
Toll Free: 866-214-9486
Fax: 416-367-1954
Company with the TSX Venture Exchange and securities regulators. Ring of Fire Resources Inc. does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future events or otherwise.
Contacts:
Ring of Fire Resources Inc.
H. Vance White, President
Phone: 416-214-2250
Fax: 416-367-1954
Corinna de Beer, Investor Relations
Phone: 416-792-0343
EMail: ir@ringoffireresources.com
2500 - 120 Adelaide St. West, Toronto, Ontario M5H 1T1
Phone: 416-214-2250
Toll Free: 866-214-9486
Fax: 416-367-1954
distribué par | Ce noodl a été diffusé par Ring of Fire Resources Inc. et initialement mise en ligne sur le site http://www.ringoffireresources.com. La version originale est disponible ici. Ce noodl a été distribué par noodls dans son format d'origine et sans modification sur 2012-01-12 20:22:09 PM et restera accessible depuis ce lien permanent. Cette annonce est protégée par les règles du droit d'auteur et toute autre loi applicable, et son propriétaire est seul responsable de sa véracité et de son originalité. |
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