Rimrock Gold Corp. Defines Five New Drill Sites at Rimrock Project, Nevada
24 July 2013 - 1:04AM
Marketwired
Rimrock Gold Corp., a Nevada corporation, (the "Company") (OTCQB:
RMRK) is pleased to announce that it has identified and selected
five new drill sites for drilling on the Company's wholly-owned
Rimrock gold-silver project in Elko County, Nevada. The Rimrock
project is strategically located in a highly mineralized epithermal
gold-silver district, 7 Km northwest of Rodeo Creek Gold's
Hollister mine, and 16 Km southeast of Newmont's Midas mine.
The new drill sites were defined through interpretation of
geological, geochemical, and geophysical data collected on the
project by various former property owners and option-holders over
the past 35 years. The Company's management team has identified
several mineralization targets along the IC Fault system, including
the large Dilation Zone located between two well-defined faults
representing a 100 meter wide drill target area. The Company plans
to drill-test the area of convergence of these two faults at the
northern and southern ends of the Dilation Zone. The Rimrock
project has never been drill-tested specifically for the
Midas-style gold-silver mineralization envisioned by the Company's
management. Rock samples from a recently completed surface sampling
program at the project show anomalous values of several indicator
metals typically associated with Midas-Hollister gold deposits,
including arsenic and selenium.
Overall, the Company's comprehensive database for the Rimrock
project provides a much clearer basis for defining the presence,
geometry, and depth extensions of north-south trending structures
that contain opalite-cinnabar (mercury sulfide) mineralization. The
Company is planning to drill these initial targets, upon posting
the requisite reclamation bond and receiving the drill-permit from
the U.S. Bureau of Land Management.
"We have made significant progress at Rimrock in a very short
period of time. This is a very exciting time for the Company and we
are looking forward to advancing the property to the next stage,"
stated President and CEO Jordan Starkman.
Rimrock Gold is a diversified mineral exploration company
focused on identifying, acquiring, advancing, and drilling
high-grade gold-silver exploration projects in Nevada, and lithium
exploration projects in Quebec. The company has a very capable
management team, and is led by an experienced and successful board.
The Company's main exploration assets comprise a 100% interest in
the Rimrock, West Silver Cloud, and Pony Spur gold-silver projects
in Nevada. In addition, the company owns the Abigail, Lac Kame and
EM-1 lithium projects in the James Bay region of Quebec, Canada
totaling 11,360 hectares.
The Company's Vice President of Exploration, Richard R. Redfern,
M.Sc., a Certified professional Geologist and 'qualified person'
for the purposes of Canada's National Instrument 43-101 Standards
of Disclosure for Mineral Properties, has verified and approved the
information contained in this news release.
Certain statements in this document that are not historical
facts are "forward-looking statements" within the meaning of the
Private Securities Litigation Reform Act of 1995. Such statements
may be identified by the use of words such as "anticipate,"
"believe," "expect," "future," "may," "will," "would," "should,"
"plan," "projected," "intend," and similar expressions. Such
forward-looking statements, involve known and unknown risks,
uncertainties and other factors that may cause the actual results,
performance or achievements of Rimrock Gold Corp. to be materially
different from those expressed or implied by such forward-looking
statements. The Company's future operating results are dependent
upon many factors, including but not limited to: (i) the Company's
ability to obtain sufficient capital or a strategic business
arrangement to fund its current operational or expansion plans;
(ii) the Company's ability to build and maintain the management and
human resources and infrastructure necessary to support the
anticipated growth of its business; (iii) competitive factors and
developments beyond the Company's control; and (iv) other risk
factors discussed in the Company's periodic filings with the
Securities and Exchange Commission, which are available for review
at www.sec.gov under "Search for Company Filings."
CONTACT: Rimrock Gold Corp. Jordan Starkman CEO
www.rimrockgold.com 1-800-854-7970
Rimrock Gold (PK) (USOTC:RMRK)
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