RPT Updates Exploration on Its Dorion Block in the Sibley Basin
September 25 2009 - 2:59PM
Marketwired
RPT Resources Ltd. (TSX VENTURE: RPT) ("RPT") announces that its
joint venture partner, Kennecott Canada Exploration Inc. ("KCEI"),
has recently completed reconnaissance prospecting on portions of
RPT's Dorion Block in the Sibley Basin. A number of interesting
"road accessible" magnetic features have been identified which
merit immediate drill testing. A 3-hole drill program totaling
approximately 700 metres is scheduled to begin as soon as a rig
becomes available. The target co-ordinates have been located by the
KCEI team and the drill program will be supervised by Clark
Exploration Consulting Inc. of Thunder Bay, Ontario.
Marshall Bertram, CFO and Director
This release includes certain statements that may be deemed to
be "forward-looking statements" within the meaning of the U.S.
Private Securities Litigation Reform Act of 1995. All statements in
this release, other than statements of historical facts, that
address future production, reserve potential, exploration and
development activities and events or developments that the
Corporation expects, are forward-looking statements. Although
management believes the expectations expressed in such
forward-looking statements are based on reasonable assumptions,
such statements are not guarantees of future performance, and
actual results or developments may differ materially from those in
the forward-looking statements. Factors that could cause actual
results to differ materially from those in forward-looking
statements include market prices, exploration and development
successes, continued availability of capital and financing, and
general economic, market or business conditions. Please see our
public filings at www.sedar.com for further information.
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.
Contacts: RPT Resources Ltd. Marshall Bertram (604) 639-4455
marshallb@rpturanium.ca www.rptresources.com