AI assistant
RTG Mining Inc. — Regulatory Filings 2020
Jan 20, 2020
47130_rns_2020-01-20_c903a82b-7b82-4334-aa23-c64c0ce095f4.pdf
Regulatory Filings
Open in viewerOpens in your device viewer
==> picture [595 x 109] intentionally omitted <==
CLARIFICATION ON RECENT PRESS REPORTS ANNOUNCEMENT TO THE AUSTRALIAN SECURITIES EXCHANGE
21 JANUARY 2020
RTG Mining Inc. ( ASX:RTG, TSX:RTG, OTCQB:RTF ) (“RTG” or “the Company”) confirms RTG is the joint venture partner of the Special Mining Lease Osikaiyang Landowners Association, whose members are the customary landowners who own the minerals at the Panguna Mine under the Bougainville Mining Act. The joint venture is pursuant to the Bougainville Mining Act. The discussions between the Landowners and members of the Autonomous Bougainville Government (“ABG”) are ongoing, particularly now that the Referendum is over. These are important matters for the future of Bougainville and are properly a matter for the ABG and the resource owners. RTG wishes both parties the very best in their ongoing discussions.
In response to a query from the Australian Stock Exchange and a recent press article, we confirm that RTG Executives are not banned from travel to Papua New Guinea (the National Government currently having constitutional authority over border control for the country).
ABOUT RTG MINING INC
RTG Mining Inc. is a mining and exploration company listed on the main board of the Toronto Stock Exchange, Australian Securities Exchange Limited and the OTCQB Venture Market. RTG is focused on a proposal with a Landowner lead consortium to secure an exploration licence at the high tonnage copper-gold Panguna Project in Bougainville PNG and the high grade copper/gold/magnetite Mabilo Project in the Philippines, while also identifying major new projects which will allow the Company to move quickly and safely to production, such as the Chanach Gold and Copper Project.
RTG has an experienced management team which has to date developed seven mines in five different countries, including being responsible for the development of the Masbate Gold Mine in the Philippines through CGA Mining Limited, RTG has some of the most respected and international institutional investors as shareholders including Franklin Templeton, Sun Valley, Sprott and Equinox.
ENQUIRIES
| Australian | Contact | US Contact | |
|---|---|---|---|
| President | & CEO – Justine Magee | Investor Relations – Jaime Wells | |
| Tel: | +61 8 6489 2900 | Tel: | +1 970 640 0611 |
| Fax: | +61 8 6489 2920 | ||
| Email: | [email protected] | Email: | [email protected] |
CAUTIONARY NOTE REGARDING FORWARD LOOKING STATEMENTS
This announcement includes certain “forward-looking statements” within the meaning of Canadian and applicable securities legislation. Statements regarding the anticipated; future mine development plans at the Chanach Project, including anticipated drill programs and feasibility studies; interpretation of exploration results, exploration targets, plans for further exploration and accuracy of mineral resource and mineral reserve estimates and related assumptions and inherent operating risks, are forwardlooking statements. Forward-looking statements involve various risks and uncertainties and are based on certain factors and assumptions. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from RTG’s expectations include uncertainties related to fluctuations in gold and other commodity prices and currency exchange rates; uncertainties relating to interpretation of drill results and the geology, continuity and grade of mineral deposits; uncertainty of estimates of capital and operating costs, recovery rates, production estimates and estimated economic return; the need for cooperation of government agencies in the development of RTG’s mineral projects; the need to obtain additional financing to develop RTG’s mineral projects; the possibility of delay in development programs or in construction projects and uncertainty of meeting anticipated program milestones for RTG’s mineral projects and other risks and uncertainties disclosed under the heading “Risk Factors” in RTG’s Annual Information Form for the year ended 31 December 2017 filed with the Canadian securities regulatory authorities on the SEDAR website at sedar.com. The forward ‐ looking statements made in this announcement relate only to events as of the date on which the statements are made. RTG will not ‐ release publicly any revisions or updates to these forward looking statements to reflect events, circumstances or unanticipated events occurring after the date of this announcement except as required by law or by any appropriate regulatory authority.
==> picture [596 x 39] intentionally omitted <==