Announcement to the Toronto Stock Exchange and OTCQB
SUBIACO, WESTERN AUSTRALIA / ACCESSWIRE / November 26, 2018 / The Board of RTG Mining Inc. ("RTG", the "Company") (TSX:RTG, ASX:RTG, OTCQB:RTGGF) is pleased to announce that the Mabilo Project, held by Mt. Labo Exploration and Development Corporation ("Mt. Labo") was honoured at the recent 65th Annual National Mine Safety and Environment Conference, receiving two awards including the outright winner for the Safest Exploration Project in the Philippines and the prestigious Platinum Award for Mineral Exploration in recognition of excellence in environmental, safety, health management and community development in the conduct of its mineral exploration.
This is a significant achievement by the team at Mt. Labo, led by the Chairman, Ms Gloria Tan Climaco and the Managing Director, Attorney Eduardo Escueta. The team on the ground at the Mabilo Project have worked diligently and closely with the community with special mention to the Project Manager, Engineer Artemio Ranin Jr, the Community Relations and Environment Manager, Ms Melanie Valenciano, the Compliance and Tenement Management, Attorney Wendy Manlong, the Project Geologist, Mr David Gotera and the Safety Officer, Mr Jeffrey Nano.
RTG is proud of their achievements and was encouraged by the progress the Industry has made over the last 12 months, lead by the Department of Environment and Natural Resources and the Mines and Geosciences Bureau, who have made significant progress in returning the Mining Industry to a strong focus on world's best practices and the highest of environmental and social standards. RTG is optimistic about the future of the Mining Industry in the Philippines and remains ready and committed to moving forward with the start up of the exciting new Mabilo Project.
RTG would also like to express congratulations to the teams at the Masbate Gold Project, developed initially by the RTG Management team, who were a triple winner of Platinum Awards for Mineral Exploration, Mineral Processing and Surface Mining, while also receiving 3 further awards for Safety and Mining Forest. B2 Gold Corporation, Filminera Resources Corporation and Phil. Gold Processing and Refining Corp. should be proud of their achievements and it is a true testament to their focus on excellence and demonstrating the valuable contribution of responsible mining to the Philippines.
ABOUT RTG MINING INC
RTG Mining Inc. is a mining and exploration company listed on the main board of the Toronto Stock Exchange, the Australian Securities Exchange 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.
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 Jaime Wells
Tel: +61 8 6489 2900 Tel: +1 970 640 0611
Fax: +61 8 6489 2920 Fax:
Email: jmagee@rtgmining.com Email: jwells@rtgmining.com
CAUTIONARY NOTE REGARDING FORWARD LOOKING STATEMENTS
This announcement includes certain "forward-looking statements" within the meaning of Canadian and applicable securities legislation. Statement regarding interpretation of exploration results, plans for further exploration and accuracy of mineral resource and mineral reserve estimates and related assumptions and inherent operating risks, are forward-looking 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 2016 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.
SOURCE: RTG Mining Inc.
View source version on accesswire.com:
https://www.accesswire.com/528982/The-Mabilo-and-Masbate-Projects-Scoop-the-2018-Philippines-Presidential-Mineral-Industry-Awards-with-Eight-Awards
