News: RTG Mining intercepts high grade copper, gold and iron

RTG Mining (ASX:RTG) has received further high grade copper, gold and iron intercepts in both the North and South Mineralised Zones at the Mabilo Project in the Philippines.

The company's shares are expected to trade higher on the news.

Highlights include 64 metres at 2.96g/t gold, 7.91% copper and 44.57% iron; 20 metres at 1.96g/t gold, 2.84% copper and 43.24% iron; and 16 metres at 2.84 grams per tonne gold, 3.04% copper and 45.89% iron.

Drilling on two sections at the South Mineralised Zone has confirmed down dip extensions of the zone, which remains open at depth and to the south.

This is ongoing and focused on defining the southwest down dip extent of the South Mineralised Zone and is targeting the oxide and supergene potential to the North of the South Mineralised zone.

The Mabilo Project is located in Camarines Norte Province, Eastern Luzon.

It is comprised of one granted Exploration Permit of approximately 498 hectares and one Exploration Permit Application of 2,820 hectares.

The Project area is relatively flat and is easily accessed by 15 kilometres of all-weather road from the highway at the nearby town of Labo.