LAS VEGAS, NV, United States, via ETELIGIS INC., 05/27/2015 – – Rimrock Gold Corp. (the “Company”) (OTC Pink: RMRK) (PINKSHEETS: RMRK), is pleased to announce that new, more advanced targeting concepts are being implemented at its Ivanhoe Creek property in the high-grade Midas-Hollister Gold Trend in northern Nevada. The Ivanhoe Creek property consists of 22 unpatented lode mining claims (440 acres) situated in north-central Nevada on lands administered by the U.S. Bureau of Land Management. The property is situated 63 Km northeast of the mining center of Battle Mountain, and 75 Km west-northwest of the mining hub city Elko. This property lies directly contiguous to the north side of the large, high-grade Hollister Gold-silver mine owned by Waterton Global Mining. Northerly trending mineral feeder structures extend both north and south from Hollister through our mineral properties. Our property lies approximately 25 Km southeast of the high-grade Midas gold-silver Mine of Klondex Mines Ltd.
The gold-silver mineralization at Ivanhoe Creek is associated with northerly-trending uplifted fault-bounded blocks of rocks ("horsts"), which extend northward into our Rimrock property and south into the Hollister mine property. Mercury-bearing silica deposits ("sinter") locally are associated with gold in Nevada, and mercuric sinters are found at Ivanhoe Creek alongside and above these horsts.
Previous owners drilled 5 shallow exploration core drillholes on the property in 2007 for gold and silver, totaling 791.3 meters. At least two significant gold-silver target areas were discovered by this drilling. Anomalous assay values of gold and anomalous silver values were present in each hole drilled. More importantly, a local high assay value of 7.64 ounces per ton silver in hole 07-10 between 426-436 feet core length; true width not known. This latter silver-rich intercept also contained high values of 1130 ppm tungsten, more than 100 ppm mercury, and 0.02 ppm gold. The high tungsten values suggest the basement here was contact metamorphosed similar to basement in the Hollister Mine proper.
Rimrock Gold has compiled the geologic, geophysical, drilling, and geochemical databases for the Ivanhoe Creek property. The company conducted a preliminary evaluation of these data and concluded that the Ivanhoe Creek property holds good potential for discovery of a new Hollister-type gold mineralized body, or an extension to mineralization present on the Hollister Mine property. Rimrock Gold’s VP of Exploration now will conduct follow-up field examinations of the outcropping mineral systems, recording geology, a new structural analysis, and conducting new sampling where needed. These data will be incorporated into our gold deposit models to best project the locations of possible ore shoots and their structural projections.
Rimrock Gold Corp. controls the Ivanhoe Creek, Rimrock, West Silver Cloud, and also 100% interest in the large 11,480 acre Silver Cloud Property, subject to existing third party NSR royalties.
Rimrock Gold is a diversified mineral exploration company focused on identifying, acquiring, advancing, and drilling high-grade gold-silver metal exploration projects in Nevada. The company is managed by experienced and successful board members and advisors. The Company’s main exploration assets comprise a 100% interest in the Rimrock, Ivanhoe Creek, Silver Cloud, and Pony Spur gold-silver properties in Nevada. For further information and technical data on Rimrock Gold’s various projects, please visit the Company’s website at www.rimrockgold.com.
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".
Rimrock Gold Corp.
Jordan Starkman, CEO
SOURCE: Rimrock Gold Corp.