Exploring in Canada’s newest mining camp
Nickel/Copper/Chromium/PGMs : Gold : Uranium
Message: news
Ring of Fire Resources Inc. Plans Airborne Geophysical Survey on the D&H Project, West Timmins Area; Significance of the DZ3 Deformation Corridor Confirmed Toronto, Ontario – February 09, 2011 Ring of Fire Resources Inc.
(TSX-V: ROF,
FRANKFURT: RG5, OTC.PK: HWKPF) is very encouraged by the successful results and modelling that
Red Pine
Exploration Inc.
, West Timmins Area, Northern
Ontario. The SaraCourt Property
is contiguous to ROF’s D&H Project. Red Pine has confirmed that the DZ3
Deformation Corridor – which extends onto ROF’s D&H Project area
– is a structurally significant geological event
and is associated with anomalous gold values over a broad area
(see the news release issued by Red Pine on ROF plans to commence an Airborne Geophysical Survey later this year and is presently evaluating Airborne Geophysical Survey proposals from a number of providers. ROF has previously announced
) that the DZ3 Deformation Corridor
extends onto the D&H Project area, based on recent re-interpretation of airborne magnetic data
(map attached.) There are two additional deformation zones, namely the DZ2 deformation zone and the DZ1 deformation zones, which are projected to continue within the D&H Project. The DZ2 occurs in a number of patented claims strategically located along this deformation zone. The DZ1 appears to strike in the direction of the Trelawney Mining & Exploration Inc (TSX-V: TRR) Chester Township Project. The SaraCourt Property contains the Michelle, Krista and Mortimer mineralized zones currently being actively explored by Red Pine
(Its news releases of October 21, 2010, November 11, 2010 & February 08, 2011 provides
information about these zones.) ROF acquired the D&H Project by the staking 40 contiguous blocks comprising of 398 claim units and totalling approximately 15,661 acres in the Denyes, Halcrow and Greenlaw townships, West Timmins Area, Porcupine Mining District, Northern Ontario. ROF believes that the D&H project is well situated in the new geological interpretations of an old mineralized province that is evident by the recent announcement of results from Red Pine Explorations Inc. from their SaraCourt Property, Probe Mines Limited (TSX-V: PRB) on their Borden Lake Project, and REC Minerals’ extensive land position and interest in the area. 2500 – 120 Adelaide St. West, Toronto, Ontario M5H 1T1 Phone: 416-214-2250 Toll Free: 866-214-9486 Fax: 416-367-1954 About Ring of Fire Resources Inc.: Ring of Fire Resources Inc. is a Canadian based junior exploration company with a portfolio of diversified exploration projects at various stages of exploration and drilling for Nickel/Copper/Chromium/PGM in the ‘Ring of Fire’ McFauld’s Lake Area of Northern Ontario, Gold in Northern Ontario, and Uranium in Northern Saskatchewan and Quebec. More detailed information is available on the website at
www.ringoffireresources.com Cautionary Statement: 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.
No stock
exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. The foregoing information may contain forward-looking statements relating to the future performance of Ring of Fire Resources Inc. Forward-looking statements, specifically those concerning future performance, are subject to certain risks and uncertainties, and actual results may differ materially from the Company’s plans and expectations. These plans, expectations, risks and uncertainties are detailed herein and from time to time in the filings made by the Company with the TSX Venture Exchange and securities regulators. Ring of Fire Resources Inc. does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future events or otherwise. Contacts: Ring of Fire Resources Inc. H. Vance White, President Phone: 416-214-2250 Fax: 416-367-1954 Corinna de Beer, Investor Relations Phone: 416-792-0343 eMail: ir@ringoffireresources.com
February 08, 2011)
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