Rof Commences Drilling on the Kingsmill Nickel Target
(via Thenewswire.ca)
Toronto, Ontario - January 23, 2012 Ring of Fire Resources Inc. (the
"Company" or "ROF") (TSX-V: ROF, FRANKFURT: RG5,
OTC.PK: HWKPF) is pleased to announce that the Company has commenced
drilling on the Kingsmill Nickel target, on Project 81, in the Timmins
area, Northern Ontario.
A 5000 meter drill contract is signed with NPLH Drilling of Timmins
Ontario to test and confirm Nickel and Gold mineralization from
previous drilling (see ROF news releases Dec 1, 2011 & Dec. 5,
2011) dating back to the 1960's and 1980's.
Concurrent with the nickel-target drilling, a 45 line km grid will be
cut over the Lucas Gold target in order to conduct a ground
geophysical IP survey before spotting drill holes on this target.
About Project 81:
Project 81 is a 70,090 hectare patented land package divided into 2
blocks. The patents include surface, mineral and timber rights, and
host a significant timber resource plus a number of zones that have
historical exploration identifying nickel and gold mineralization
(these sample results are historical and non 43-101 compliant) from
work carried out in the 1960's and 1970's some of which have been
previously announced.
About Ring of Fire Resources Inc.:
Ring of Fire Resources Inc. is a Canadian based junior exploration
company holding in excess of 70,000 hectares of property in the
Timmins, Iroquois Falls and Smooth Rock Falls areas of Northern
Ontario, upon which it plans to develop and implement an exploration
program for the balance of 2011 and 2012. It also holds a portfolio
of diversified exploration projects at various stages of exploration
and drilling for Vanadium/Nickel/Copper/Chromium/PGM in the 'Ring of
Fire' McFauld's Lake Area of Northern Ontario, Gold in the Wawa area
of Northern Ontario, and Uranium in Northern Saskatchewan.
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:
H. Vance White, President
Phone: 416-214-2250
Corinna de Beer, Investor Relations
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