*NEW* 1,000oz Gold pulled out from just 2 cuts, just 40m in to mining programme.

Matthew Gordon,
Ptolemy Capital


To us this confirms strategy and model is working. RNC Minerals' (TSX: RNX) CEO, Mark Selby, is keen to add a note of caution saying this may not happen again imminently (but it might), however this is the third time they've hit +1,000 ounce. And (laughably) it happen just 40m in to the current mining programme while they were on their way to the 'more high probability area' that they are targeting. This is happening in and around the area that they found the Father Day Vein, which presumably means that at some point RNC just blast through to connect the dots.

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