The D & H Project is contiguous to the SaraCourt Project held by Red Pine Exploration Inc (TSX-V: RPX) ("Red Pine"), which contains the Michelle, Krista and Mortimer mineralized zones currently being actively explored by Red Pine (see RPX news release dated November 11, 2010). Red Pine announced results (see RPX news release October 21, 2010) from diamond drilling on the SaraCourt Project that included 4.05 g/t gold over 35 metres, included in which was an intersection that ran 7.76 g/t gold over 15 metres.
Recent re-interpretation of the geology and structural controls of this area has the DZ3 Deformation Zone presently being explored by RedPine projecting onto the D&H Project (See map attached). There are two additional deformation zones, namely the DZ2 deformation zone and the DZ1 deformation zone, that 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 Project where they announced (see TTRR news release dated November 16, 2010) an intersection of 520.28 metres of 1.44 g/t gold (0.92 g/t cut) including 1.70 metres of 199.80 g/t gold.
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 project, Probe Mines Limited (TSX-V: PRB) on their Borden Lake Project, and REC Minerals' extensive land position and interest in the area.
Michael Newbury, P.Eng, a "qualified person" as such term is defined by National Instrument 43-101, and a director of Ring of Fire Resources Inc. has reviewed the laboratory results that included the assay results disclosed, and has otherwise reviewed and approved the technical information disclosed on behalf of the Company