RNC Minerals Announces Management Appointments

Press Release

TORONTO, Sept. 23, 2019 – RNC Minerals (TSX: RNX) (“RNC”) is pleased to announce the following appointments: Graeme Sloan as Managing Director, Australian Operations, Johnna Muinonen as President, Dumont Nickel, and Alger St-Jean as Executive Vice President, Exploration and Resource Development, Dumont Nickel. These changes have been made to make RNC a stronger company and better align our people to maximize the value of each of the assets within our portfolio.

In his role as Managing Director of RNC’s Australian operations, Graeme Sloan has overall responsibility for the Beta Hunt Mine and Higginsville Gold Operation and is leading the initiative to realize the inherent synergies resulting from integration of these assets to create a stronger, lower cost operation. Over the course of his 40-year career in mining operations, Graeme has an excellent track record of success in building and operating integrated mining operations. During his 5-year tenure as Chief Executive of Perseverance Corporation from 2002-2007, Graeme had overall responsibility for the construction of the Fosterville Mine and Mill.

Johnna Muinonen has been promoted to the position of President, Dumont Nickel, a division of RNC Minerals. Johnna will be responsible for the management of the Dumont joint venture. Her mandate will be to work towards identifying and implementing the best strategy to maximize the value of RNC’s interest in the Dumont Nickel-Cobalt Project. Johnna has over 20-years mining industry experience, primarily in operational management and technical processing roles. Prior to joining RNC in 2010, she was a member of the capital project group at Vale Inco and Project Leader for the Vale ultramafic nickel project. Johnna is a Professional Engineer registered with the Professional Engineers of Ontario. She holds a Bachelor of Science in Mining Engineering from Queen’s University.

Alger St-Jean has been appointed to the position Executive Vice President, Exploration and Resource Development, Dumont Nickel. Alger will be responsible for leading the geology and exploration team at Dumont as well as continuing his lead role with the Dumont sustainable development group. Previously, he served as Vice President, Exploration of RNC Minerals (since April 2007). Prior to joining RNC, Alger was a Senior Geologist for Xstrata Nickel (previously Falconbridge Limited) and was responsible for the management, design and implementation of nickel exploration programs at Falconbridge Limited. Alger is a Professional Geologist registered with the Association of Professional Geologists of Ontario and holds a Master of Science degree from McGill University and a Bachelor of Science degree from St. Francis Xavier University.

About RNC Minerals

RNC is currently focused on the integration of its Beta Hunt Gold Mine with its recently acquired Higginsville Gold Operation (“HGO”) in Western Australia. The robust Beta Hunt gold resource is underpinned by multiple gold shears with gold intersections along a 4 km strike length which remains open in multiple directions. The gold resource is adjacent to an existing 5 km ramp network. RNC has a 100% interest in HGO, which is comprised of a low cost 1.4 Mtpa gold mill and a substantial portfolio of gold tenements. In addition, RNC has a 28% interest in a nickel joint venture that owns the Dumont Nickel-Cobalt Project located in the Abitibi region of Quebec. Dumont contains the second largest nickel reserve and ninth largest cobalt reserve in the world. RNC also owns a 24% interest in Orford Mining Corporation, a mineral explorer focused on highly prospective and underexplored areas of Northern Quebec. RNC has a strong Board and management team focused on delivering shareholder value. RNC’s common shares trade on the TSX under the symbol RNX. RNC shares also trade on the OTCQX market under the symbol RNKLF.

For further information: Rob Buchanan, Director, Investor Relations, T: (416) 363-0649, www.rncminerals.com

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