For thousands of other reports visit RSC's Mineral Intellingence Map

Rainy Mountain Royalty Corp.

opaxe

Summary

Project:

Brunswick

Deposit:Brunswick
Location:Canada
Commodities:Gold
Date:7/12/2017
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:12-7-2017: Rainy Mountain Royalty Corp. announces an Exploration/Drilling Update report for its Brunswick deposit at the Brunswick project. JV - Drilling results incl. 1m @ 3.29g/t Au from 33m. West Vancouver, British Columbia – July 12, 2017 - Rainy Moun
Resources:x
CP/QP:[Overall Report]: Robert Middleton (Internal)
ABSTRACT:West Vancouver, British Columbia – July 12, 2017 - Rainy Mountain Royalty Corp. (the “Company” or “Rainy Mountain”) is pleased to report drilling assay results and provide an exploration update on its optioned gold exploration property (the “Brunswick Property” or “Property”) located 140 km south of Timmins, Ontario. As previously announced (see Company’s news release dated June 8, 2017), 14 short drill holes were completed (2121m) on four different 2-4 km long shear zones, as well as the original gold showing area on the Brunswick Property adjacent to the Ridout Fault. All of those shear zones consisted of intense iron carbonate (ankerite) alteration with sericite, pyrite, and sections of laminated quartz with hydromuscovite, fuchite alteration (chrome mica), and sections of silicification and albitization. Intense folding has been observed, and the Company’s Qualified Person, Robert Middleton, P.Eng., believes that all four shear zones resemble gold settings found in the Timmins-Porcupine Camp.

Full Report

opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.

Full Report