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rye patch gold corp (5TN) Snapshot

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03/5/14 - €0.18
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rye patch gold corp (5TN) Details

Rye Patch Gold Corp., an exploration stage company, engages in the acquisition and exploration of mineral properties in Nevada, the United States. The company primarily explores for gold and silver deposits. It holds interests in the Wilco, Lincoln Hill/Gold Ridge, Jessup, Patty, Garden Gate Pass, and South Coal Canyon projects covering an area of approximately 175 square kilometers located in Nevada. Rye Patch Gold Corp. was incorporated in 2006 and is headquartered in Vancouver, Canada.

Founded in 2006

rye patch gold corp (5TN) Top Compensated Officers

Co-Founder, Chief Executive Officer, Presiden...
Total Annual Compensation: C$164.5K
Chief Financial Officer
Total Annual Compensation: C$94.4K
Compensation as of Fiscal Year 2013.

rye patch gold corp (5TN) Key Developments

Rye Patch Gold Corp Announces Results of its 2014 Drilling Campaign on the 100% Controlled Lincoln Hill Project

Rye Patch Gold Corp. announced the results of its 2014 drilling campaign on the 100% controlled Lincoln Hill project located in Pershing County, Nevada along the Oreana trend in west-central Nevada. Highlights include: Drillhole LR-112 returned 4.18 g/t Au and 20.6 g/t Ag over 13.7 metres including high-grade gold and silver grading 34.35 g/t Au and 143 g/t Ag over 1.5 metres from the Looney mine target on Independence Hill; Drilling returned 0.62 g/t Au and 9.7 g/t Ag over 22.9 metres including 3 metres grading 3.16 g/t Au and 10.7g/t Ag from the Octopus target on Independence Hill; and the Looney and Octopus targets remain open down dip and to the northwest and northeast respectively. Rye Patch Gold US Inc. completed 28 reverse circulation drillings totaling 3,188 metres (10,460 feet) in two targets - Roosevelt and Independence Hill. On Independence Hill four zones were identified and tested, and the drilling campaign returned positive results from three of the four zones including the recognition of a high-grade gold and silver at the Looney and Octopus areas. Anomalous gold and silver assays were returned from the Buck & Charlie zone although the drill intercepted old mine workings where the projection of the high-grade gold zone was predicted. No significant gold results were returned from the Hilltop zone; however, several zones with silver were reported. The Looney Mine consists of quartz veins associated to altered lamprophyre dykes. The drilling intercepted two parallel mineral zones. The first zone was intercepted at less than 50 metres depth while the second zone was cut at 130-140 metres down the drillhole. Drillholes LR-112 and LR-113 were not deep enough to intercept the second zone, and LR-114 and 115 hit historic mine workings ranging between 1.5 to 3 metres (5 to 10 feet) in width; however, LR-114 and LR-115 did intercept the second parallel mineral zone. In LR-115, the drill intercepted 6.47 g/t Au and 3.0 g/t Ag over 1.5 metres, and LR-114 cut 33.7 g/t Ag over 1.5 metres. The Looney mine shows the presence of coarse gold in several drillholes. The most remarkable is LR-116 where the standard fire assay returned 1.2 g/t Au while the metallic screen yielded 5.67 g/t Au at the interval 74.7 to 76.2. This comparison suggests coarse gold is present along the Looney structure. The Looney zone remains open to northwest and down dip. At the Octopus zone, drilling revealed a thick mineralized package averaging 0.62 g/t Au and 9.7 g/t Ag over 22.9 metres including 3.16 g/t Au and 10.2 g/t Ag over 3 metres. A second intercept returned 0.18 g/t Au and 39.1 g/t Ag over 7.6 metres including 149 g/t Ag over 1.5 metres. In addition, LR-108, a zone of anomalous zinc with values as high as 2.5% was intercepted at 62.5-64 metres. The significance of the zinc mineralization is under review. The gold zone remains open to northeast and down dip. LR-101 through LR-106 are located along the Buck & Charlie zone on Independence Hill. LR-101 intercepted two large historic mine workings ranging from 3 metres wide to 10 metres wide. Difficult ground conditions caused the drillhole to be lost. The remaining drillholes tested the southwest extension and intercepted low grade or no significant assay results; however, the northwest extension remains untested and open. The Hilltop Mine drilling returned several anomalous silver values ranging from 3 to 10 g/t Ag in narrow zones. Overall, there were no significant gold assays from the Hilltop zone or the Roosevelt target.

Rye Patch Gold Corp. Presents at 2014 Precious Metals Summit Switzerland, Nov-05-2014 09:30 AM

Rye Patch Gold Corp. Presents at 2014 Precious Metals Summit Switzerland, Nov-05-2014 09:30 AM. Venue: Park Hyatt Zurich, Zurich, Switzerland. Speakers: William Carl Howald, Co-Founder, Chief Executive Officer, President and Director.

Rye Patch Gold Corp. Announces the Results of 2014 Drilling Campaign on the Wilco Project

Rye Patch Gold Corp. announced the results of its 2014 drilling campaign on the Wilco project located in Pershing County, Nevada along the Oreana trend in west-central Nevada. Rye Patch Gold US Inc. completed 13 reverse circulation drillings totaling 2,103 metres (6,900 feet) in three target zones - Colado, Gap and Rhyolite. The drilling campaign returned positive results from the three target areas including the recognition of several high-grade gold zones. At Colado, six drillholes totaling 726.9 metres were completed. Drillhole WR-120 was designed to test the intersection zone between a major northwest and north-northeast feeder faults that define a "Wishbone" shape to the high-grade zone. In drillhole WR-120, gold and silver mineralization start at 70 metres and returned 59 metres grading 1.07 g/t gold and 10 g/t silver including 22.9 metres zone grading 1.52 g/t gold and 12.9 g/t silver. At the north margin of the resource area, drillholes WR-117 and WR-121 extended the mineralization for an additional 100 metres. Drillhole WR-117 encountered the zone and returned 1.32 g/t gold over 9.1 metres starting at a depth of 105.2 metres. The Colado high-grade zone has a "Wishbone" shape with a northwest and north-northeast oriented zone that intersect to the south. The northwest arm is 1,300 metres by 85 metres while the northern arm is 510 metres by 115 metres in plan view. The zones are open to the north, northwest, and southeast. Additional drilling is being planned.


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