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Last C$0.25 CAD
Change Today 0.00 / 0.00%
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RTH On Other Exchanges
As of 2:27 PM 05/29/15 All times are local (Market data is delayed by at least 15 minutes).

rathdowney resources ltd (RTH) Snapshot

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08/15/14 - C$0.40
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11/10/14 - C$0.18
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rathdowney resources ltd (RTH) Details

Rathdowney Resources Ltd., together with its subsidiaries, engages in the acquisition, exploration, and development of mineral properties in Poland and Ireland. It primarily explores for zinc, lead, and silver deposits. The company owns interests in the Olza project, a zinc-lead prospect comprising the Zawiercie, Rokitno, and Chechlo concessions covering an area of approximately 150 square kilometers located in the southwestern Poland. It also holds interests in various properties that cover an area of approximately 1,233 square kilometers in Ireland, as well as has optioned 31 prospecting licenses that comprise the Westmeath South, Westmeath North, Galway, Laois, Longford, and Meath properties located in the Irish Midlands zinc-lead district. The company was incorporated in 2008 and is based in Vancouver, Canada.

Founded in 2008

rathdowney resources ltd (RTH) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: C$254.5K
Senior Vice-President, Country Manager of Pol...
Total Annual Compensation: C$218.8K
Compensation as of Fiscal Year 2014.

rathdowney resources ltd (RTH) Key Developments

Rathdowney Resources Ltd. Appoints Andrew Ing as Chief Financial Officer

Rathdowney Resources Ltd. announced that Andrew Ing, CA, CF, CIA, CISA, CGEIT, has been appointed Chief Financial Officer of the Company. Mr. Ing holds Chartered Accountant and Corporate Finance designations, as well as specialized designations in corporate governance, internal audit and the strategic management of information technology. He has more than 10 years of experience in the natural resources sector, focusing on corporate development activities with an emphasis on capital finance, business agreement negotiations and risk management. He previously held positions with professional services firms PricewaterhouseCoopers and Deloitte Touche Tohmatsu, providing advisory services to mining companies in Asia, Europe and the Americas.

Rathdowney Resources Ltd. Auditor Raises 'Going Concern' Doubt

Rathdowney Resources Ltd. filed its Annual on Apr 30, 2015 for the period ending Dec 31, 2014. In this report its auditor, KPMG LLP, gave an unqualified opinion expressing doubt that the company can continue as a going concern.

Rathdowney Resources Ltd. Announces the Completion of Preliminary Economic Assessment for its 100%-Owned Olza Zinc-Lead Project, Located in Southwestern Poland

Rathdowney Resources Ltd. announced the completion of a Preliminary Economic Assessment ("PEA") for its 100%-owned Olza Zinc-Lead Project ("Project Olza" or the "Project"), located in southwestern Poland. The PEA was conducted by independent international engineering specialists, led by SRK Consulting (UK) Ltd. ("SRK") with contributions by Melis Engineering Ltd., and demonstrates strong potential financial returns for Project Olza. The development scenario recommended by SRK for the Project is a conventional underground mine using room and pillar mining methods and a mineral processing rate of 6,000 tonnes per day ("tpd") or 2.16 million tonnes per year ("Mtpa"). The mine would be accessed by two declines from surface, which enhances the construction timeline and provides for long term operational efficiencies. The PEA incorporates construction of a processing facility, utilizing semi-autogenous grinding ("SAG") and ball milling followed by standard flotation to produce marketable low iron zinc and lead concentrates that would be shipped to smelters. The Inferred Mineral Resource of 24.4 million tonnes ("Mt") grading 7.02% Zn+Pb at a 2% Zn cut-off, estimated in compliance with NI 43-101 has been used as a basis for the PEA mine life ("LOM") of eight years. Extensive historical drilling conducted by the Polish government has documented widespread zinc-lead mineralization outside of the current resource-area. In the areas where confirmatory drilling was carried out by Rathdowney, there has been good correlation with the results from the historical drilling. The potential to increase Mineral Resources and extend the Project life with additional drilling is considered to be excellent.


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