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Rithm Property Trust Inc V.RPT


Primary Symbol: RPT

Rithm Property Trust Inc., formerly Great Ajax Corp., is a real estate investment trust (REIT) externally managed by an affiliate of Rithm Capital Corp. The Company is focused on a flexible commercial real estate focused investment strategy. It is investing in and managing real estate and financial services assets.


NYSE:RPT - Post by User

Bullboard Posts
Post by sammenardon Jun 04, 2009 10:45am
297 Views
Post# 16043170

Sibly Neighbour news.

Sibly Neighbour news.

Kirkland Lake, Ontario – June 4, 2009 – RJK Explorations Ltd. (RJX.A: TSXV) ("RJK") has received the final VTEM data for its Dorion South Platinum/Palladium/Cu/Ni Property and wishes to advise that the three previous drill holes completed in 1965, which encountered gabbro and ended in peridotite, correspond with defined airborne magnetic anomalies. Geotech Inc. is completing magnetic modeling of the data which will then be correlated with existing data to determine drill hole locations for the initial drilling program, scheduled to occur as soon as possible.

RJK recently completed several private placements with the proceeds to be used to fund the drilling on its Dorion South property. It should also be noted that Magma Metals (MMB – ASX), the Australian company with the initial discovery at Thunder Bay North, is aggressively moving ahead after completing a $16 million private placement and finishing off a 31,000 m definition drilling program. Magma has confirmed that their peridotite intrusion is part of a 5km-long magma conduit which could host a substantial Pt-Pd-Cu-Ni deposit. Interested parties may view map of the 1965 drill holes and the 2009 VTEM Airborne survey on RJK's website.

Bullboard Posts