whitehotstocks.comRoyal Standard Minerals
With Gold Prices firming there are many ways to play the potential upside
should Gold make a big move. You can buy the physical metal, buy an ETF,
buy a large cap producer; buy a junior exploration or producing company. If
one believes that Gold will make a move higher one should potentially look
into all of the above.
If you are looking for a speculative potential 5-20 times on your money we
think RYSMF(Royal Standard Minerals) could potentially just be that name.
The company`s market cap is a meager 5 million dollars. The company has
close to 1.5 million dollars on their balance sheet. RYSMF has SEVERAL
properties at advanced stages. The Goldwedge property is close to
production. RYSMF assets are in Nevada so you don`t have the political risk
you have with properties in some Latin American countries.
With potential production right around the corner if this sleeper moves
back to where it was in this past April it would be almost 100% gain from
here. If it goes back to its all time highs it would represent a 20 bagger!
Make sure to go to our website
www.whitehotstocks.com and view the
companies information. Don`t miss what could potentially be one of our
biggest winners.
As always make sure to do your due diligence
Listed: OTCBB Stock Price: (7/07) $0.06
Institutions Own: 13% Shares outstanding: 84,561,274
Fully Diluted:
87,346,789
Currency in USD Approx Market Cap: $5 MM
BACKGROUND
Royal Standard Minerals Inc. is a natural resources company focused on
district scale gold-silver exploration and development programs in Nevada.
The Company has 100% interest in seven (7) advanced and exploration-stage
projects in four (4) districts in Nevada. RSM is focused on controlling
major portions or a majority interest in multi-deposit target area(s)
within each district (a District Play) in areas that offer potential
for large (multimillion ounce) undiscovered gold deposits.
Royal Standard Minerals on the OTC.BB
The stock is at .065c. We think the stock has the capacity to trade north
of .50c -$1. This gold exploration soon to be producer has several
properties in Nevada. The Goldwedge property will likely be in production
in the next year.
GO to the website
www.whitehotstcks.com for more information on RYSMF. Do
your due diligence as this could be a huge winner .
We will have more on this potentially explosive company.
Royal Standard Minerals
The
stock is trading at an approx valuation of 5 Million. You be the Judge
do
you think you could replicate these assets for 5 Million
How many
Mining companies are on the verge of production and are trading
at these
valuations
While we are not saying this is going to go back to the
highs of $1.45
tomorrow or next week; it surely looks darn cheap and could
potentially be
a double or triple.
We urge you to do some due diligence
on this potential sleeper.
Listed: OTCBB Stock
Price: (7/07) $0.06
Institutions Own: 13% Shares
outstanding: 84,561,274
Fully Diluted:
87,346,789
Currency in USD
Approx Market Cap: $5 MM
BACKGROUND
Royal Standard Minerals Inc.
is a natural resources company focused on
district scale gold-silver
exploration and development programs in Nevada.
The Company has 100%
interest in seven (7) advanced and exploration-stage
projects in four (4)
districts in Nevada. RSM is focused on controlling
major portions or a
majority interest in multi-deposit target area(s)
within each district (a
District Play) in areas that offer potential
for large (multimillion
ounce) undiscovered gold deposits.
The Companys growth plan includes
property development, with initial
production commencing in the first
quarter 2008.
The development of gold/silver deposits has been a
strategic direction
for the Company over the past five years. It has
positioned itself for
what it believes are significant opportunities in
the near term to develop
high-grade underground and economic open pit
gold-silver deposits with
exploration potential. The Company has
capitalized upon the availability of
high quality gold/silver deposits
that can be developed economically.
This effort should result in a shorter
period for capital recovery and
profitability.
Summary
Nevada ranks
as the leading gold producing state in the US with more than
250 tons
produced in 2000 placing it third in terms of world ranking. The
State of
Nevada supports a viable gold/silver mining industry. The
environmental
requirements are well established and are considered fair.
The high
grade Goldwedge project represents the first development
project. Plans
for 2008-2009 are to advance the Goldwedge property toward
full
production. The decline construction phase of the program has been
extended to more than 3,000 feet. This program has intersected at least
two mineralized zones. Plans include expanding the production rate of the
plant and the construction of a cyanide treatment plant that will enhance
the gravity recovery circuit.
In regard to the Pinon and Railroad
projects, RSM will conduct a drilling
and trenching program to establish
the size and average grade and
metallurgical data to complete a
feasibility study. This effort will
include commencing the application
process for a mining permit with State
and Federal authorities for the
Companys Pinon and Railroad projects.
If the Company is properly
funded, the Fondaway gold property feasibility
study and development plan
will occur concurrently with the work on the
other projects commencing
initially with an underground drilling and
metallurgical sampling
program.
Nevada Gold Programs
Manhattan / Round Mountain Caldera
Program
Goldwedge Project
Nye County, Nevada
The Manhattan/Round
Mountain Caldera program is the Companys most
advanced district play.
The first pre-development project is to be the
100% controlled Goldwedge
deposit located within the Manhattan Mining
District. The Goldwedge
deposit is located approximately 8 miles south of
the large Round Mountain
gold mine. The Company has acquired a mine permit
for an underground
(decline) mine and mill facility to process 500 tons per
day. The
construction of the decline and development of the central zone
is
commenced in 2007 and currently the decline has been driven to almost
4,000 linear feet. This effort has identified two mineralized zones that
are expected to be developed. The effort will include the expansion of
the
grinding capacity of the gravity plant through the installation of a
larger
ball mill to increase tonnage throughput within the plant.
Gold
Resource Estimates - The land position in the Manhattan Mining
District
includes a contiguous land package that includes 70 patented and
unpatented lode mining claims. The drill testing the extensions along
strike and at depth of the Goldwedge deposit could increase the resource
significantly.
Goldwedge Deposits
The Goldwedge, one of several
deposits in the area, is considered to have
the best potential in the
district for developing into an underground mine.
The deposit contains
excellent exploration potential for
future growth and
includes measured,
indicated and inferred resource categories. Based upon
the results of 80
drill holes primarily within the central zone the gold
mineralization
occurs over a strike length of about 1,100 feet and more
than 500 feet of
vertical extent. The adjoining Echo Bay, West Pit mine
(open pit closed
in early 1990s) equivalent gold mineralized section is
believed to
occur below the current Goldwedge resources. The down plunge
extent of
the deposit toward the north is untested, added resources could
double the
strike length of this deposit toward the north and northwest.
Royal Gold
has intersected high grade gold mineralization and the
presence of a
potentially viable near surface deposit immediately west
(<500 feet) of
the known Gold Wedge deposit. RSM has analyzed all of the
drill data as
part of a detailed geologic inventory of the deposit. The
Goldwedge
deposit is expected to be the latest development program within
the
Manhattan District.
The Goldwedge deposit is considered to be the
northern, high grade,
underground extension of Echo Bays Ltd. West Pit
deposit. The
acquisition of a patent claim between Echo Bays open pit
and RSMs
Gold Wedge deposit has significantly increased the exploration
potential
and potential mineability of the Goldwedge Deposit.
The
Goldwedge deposit occurs at the intersection of north and northwest
trending faults. In the deposit area, the north trending Reliance fault
where northeast factures are mineralized in the Ordovician Zanzibar thin
bedded limestone and siltstone. The Zanzibar limestone is a very
favorable
host rock preserved in the upper plate of a thrust fault. Echo
Bays
deposit occurs in the Cambrian Gold Hill siltstone, which
underlies the
Zanzibar limestone. RSM has evaluated all of the pertinent
drill data as
part of a detailed inventory of the deposit geometry, size
and overall
grade. The current exploration model suggests that the
Goldwedge deposit
and the extensions may contain additional gold resources
containing very
high grade gold values at depth near the contact with the
Manhattan Caldera
margin. This area has never been drill tested. RSM
plans to carry out
such a program during the underground feasibility of
the central zone
development.
The Company has all of the necessary
mining and surface use permits from
the State and Federal agencies, the
mining and mill processing permits for
the Goldwedge project were granted
by the Nevada Department of
Environmental Protection (NDEP). Recently,
2008 the mine permit has been
renewed.
Carlin Trend Gold-Silver
Program
Pion/Railroad Project / Carlin Trend South - Elko County,
Nevada
The 100% controlled Pion/Railroad properties consisting of more
than
17,000 acres of fee lands, patented and unpatented mining claims are
located on the southern portion of the Carlin gold trend, a belt that has
produced more than 50 million ounces of gold, the property position
extends
for about 10 miles from the Rain Fault (Rain Gold mine) on the
north end to
the South Bullion deposit on the south end. In 1995, RSM
acquired Cyprus
Gold Explorations position. Since its inception,
approximately 15 MM
has been spent including numerous drilling campaigns
over the years
resulting in the completion of more than 600 drill holes on
the project by
various joint-venture partners.
Exploration to date,
based on extensive drilling has identified several
potentially economic
lower grade bulk-mineable gold deposits to include
the Pod and South
Bullion deposits. South Billion includes a large gold-
silver bearing
system with total mineral inventory on more than 17,000
acre land
package.
RSM is currently evaluating the economic potential of the
larger,
near-surface deposits (Main zone and North pod open pit measured
oxide gold
(the starter pit) in the South Bullion resource area is
part of a
larger gold-silver resource. There is the potential for a
higher grade
open pit oxide deposit that RSM is currently evaluating for
possible
development. The current total resource size for the starter pit
program.
The permitting process is expected to permit a 5,000 ton per day
operation
that will likely initially operate at 3,000 tons per day. This
operation
may be expanded to include other deposits that RSM controls in
the area as
the mining operation progresses. The near surface oxide
development
program and environmental mine permits application in 2008.
During this
period the Company has commenced metallurgical evaluations,
surface
facilities planning and open pit modeling of the deposits. The
metallurgical analysis indicate that the open pit deposits will be
mineable
through conventional grinding and heap leach recovery of the ore
yielding a
70% gold and 60% silver recovery. RSM is evaluating the
potential for
several open pit operations and a central heap leach permit
application
for the Pinon project initially that will include the nearby
Darkstar gold
property and later the Railroad near surface oxide deposits
with the BLM.
The discovery of high-grade feeder gold deposit(s)
under the near
surface deposits, the potential for the discovery of high
grade deep
targets on this property analgous to the Rain extension deposit
(5-7
million tons of 0.35 opt gold) is considered by RSM to be high.
The Railroad, Pod-Jasperoid deposits located on the northern portion of
the Companys land package (close to Newmonts Rain mines) is
considered to be a high priority project to be further evaluated for its
economic potential. The Pod deposit hosts a near surfaced oxide gold
deposit.
The geologic environment is very similar between the Pinon and
Rain
extension deposits. Pinon is located directly on the Carlin Trend
corridor
of mineralization with the Rain Extension deposit (4 million
ounces @ 0.45
opt gold grade) occurring 10 miles north of the Pinon
Project. Both
deposits occur in graben faulted areas with the Rain
Deposit occurring in
the fault bounded margin of the graben and Pinon
occurring in the siltstone
beds within the graben. The Web Formation is
mineralized above the Devils
Gate limestone at bothdeposits. At Rain, the
mineralization occurs in and
closely associated with the Rain Fault. At
Pinon, the known mineralization
has not yet been connected to a strongly
mineralized fault. However,
higher grade economic mineralization has been
encountered at very shallow
depths, mineralized oxide zones occur along a
1,300 feet strike length and
occur less than 90 feet below the surface.
The project focus is to define shallow economic mineable by open pit
methods and high grade deep (Rain Extension-type deposit) along the fault
bounded margin of a graben on the 16,000 land package that offers
multideposit discovery potential.
In the Railroad area the Company has
identified a major skarn
copper-molybdenum-gold system that could contain
a several hundred million
ton mineral system that has the potential to
develop into a large base and
precious metal system. This portion of the
property is seen to underlie
the gold deposits on the northern portion of
the property.
Intrusive Related Gold Program
Fondaway Canyon
Project
Churchill County, Nevada
The Fondaway Canyon gold Property
consists of 148 contiguous unpatented
lode-mining claims on BLM land on
the western slopes of the Stillwater
Range, Churchill County, Nevada.
Stratigraphic units important to gold and
tungsten mineralization at
Fondaway Canyon are the Triassic Grass Valley
phyllites and the Jurassic
Boyer Ranch limestone and quartzite sequence.
Most of the gold resource
occurs in the Triassic phyllites (Deep Dive
resource) occurs in Jurassic
limestone. The units are folded along
east-west axes with slightly
overturned limbs and overthrust by the Boyer
Ranch limestones and
quartzites. Near-vertical, east-west, mineralized
shear zones host the
Half Moon, Paperweight, Hamburger Hill and South Pit
resources. The
Deep-Dive gold resource is partially stratabound, replacing
a limestone
unit adjacent to a steep, east-west mineralized shear zones.
Gold values
are restricted to the shear zone and are not disseminated into
phyllite
wallrocks unless stockwork fractures are developed. The vertical
extent
of high-grade gold in the mineralized shear zones is greater than
1,000
feet and is open at depth based on recent drilling. Horizontal
continuation of the gold-mineralization shear zones is remarkable. The
Paperweight-Hamburger Hill mineralized shear zone is the most persistent
known, with a strike length of 3,700 feet and width commonly between 5 and
20 feet. Drilling and assay records indicate that 568 holes have been
drilled on the property for a total estimated footage of 200,000 feet of
RC
drilling and 22,000 feet of core drilling to include 455 reverse
circulation, 49 core holes and 64 air track holes. Tenneco the latest and
the most active company drilled approximately 350 of the 455 reverse
circulation holes and drove 500 feet of adit workings for sulfide
metallurgical sampling and analysis on the underground targets and
developed and operated an open pit heap leach mine on this property before
exiting the mining business in the 1990s. Tundra Gold Mines drilled
35
of the 49 core holes. This large property offers potential
opportunities
to expand the gold resource base beyond 1 million ounces of
gold in what is
believed to be a geologic environment that is analogous to
the large deep
Carlin Trend gold deposits, e.g., the Goldstrike deposit.
This contention
is supported by the fact that gold mineralization occurs
within a zone that
extends over 12,000 feet along strike, 3,000 feet wide
and has been drill
tested to about 1,000 feet in depth with positive
results. The large areal
extent of this gold mineralized system tends to
support the contention
that this property has multiple deposit discovery
potential.
Epithermal Gold-Silver (Dixie-Comstock Property
The
Dixie-Comstock Epithermal Gold-Silver Project, Churchill County,
Nevada
The property is located in Dixie Valley approximately 20 miles northeast
of the Fondaway Canyon Property on the east side of the Stillwater Range.
The deposit is represented as a near surface, open pit potential deposit
that occurs within a currently active geothermal field that currently
produces steam energy for electric power generation. The deposit outcrops
in and contains potential bulk mineable oxide gold.
There is
considerable exploration potential for additional reserves in
this area
that will require additional exploration within major structures
marginal
to the range from fault system.
Management
RSM management has
extensive experience in the exploration and
development of mineral
deposits. The bulk of that experience has been in
the exploration and
development of gold and base metal deposits. In
addition to the
individuals indicated below, the company utilizes some of
the more notable
and experienced technical consultants in the mineral
industry for specific
technical support as advisors to the corporation and
function as
independent arms-length evaluators of the Companys ongoing
business.
Roland M. Larsen, President/CEO, has over 30 years of experience in the
natural resources industry in exploration and management roles. He has
devoted the last 11 years as an officer of public companies primarily in
the natural resources business. He is a member of the AIPG, SEG and AIME.
Mr. Larsen holds a M.S. degree in geology from the University of TN.
John Munroe, Chief Geophysicist and Environmental Coordinator
Mr. Munroe
is in charge of all of the exploration activities as well as
involved in
the all facets of the environmental program currently under way
on all of
the Companys properties. He has more than 30 years experience
involved
in mineral exploration and mining for Amax Exploration and BHP.
Lupe
Regalado, Mine Manager
Mr. Regalado is the manager of underground
operations at the Goldwedge
project. He has more than 40 years experience
in the mining business
specializing in decline construction.
Conclusion
Plans for 2009-2010 are to advance the Goldwedge property
toward a
production. This effort will include the continued construction
of the
spiral decline and a series of crosscuts. Plans include evaluating
some of
the higher grade zones for future production.
Royal Standard Minerals
Why are we so excited about RYSMF
Let`s first look at where the company`s assets are located and then the
assets.
Why Nevada
The state accounted for close to 80% of all gold produced in the U.S.
Even more impressive, this relatively small region produced nearly 9% of
the world`s gold. If Nevada were a country, it would rank about third in
world gold output. In other words, RYSMF is in the right place at the right
time.
Now let`s look at the chart of the stock. There is an old adage "Buy low
and sell high" the stock looks like it is potentially crazy cheap down
here.
But wait lets look at the assets of the company.
Railroad-Pion
The Railroad-Pion property lies along the southern Carlin trend. This
project spans more than 17,000 acres, with the northern portion situated
near Newmont`s Rain and Rain Extension deposit (4 million ozs; 0.45 opt
gold). Various operators have spent more than $15 million exploring
Railroad-Pion. This work, including more than 600 drill holes, has
identified several low-grade potentially bulk-mineable gold deposits and
deeper, high grade underground gold-silver deposits. The Railroad area also
hosts a significant copper-lead-zinc-gold-silver prospect currently under
evaluation
Goldwedge
Goldwedge is recognized as having the best underground development
potential in the Manhattan district. The primary resource covers a strike
length of approximately 1,100 feet, with a drill tested vertical extent of
over 500 feet. The system is open along strike down-dip and down-plunge
toward the northwest. Development includes a crushing plant, gravity
recovery facility, leach pads and over 2000 feet of decline. Underground
exploration and surface drilling continues to encounter new mineralization.
The Manhattan mining district has produced an estimated 1,000,000 ounces
of gold. This rich history includes the nearby Manhattan mine (1974-1990),
an open-pit operation that produced 236,000 ounces of gold at an average
grade of 0.08 opt. The adjoining Echo Bay East and West Pit deposits
operated in the early 1990s, producing 260,000 ounces at an average grade
of 0.06 opt. The Kinross/Barrick Round Mountain Mine is situated eight
miles north. The district`s recorded placer production totals about 150,000
ounces, while small-scale lode mines produced another 100,000 ounces.
Darkstar Deposit
The Darkstar deposit is located approximately one mile east of the Pinon
Main zone deposit in Elko County, Nevada. Darkstar is a near surface, open
pit gold/silver system. The Darkstar structural trend mineralization and
alteration have affected rocks of the Mississippian and the Chainman
Formations and those of the upper Miocene Humboldt Formation. The deposit
alteration is characterized as multi-phased silicification and clay
alteration associated with this gold/silver system. The property
development area has a defined antiformal shaped zone that is somewhat
bedding conformable gold mineralization. This zone is characterized by
abundant hydrothermal injection breccias and pervasive silicification.
Mineralization occurs sporadically in the weakly silicified hanging and
footwall rocks and, also hosted by crosscutting and high angle fault zones.
Preliminary metallurgical testing results on drill cuttings indicate that
mineralization is amenable to direct cyanidation treatment indicate gold
recoveries in leaching. Gold recovery rates were fairly rapid and
extraction and was substantially. Cyanide consumption was low.
Fondaway Canyon
Fondaway Canyon contains a high-grade, vein-hosted gold resource spanning
an 11,000-foot mineral belt. The property covers 148 contiguous claims
about 40 miles east of Reno, Nevada on the western slopes of the Stillwater
Range. RYSMF believes Fondaway Canyon offers excellent opportunity to
expand its existing resource.
High-Grade Resource in Gold-Tungsten System
The property hosts an intrusive-related gold-tungsten system more than
3,000 feet wide. This system contains at least 15 separate gold bearing
veins, some up to 20 feet in width. Past operators drilled 568 holes,
outlining the following resource:
Dixie-Comstock
The Dixie-Comstock property is located in the Dixie Valley, near the base
of the east flank of the Stillwater Range in Churchill County, Nevada. The
near surface epithermal gold system occurs mostly within the Stillwater
gabbro and is generally covered in alluvium. The gold system controlled by
quartz veins, bordered by quartz stockwork, and occurs within the gabbro
near the contact with the alluvium. The stockwork is transitional to
hydrothermal breccia, showing intense silicification. The alluvium has been
mineralized near the load deposit.
The Dixie Valley is the site of considerable seismic and geothermal
activity, with a geothermal power plant located 15 miles northeast of the
property.
A total of nearly 70,000 feet of drilling has been completed on the
property. Drilling has included mostly reverse circulation drilling and
some core holes. Major mining companies have drill tested this property
over the past 25 years to include Asarco and Santa Fe Minerals. Addwest and
Horizon Gold Shares have also carried out drilling programs on this
property in the 1980s and early 1990s.
So RYSMF is in the right location; it has great properties ( All
properties above are 100% owned) and has cash of 1.5 mil on their balance
sheet!
What is the market cap of this company you ask
5 million dollars.
Try and replicate what RYSMF has for 5 million dollars!
The potential here is for a multiple bagger on your money.
Make sure you do work right away on this potential screaming homerun.
Make sure to go to our website
www.whitehotstocks.com and view the
companies information. Don`t miss what could potentially be one of our
biggest winners.
As always make sure to do your due diligence