Rainy Mountain Royalty Corp V.RMO

Alternate Symbol(s): RMNXF

Metals & Mining Industrial Metals & Minerals

Rainy Mountain Royalty Corp. is a Canada-based mineral exploration project generator. The Company is engaged in the acquisition and exploration of mineral resource properties. The Company’s focus is to acquire early-stage exploration opportunities and deliver them drill target ready to joint venture partners. The Company holds multiple property interests in Ontario and is primarily focused on shear hosted gold and base metals properties with associated gold and silver credits. The Company’s projects are Marshall Lake property, and Brunswick Property. Its other properties consist of the Clay/Powell and Norton Lake Properties. The Marshall Lake property is in the Thunder Bay Mining Division, Ontario. Its Brunswick Property consist of 13-claim units located in Brunswick Twp., Ontario. It owns a 100% interest in claims located in the Thunder Bay Mining Division, Ontario. The Company holds a 30.21% interest in the Norton Lake Property.

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Rainy Mountain Royalty Corp

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Post by TERRIBLEon Oct 28, 2010 9:01am

309 Views

Post# 17622956

northern ontario

For an excellent history of mining in Northern Ontario, refer to the following article...

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Ring of Fire: Ontario embarking on a major economic development project

....by R.S. Middleton P.Eng

..

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the 26 paragraph article can be accessed by googling "ring of fire: ontario embarking"

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the article culminates with the ROF discovery & projections.

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Mr. Middleton is with the CCC.....Canada Chrome Corp.....a subsidiary of KWG Resources

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Mr. Middleton is also a Consulting Geophysicist for Rainy Mountain Royalty [was East West Resources]

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Towards the end of the article, it is mentioned that .."with a major company involved it assures the development of the project. This is another example of how the junior explorers find the deposits and the majors then step in to develop the mines."

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