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Ruby Creek Resources Inc RBYC

Ruby Creek Resources Inc. is engaged in developing a gold property. The Company's project includes the Gold Plateau Project. The Gold Plateau Project consists of property, which has artisanal gold mining activities. The Gold Plateau Project is located in southern Tanzania approximately 150 kilometers north of the Mozambique border. The Gold Plateau Project consists of around 15 properties of prospective gold mineralized territory. The Company has mining and processing equipment onsite and additional processing equipment. The Gold Plateau Project is situated at the eastern margin of the Selous Basin where the Karoo and young sedimentary rock are in fault contact with low to high-grade metamorphosed rocks of Neoproterozoic age belonging to the Mozambique Belt.


GREY:RBYC - Post by User

Post by Yukon_Corneliuson Oct 10, 2011 4:09pm
265 Views
Post# 19135080

Goals Reminder

Goals Reminder

Check off all that apply and peek at what is still targeted by year-end. Congrats Rob, David, Toby, Myron..et all

Ruby Creek has set a list of twelve goals for 2011:

1. Obtain two or more mining licenses on the Gold Plateau Project.

2. Initiate comprehensive placer exploration to increase reportable gold resources.

3. Strengthen the technical team by hiring a Chief Geologist and staff geologists.

4. Investigate hard rock targets by initiating a drill program at the Gold Plateau.

5. Acquire additional strategic mining rights in the Gold Plateau region.

6. Procure high volume production mining equipment.

7. Become cash flow and earnings positive by year end.

8. Add qualified independent members to the Board of Directors.

9. Increase corporate and mining management personnel to support growth.

10. Attract more institutional investment and increase shareholders of record.

11. Create a new website and add additional conferences for exposure.

12. Apply for a senior stock exchange listing upon meeting requirements.

The first six goals are focused on our priority of bringing the Gold Plateau Project into commercial

production and expanding our active operations in Tanzania. The last six goals address the need to

further strengthen our corporate structure and expand Ruby Creek’s market exposure. Gold production

guidance for 2011 and 2012 will be disclosed in coming months after sufficient data has been collected

from our test mining operations, which are presently being optimized for gold recovery.

Robert Slavik, President and CEO of Ruby Creek said, “We have made great strides in developing a very

dynamic gold mining company. While our goals for 2011 are quite aggressive, we feel they are

attainable. By meeting these goals we expect to enter 2012 as a fully producing, profitable gold producer

with the possibility of our stock trading on a major stock exchange.”

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