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Rainy Mountain Royalty Corp V.RMO

Alternate Symbol(s):  RMNXF

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.


TSXV:RMO - Post by User

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Post by TERRIBLEon Sep 09, 2012 5:19pm
233 Views
Post# 20340481

eva kitto beardmore-geraldton corridor

eva kitto beardmore-geraldton corridor

[A] news release # 12-05 dated July 10, 2012

.

Rainy Mountain Provides Drilling Results for its Eva Kitto Property

.

"..... Rainy Mountain’s Drill Hole EK-12-01 was drilled to explore for the first time a negative magnetic anomaly for potential Ni-Cu-PGE (nickel, copper, platinum group elements) "Noril’sk-type" mineralization, as previously observed by International Bethlehem. .... Drill Hole EK-12-01 was the first drill hole to explore the northernmost (and thickest) portion of the intrusion. The hole was drilled to a depth of 405 metres (intersecting 377 metres of the Kitto Intrusion below 28 metres of cover rocks) and did not reach the basement contact or basal target. As a result, the magnetic anomaly remains unexplained and merits further exploration and drilling."

.................................................

[B] the EVA KITTO property is about 10 km southwest of the town of Beardmore.

The nearest past producer in the Beardmore area is the Northern Empire Mine .

.

Historically, the Beardmore-Geraldton mineral belt, located east of Thunder Bay, Ontario, Canada has produced over 4.1 million ounces of gold from several deposits, most of which occur within its 84 kilometers east-west extant, which is up to 21 kilometers wide.

.........................

Past Producers

(1934-1968)

Tons Milled

Average Grade of Gold (oz/ton)

Gold Produced (oz)

1. Leitch Mine

920,745

0.92

847,690

2. SandRiverMine

157,870

0.32

50,065

3. Northern Empire Mine

425,866

0.35

149,493

4. Magnet Mine

359,912

0.42

152,089

5. Little Long Lac

1,780,516

0.34

605,499

6. Bankfield Mine

231,009

0.29

66,417

7. Hard Rock

1,458,375

0.18

269,081

8. MacLeod-Cockshutt

10,337,229

0.14

1,475,728

9. Mosher Long Lac

2,710,657

0.12

330,265

10. Talmora-Long Lac

6,634

0.21

1,417

11. Jellicoe Mine

10,620

0.40

4,238

12. Tombill Mine

190,622

0.36

69,120

13. Dikdik – Orphan - Mantis

3,525

0.70

2,460

14. SturgeonRiverMine

145,123

0.51

73,438

Total Beardmore-Geraldton

18,738,703

0.30

4,097,000

for picture tour, paste link below to address bar

https://hauntedwho.proboards.com/index.cgi?board=Mines&action=display&thread=714

...........................................................

maps:

https://investorshub.advfn.com/Goldstone-Resources-TSE-GRC-1499/

third/fourth frame

.............................................................

[C] just a side-note:

On May 18, 1936 The Toronto Stock Exchange listed MacLeod-Cockshutt

shares at $4.00 a share. Four months earlier,

they had traded at 4 and 5 cents a share.

The mine was brought into production in April 1938.

The MacLeod-Cockshutt mine operated for almost

thirty years and produced gold worth

$49.1 million. (History of Mining in Ontario:

pages 233-234)

The mine paid out dividends to

shareholders amounting to $3,860,262. (Ontario

Department of Mines, statistical files).

The mine poured 2071 gold bricks during its

life, the largest gold producer in the Geraldton

district. It produced 1,546,980 ounces of gold and 108,185 ounces of silver.

.

The scale of the MacLeod-Cockshutt mine was impressive:

No. 1 shaft sunk to depth of 2250 feet with 14 levels

No. 2 shaft sunk to depth of 1921 feet with 10 levels

In 1941, the two shafts were connected at the 502 foot and 1108 foot levels

.

Diamond drilling comprised more than 203

surface holes totalling 55,556 feet and more

than 7083 underground holes totalling 735,461 feet.

...............................

for source of above info, copy to address bar the reference link below..

https://www.ontarioprospectors.com/publications/0501-Explorationist.pdf

then go to page 4

.............................................................................................

[D] Beardmore-Geraldton corridor:

NEWS RELEASE...... Mon Sep 14, 2009
Premier Discovers High-Grade Gold Zone at Hardrock 1141.54 g/t Au (33.33 Ounces Per Ton) Across 2.0m

.

PREMIER GOLD MINES LIMITED (TSX:PG) is pleased to announce that drilling at Hardrock has intersected a new and potentially high-grade gold structure located in close proximity to the EP (open pit) Zone. Several holes have intersected this new zone with grades up to 1,141.54 grams per tonne gold (g/t Au) or 33.33 oz/ton across 2.0 metres (m).

...........................................

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