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Rye Patch Gold RPMGD

Rye Patch Gold Corp is a Nevada based, Tier 1 mining company engaged in the mining and development of quality resource-based gold and silver mines and projects. The firm operates in one segment, which is the Exploration and Development of Mineral Properties. The firm operates through two geographical areas, Canada and the state of Nevada in the United States of America. The company's primary source of revenue is from the sale of gold dore.


OTCQX:RPMGD - Post by User

Bullboard Posts
Post by crowcreekkateon Oct 16, 2012 9:06am
465 Views
Post# 20487684

Court case delayed

Court case delayed

Coeur requested and got a postponement.  I should think that there is lots going on behind the scenes and this might never go to court.

Cheers all...

CCK

 

Rye Patch Gold Corp. (TSX VENTURE:RPM)(OTCQX:RPMGF)(FRANKFURT:5TN) (the "Company") announces recent events in the lawsuit among the Company and its wholly-owned subsidiary Rye Patch Gold US Inc. against Coeur Rochester, Inc. ("CRI").

CRI requested the Nevada Sixth District Court grant a postponement of the trial scheduled for November 2012. CRI states the lawsuit is complex, and CRI is unable to complete its review, assessment, and preparation of the voluminous amount of information Rye Patch Gold US Inc. has exchanged regarding the LH and OG unpatented lode claims. The Nevada Sixth District Court has granted CRI request for continuance (postponement) of the trial. A new court date is pending at this time; however, the Nevada Sixth District Court will schedule a new trial date within 10 calendar days. Once the new trial date is known, the Company will disseminate the information.

William C. Howald, President and CEO of the Company and President of Rye Patch Gold US Inc., stated: "Rye Patch Gold believes it has a very strong case, and we are anxious to go to trial and prove the validity and seniority of the LH Claims. Management is confident in the validity of our LH Claims, and we are anxious to advance the entire Rochester property."

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