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 Feb 16, 2017 8:13am

566 Views

Post# 25853633

" Brunswicks" neighbor....the Cote-gold deposit

^{A few years ago, IAMGOLD produced a 3D animation of the Cote-gold project which is located south of Gogama. Note that the Rainy Mountain Royalty Brunswick property is situated a few km south of Gogama. In essence it appears that “Brunswick” is sandwiched in between Gogama & Cote-gold.}
^{The video run time is 6:11 minutes in duration . I found it interesting in that it showed among other things, many different views of the “deposit”.}
^{IF interested…….read on!!}
^{https://www.iamgold.com/English/operations/development-projects/cote-gold-project-ontario/default.aspx}
^{then scroll over & click on “COTE GOLD ANIMATION”}
^{be sure sound is on!!}
^time:
^{0:00 Gogama & Cote-gold layout (Brunswick property not shown)}
^{0:39 CN/CPR railway support}
^{0:45 two power lines available from Timmins}
^{1:18 surface size 160,000 sq metres}
^{1:20 length 1200 m, depth over 500 m}
^{2:16 holes drilled 132 (65 km)}
^{2:35 inclusion of May 15 2012 drill holes indicates deposit expansion towards the north-east & south-east direction.}
^{4:10 chart mineral resource February 24 2012}

^{………………………………………………………………..}
April 14 2016
ONTARIO – The Hon. Catherine McKenna, Minister of Environment and Climate Change, has given the nod to the Cote gold mine project near Gogama, saying it is unlikely to cause significant adverse environmental effects. The project belongs 92.5% to Iamgold of Toronto and 7.5% to Treelawn Investment Corp.

The minister established certain conditions that include mitigation measures and follow-up requirements that Iamgold must comply with during the life of the project. Approvals and permits from the environment, fisheries, and natural resource departments are pending.

Iamgold is planning an open pit mine and 60,000-t/d mill, tailings management facility, water management facilities and other infrastructure as necessary. Proven and probable reserves at Cote total 69.80 million tonnes grading 1.94 g/t Au and containing more than 4.35 million oz of gold.
……………………………………..
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Could “the Brunswick property” be in elephant country??

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From now on, dynaCERT instead of Bitcoin or NVIDIA?