Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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

Bullboard Posts
Post by TERRIBLEon Dec 18, 2017 4:42pm
267 Views
Post# 27182020

SACRE BLEU

SACRE BLEU

On Nov 19, ellwodo  posed fhe following question….

“does anyone know when they will actually start the additional drilling?”

…………………………………………….

Anyone that is not disinterested, please read on….

 

Link

Sedar.com

 

RAINY MOUNTAIN ROYALTY CORP

Management’s Interim Discussion & Analysis

October 31, 2017

BRUNSWICK PROPERTY

Page 13

……………………………………………………………………………………………….

THE FOLLOWING IS AN EXTRACT FROM THE Link (sedar.com)

 

On November 30, 2017, the Company announced that it  intends to begin a winter exploration program on the EAST side of its optioned Brunswick gold exploration property .

 

The initial phase of the exploration program will include a 20 to 22 km induced polarization (“IP”) grid covering the remaining 1.6 to 1.8 km portion of the EAST side of the Property not already surveyed. These lines will be completed in an effort to trace the extension of the original gold zone and host shear structure, as well as four other IP trends already known. The IP grid is expected to be completed in the month of December, 2017

 

Upon completion of the Company’s more recently announced financing , the Company intends to follow up with a drill program (planned for JANUARY 2018).

 

This drill program is intended to begin testing existing IP anomalies and shears exposed by trenching completed by the Company in August 2017 . As previously indicated, anomalous gold values were obtained along these shears in soil and in bedrock corresponding to the shears. High arsenic pathfinders were also seen in one particular shear extending from drill hole BE17-04, and as a result, step out drill holes are planned

 

The next phase of the exploration program is expected to include an additional 26 km grid on the WEST side of the Property, which will be surveyed with IP. Following the IP survey, a drill program is planned to continue testing the remaining IP anomalies and showings on the EAST side of the Property, before moving to test an IP trend adjacent to highly anomalous gold values (6.6 gm, 4.05gm, 2.58 gm) found along a 900m IP trend on the WEST side of the Property .

 

The Brunswick Property covers a full 6 miles (9.6 km) of a set of shear zones that parallel the Ridout Fault system, which is interpreted to be the continuation of the Larder Lake Break. Five shears have been defined by IP-Resistivity surveys and initial drilling has tested each shear with just one hole to confirm that these anomalies were in fact sericite-iron carbonate (ankerite) altered shears with quartz- pyrite.

 

To view complete page go to Link

 https://sedar.com/

 

……………………………………………………………..

==================================

From  post dated Oct 4 SLO-THRU, Mr bike’ reports that

“I am well aware that they are busy beating the bushes….”


Read more at https://www.stockhouse.com/companies/bullboard?symbol=v.rmo&postid=26776409#tcaSQCXZcpQIfrI4.99

(above line added by Stockhouse)

 

Is it possible that they could have been beating the bushes looking for pathway vegetation?

…………………………………………………………….

Brunswick is fortunate in that they have an elephant in their own backyard……the IAMGOLD COTE GOLD project about 20 km to the south.

…………………………………

Recently I acquired a small position in IMG stock for the following reasons:

 

  1. 70:30 joint venture with Sumitomo Metal Mining Tokyo ($195 million)

 

  1. IMG Post dated NOV 7 by  CHALLENGER426

Earnings are out - beat estimates by 5 cents
Estimates 2 cents/share - Actual 7 cents/share
Read more at https://www.stockhouse.com/companies/bullboard?symbol=t.img&postid=26921689#LqvkOVKcXQJo6Roh.99

(ABOVE LINK ADDED BY STOCKHOUSE)

 

  1. Pat McKeough’s “Stock Pickers Digest” April issue advises IAMGOLD as a buy (AUTHORIZATION to include this info on this post  ok’d by Scott C   11/15/17}
  2. Commercial production expected for the year 2021.
  3. Utilization of solar power for a cleaner environment (at some mines).

`````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````

WILL MORE ELEPHANTS  APPEAR ON THE SCENE?????

 

Based on actionguy’s recent post (below), I wouldn’t be surprised…

……………………..

prospecter michael trembley,  and middleton both know this area and rock formations well.

   great jurisdiction,excellent 2 men calling the shots. 

 Cheap at .06 thats for certain.    not many shares outstanding either.

……………………………..

  
Read more at https://www.stockhouse.com/companies/bullboard?symbol=v.rmo&postid=27171276#0G8ljJrgwKJK3WxW.99

ABOVE LINK AUTOMATICALLY ADDED BY STOCKHOUSE


Bullboard Posts