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Bullboard - Stock Discussion Forum 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... see more

OTCQX:RPMGD - Post Discussion

Rye Patch Gold > ....NEWS
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Post by silverT on Mar 30, 2017 9:04am

....NEWS

Rye Patch Receives State Approval To Irrigate New Pad

V.RPM

 

Canada NewsWire

Florida Canyon Mine Re-Start Complete

VANCOUVER, March 30, 2017 /CNW/ - Rye Patch Gold Corp. (TSX.V: RPM; OTCQX: RPMGF; FWB: 5TN) (the "Company" or "Rye Patch") reports it has received approval from the Bureau of Mining Regulation and Reclamation to start irrigation on the new South Heap Leach Pad ("South Pad"). In spite of the severe winter weather this year, the Florida Canyon mine re-start has been successfully completed. 

Mining, crushing and loading of the South Pad are ramping up and are nearing 70% of the forecast production rate coming into the end of the first quarter.  Optimizing and maximizing performance of the mine will take place over the second quarter with commercial production anticipated by mid-2017.

"It's with a great sense of accomplishment and pride that the Florida Canyon team has completed the re-start of the mine," said President and CEO William Howald. "This accomplishment launches Rye Patch as a tenacious gold producer with a bright future with its pipeline of existing resource assets and exploration upside along the Oreana trend."

The final Nevada Department of Wildlife ("NDOW") site inspection has been scheduled. The first gold pour from the South Pad is projected in April 2017.

Comment by BuhlzI on Mar 30, 2017 9:29am
Excellent News. Let the gold pour!