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Riley Gold Corp V.RLYG

Alternate Symbol(s):  RLYGF

Riley Gold Corp. is a Canada-based exploration and development company focused on Nevada, United States. The Company’s assets include the Pipeline West/Clipper Gold Project located in the Battle Mountain Eureka Trend (within the Cortez District) and the Tokop Gold Project located within the Walker Lane Trend. The 100% owned and controlled Tokop Gold Property is located in Esmeralda County (Tokop Mining District), approximately 80 km south of Tonopah and includes 21 square kilometers of unpatented mining claims and patented (fee) lands. The Pipeline West/Clipper project is located in Lander County (Cortez District), approximately 80 km southwest of Elko. The Pipeline West/Clipper Gold Project encompasses approximately 24.7 square kilometers (9.5 square miles) of unpatented mining claims and patented (fee) lands.


TSXV:RLYG - Post by User

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  • Betteryear2X
Post by Betteryear2on Apr 12, 2022 5:51am
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Post# 34596012

Riley Gold Reports Extensive Data Review

Riley Gold Reports Extensive Data ReviewVANCOUVER, British Columbia, April 12, 2022 (GLOBE NEWSWIRE) -- Riley Gold Corp. (TSX.V: RLYG) (OTCQB: RLYGF) (“Riley Gold” or the “Company”) is pleased to announce that an extensive review of data collected on the Pipeline West/Clipper Gold Project (“PWC”) located in Lander County, Nevada (within the Battle Mountain-Eureka Trend), has identified historical drilling with results of 4.6 meters (“m”) of 2.594 grams per tonne (“gpt”) at 324 m including a high value of 3.84 gpt gold at 283 m in rocks of the lower plate of the Roberts Mountain Thrust (“RMT”). Drill logs also show that the Devonian Wenban (“Wenban”) was intersected in most of the holes that penetrated to the lower plate. The Wenban is the primary host to gold mineralization in the prolific Cortez District, although the Silurian-Devonian Roberts Mountain Formation is also known to be an economic host rock in the Cortez Trend.

Riley Gold Reports Extensive Data Review on Pipeline West/Clipper Gold Project Including Historic Drill Intercepts up to 2.6 GPT Gold
 
 
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