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Riley Gold Corp V.RLYG

Alternate Symbol(s):  RLYGF

Metals & Mining Gold
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

Riley Gold Corp
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  • Betteryear2X
Post by Betteryear2on Mar 14, 2024 1:42pm
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Post# 35933142

Riley Gold Executes US$20 Million Earn-In Agreement

Riley Gold Executes US$20 Million Earn-In AgreementVancouver, British Columbia--(Newsfile Corp. - March 14, 2024) - Riley Gold Corp. (TSXV: RLYG) (OTCQB: RLYGF) ("Riley Gold" or the "Company") is pleased to announce that it has entered into an exploration and venture option agreement (the "Agreement") with Kinross Gold U.S.A., Inc. ("Kinross"), a wholly-owned subsidiary of Kinross Gold Corporation (TSX: K) (NYSE: KGC), granting Kinross the right to earn up to a 75% interest in Riley Gold's Pipeline West/Clipper Gold Project ("PWC") by spending a minimum of US$20 million. PWC is located in Lander County, Nevada and consists of approximately 24.7 km² in the heart of the significant gold producing Cortez District (Battle Mountain - Eureka Trend). Kinross will assume operatorship of the project immediately as well as take a strategic 9.9% (on a partially diluted basis) equity interest in the Company through a private placement.

Riley Gold Executes US$20 Million Earn-In Agreement with Kinross Gold on its PWC Gold Project (Nevada) (newsfilecorp.com)
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