Vancouver, British Columbia--(Newsfile Corp. - February 26, 2015) - Rheingold Exploration (CSE: RGE) is one of the latest new listings on the Canadian Securities Exchange. Concurrent with its new CSE listing, the company has de-listed from the TSX Venture Exchange.
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Rheingold Exploration Corp. holds an option to acquire a 100% interest in the Pattullo property which is located in the Rainy River District of northwestern Ontario. The 439 hectare Pattullo property is situated 8 kilometres from Rainy River Resources' (TSXV: RR) multi-million ounce gold deposit.
To date, Rheingold has paid a total of $75,000 in cash and issued a total of 150,000 shares to Rubicon Minerals, the optionor of the property. A final option payment of $30,000 is due in June 2015.
A Technical Report, filed on Sedar.com in 2012, recommends a $203,500 exploration program consisting of a deep penetrating electromagnetic survey and diamond drilling.
For more information, please visit the company's website www.rheingoldexploration.com, or contact Paul Pedersen, President & CEO at 604-347-9160 or email paul@greywood.ca.
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