Rainy Mountain Royalty has been a successful project generator since 1992, and as summarized below, has a number of active property projects underway. Highlights: $4 million dollar exploration program completed on "Marshall Lake" copper-zinc-gold-silver exploration property, Ontario Excellent grades intersected on Marshall Lake Property leads to further exploration recommendations Rainy Mountain plans to expand base [...]
Further to the Company's news release of January 10, 2018, Rainy Mountain Royalty Corp. is pleased to announce that it has completed its drill program on its optioned gold exploration property located approximately 140 km south of Timmins, Ontario. The drill program included 15 holes for a total length of 1419 m. Drill highlights: Assay of .440 gm gold over 1.0 m in drill hole BE18-02 Assay of .650 gm gold over 1.0 m in [...]
Rainy Mountain Royalty is pleased to announce that it has commenced drilling on the east grid of the Company's optioned gold exploration property located 140 km south of Timmins, Ontario. The Company intends to proceed with a proposed 1500m drill program to follow up on the August 2017 trenching results and to test the extensions of the original gold showing . These new targets on the extension have been exposed by [...]
Rainy Mountain Royalty announces that, with funds previously raised, the Company intends to begin a winter exploration program on the east side of its optioned gold exploration property located in Brunswick Twp., Ontario. The initial phase of the exploration program will include a 20 to 22 km induced polarization grid covering the remaining 1.6 to 1.8 km portion of the east side of the Property not already surveyed. These [...]
Rainy Mountain Royalty announces that it has completed an analysis of the assay data and results of the Company's trenching program completed in August 2017 at the Company's Brunswick gold project. As a result, Rainy Mountain is proposing to move forward with a 1500m drill program of approximately 11-13 holes in order to test three features that were exposed during the summer exploration program. Trenching completed west [...]
Rainy Mountain Royalty announces that it has completed its most recent trenching program on the "East Grid" of its optioned gold exploration property, which program has revealed two new zones. The Property is located 140 km south of Timmins, Ontario and is accessible year round by bush road connecting to Highway 560 which links to the west with Highway 144 and then north to Timmins (via Highway 101). East Grid Trenching [...]
Rainy Mountain Royalty announces further exploration results from a trenching program currently underway on its optioned gold exploration property located 140 km south of Timmins. Additional Brunswick Property Exploration Discoveries: New discoveries of 4.05 gm Gold (Au) and 2.56 gm Gold (Au) on West Grid of Property New carbonate shear structure extending west of gold showing found by trenching Rainy Mountain has [...]
Rainy Mountain Royalty announces that, subject to regulatory approval, the Company intends to proceed with a flow through non-brokered private placement to raise up to $250,000 by the issuance of 2,500,000 flow through common shares at $0.10 per FT Share. With respect to this private placement, the Company may pay finders' fees in the amount of 10% (payable in cash or non-flow through shares), based on the sale of the FT [...]
Rainy Mountain Royalty announces plans to further exploration on its optioned gold exploration property located 140 km south of Timmins, Ontario. Brunswick Property Additional Exploration Plans Trenching and sampling on the west grid of the Property to follow up on the discovery of a grab sample that assayed 6.6 gm gold (Au). Follow-up step out drilling proposed around drill hole BE17-04 gold-arsenic zone. Trenching [...]
Rainy Mountain Royalty is pleased to report drilling assay results and provide an exploration update on its optioned gold exploration property located 140 km south of Timmins, Ontario. Brunswick Property Exploration Highlights: Initial drill assays confirm gold zone down plunge with 3.29 gm Gold (Au) 1.0m New 6.6 gm gold zone in pyritic volcanic tuff horizon ("Tuff") at surface with associated Induced Polarization ("IP [...]
Rainy Mountain Royalty has completed 14 drill holes (2121m) on its optioned gold exploration property located 140 km south of Timmins, Ontario. The core from the initial six holes drilled has been logged and split and submitted for assay. The core from two additional drill holes will be logged, split and submitted for assay later this week. The first six drill holes (1038m) tested four different iron carbonate-sericite [...]
Rainy Mountain Royalty is pleased to report that drilling is now underway on the Company's optioned gold exploration property. The Brunswick Property is accessible year round by bush road connecting to Highway 560 that links to the west with Highway 144 and then north to Timmins (via Highway 101). Presently, the Company intends to complete 15 drill holes (10 drill sites selected on the east side of the Property and five [...]