Riley Gold provides an exploration update for the Company's Pipeline West/Clipper Gold Project located in the Cortez mining district of the Battle Mountain - Eureka Trend. PWC is operated by Kinross Gold U.S.A., under an exploration earn-in agreement executed in March 2024 whereby Kinross has the right to earn up to 75% of PWC by spending USD$20,000,000. Kinross initiated its first PWC framework drill hole in July 2024 to [...]
Riley Gold Corp. is pleased to report and update on drilling at the Company's Pipeline West/Clipper Gold Project by Kinross Gold U.S.A., Inc. , a wholly-owned subsidiary of Kinross Gold Corp. . As announced on July 10th, 2024, Kinross initiated drilling at Riley Gold's PWC project targeting previously untested portions of the property for favourable lower plate carbonate host rocks of the Wenban and Roberts Mountains [...]
Riley Gold Corp. is pleased to announce that drilling is underway at the Company's Pipeline West/Clipper Gold Project by Kinross Gold U.S.A., Inc. , a wholly-owned subsidiary of Kinross Gold Corp. . Riley Gold entered into an exploration and venture option agreement with Kinross on March 13, 2024. The Agreement grants Kinross the right to earn up to a 75% interest in Riley Gold's PWC project by spending a minimum of US$20 [...]
Riley Gold Corp. is pleased to announce Mr. Paul Dobak has joined Riley Gold as a member of the technical advisory committee relative to its Nevada-based exploration including the Company's Pipeline West Clipper Gold Project . Riley Gold recently announced a USD$20M earn-in agreement on the PWC project with Kinross Gold Corp.. PWC constitutes a prospective exploration property for Carlin-type, disseminated and replacement [...]
Riley Gold Corp. is pleased to report it has closed its private placement, as previously announced on March 14, 2024, and March 20, 2024. Riley Gold has issued 10,000,000 units at C$0.15 per Unit for total gross proceeds of C$1,500,000 . Under the Private Placement, Kinross Gold Corp. subscribed for 2,217,815 Units, representing a 9.9% ownership interest in the Company on a partially diluted basis including share purchase [...]
Riley Gold Corp. announces that due to investor demand it has increased the size of its private placement previously announced on March 14, 2024. Riley now proposes to issue up to 10,000,000 units at C$0.15 per Unit for total gross proceeds of up to C$1,500,000 . Under the Private Placement, Kinross Gold Corp. will subscribe for a 9.9% ownership interest in the Company on a partially diluted basis including share purchase [...]
Private Placement Announced Including Lead Order from Kinross Riley Gold Corp. is pleased to announce that it has entered into an exploration and venture option agreement with Kinross Gold U.S.A., Inc. , a wholly-owned subsidiary of Kinross Gold Corp. , granting Kinross the right to earn up to a 75% interest in Riley Gold's Pipeline West/Clipper Gold Project by spending a minimum of US$20 million. PWC is located in Lander [...]
Riley Gold Corp. is pleased to announce that Dr. Thomas Patton and Mr. John Schaff have been appointed to the Board of Directors of the Company. Dr. Tom Patton has spent his entire career in the exploration industry as a field geologist, consultant, and executive at both junior and senior mining companies. He held senior positions at Rio Tinto Mining and Exploration and Kennecott, where he served as Senior Vice President [...]
Riley Gold Corp. is pleased to announce an exploration update at its Pipeline West/Clipper Gold Project located in Lander County, Nevada. The project area consists of approximately 24.7 square kilometres in the heart of the Cortez section of the Battle Mountain - Eureka Trend and adjoins Nevada Gold Mines LLC which is a joint venture between Barrick Gold Corp. and Newmont Corp.. The PWC 2022 fall exploration program [...]
Riley Gold Corp. is pleased to announce the completion of a US$2.6 million investment from Osisko Gold Royalties Ltd. in exchange for royalties on projects held by Riley Gold's wholly owned Nevada subsidiary, RRC Exploration Inc. including: a 2.0% net smelter return royalty on Riley Gold's Pipeline West/Clipper Gold Project , located in Lander County, Nevada; a 0.5% NSR royalty on its Tokop Gold Project , located in [...]
Riley Gold Corp. announces that the TSX Venture Exchange has granted its acceptance to extend the term of 7,500,562 outstanding common share purchase warrants, exercisable at $0.40 per common share which were issued in connection with a non-brokered private placement that closed on October 15th, 2020. The original expiry date of the Warrants was October 15th, 2022, and they have now been extended by a further twelve [...]
Riley Gold Corp. will submit an application to the TSX Venture Exchange to extend the term of 7,500,562 outstanding common share purchase warrants which were issued in connection with a non-brokered private placement that closed on October 15th, 2020. The Warrants have a current expiry date of October 15th, 2022. The Warrants are subject to an accelerated expiry at the option of the Company if the closing price of the [...]