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     399  0 Kommentare Rye Patch Reports Drilling Starts at Lincoln Hill - Seite 2

    A third zone associated with the Octopus mine retuned several samples with significant gold and silver along 160 metre exposure. Assay values reported include 1.62 g/t Au and 568.0 g/t Ag; 1.11 g/t Au and 77.6 g/t Ag; 0.05 g/t Au and 497 g/t Ag; and 0.69g/t Au and 240.0 g/t Ag from rock-chip grab samples. The historic workings follow a northwest oriented breccia zone.

    The Alexander Hamilton mine, the fourth corridor, is located 800 metres east of the Buck&Charlie mine and consists of a northeast oriented open-space breccia and quartz stockwork zone oriented to the northeast.

    The Roosevelt target is located 500 metres southeast of the Lincoln Hill resource. Historic mines and prospects dotting the hillside are within a silicified rhyolite overlying intensely oxidized andesite. Grab rock-chip samples returned high-grade gold and silver values up to 34.79 g/t Au and 779 g/t Ag, 14 g/t Au and 183 g/t Ag, 97.92 g/t Au and 1527 g/t Ag and 97.5 g/t Au and 1303 g/t Ag along the rhyolite/andesite contact. A low-grade gold halo in the surrounding altered rhyolite returned gold values ranging from 0.11 g/t gold to 2.77g/t gold. The south end of the anomaly is covered by thick colluvium.

    The Lincoln Hill drill program will focus on Independence Hill and Roosevelt targets. The average depth of the drillholes will be 150 metres, and a 5,000 metres is planned or approximately 30 drillholes.

    Mr. William Howald, AIPG Certified Professional Geologist #11041, Rye Patch Gold's CEO and President, is a Qualified Person as defined under National Instrument 43-101. He has reviewed and approved the contents of this news release.

    About Rye Patch Gold Corp.

    Rye Patch Gold Corp. is a Tier 1, well-funded junior mining company with a royalty revenue stream from the operating Rochester silver mine and significant gold and silver resources, all located in the mining friendly state of Nevada, USA. The Company's seasoned management team is engaged in the acquisition, exploration, and development of quality resource-based gold and silver projects. Rye Patch Gold US Inc. controls over 75 square kilometres (30 sq. miles) of land, and has a 3.4 % Net Smelter Return (NSR) royalty from the Rochester silver mine along the Oreana trend located in west-central Nevada. The Company is aggressively developing gold and silver resources along this emerging trend, utilizing existing funds and cash flow from the NSR royalty which is fully leveraged to the price of gold and silver. In east central Nevada, Rye Patch Gold US Inc. is exploring 66 square kilometres of exploration land along the prolific Cortez trend contiguous to Barrick's new Goldrush deposit. The Company has established gold and silver resource milestones and time frames in order to build a premier resource development company. For more information about the Company, please visit our website at www.ryepatchgold.com.

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    Rye Patch Reports Drilling Starts at Lincoln Hill - Seite 2 VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 28, 2014) - Rye Patch Gold Corp. (TSX VENTURE:RPM)(OTCQX:RPMGF)(FRANKFURT:5TN) (the "Company" or "Rye Patch") is pleased to report the commencement of drilling operations at its 100% controlled Lincoln …