Rye Patch Gold Corp.

Published : December 11th, 2013

Receives Positive Metallurgical Results From Lincoln Hill

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Keywords :   Gold | Gold Discovery | Market | Recovery | Report | Silver |
Rye Patch Gold 1740-1177 West Hastings Street
Vancouver, BC V6E 2K3

Tel: (604) 638-1588
Email: info@ryepatchgold.com

RPM: TSX-V


Rye Patch Receives Positive Metallurgical Results From Lincoln Hill

Vancouver, British Columbia, December 11, 2013 - Rye Patch Gold Corp (TSX.V: RPM; OTCQX: RPMGF; FWB: 5TN) (the �Company� or �Rye Patch�) is pleased to report the results of recent bottle-roll metallurgical test work from the 100% controlled Lincoln Hill project. Kappes, Cassidy & Associates (KCA) of Reno, Nevada completed the bottle roll metallurgical testing. Twelve composites were utilized and are reported below.

HIGHLIGHTS:

  • A total of nine oxide composites yielded an average recovery of 83% for gold and 84% for silver, with values ranging between 70% to 95% for gold, and 51% to 95% for silver;
  • Three sulfide composites returned an average of 80% recovery for gold and 61% recovery for silver; and
  • The twelve combined oxide and sulfide composites have an average recovery of 82% for gold and 79% for silver;
  • KCA performed metallurgical tests on 12 separate composites that were composited by rock type, silicification, oxidation state and gold grade.

A total of twelve composites were identified incorporating attributes of rock type, alteration, and oxidation state within three gold grade ranges for the Lincoln Hill deposit. The composites for bottle-roll metallurgical testing were constructed from drillhole intervals with similar grades from multiple drillhole intercepts across the deposit. Table 1 shows the drillholes used for each composite.

Table 1: Drill Holes Used to Make Composites
Composite
Number of
Holes
Hole Numbers
1.1
6
LR-018, LR-024, LR-053, LR-054, LR-059, LR-067
1.2
8
LR-018, LR-024, LR-058, LR-067, LR-079, LR-084, LR-090, LR-092
1.3
3
LR-067, LR-079, LR-084
1.4
5
LR-053, LR-054, LR-056, LR-058, LR-079
 
2.1
8
LR-018, LR-024, LR-053, LR-059, LR-067, LR-079, LR-084, LR-092
2.2
8
LR-018, LR-024, LR-061, LR-079, LR-084, LR-086, LR-090, LR-092
2.3
2
LR-067, LR-084
2.4
5
LR-053, LR-079, LR-082, LR-084, LR-087
 
3.1
7
LR-018, LR-024, LR-053, LR-059, LR-067, LR-079, LR-092
3.2
12
LR-018, LR-024, LR-050, LR-050, LR-053, LR-058, LR-061, LR-067,
LR-079, LR-084, LR-086, LR-090, LR-092
3.3
2
LR-067, LR-084
3.4
3
LR-079, LR-082, LR-084

Table 2 shows the gold grade ranges used for the composites, and the sub grouping nomenclature used to identify the composite rock type, alteration, and oxidation attributes.

Table 2: Composite Group Explanation
Composite Groups
Grade Range
1
(Au > 0.50 ppm)
2
(0.20 ppm < Au < 0.49 ppm)
3
(0.086 ppm < Au < 0.20 ppm)
 
Sub Groups
Oxide
Silicification
Sulfide
0.1
1
2 --> 3
0 --> 1
0.2
2
2 --> 3
0 --> 1
0.3
3
2 --> 3
0 --> 1
0.4
N/A
2 --> 3
1 --> 3

Table 3 shows the results of the 96-hour metallurgical bottle-roll tests for 10 mesh, 150 mesh and 200 mesh on oxide material along with reagent consumption.

Table 3: Lincoln Hill Oxide Material - 96 Hour Bottle Roll Test
Composite Number
Crush Size,
mesh Tyler
Target p80 Size,
mesh Tyler
Au
Extracted,
%
Ag
Extracted,
%
Consumption
NaCN,
lbs/st
Addition
Ca(OH)2,
lbs/st
Comp 1.1
10
--
92%
94%
0.25
2.00
Comp 1.1
--
150
94%
95%
1.44
2.00
Comp 1.1
--
200
95%
95%
1.24
2.00
 
 
 
 
 
 
Comp 1.2
10
--
82%
83%
0.47
3.00
Comp 1.2
--
150
93%
86%
0.82
2.00
Comp 1.2
--
200
93%
87%
1.02
2.00
 
 
 
 
 
 
Comp 1.3
10
--
70%
78%
0.36
3.00
Comp 1.3
--
150
82%
85%
1.97
2.00
Comp 1.3
--
200
84%
86%
3.11
2.00
 
 
 
 
 
 
Comp 2.1
10
--
74%
90%
1.03
2.00
Comp 2.1
--
150
89%
95%
2.33
2.00
Comp 2.1
--
200
83%
95%
2.82
2.00
 
 
 
 
 
 
Comp 2.2
10
--
76%
77%
0.76
2.00
Comp 2.2
--
150
82%
88%
1.29
2.00
Comp 2.2
--
200
83%
85%
2.05
2.00
 
 
 
 
 
 
Comp 2.3
10
--
72%
51%
0.44
2.00
Comp 2.3
--
150
83%
68%
2.49
2.00
Comp 2.3
--
200
80%
70%
2.93
2.00
 
 
 
 
 
 
Comp 3.1
10
--
73%
81%
0.53
3.00
Comp 3.1
--
150
87%
89%
2.29
2.00
Comp 3.1
--
200
89%
89%
2.98
2.00
 
 
 
 
 
 
Comp 3.2
10
--
77%
68%
0.39
2.00
Comp 3.2
--
150
84%
85%
1.22
2.00
Comp 3.2
--
200
83%
83%
2.49
2.00
 
 
 
 
 
 
Comp 3.3
10
--
70%
90%
0.58
1.00
Comp 3.3
--
150
84%
94%
0.85
2.00
Comp 3.3
--
200
75%
94%
2.79
2.00

A total of nine oxide composites yielded an average recovery of 83% for gold and 84% for silver, with values ranging between 70% to 95% for gold, and 51% to 95% for silver.

Table 4 shows the results of the metallurgical bottle-roll tests for 10 mesh, 150 mesh and 200 mesh on sulfide material. The three sulfide composites returned an average of 80% recovery for gold and 61% recovery for silver.

Table 4: Lincoln Hill Sulfide Material - 96 Hour Bottle Roll Test
Composite
Number
Crush Size,
mesh Tyler
Target p80 Size,
mesh Tyler
Au
Extracted,
%
Ag
Extracted,
%
Consumption
NaCN,
lbs/st
Addition
Ca(OH)2,
lbs/st
Comp 1.4
10
--
72%
60%
0.96
2.00
Comp 1.4
--
150
93%
73%
2.83
2.00
Comp 1.4
--
200
92%
74%
3.36
2.00
Comp 2.4
10
--
73%
26%
1.05
2.00
Comp 2.4
--
150
85%
38%
3.08
2.00
Comp 2.4
--
200
82%
37%
3.03
2.00
Comp 3.4
10
--
65%
73%
1.13
1.00
Comp 3.4
--
150
78%
86%
2.80
2.00
Comp 3.4
--
200
76%
84%
2.45
2.00

William Howald, the Company�s President and CEO commented, �The results of the Lincoln Hill bottle-roll tests are very encouraging. The gold and especially the silver recoveries show the unique value opportunity in the district. The gold and silver recoveries reported are similar in character to the nearby operation at Rochester, and the advancing Spring Valley deposit.�

The results from 10 mesh (1.7 mm) on oxide material averaged recoveries of 76% recovery for gold and 79% for silver while 150 mesh on oxide material averaged recoveries of 86% for gold and 87% for silver, and 200 mesh recoveries on oxide material averaged recoveries of 85% for gold and 87% for silver. The 10% difference between 10 mesh and 150 mesh indicates that recoveries are susceptible to particle size thus Au and Ag recoveries could be enhanced by particle size.

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 verified the information contained in, and has reviewed and approved the contents of, this news release.

The Company is a Tier 1, Nevada-focused and discovery-driven company seeking to build a sizeable inventory of gold and silver resource assets 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) along the Oreana trend located in west-central Nevada, and is developing gold and silver resources along this emerging trend. In east central Nevada, Rye Patch Gold US Inc. is exploring 66 square kilometres along the prolific Cortez trend near Barrick�s new gold discovery.  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.

On behalf of the Board of Directors

'William Howald'

William C. (Bill) Howald, CEO & President

For additional information contact:
Rye Patch Gold Corp
info@ryepatchgold.com

Tel.: (604) 638-1588
Fax: (604) 638-1589

This news release contains forward-looking statements, which address future events and conditions, which are subject to various risks and uncertainties. The Company�s actual results, programs and financial position could differ materially from those anticipated in such forward-looking statements as a result of numerous factors, some of which may be beyond the Company�s control.  These factors include: the availability of funds; the financial position of Rye Patch; the timing and content of work programs; the results of exploration activities and development of mineral properties; the interpretation of drilling results and other geological data; the reliability of calculation of mineral resources (and, in respect of the Coeur Rochester mine 3.4% NSR, the reliability of calculation of Coeur�s mineral resources and reserves); the reliability of calculation of precious metal recoveries; the receipt and security of mineral property titles; project cost overruns or unanticipated costs and expenses; fluctuations in metal prices; currency fluctuations; and general market and industry conditions.

Forward-looking statements are based on the expectations and opinions of the Company�s management on the date the statements are made.  The assumptions used in the preparation of such statements, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

- -

Rye Patch Gold Corp.

EXPLORATION STAGE
CODE : RPM.V
ISIN : CA7837271005
CUSIP : 783727 10 0
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Rye Patch Gold is a gold exploration company based in Canada.

Rye Patch Gold holds various exploration projects in USA.

Its main exploration properties are LINCOLN HILL, JESSUP, WILCO, GARDEN GATE PASS and GOLD RIDGE NEVADA in USA.

Rye Patch Gold is listed in Canada. Its market capitalisation is CA$ 410.5 millions as of today (US$ 318.7 millions, € 273.4 millions).

Its stock quote reached its lowest recent point on February 20, 2009 at CA$ 0.10, and its highest recent level on January 19, 2018 at CA$ 1.66.

Rye Patch Gold has 387 300 000 shares outstanding.

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Financings of Rye Patch Gold Corp.
12/24/2009Closes First Tranche Of Private Placement
12/15/2009Announces Private Placement
12/15/2008Announces Private Placement
5/16/2008Rye Patch Announces Follow-Up Private Placement
5/16/2008Rye Patch Closes $1.25 Million Private Placement
Option Grants of Rye Patch Gold Corp.
6/11/2008Grants Stock Options
Nominations of Rye Patch Gold Corp.
10/22/2007Hires Manager Of Investor Relations
Project news of Rye Patch Gold Corp.
2/14/2014Discusses Exploration Programs And Budget For 2014
12/31/2013Coeur Rochester Mine Royalty Starts At Midnight
8/6/2013Quantifies 3.4% NSR Coeur Rochester Mine Royalty
5/9/2013(Lincoln Hill)Reports Lincoln Hill Exploration Update
5/8/2013Reports LH Claims Exploration Results
2/21/2013Expands Mystic And South Packard Pediment Silver-Gold Zones ...
10/1/2012Rye Patch Updates Gold Exploration Along the Cortez Trend
9/17/2012Rye Patch Announces Updated Gold and Silver Resources Within...
9/17/2012Rye Patch Announces Updated Gold and Silver Resources Within...
9/17/2012(Lincoln Hill)Announces Updated Gold and Silver Resources Within an Open P...
7/10/2012Rye Patch Intersects More Gold and Silver on the LH Claims
6/29/2012Rye Patch Leases Additional Land on the Rochester Project
6/27/2012Rye Patch Announces 1=2E28 Million ozs ofGold in the Measure...
5/30/2012(Garden Gate Pass)Starts Drilling at Garden Gate Pass
2/22/2012s Exploration Progress on Rochester Project
2/21/2012(Garden Gate Pass)Garden Gate Pass Project on Major Discovery Trend
2/1/2012(Gold Ridge Nevada)Reports Gold And Silver Assays From Gold Ridge
1/24/2012Stakes More Claims And Starts Drilling At Rochester
1/9/2012Makes New Gold and Silver Discoveries on the Rochester Prope...
1/6/2012(Garden Gate Pass)Bill Howald interviewed by Smallcappower.com regarding the r...
12/8/2011(Lincoln Hill)Announces Results of 2011 Lincoln Hill Drill Program
12/5/2011Expands Oreana Trend Holdings Stakes Mining Claims On Existi...
10/3/2011(Lincoln Hill)Finds New High-Grade Gold And Silver Zones At Lincoln Hill
9/13/2011(Garden Gate Pass)is Drilling at Garden Gate Pass Project
8/9/2011(Garden Gate Pass)is Ready to Drill Garden Gate Pass Project
7/27/2011(Wilco)Reports Metallurgical Results From Wilco
6/2/2011(Wilco)Drills Thick Gold Zone at Wilco
5/25/2011(Lincoln Hill)Starts Drilling on Jefferson Zone at Lincoln Hill
5/16/2011Resource Clips: Rye Patch Works Toward Eight Million Nevada ...
5/9/2011(Wilco)Extends North Basin High-Grade Zone At Wilco
4/20/2011(Jessup)Adds Jessup to 2011 Program and Budget
3/3/2011(Wilco)Drills More High-Grade Gold at Wilco
2/17/2011(Wilco)Announces 2011 Programs and Budgets for Nevada Portfolio
2/17/2011(Jessup)Announces 2011 Programs and Budgets for Nevada Portfolio
2/17/2011(Gold Ridge Nevada)Announces 2011 Programs and Budgets for Nevada Portfolio
2/8/2011(Lincoln Hill)Drills Thick Zones of Gold and Silver at Gold Ridge
1/25/2011(Wilco)Continues Drilling Success at Wilco
1/12/2011(Lincoln Hill)Drills New Gold and Silver Zone on Lincoln Hill
8/11/2010(Lincoln Hill)Identifies New Gold Target Along The Oreana Trend
6/30/2010(Lincoln Hill)Files Technical Report on Lincoln Hill Resource
6/7/2010(Wilco)Drills 44.5 G/T Au and 36.3 G/T Ag over 1.5 Metres at Wilco
12/10/2009(Lincoln Hill)Drills 21.19 g/t Gold Over 7.0 Metres At Lincoln Hill
11/13/2009(Lincoln Hill)Drills 15.2 G/T Gold And 308 G/T Silver Over 3 Metres At Lin...
6/11/2009(Lincoln Hill)Plans Program for High-Grade Gold at Lincoln Hill Project
6/2/2009(Jessup)Jessup Gold and Silver Resource Estimate
11/25/2008(Wilco)Drills 38.1 Metres Grading 2.61 G/T Au In New Target At Wilc...
11/12/2008(Jessup)Drills 7.6 Metres Grading 9.19 G/T Au At Jessup
6/17/2008(Wilco)Begins 2008 Drilling on Wilco Project to Expand Known Gold R...
5/12/2008(Wilco)Outlines Oxide Characteristics Of Wilco Resource
3/27/2008(Jessup)Extends Gold Mineralization At The Jessup Resource Project
3/12/2008(Lincoln Hill)Discusses Progress At The Lincoln Hill/Gold Ridge Project
1/9/2008(Wilco)Drills 176 Feet Of 0.030 Opt Gold At Wilco Discovery
Corporate news of Rye Patch Gold Corp.
7/29/2016Rye Patch Announces Acquisition of the Florida Canyon Gold M...
7/9/2016Rye Patch Announces Filing of NI 43-101 Technical Report on ...
6/16/2016Rye Patch Announces Completion of Cdn$49.1 Million Private P...
6/2/2016Rye Patch Announces Cdn$40 Million Private Placement of Subs...
5/25/2016Rye Patch Signs Agreement to Acquire Florida Canyon Gold Min...
1/14/2016Rye Patch Stakes claims along Gold Ridge-Florida Canyon tren...
12/18/2015Rye Patch Amends Patty Agreement with Barrick and Provides U...
12/15/2015Caesars Report's Thibaut Lepouttre Interviewed by The Gold R...
10/29/2015Rye Patch receives $1,462,300 quarterly royalty payment
10/28/2015Rye Patch Begins Drilling Within the Lincoln Hill Resource C...
10/19/2015U.S. Global Investors' Frank Holmes and Ralph Aldis Intervie...
9/15/2015Rye Patch Completes Metallurgical Drill Program at Lincoln H...
8/28/2015Rye Patch Gold Grants Stock Options
8/11/2015Rye Patch Arbitrates Q1 2014 Royalty Payment with Coeur
7/16/2015Rye Patch receives $1,490,000 quarterly royalty payment
7/9/2015Rye Patch Purchased and Cancelled 923,500 Common Shares in Q...
4/16/2015Rye Patch Receives $1,850,000 Quarterly Royalty Payment
4/9/2015Rye Patch Completes Land Purchase at Lincoln Hill
4/9/2015Rye Patch Hires Lincoln Hill Project Team
4/7/2015Rye Patch Completes Land Purchase at Lincoln Hill
4/2/2015Rye Patch Adds to Oreana Land Position
3/18/2015Rye Patch Drilling Targets World Class Cortez Gold Trend
3/3/2015Rye Patch Gold Buys Strategic Private Surface and Mineral Es...
3/2/2015Rye Patch Gold Appoints Tony Wood as Chief Financial Officer
2/10/2015Rye Patch Gold 2015 - Funded and Active
11/25/2014Rye Patch Updates Investors On Receipt Of Cash From Royalty
11/24/2014Rye Patch Drills High-Grade Structural Zones At Lincoln Hill
10/15/2014Rye Patch Drills High-Grade Gold At Wilco
10/6/2014Rye Patch Clarifies MD&A and Technical Disclosure
9/17/2014Rye Patch Appoints Buffington to Board of Directors
9/15/2014Rye Patch Drills 1.24 g/t AuEq Over 19.8m at Its Gold Ridge ...
9/8/2014Rye Patch Appoints VP Corporate Development
8/21/2014Rye Patch Gold Announces Stock Options Extensions
7/23/2014Rye Patch Gold Grants Stock Options
7/3/2014Rye Patch Announces Filing of Technical Report for Lincoln H...
5/28/2014Rye Patch Reports Drilling Starts at Lincoln Hill
5/21/2014Rye Patch Announces Lincoln Hill Preliminary Economic Assess...
5/9/2014Rye Patch Gold Appoints New Chairman
12/11/2013(Lincoln Hill)Receives Positive Metallurgical Results From Lincoln Hill
7/12/2013Grants Stock Options
6/25/2013And Coeur Reach Settlement On LH Claim Legal Dispute
6/3/2013Reports Expansion Of Goldridge Gold/Silver Zone
11/6/2012Rye Patch Updates Rochester Project Resources Based on Coeur...
11/6/2012s Rochester Project Resources Based on Coeur d'Alene's Recen...
10/26/2012Receives New Trial Date From Sixth District Court
10/16/2012Rye Patch Receives Court Order Granting Coeur's Motion to Po...
10/16/2012Receives Court Order Granting Coeur's Motion to Postpone
10/1/2012s Gold Exploration Along the Cortez Trend
8/16/2012Rye Patch Gold Announces Amended Non-Brokered Private Placem...
8/15/2012Rye Patch Updates Status of Lawsuit Against Coeur Rochester,...
8/6/2012Rye Patch Stakes More Mineral Claims at Rochester and Packar...
5/30/2012Mid-Day Breaking News From Gold Canyon and Rye Patch
5/29/2012Drills Significant Gold And Silver Zones On The LH Claims
3/12/2012Files Motion for Restraining Order Against Coeur d'Alene Min...
2/15/2012Rye Patch Gold Achieves #6 Ranking on the 2012 TSX Venture 5...
1/16/2012Added To S&P/Tsx-V Index
1/10/2012Bill Howald discusses the latest Rochester Press Release wit...
1/5/2012Cuts Lower Plate Carbonates, Carlin-Style Alteration, and El...
12/21/2011Granted Access To The LH Claims
12/17/2011s Court Proceedings
9/8/2011Barrick's New Multi-Million Ounce Discovery at Cortez (Nevad...
8/25/2011Jay Taylor writes up Rye Patch Gold Corp.
2/17/2011Announces 2011 Programs and Budgets for Nevada Portfolio
7/28/2010Leases Wilco Geothermal Rights
6/23/2010Ubika Research Initiates Coverage on Rye Patch Gold Corp.
2/26/2010has been added to GoldMinerPulse.com
2/10/2010Executes Definitive Agreement with Centerra Gold (U.S.) Inc....
10/21/2009Coverage in the Gold Newsletter
11/28/2008Announces Release Of Previously Escrowed Securities
11/4/2008TSX Venture Exchange Advances Rye Patch Gold To Tier 1 Statu...
9/24/2008Drills 25 Feet Grading 2.2 Ounces/Ton Au at Lincoln Hill
9/17/2008Drills 45.7 Metres Grading 1.34 G/T Au At Wilco
8/19/2008Reports Lincoln Hill - Gold Ridge Drilling Complete
7/29/2008Reports On The Wilco Drill Program
7/10/2008Begins Drilling On Lincoln Hill And Gold Ridge
5/29/2008Confirms Ridge Gold/Silver Anomaly On Lincoln Hill
5/28/2008to be featured on CEO Clips airing on BNN
4/30/2008Increases Wilco Gold Resource
4/3/2008 Retains Renmark Financial Communications
2/28/2008Releases Project Programs And Budgets For 2008
2/6/2008Options Cortez Trend Gold Play From Barrick
11/19/2007Acquires Rights to Lincoln Hill Property, Nevada and Consoli...
10/17/2007Expands Section Line Discovery on Wilco Project
10/3/2007Completes Acquisition Of The Jessup Project, Nevada From Mid...
9/25/2007Drills 21 Metres of 2.74 g/t Gold New Gold Zone on Wilco Pro...
9/6/2007Doubles Wilco Gold Resource
8/21/2007Acquiring The Jessup Project, Nevada From Midway Gold Corp.
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