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Rye Patch Gold Corp.

Publié le 12 mars 2008

Discusses Progress At The Lincoln Hill/Gold Ridge Project

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Mots clés associés :   Canada |
NEWS RELEASE
No. 08 - 04

Rye Patch Discusses Progress At The Lincoln Hill/Gold Ridge Project

Vancouver, British Columbia, March 12, 2008 - Rye Patch Gold Corp (TSX-V: RPM and RPM.WT) ("Rye Patch" or the "Company") is excited by the results of compilation work on the recently acquired, 100% controlled Lincoln Hill and 100% owned Gold Ridge property. The project covers a total of 3,276 acres, and securely positions the Company along Midway Gold's Spring Valley gold trend.

The Company has completed an evaluation and interpretation of past exploration work at the Lincoln Hill/Gold Ridge property, located within the Rochester mining district within 4 miles west of the Rochester silver and gold mine and roughly 3 miles southwest of Midway Gold's Spring Valley discovery. The project is underlain by the prospective volcanic and sedimentary rocks of the Koipato Group which hosts the majority of the gold and silver mineralization in the district. The Rochester mining district has produced a total of 4.5 million oz. of gold and 130 million oz. of silver.

The majority of the previous exploration work at Lincoln Hill was conducted by Newmont Mining Corp. (2001-2003) and Coeur Rochester Inc (1988-1990). Rye Patch Gold's evaluation of this work includes re-logging of Newmont drillholes, construction of drillhole cross-sections and interpretation of previous surface and underground sampling programs. Based on this analysis, the project contains potential for a bulk-tonnage gold deposit similar to the Rochester Silver Mine and the Spring Valley discovery. The significant gold/silver targets are summarized below.

At the Lincoln Hill Mine Area, Newmont's underground channel sampling at the Lincoln Hill Mine indicates the presence of bulk-tonnage gold and silver mineralization immediately adjacent to the historically mined high-grade stops. Table 1 summarizes the bulk-tonnage gold and silver rock-chip channel sample intervals.



Similar to the Spring Valley discovery, the gold-silver mineralization at the Lincoln Hill mine is associated with quartz and quartz-tourmaline veins, altered intrusives and local silicification of the wall rocks. The Lincoln Hill Mine mineralization appears to be controlled by the intersection of northeast-trending faults and a low-angle, northwest-trending dike swarm. The above geologic features are key components for a bulk-tonnage, gold and silver mineral deposit in the district.

The second bulk-tonnage gold and silver target is the Ridge Gold Anomaly. Detailed grid and outcrop rock sampling along the ridge located north of the Lincoln Hill mine indicates an east-west trending gold anomaly nested within a larger silver anomaly. The gold anomaly, ranging from 0.1 g/t Au to 5.7 g/t Au, extends 1,000-metres east-west and is up to 90-metres wide. This anomaly lies north of the Lincoln Hill Mine and appears to represent a major east-west mineralized trend open to the east. In the past the gold anomaly was tested with only three shallow vertical holes collared near the margin of the anomalous area.

The silver anomaly, ranging 2 g/t Ag to 380 g/t Ag, covers an area of 1,000-metres in length and is 35 to 300-metres in width. The anomaly was locally tested with shallow drilling and is open to the north, south and west. Detailed geologic and structural mapping, additional sampling, and drill testing of the gold and silver anomalies are planned.

Additional gold and silver target are located on the 100% owned Gold Ridge property which surrounds and is adjacent to the Lincoln Hill project. A 1.5-kilometre long structural zone has returned surface rock-chip gold anomalies. Additional mapping and sampling are planned as a follow up.

A 2000-metre drill program is planned to commence in summer at the project with results expected in the fall. The cost of the planned exploration program is $400,000.

The Company also reports that it has ended its business relationship with The Buick Group, an investor relations consultant.

Dr. Radu Conelea, AIPG Certified Professional Geologist #06871, the Company's Chief Geologist, is the Qualified Person as defined under National Instrument 43-101 responsible for the scientific and technical work on the exploration program and has reviewed the technical disclosure in this press release.

Rye Patch Gold Corp. is a Nevada-focused and discovery-driven company building a sizeable inventory of gold resource assets in the mining friendly state of Nevada, USA. The Company's seasoned management team is engaged in acquisition, exploration and development of quality resource-based gold projects. Rye Patch Gold is developing its primary assets -- the advanced-stage Wilco project located within the Humboldt Gold Trend in west-central Nevada and the Jessup project in Churchill County, Nevada. The Company is seeking gold opportunities that continue to create shareholder value and leverage the gold price. For more information about Rye Patch Gold, 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:
Ms. Karen Robb, Manager Investor Relations
info@ryepatchgold.com Phone: 604-638-1588 Fax: 604-638-1589

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

Suite 1740 - 1177 West Hastings St., Vancouver, BC, V6E 2K3, Canada
Phone 604-638-1588    Fax 604-638-1589    www.ryepatchgold.com

Données et statistiques pour les pays mentionnés : Canada | Tous
Cours de l'or et de l'argent pour les pays mentionnés : Canada | Tous

Rye Patch Gold Corp.

EXPLORATEUR
CODE : RPM.V
ISIN : CA7837271005
CUSIP : 783727 10 0
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Rye Patch Gold est une société d’exploration minière d'or basée au Canada.

Rye Patch Gold détient divers projets d'exploration en USA.

Ses principaux projets en exploration sont LINCOLN HILL, JESSUP, WILCO, GARDEN GATE PASS et GOLD RIDGE NEVADA en USA.

Rye Patch Gold est cotée au Canada. Sa capitalisation boursière aujourd'hui est 410,5 millions CA$ (318,7 millions US$, 273,4 millions €).

La valeur de son action a atteint son plus bas niveau récent le 20 février 2009 à 0,10 CA$, et son plus haut niveau récent le 19 janvier 2018 à 1,66 CA$.

Rye Patch Gold possède 387 300 000 actions en circulation.

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Financements de Rye Patch Gold Corp.
24/12/2009Closes First Tranche Of Private Placement
15/12/2009Announces Private Placement
15/12/2008Announces Private Placement
16/05/2008Rye Patch Announces Follow-Up Private Placement
16/05/2008Rye Patch Closes $1.25 Million Private Placement
Attributions d'options de Rye Patch Gold Corp.
11/06/2008Grants Stock Options
Nominations de Rye Patch Gold Corp.
22/10/2007Hires Manager Of Investor Relations
Projets de Rye Patch Gold Corp.
14/02/2014Discusses Exploration Programs And Budget For 2014
31/12/2013Coeur Rochester Mine Royalty Starts At Midnight
06/08/2013Quantifies 3.4% NSR Coeur Rochester Mine Royalty
09/05/2013(Lincoln Hill)Reports Lincoln Hill Exploration Update
08/05/2013Reports LH Claims Exploration Results
21/02/2013Expands Mystic And South Packard Pediment Silver-Gold Zones ...
01/10/2012Rye Patch Updates Gold Exploration Along the Cortez Trend
17/09/2012Rye Patch Announces Updated Gold and Silver Resources Within...
17/09/2012Rye Patch Announces Updated Gold and Silver Resources Within...
17/09/2012(Lincoln Hill)Announces Updated Gold and Silver Resources Within an Open P...
10/07/2012Rye Patch Intersects More Gold and Silver on the LH Claims
29/06/2012Rye Patch Leases Additional Land on the Rochester Project
27/06/2012Rye Patch Announces 1=2E28 Million ozs ofGold in the Measure...
30/05/2012(Garden Gate Pass)Starts Drilling at Garden Gate Pass
22/02/2012s Exploration Progress on Rochester Project
21/02/2012(Garden Gate Pass)Garden Gate Pass Project on Major Discovery Trend
01/02/2012(Gold Ridge Nevada)Reports Gold And Silver Assays From Gold Ridge
24/01/2012Stakes More Claims And Starts Drilling At Rochester
09/01/2012Makes New Gold and Silver Discoveries on the Rochester Prope...
06/01/2012(Garden Gate Pass)Bill Howald interviewed by Smallcappower.com regarding the r...
08/12/2011(Lincoln Hill)Announces Results of 2011 Lincoln Hill Drill Program
05/12/2011Expands Oreana Trend Holdings Stakes Mining Claims On Existi...
03/10/2011(Lincoln Hill)Finds New High-Grade Gold And Silver Zones At Lincoln Hill
13/09/2011(Garden Gate Pass)is Drilling at Garden Gate Pass Project
09/08/2011(Garden Gate Pass)is Ready to Drill Garden Gate Pass Project
27/07/2011(Wilco)Reports Metallurgical Results From Wilco
02/06/2011(Wilco)Drills Thick Gold Zone at Wilco
25/05/2011(Lincoln Hill)Starts Drilling on Jefferson Zone at Lincoln Hill
16/05/2011Resource Clips: Rye Patch Works Toward Eight Million Nevada ...
09/05/2011(Wilco)Extends North Basin High-Grade Zone At Wilco
20/04/2011(Jessup)Adds Jessup to 2011 Program and Budget
03/03/2011(Wilco)Drills More High-Grade Gold at Wilco
17/02/2011(Wilco)Announces 2011 Programs and Budgets for Nevada Portfolio
17/02/2011(Jessup)Announces 2011 Programs and Budgets for Nevada Portfolio
17/02/2011(Gold Ridge Nevada)Announces 2011 Programs and Budgets for Nevada Portfolio
08/02/2011(Lincoln Hill)Drills Thick Zones of Gold and Silver at Gold Ridge
25/01/2011(Wilco)Continues Drilling Success at Wilco
12/01/2011(Lincoln Hill)Drills New Gold and Silver Zone on Lincoln Hill
11/08/2010(Lincoln Hill)Identifies New Gold Target Along The Oreana Trend
30/06/2010(Lincoln Hill)Files Technical Report on Lincoln Hill Resource
07/06/2010(Wilco)Drills 44.5 G/T Au and 36.3 G/T Ag over 1.5 Metres at Wilco
10/12/2009(Lincoln Hill)Drills 21.19 g/t Gold Over 7.0 Metres At Lincoln Hill
13/11/2009(Lincoln Hill)Drills 15.2 G/T Gold And 308 G/T Silver Over 3 Metres At Lin...
11/06/2009(Lincoln Hill)Plans Program for High-Grade Gold at Lincoln Hill Project
02/06/2009(Jessup)Jessup Gold and Silver Resource Estimate
25/11/2008(Wilco)Drills 38.1 Metres Grading 2.61 G/T Au In New Target At Wilc...
12/11/2008(Jessup)Drills 7.6 Metres Grading 9.19 G/T Au At Jessup
17/06/2008(Wilco)Begins 2008 Drilling on Wilco Project to Expand Known Gold R...
12/05/2008(Wilco)Outlines Oxide Characteristics Of Wilco Resource
27/03/2008(Jessup)Extends Gold Mineralization At The Jessup Resource Project
12/03/2008(Lincoln Hill)Discusses Progress At The Lincoln Hill/Gold Ridge Project
09/01/2008(Wilco)Drills 176 Feet Of 0.030 Opt Gold At Wilco Discovery
Communiqués de Presse de Rye Patch Gold Corp.
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09/07/2016Rye Patch Announces Filing of NI 43-101 Technical Report on ...
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25/05/2016Rye Patch Signs Agreement to Acquire Florida Canyon Gold Min...
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18/12/2015Rye Patch Amends Patty Agreement with Barrick and Provides U...
15/12/2015Caesars Report's Thibaut Lepouttre Interviewed by The Gold R...
29/10/2015Rye Patch receives $1,462,300 quarterly royalty payment
28/10/2015Rye Patch Begins Drilling Within the Lincoln Hill Resource C...
19/10/2015U.S. Global Investors' Frank Holmes and Ralph Aldis Intervie...
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28/08/2015Rye Patch Gold Grants Stock Options
11/08/2015Rye Patch Arbitrates Q1 2014 Royalty Payment with Coeur
16/07/2015Rye Patch receives $1,490,000 quarterly royalty payment
09/07/2015Rye Patch Purchased and Cancelled 923,500 Common Shares in Q...
16/04/2015Rye Patch Receives $1,850,000 Quarterly Royalty Payment
09/04/2015Rye Patch Completes Land Purchase at Lincoln Hill
09/04/2015Rye Patch Hires Lincoln Hill Project Team
07/04/2015Rye Patch Completes Land Purchase at Lincoln Hill
02/04/2015Rye Patch Adds to Oreana Land Position
18/03/2015Rye Patch Drilling Targets World Class Cortez Gold Trend
03/03/2015Rye Patch Gold Buys Strategic Private Surface and Mineral Es...
02/03/2015Rye Patch Gold Appoints Tony Wood as Chief Financial Officer
10/02/2015Rye Patch Gold 2015 - Funded and Active
25/11/2014Rye Patch Updates Investors On Receipt Of Cash From Royalty
24/11/2014Rye Patch Drills High-Grade Structural Zones At Lincoln Hill
15/10/2014Rye Patch Drills High-Grade Gold At Wilco
06/10/2014Rye Patch Clarifies MD&A and Technical Disclosure
17/09/2014Rye Patch Appoints Buffington to Board of Directors
15/09/2014Rye Patch Drills 1.24 g/t AuEq Over 19.8m at Its Gold Ridge ...
08/09/2014Rye Patch Appoints VP Corporate Development
21/08/2014Rye Patch Gold Announces Stock Options Extensions
23/07/2014Rye Patch Gold Grants Stock Options
03/07/2014Rye Patch Announces Filing of Technical Report for Lincoln H...
28/05/2014Rye Patch Reports Drilling Starts at Lincoln Hill
21/05/2014Rye Patch Announces Lincoln Hill Preliminary Economic Assess...
09/05/2014Rye Patch Gold Appoints New Chairman
11/12/2013(Lincoln Hill)Receives Positive Metallurgical Results From Lincoln Hill
12/07/2013Grants Stock Options
25/06/2013And Coeur Reach Settlement On LH Claim Legal Dispute
03/06/2013Reports Expansion Of Goldridge Gold/Silver Zone
06/11/2012Rye Patch Updates Rochester Project Resources Based on Coeur...
06/11/2012s Rochester Project Resources Based on Coeur d'Alene's Recen...
26/10/2012Receives New Trial Date From Sixth District Court
16/10/2012Rye Patch Receives Court Order Granting Coeur's Motion to Po...
16/10/2012Receives Court Order Granting Coeur's Motion to Postpone
01/10/2012s Gold Exploration Along the Cortez Trend
16/08/2012Rye Patch Gold Announces Amended Non-Brokered Private Placem...
15/08/2012Rye Patch Updates Status of Lawsuit Against Coeur Rochester,...
06/08/2012Rye Patch Stakes More Mineral Claims at Rochester and Packar...
30/05/2012Mid-Day Breaking News From Gold Canyon and Rye Patch
29/05/2012Drills Significant Gold And Silver Zones On The LH Claims
12/03/2012Files Motion for Restraining Order Against Coeur d'Alene Min...
15/02/2012Rye Patch Gold Achieves #6 Ranking on the 2012 TSX Venture 5...
16/01/2012Added To S&P/Tsx-V Index
10/01/2012Bill Howald discusses the latest Rochester Press Release wit...
05/01/2012Cuts Lower Plate Carbonates, Carlin-Style Alteration, and El...
21/12/2011Granted Access To The LH Claims
17/12/2011s Court Proceedings
08/09/2011Barrick's New Multi-Million Ounce Discovery at Cortez (Nevad...
25/08/2011Jay Taylor writes up Rye Patch Gold Corp.
17/02/2011Announces 2011 Programs and Budgets for Nevada Portfolio
28/07/2010Leases Wilco Geothermal Rights
23/06/2010Ubika Research Initiates Coverage on Rye Patch Gold Corp.
26/02/2010has been added to GoldMinerPulse.com
10/02/2010Executes Definitive Agreement with Centerra Gold (U.S.) Inc....
21/10/2009Coverage in the Gold Newsletter
28/11/2008Announces Release Of Previously Escrowed Securities
04/11/2008TSX Venture Exchange Advances Rye Patch Gold To Tier 1 Statu...
24/09/2008Drills 25 Feet Grading 2.2 Ounces/Ton Au at Lincoln Hill
17/09/2008Drills 45.7 Metres Grading 1.34 G/T Au At Wilco
19/08/2008Reports Lincoln Hill - Gold Ridge Drilling Complete
29/07/2008Reports On The Wilco Drill Program
10/07/2008Begins Drilling On Lincoln Hill And Gold Ridge
29/05/2008Confirms Ridge Gold/Silver Anomaly On Lincoln Hill
28/05/2008to be featured on CEO Clips airing on BNN
30/04/2008Increases Wilco Gold Resource
03/04/2008 Retains Renmark Financial Communications
28/02/2008Releases Project Programs And Budgets For 2008
06/02/2008Options Cortez Trend Gold Play From Barrick
19/11/2007Acquires Rights to Lincoln Hill Property, Nevada and Consoli...
17/10/2007Expands Section Line Discovery on Wilco Project
03/10/2007Completes Acquisition Of The Jessup Project, Nevada From Mid...
25/09/2007Drills 21 Metres of 2.74 g/t Gold New Gold Zone on Wilco Pro...
06/09/2007Doubles Wilco Gold Resource
21/08/2007Acquiring The Jessup Project, Nevada From Midway Gold Corp.
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