Wednesday, October 10, 2012

More Gold And Silver Identified


Rainy River Resources has determined it has more gold and silver than initially thought at its project north of Barwick.

An update mineral resource statement issued today puts measured and indicated mineral resources at 6.2 million ounces of  gold and 13.2 million ounces of silver.

That's 9 per cent higher than the numbers released for gold in February and 12 per cent high for silver.

The company hopes to begin open pit mining operations in 2016.