Wednesday, November 14, 2012

Rainy River Resources Exploring New Ore Deposit

Rainy River Resources is beginning to unlock the potential of a recently discovered ore deposit near its gold project north of Barwick.

The company has released new assay results for the area its calling the Intrepid Zone.

It was found just a kilometre from where an open pit mine is planned.

President Raymond Threlkeld says the new results suggests the zone may contribute high quality ounces early in a planned underground operation and perhaps develop into another open pit mine.