Rye Patch Gold Receives State Approval To Irrigate New Pad
VANCOUVER, March 30, 2017 /CNW/ - Rye Patch Gold Corp. (TSX.V: RPM; OTCQX: RPMGF; FWB: 5TN) (the "Company" or "Rye Patch") reports it has received approval from the Bureau of Mining Regulation and Reclamation to start irrigation on the new South Heap Leach Pad ("South Pad"). In spite of the severe winter weather this year, the Florida Canyon mine re-start has been successfully completed.
Mining, crushing and loading of the South Pad are ramping up and are nearing 70% of the forecast production rate coming into the end of the first quarter. Optimizing and maximizing performance of the mine will take place over the second quarter with commercial production anticipated by mid-2017.
"It's with a great sense of accomplishment and pride that the Florida Canyon team has completed the re-start of the mine," said President and CEO William Howald. "This accomplishment launches Rye Patch as a tenacious gold producer with a bright future with its pipeline of existing resource assets and exploration upside along the Oreana trend."
The final Nevada Department of Wildlife ("NDOW") site inspection has been scheduled. The first gold pour from the South Pad is projected in April 2017.
About Rye Patch Gold Corp.
Rye Patch Gold Corp. is a Nevada based, Tier 1, mining company engaged in the mining and development of quality resource-based gold and silver mines and projects along the established Oreana trend in west central Nevada. Leveraging its strong financial position and cash to acquire the operating Florida Canyon Gold Mine, Rye Patch Gold Corp. now controls a trend-scale platform with operations, resource assets and exploration upside. The combination of operations and exploration concentrated along a major Nevada gold trend positions Rye Patch as an emerging mid-tier gold producer with tremendous value added potential. For more information, please visit our website at www.ryepatchgold.com.