Bill Howald outlines the production timeline for the Florida Canyon Mine
Cory
August 29, 2016
Rye Patch Gold (TSX.V:RPM & RPMGF) President and CEO Bill Howald joins Cory to further discuss the timeline to production for the Company’s Florida Canyon Gold project in Nevada. We further discuss the exploration potential in the area around the mine as well as the other properties held by Rye Patch.
Click here to visit the Rye Patch website for more information.
Also click here to read the recent news release issued today.
Click download link to listen on this device: Download Show
About 2 weeks ago, in a press release where RPM announced that it had granted 10mn of stock options to to “directors, officers, employees and consultants” (exercise price: C$50ct) [ http://www.ryepatchgold.com/news/2016/index.php?&content_id=274 ] the company re-iterated commercial production for Florida Canyon was slated for Q1 17 (something Bill mentioned since the acquisition was announced).
Today, we are told commercial production is slated for Q2 17….
Maybe it’s just a technicality (ie maybe previously, commercial prod was slated for March-end 2017, and now it’s targeted for early April 2017) but I am just curious what has changed in the past 2 weeks….
Disclaimer: I hold no position in RPM.
My 2cts.
LPG