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Rye Patch Gold Corp.

Rye Patch Gold Corp. is a Nevada-focused and discovery-driven company seeking to build a sizeable inventory of gold and silver resource assets in the mining friendly state of Nevada, U.S. The company's seasoned management team is engaged in the acquisition, exploration and development of quality resource-based gold and silver projects. Rye Patch Gold US Inc. controls over 75 sq km (30 sq miles) along the Oreana Trend located in west-central Nevada, and is developing gold and silver resources along this emerging trend. In east-central Nevada, Rye Patch Gold US Inc. is exploring 66 sq km along the prolific Cortez Trend near Barrick's new gold discovery. The company has established gold and silver resource milestones and time frames in order to build a premier resource development company.

Expert Comments:

"We like Bill Howald's Rye Patch Gold Corp. as a consolidation play. The PEA at Lincoln Hill reported a fantastic internal rate of return, but, of course, it's a bit small in size. It needs to grow. That's what the company is doing right now. One missing part is the results from the new metallurgy tests. The company intends to set up an extra crushing unit, similar to Coeur Mining's; that is expected to bring up the silver recoveries to 90% or more. With such numbers, it would be a great project to build for a relative small capex or even get bought out. Rye Patch has about a $20M market cap and gets about $4M every year at the current silver price from a royalty on Coeur's Rochester mine in Nevada. With this royalty the management can do all the drilling on its other projects and advance Lincoln Hill without touching the cash in the bank. Furthermore, the funds are enough for a bankable feasibility study. If the silver price goes to $25/oz, that $4M becomes $8M. Rye Patch currently has $7M in the bank and is trading at $0.14/share. There's a real opportunity to grow Lincoln Hill into something significant and if it does, Rye Patch will likely get bought." read more >

Brien Lundin, Gold Newsletter (Jefferson Financial) (3/26/15)
"Rye Patch Gold Corp. is gearing up for a 5,000m drill program on its Patty gold project in Nevada's Cortez Trend. . .to the south of its Garden Gate Pass property, which in turn is adjacent to Barrick Gold Corp.'s 15 Moz Goldrush deposit. Time will tell if this area has similar potential. . .we'll definitely watch this upcoming drill program with interest."

"We also like Rye Patch Gold Corp. in Nevada. CEO Bill Howald staked the unpaid mineral rights at Coeur Mining's Rochester mine. As a result, Rye Patch got about a $21M settlement in the form of a royalty on Rochester. Rye Patch's Lincoln Hill deposit is within kilometers of Rochester. Howald has about a $26M budget to bring that into production, but I expect that after he does all the technical work and gets his permitting, Coeur will take it out and thereby extend Rochester's mine life. Because Howald has funded Rye Patch with that royalty, and Lincoln Hill is such a simple, cheap operation, he doesn't need to come to the market and dilute shareholders, so Coeur taking it out should be a slam dunk. In addition, Rye Patch has two other targets quite close to Lincoln Hill." read more >

Matthew Sheppard, Jacob Securities (2/11/15)
"Rye Patch Gold Corp. has dedicated a large part of 2015's $5M budget to advancing the Lincoln Hill, Garden Gate Pass and Patty projects. The company is clearly focusing on the projects where it believes the most value can be added and has identified some exciting targets."

Brien Lundin, Gold Newsletter (Jefferson Financial) (12/11/14)
"Rye Patch Gold Corp. remains in a strong position thanks to the 3.4% net smelter royalty (NSR) it holds on the Rochester mine in Nevada. . . with a steady source of financing coming from the Rochester NSR, Rye Patch can continue exploring its properties for some time to come."

"I am very high on Nevada and the Carlin Trend of gold mines operated by juniors such as Rye Patch Gold Corp." read more >

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Investing Highlights
 
Developing Gold and Silver Resource Story with Exploration Success
 
Fully Funded and Cash Flow From a Royalty
 
Proven Management Working in the Top Mining Region in the World
Rye Patch Gold Corp. Content