RNC recently made a high grade discovery at its Beta Hunt gold mine in Western Australia.
RNC Minerals Mining News
RNHigginsville contains 5.9 million proven and probable tonnes grading 1.92 grams gold per tonne for 367,000 oz. gold.
RNC Minerals of Toronto has made changes to its board.
Year-to-date October 31, 2018 mined gold ounces was 71,957.
RNC Minerals reported 58,460 ounces of gold production for the first nine months of 2018.
Objective is to expand upon the Father's Day Vein high grade gold discovery at the A Zone area of the Beta Hunt mine, near Kambalda, Western Australia.
The company believes the stones are among the biggest of their kind ever unearthed in the country.
More than 9,000 ounces, or $10 million worth of gold, were recovered in a four-day period.
RNC announced today that it has entered into a US$13 million bridge financing facility with Auramet.
The company's Dumont cobalt and nickel project in Quebec is the world’s largest undeveloped reserve of both metals, with over 1 billion tonnes of reserves and a 33-year mine life.
Cobalt 27, RNC Minerals shares pop after inking $70m deal on world's largest undeveloped cobalt, nickel sulphide deposit.
Joint venture will focus on nickel assets, particularly the Quebec-based Dumont project, which is expected to become the world's fifth largest nickel sulphide mine.
Debt refinancing provides big boost for ramp-up and development of Beta Hunt gold mine in Western Australia acquired in May.
Now called RNC Minerals, the Toronto-based miner raises $9.2m to ramp up Australian gold mine acquired in May as Eric Sprott takes 10% stake.