RPM:TSX.V; RPMGD:OTCQX

Rye Patch Gold Corp.

Ryes Patch Gold Corp. is an emerging precious metals producer headquartered in Vancouver, B.C. with operations in Nevada. The Company's flagship operation is the Florida Canyon Mine, located northeast of Lovelock, Nevada. In 2016, Rye Patch Gold Corp (RPM) acquired the Florida Canyon mine in northern Nevada. This heap leach oxide gold asset catapults RPM as the next gold producer in Nevada with production commencing in 2017. Florida Canyon has a long history as a gold producer in Nevada.
RPM:TSX.V RPMGD:OTCQX

Expert Comments:

George Topping, iA Securities (4/11/18)
"Rye Patch Gold Corp.'s Q1/18 Florida Canyon production was 10.8 Koz. . .Alio brings a lot to the table in terms of cash (~$50M), technical ability and risk reduction. . .given the institutional shareholder support, we expect the Rye Patch-Alio deal to pass."

George Topping, an analyst with iA Securities, discussed the business combination arrangement on the table between the two mining companies.
read more >
George Topping, iA Securities (3/19/18)
"This morning, Rye Patch Gold Corp. announced a business combination with Alio Gold, whereby Alio will acquire all outstanding Rye Patch shares in a friendly deal. . .the offer is 25% above Friday's close. Rye Patch shareholders will own 47% of the combined entity; the deal is expected to close on May 25, 2018."

Philip Ker, PI Financial (2/1/18)
"Rye Patch Gold Corp. recently closed an equity financing resulting in gross proceeds of CA$20M. . .the influx of capital will be used to service debt obligations along with providing additional working capital. . .completion of the financing alleviates any balance sheet overhang and provides a working capital buffer as the Florida Canyon mine continues to ramp up."

George Topping, iA Securities (2/1/18)
"Rye Patch Gold Corp.'s private placement should provide enough cash to meet all of the company's financial obligations in the near term. . .we estimate current cash at ~$7M in addition to the $20M gross from this deal, which should be more than adequate now that Florida Canyon should be generating positive cash flows."

Philip Ker, PI Financial (1/10/18)
"Rye Patch Gold Corp. provided a monthly production update for December where the Florida Canyon mine produced 4,069 oz, a 16.6% increase over November. Additionally, management confirmed the operation had achieved sufficient actual versus modeled recovery levels from the heap-leach pad to support declaration of commercial production."

George Topping, iA Securities (1/9/18)
"Rye Patch Gold Corp.'s production figures are slowly but steadily improving month over month and should accelerate markedly in Q1/18 with the addition of the trucks; we forecast 12.6 Koz produced in Q1/18. These solid production results combined with a lower strip ratio should keep the balance sheet intact."

A flagship Nevada project is showing results and the company anticipates commencing commercial production in the first quarter of 2018.
read more >
A Macquarie Research report finds many leading indicator metrics promising for early 2018 commercial production at a Nevada gold mine.
read more >

More Expert Comments

Experts Following This Company

Michael Gray, Analyst – Macquarie Capital Markets
Philip Ker, Mining Analyst – PI Financial
Thibaut Lepouttre, Editor Caesars Report
Brien Lundin, Author Gold Newsletter (Jefferson Financial)
George Topping – iA Securities

The information provided above is from analysts, newsletters, the company and other contributors.

Rye Patch Gold Corp. is a sponsor of Streetwise Reports. The company's sponsorship fees pay for Streetwise Reports to create and update this "Investor Summary Page," to which links are placed on Streetwise Reports' websites and newsletters. Streetwise Reports does not accept stock for the payment of fees. See disclaimer for more details.

The company description, investing highlights and catalyst calendar on this page were prepared by the company. The Expert Comments and Experts Following This Company sections of this page are compiled by Streetwise Reports. There may be other information about the company that is not placed on this page. Streetwise Reports does not guarantee the accuracy or thoroughness of the information contained on this page.

The Expert Opinions above are excerpted from third-party sources not affiliated with or controlled by Streetwise Reports. The statements or opinions expressed in the Expert Opinions above are those of the authors indicated, and Streetwise Reports has not verified the accuracy of material excerpted here.

Streetwise Reports does not provide investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security.Streetwise Reports does not endorse or recommend the business, products, services or securities of any company mentioned on Streetwise Reports.

Readers should conduct their own research for all information publicly available concerning the company.

Investing Highlights
 
Gold and Silver Resource Story with Exploration Success
 
Developing Florida Canyon Mine in Nevada
 
Fully Funded with Cash Flow From Royalty and Residual Florida Canyon Gold
 
Experienced and Proven Management and Operations Team
 
Top Mining Region in the World-Nevada USA