Get the Latest Investment Ideas Delivered Straight to Your Inbox. Subscribe

News Update


High-Grade Rock Samples from Nevada Project Return 970 g/t Silver, 19.3 g/t Gold
News Update

Share on Stocktwits


Riley Gold also noted that assay results confirm targets for its imminent drill campaign at the Tokop project.

Riley Gold Corp. (RLYG:TSX.V; RLYGF:OTCQB) announced in a news release that additional rock samples taken from its Tokop gold project in Nevada returned high-grade silver and gold.

Reported results are from the final 116 samples procured as part of the company's 2020-2021 exploration program at Tokop. Grades on these samples ranged from trace to 970 grams per ton (970 g/t) silver and to 19.3 g/t gold.

"We are very pleased with the additional results of our surface sample program at Tokop. These results demonstrate grade potential for both gold and silver at Tokop, as well as size potential of the mineralized system with surface rock samples extending 1.83 kilometers (1.83 km) from northwest to southeast and 3.62 km southwest to northeast," President and CEO Todd Hilditch said in the release.

"The results from the sampling program have confirmed the locations for our drilling campaign which is due to start within the next 7 days," Hilditch added.

"To date, Riley Gold's 2020/21 exploration program has included mapping, sampling and geological review and interpretation of previous work conducted at the project," the company stated. "New sampling has confirmed historical surface sample results and, in some places, discovered new areas requiring additional work."

Further review of previous logs and chip samples results as well as panning of some samples taken in outcrops and dumps showed visible gold. The company stated that results of additional geochemical analyses confirm its hypothesis that Tokop is a reduced intrusion-related gold system, similar to Fort Knox in Alaska.


1) Doresa Banning compiled this article for Streetwise Reports LLC and provides services to Streetwise Reports as an independent contractor. She or members of her household own securities of the following companies mentioned in the article: None. She or members of her household are paid by the following companies mentioned in this article: None.
2) The following companies mentioned in this article are billboard sponsors of Streetwise Reports: None. Click here for important disclosures about sponsor fees. As of the date of this article, an affiliate of Streetwise Reports has a consulting relationship with Riley Gold. Please click here for more information.
3) Comments and opinions expressed are those of the specific experts and not of Streetwise Reports or its officers. The information provided above is for informational purposes only and is not a recommendation to buy or sell any security.
4) The article does not constitute investment advice. Each reader is encouraged to consult with his or her individual financial professional and any action a reader takes as a result of information presented here is his or her own responsibility. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. This article is not a solicitation for investment. Streetwise Reports does not render general or specific 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.
5) From time to time, Streetwise Reports LLC and its directors, officers, employees or members of their families, as well as persons interviewed for articles and interviews on the site, may have a long or short position in securities mentioned. Directors, officers, employees or members of their immediate families are prohibited from making purchases and/or sales of those securities in the open market or otherwise from the time of the decision to publish an article until three business days after the publication of the article. The foregoing prohibition does not apply to articles that in substance only restate previously published company releases. As of the date of this article, officers and/or employees of Streetwise Reports LLC (including members of their household) own securities of Riley Gold, a company mentioned in this article.

Want to read more about Gold and Silver investment ideas?
Get Our Streetwise Reports Newsletter Free and be the first to know!

A valid email address is required to subscribe