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.

Expert Comments:

Brien Lundin, Gold Newsletter (Jefferson Financial) (7/1/17)
"Well managed with an enviable portfolio that combines production with significant exploration upside, Rye Patch Gold Corp. is an ideal investment for gold and silver bugs looking to capitalize on the next surge in precious metals prices. It's also a Buy at current levels."

Thibaut Lepouttre, Caesars Report (6/30/17)
"Rye Patch Gold Corp. is in the final stages of commissioning and ramping up its new Florida Canyon gold mine in Nevada. . .the company expects to be in commercial production in Q3/17, but has now also completed a CA$10M bought deal at CA$0.26 to top up its treasury and to have some sort of 'cushion.' Now it's up to Rye Patch's technical team to live up to the promises."

Shaking off delays in April, this mining and development company has money to expand, and analysts are talking about the Nevada project's May production results.
read more >
Michael Gray, Macquarie Capital Markets (6/2/17)
"Rye Patch Gold produced ~100 oz/day Au (3,094 oz Au) in May at Florida Canyon, which is in line with our expectations from the May 16 site visit. . .we expect gold production to continue to ramp up over the coming months, driven by pregnant gold solution concentrations increasing (leaching commenced recently on April 12) and two pad construction milestones. . .we reiterate our Outperform recommendation."

George Topping, iA Securities (6/2/17)
"Rye Patch Gold reported 3,094 oz gold poured during May at the Florida Canyon heap leach. . .at 3,094oz/month, the mine is producing ~103 oz/day, which is well on its way to achieving operating financial break even. The operation is on schedule for a late Q3/17-early Q4/17 declaration of commercial production, ahead of the late Q4/17 commissioning we conservatively forecast."

Brien Lundin, Gold Newsletter (Jefferson Financial) (6/1/17)
"Rye Patch Gold has elected to allow Coeur Rochester to purchase its 3.4% net smelter return for $5M. With the money in hand, Rye Patch can now focus its efforts on ramping up production at Florida Canyon. . .the company is a Buy."

Michael Gray, Macquarie Capital Markets (5/25/17)
"Our team is incrementally more bullish on Rye Patch Gold after visiting its flagship Florida Canyon mine for the second time in a year; insights gained from the Florida Canyon mine including mining and processing operations, expansion opportunities, resource performance and upside opportunities. The company is sequentially derisking the ramp-up at Florida Canyon and recently improved its financial position via the $5M sale of the Rochester net smelter royalty on May 15."

As iA Securities initiates coverage on Rye Patch, the miner receives state approval to start irrigation at the new pad at its Florida Canyon mine.
read more >

More Expert Comments

Experts Following This Company

Michael Gray, Analyst – Macquarie Capital Markets
Thibaut Lepouttre, Editor Caesars Report
Brien Lundin, Author Gold Newsletter (Jefferson Financial)
Ron Stewart, Analyst – Dundee Capital Markets
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