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Message: RX-Press Release JV with Spruce Ridge

Re question posted on RX forum

In reading the mine history report it states that the mine tailings have been reprocessed along 4 miles of Silver Creek and McClernan 1983 stated that a large portion of gold was produce from old tailings from 1901 thru 1948.”

Management Reply

"No reliable answer to that question is available at this time."

"The RX/Spruce Ridge JV Property contains tailings from the Drumlummon Mine which, according to historical information, contain substantial recoverable amounts of gold and silver. Historical resource estimates cannot be given as they are not in compliance with current NI 43-101 standards and accordingly cannot be relied upon. We have commissioned a NI 43-101 compliant report to deal specifically with the JV Property containing the tailings and, upon completion in a few weeks, we will be in a better position to assess what level of disclosure we are permitted to make under NI 43-101.."

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