Rainy Mountain Looks for Opportunities Outside Canada

By Scott Tibballs

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Rainy Mountain Royalty Corp (TSXV:RMO) has released information detailing that the company is exploring opportunities in the base metals sector outside of Canada, including in Namibia.

In a release on Monday (June 18) where the company outlined it’s current projects in Ontario, the company said that “a potential transaction to acquire a large land position in Namibia covering old copper-gold-silver mine producers, has been recently investigated.”

In the release, the company also provided highlights on current operations.

  • $4 million dollar exploration program completed on Marshall Lake copper-zinc-gold-silver exploration property, Ontario
  • Excellent grades intersected on Marshall Lake Property leads to further exploration recommendations
  • Rainy Mountain plans to expand base metal-gold holdings

Click here to find the full Rainy Mountain Royalty Corp (TSXV:RMO) press release on SEDAR.


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From:: Investing News Network