RMRK is surrounded by productive mines... The
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The company (RMRK) conducted a preliminary evaluation of these data and concluded that the Ivanhoe Creek property holds good potential for discovery of a new Hollister-type gold mineralized body, or an extension to mineralization present on the Hollister Mine property.
http://finance.yahoo.com/news/rimrock-gold-co...00554.html
A Hollister type project:
"About the Hollister Gold Mine:
Once considered to be one of the highest grade gold deposits in the world, the Hollister gold mine is located in northern Nevada, at the intersection of the Carlin Trend and the Northern Nevada Rift. The Carlin trend is one of the world’s richest gold mining districts and the most prolific gold mining region in North America.
The Hollister gold mine has been in production since 2008. The mine has had a historic production rate of 350-400 ore tones per day, producing an average of 80,000 oz of gold per year."
http://www.watertonglobal.com/waterton-global...in-nevada/
Newmont Midas Mine:
Historical Production: From 1998 - 2013, ~2,000,000 oz Au Mining Method: Modern mechanized underground mining, using a combination of cut and fill, and shrinkage stoping - See more at: http://www.klondexmines.com/s/midas.asp#sthash.ekwGOfrw.dpuf
http://www.klondexmines.com/s/midas.asp
02/11/2014
DENVER--(BUSINESS WIRE)-- Newmont Mining Corporation (NYSE: NEM) (“Newmont” or “the Company”) announced it successfully completed the sale of its Midas operation in Nevada to Klondex Mines Ltd. (TSX: KDX) (“Klondex”) for total consideration in excess of $83 million.
- See more at: http://www.newmont.com/newsroom/newsroom-deta...IUBYz.dpuf
And RMRK just created a series of Preferred Shares that are NON-diluting....