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    Gold Mining Exploration “Ridley Lake”

    Description

    L#20210101

    Ridley Lake Gold Project  consists of 196 contiguous unpatented single cell and boundary mining claims in which Richmond owns a 100% interest. The Project is centrally located within the Swayze Greenstone Belt in  the North central Ontario in Rollo and Raney Townships, Porcupine Mining Division or more specifically 40 km southwest of the town of Foleyet and 120 km west-southwest of the city of Timmins.

    Recent significant gold discoveries within the SGB include the Cote Lake deposit (acquired by Iamgold in April 2012 for $585 million), and the Probe Mines Borden Lake gold discovery (recently acquired by Goldcorp for $526 million), a multi-million ounce gold deposit located approximately 23 miles to the west.
    • Early exploration work on the Property dates back to 1932 prospecting. Two quartz veins (the Cyril Knight and the Aguara Showings) trending in an east-west strike orientation were discovered in the central property area. These veins were exposed on surface for strike lengths up to 245 m, with widths varying between 1 and 3 m. Assays from these veins were highly variable, with grades ranging from trace values up to 23 g/t gold (0.7 ounces per ton). • The Project can be accessed year-round by a network of logging and bush roads and is underlain by part of a major sequence of early Precambrian volcanics and sediments referred to as the Swayze volcanic complex or the Swayze-Deloro metavolcanic- metasedimentary belt.
    • Gold mineralization discovered through diamond drilling to date at the project is associated with a variety of geological features which include shear zone development, quartz carbonate stockwork systems and contacts between felsic and mafic flows.

    Basic Details

    Target Price:

    TBD

    Gross Revenue

    TBD

    EBITDA

    TBD

    Business ID:

    L#20210101

    Country

    Canada

    City:

    Ridley Lake

    Detail

    Business ID:L#20210101
    Target Price: TBD
    Gross Revenue:TBD
    EBITDA:TBD
    Target Price / Revenue:TBD
    Target Price / EBITDA:TBD
    Contact M&A Advisor

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      • Greenland (Kalaallit Nunaat)+299
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      • Guadeloupe+590
      • Guam+1671
      • Guatemala+502
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      • Guinea (Guinée)+224
      • Guinea-Bissau (Guiné Bissau)+245
      • Guyana+592
      • Haiti+509
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      • Iceland (Ísland)+354
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      • Indonesia+62
      • Iran (‫ایران‬‎)+98
      • Iraq (‫العراق‬‎)+964
      • Ireland+353
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      • Israel (‫ישראל‬‎)+972
      • Italy (Italia)+39
      • Jamaica+1
      • Japan (日本)+81
      • Jersey+44
      • Jordan (‫الأردن‬‎)+962
      • Kazakhstan (Казахстан)+7
      • Kenya+254
      • Kiribati+686
      • Kosovo+383
      • Kuwait (‫الكويت‬‎)+965
      • Kyrgyzstan (Кыргызстан)+996
      • Laos (ລາວ)+856
      • Latvia (Latvija)+371
      • Lebanon (‫لبنان‬‎)+961
      • Lesotho+266
      • Liberia+231
      • Libya (‫ليبيا‬‎)+218
      • Liechtenstein+423
      • Lithuania (Lietuva)+370
      • Luxembourg+352
      • Macau (澳門)+853
      • Macedonia (FYROM) (Македонија)+389
      • Madagascar (Madagasikara)+261
      • Malawi+265
      • Malaysia+60
      • Maldives+960
      • Mali+223
      • Malta+356
      • Marshall Islands+692
      • Martinique+596
      • Mauritania (‫موريتانيا‬‎)+222
      • Mauritius (Moris)+230
      • Mayotte+262
      • Mexico (México)+52
      • Micronesia+691
      • Moldova (Republica Moldova)+373
      • Monaco+377
      • Mongolia (Монгол)+976
      • Montenegro (Crna Gora)+382
      • Montserrat+1664
      • Morocco (‫المغرب‬‎)+212
      • Mozambique (Moçambique)+258
      • Myanmar (Burma) (မြန်မာ)+95
      • Namibia (Namibië)+264
      • Nauru+674
      • Nepal (नेपाल)+977
      • Netherlands (Nederland)+31
      • New Caledonia (Nouvelle-Calédonie)+687
      • New Zealand+64
      • Nicaragua+505
      • Niger (Nijar)+227
      • Nigeria+234
      • Niue+683
      • Norfolk Island+672
      • North Korea (조선 민주주의 인민 공화국)+850
      • Northern Mariana Islands+1670
      • Norway (Norge)+47
      • Oman (‫عُمان‬‎)+968
      • Pakistan (‫پاکستان‬‎)+92
      • Palau+680
      • Palestine (‫فلسطين‬‎)+970
      • Panama (Panamá)+507
      • Papua New Guinea+675
      • Paraguay+595
      • Peru (Perú)+51
      • Philippines+63
      • Poland (Polska)+48
      • Portugal+351
      • Puerto Rico+1
      • Qatar (‫قطر‬‎)+974
      • Réunion (La Réunion)+262
      • Romania (România)+40
      • Russia (Россия)+7
      • Rwanda+250
      • Saint Barthélemy+590
      • Saint Helena+290
      • Saint Kitts and Nevis+1869
      • Saint Lucia+1758
      • Saint Martin (Saint-Martin (partie française))+590
      • Saint Pierre and Miquelon (Saint-Pierre-et-Miquelon)+508
      • Saint Vincent and the Grenadines+1784
      • Samoa+685
      • San Marino+378
      • São Tomé and Príncipe (São Tomé e Príncipe)+239
      • Saudi Arabia (‫المملكة العربية السعودية‬‎)+966
      • Senegal (Sénégal)+221
      • Serbia (Србија)+381
      • Seychelles+248
      • Sierra Leone+232
      • Singapore+65
      • Sint Maarten+1721
      • Slovakia (Slovensko)+421
      • Slovenia (Slovenija)+386
      • Solomon Islands+677
      • Somalia (Soomaaliya)+252
      • South Africa+27
      • South Korea (대한민국)+82
      • South Sudan (‫جنوب السودان‬‎)+211
      • Spain (España)+34
      • Sri Lanka (ශ්‍රී ලංකාව)+94
      • Sudan (‫السودان‬‎)+249
      • Suriname+597
      • Svalbard and Jan Mayen+47
      • Swaziland+268
      • Sweden (Sverige)+46
      • Switzerland (Schweiz)+41
      • Syria (‫سوريا‬‎)+963
      • Taiwan (台灣)+886
      • Tajikistan+992
      • Tanzania+255
      • Thailand (ไทย)+66
      • Timor-Leste+670
      • Togo+228
      • Tokelau+690
      • Tonga+676
      • Trinidad and Tobago+1868
      • Tunisia (‫تونس‬‎)+216
      • Turkey (Türkiye)+90
      • Turkmenistan+993
      • Turks and Caicos Islands+1649
      • Tuvalu+688
      • U.S. Virgin Islands+1340
      • Uganda+256
      • Ukraine (Україна)+380
      • United Arab Emirates (‫الإمارات العربية المتحدة‬‎)+971
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      • United States+1
      • Uruguay+598
      • Uzbekistan (Oʻzbekiston)+998
      • Vanuatu+678
      • Vatican City (Città del Vaticano)+39
      • Venezuela+58
      • Vietnam (Việt Nam)+84
      • Wallis and Futuna (Wallis-et-Futuna)+681
      • Western Sahara (‫الصحراء الغربية‬‎)+212
      • Yemen (‫اليمن‬‎)+967
      • Zambia+260
      • Zimbabwe+263
      • Åland Islands+358








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      Published on May 29, 2021 at 3:00 pm. Updated on December 2, 2023 at 2:00 pm


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      Ridley Lake Gold Project  consists of 196 contiguous unpatented single cell and boundary mining claims in which Richmond owns a 100% interest. The Project is centrally located within the Swayze Greenstone Belt in  the North central Ontario in Rollo and Raney Townships, Porcupine Mining Division or more specifically 40 km southwest of the town of Foleyet and 120 km west-southwest of the city of Timmins.

      Recent significant gold discoveries within the SGB include the Cote Lake deposit (acquired by Iamgold in April 2012 for $585 million), and the Probe Mines Borden Lake gold discovery (recently acquired by Goldcorp for $526 million), a multi-million ounce gold deposit located approximately 23 miles to the west.
      • Early exploration work on the Property dates back to 1932 prospecting. Two quartz veins (the Cyril Knight and the Aguara Showings) trending in an east-west strike orientation were discovered in the central property area. These veins were exposed on surface for strike lengths up to 245 m, with widths varying between 1 and 3 m. Assays from these veins were highly variable, with grades ranging from trace values up to 23 g/t gold (0.7 ounces per ton). • The Project can be accessed year-round by a network of logging and bush roads and is underlain by part of a major sequence of early Precambrian volcanics and sediments referred to as the Swayze volcanic complex or the Swayze-Deloro metavolcanic- metasedimentary belt.
      • Gold mineralization discovered through diamond drilling to date at the project is associated with a variety of geological features which include shear zone development, quartz carbonate stockwork systems and contacts between felsic and mafic flows.

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