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PINON-RAILROAD (RAIL)

Au
1,359.53
USD/oz
0.02
green
Data as of May 17, 2013 09:59PM UTC


Key Facts
Status: Exploration
Type of Work: Surface
Location: Nevada, USA
                 14 km South of CARLIN

Commodities: Gold
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Latest Information
October 27, 2009
Royal Standard Minerals reported to have completed a study of its Pinon and Darkstar properties in Elko County, Nevada has identified a number of new drill targets that have potential to be additive to the current near surface gold-silver resources at Pinon and Darkstar and for deep, underground, “new” gold resources. The development of new drill targets during this phase of study concentrated on those areas in close proximity to the measured near surface oxide gold-silver deposits to include the Pinon Property -Main Zone and North Pod and the Darkstar deposits. (There projects are currently under evaluation for near term development as an open pit heap leach operation by RSM).
September 8, 2009
Royal Standard Minerals announced its has purchased 100% interest in the Railroad project, located in Elko County, Nevada, Canada and sold its 100% interest to an unrelated private company for a total transaction price of $2.965 million.
January 10, 2008
Drill holes intersected long sections of copper oxide and precious metals mineralization during the gold exploration effort within an area north and south of the Bald Mountain fault (BMF). RR99-14 returned 100 feet of 0.630 % copper and 245 feet of 0.0365 % molybdenum; RR-99-16 returned 225 feet of 0.270 % copper and 100 feet of 0.0033 % molybdenum; and hole RR99-46 returned 165 feet of 0.38 % copper and 225 feet of 0.0041 % molybdenum, among others.

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