(TheNewswire)
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Edmonton, Alberta – TheNewswire - October 03, 2024 — Golden Rapture Mining Corporation. (CSE - GLDR) (“Golden Rapture” or “the Company”) is pleased to announce the successful completion of its Phase 2 diamond drill program at its 10,000-acre Tier 1 Phillips Township Gold Property located in the Rainy River District, NW Ontario.
Our shallow diamond drilling program tested areas around the old Combined Mine shafts and surface veins on strike with the shafts. The Phillips Township property hosts a total of eighteen (18) mine shafts and an adit. They include the Combined Mine, Mascotte Mine, Trojan Mine, Boulder Mine, Terrell Mine, OGS Occurrence, Kuluk Occurrence & the Young's Bay Occurrence.
The Drill core from all the holes has now been logged and sampled with the mineralized drill core now having been sent to the AGAT Lab in Thunder Bay for analysis.
Included are a few pictures of the many types of mineralized veins that were intersected:
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We are excited to have completed our Phase 2 diamond drilling program and the results of all the holes will be released as soon as we receive them from the Lab.
Qualified Person
The technical disclosure in this news release has been reviewed and approved by John Archibald, P.Geo., Qualified Person as defined by National Instrument 43-101 of the Canadian Securities Administrators.
Analytical Laboratory and QA/QC Procedures
All sampling completed by Golden Rapture Mining Corporation within its exploration programs is subject to a Company standard of internal quality control and quality assurance (QA/QC) programs which include the insertion of certified reference materials, blank materials and a level of duplicate analysis. Surface grab samples from the 2024 summer program were all sent to AGAT Laboratories. AGAT Laboratories conform to requirements of ISO/IEC Standard 17025 guidelines and meets assay requirements outlined for NI 43-101.
About Golden Rapture Mining
Golden Rapture is a new issuer that became listed on March 12, 2024, and is a well-funded exploration company engaged in the acquisition, exploration, and development of high-potential assets located in favorable, established Tier 1 mining jurisdictions being the Rainy River area of NW Ontario, Canada.
On behalf of the Board
Richard Rivet, President & CEO Email:
goldenrapture@outlook.com
Phone: 780-729-5395
For more info please look at our website at
https://goldenrapturemining.com/
Forward-looking statements include predictions, projections, and forecasts and are often, but not always, identified by the use of words such as “seek”, “anticipate”, “believe”, “plan”, “estimate”, “forecast”, “expect”, “potential”, “project”, “target”, “schedule”, “budget” and “intend” and statements that an event or result “may”, “will”, “should”, “could” or “might” occur or be achieved and other similar expressions and includes the negatives thereof. All statements other than statements of historical fact included in this release, including, without limitation, statements regarding the Company’s planned exploration programs and drill programs and potential significance of results are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Forward-looking statements are based on a number of material factors and assumptions. Important factors that could cause actual results to differ materially from Company’s expectations include actual exploration results, changes in project parameters as plans continue to be refined, results of future resource estimates, future metal prices, availability of capital, and financing on acceptable terms, general economic, market or business conditions, uninsured risks, regulatory changes, defects in title, availability of personnel, materials, and equipment on a timely basis, accidents or equipment breakdowns, delays in receiving government approvals, unanticipated environmental impacts on operations and costs to remedy same, and other exploration or other risks detailed herein and from time to time in the filings made by the Company with securities regulators. Although the Company has attempted to identify important factors that could cause actual actions, events, or results to differ from those described in forward-looking statements, there may be other factors that cause such actions, events, or results to differ materially from those anticipated. There can be no assurance that forward-looking statements will prove to be accurate, and accordingly readers are cautioned not to place undue reliance on forward-looking statements.
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