Member Company Profile

RNC Minerals

RNX:CN|Last Price: USD 0.44|Market Cap: USD 157.90 M

USD 0.05        USD 0.90


Gold Price: $1,434.90|Silver Price: $16.35|Platinum Price: $852.00|Palladium Price: $1,532.00|Gold:Silver: 87.8


European Gold Forum 2019

Presentation: April 10, 2019, 4:40 PM (CEST)|Presenter: Russell Starr, Senior Advisor


Status: Producer|Primary Mineral: Gold|Primary Country of Operation: Australia


Last Updated: April 4, 2019

  Print Profile

IR Contact

Rob Buchanan
+ 1 (416) 309-0600
[email protected]
www.rncminerals.com

Address

141 Adelaide Street West, Suite 1608
Toronto, ON M5H 3L5
Canada

Cautionary Information

© Copyright 2019, Denver Gold Group & RNC Minerals.
Although every care has been taken to ensure that this data is accurate, Denver Gold Group cannot accept responsibility for sourcing variances, mistakes, errors or omissions or for any action taken in reliance thereon. Use of this data is governed by Denver Gold Group's Terms of Use.

Safe Harbor Statement

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RNC has a 100% interest in the producing Beta Hunt gold mine located in Western Australia where a significant high grade gold discovery - "Father's Day Vein" - was recently made. RNC is currently completing a 40,000 metre drill program, the results of which will be incorporated into an updated NI 43-101 compliant Mineral Resource Estimate and mine plan targeted for Q2 2019. Beta Hunt gold resource potential is underpinned by multiple gold shears with gold intersections across a 4km strike length which remain open in multiple directions adjacent to an existing 5km ramp network. RNC also has a 28% interest in a nickel joint venture that owns the Dumont Nickel-Cobalt Project located in the Abitibi region of Quebec which contains the second largest nickel reserve and eighth largest cobalt reserve in the world. RNC owns a 33% interest in Orford Mining Corporation, a mineral explorer focused on highly prospective and underexplored areas of Northern Quebec. RNC has a strong management team and Board with over 100 years of mining experience. RNC's common shares trade on the TSX under the symbol RNX. RNC shares also trade on the OTCQX market under the symbol RNKLF.

Value Drivers
  • Producing gold mine with recent Father's Day Vein discovery provides potential for high grade coarse gold across multiple shear zones
  • Massive exploration potential - 40,000 metre drill program underway
  • HGO purchase option provides milling solution to unlock significant potential at Beta Hunt Mine

Annual Production
Gold, oz per year
GEOs: No

Annual Proven & Probable Reserves
Gold, Moz per year
Mineral Authority: NI 43-101 , GEOs: No

All data is attributable unless otherwise stated in footnotes. Mineral resources are exclusive of reserves unless otherwise stated in footnotes.

Top Shareholders
  • Eric Sprott
  • -
  • -
Management
Chairperson: Paul Huet
CEO: Mark Selby
CFO: Tim Hollaar
COO: Johnna Muinonen
Vice President, Exploration: Alger St-Jean
Vice President, Business Development and General Counsel: John Leddy
More Detail
Capital Structure
Common Shares Outstanding: 475,757,978
Float (%): 100.00
Other Stock Units: 11,226,893
Options Outstanding: 35,899,399
Fully Diluted Shares: 522,884,270

IR Contact

Rob Buchanan
+ 1 (416) 309-0600
[email protected]
www.rncminerals.com

Address

141 Adelaide Street West, Suite 1608
Toronto, ON M5H 3L5
Canada

Cautionary Information

© Copyright 2019, Denver Gold Group & RNC Minerals.
Although every care has been taken to ensure that this data is accurate, Denver Gold Group cannot accept responsibility for sourcing variances, mistakes, errors or omissions or for any action taken in reliance thereon. Use of this data is governed by Denver Gold Group's Terms of Use.

Safe Harbor Statement

Read