RNC Minerals , is pleased to announce that 19,356,772 million common share warrants have been exercised at prices ranging from $0.24 to $0.50 per share, for total proceeds of $8.4 million. "These exercises delivered a total of $8.4 million in additional cash to RNC. This infusion, in addition to the $38 million in cash to be received from the sale [...]
RNC Minerals , is pleased to announce that a new exploration drive on 14 Level at its Beta Hunt Mine intercepted and recovered visible coarse gold , providing further proof of concept that the structures containing the "Father's Day Vein" discovery extend 200 metres above the Father's Day Vein discovery . Technical teams at Beta Hunt are applying [...]
Eric Sprott announces that today he purchased over the Toronto Stock Exchange, 561,000 common shares of Royal Nickel Corporation . The shares were purchased at $0.4284 per share for total consideration of $240,332. This press release is being issued pursuant to Canadian early warning requirements because Mr. Sprott's beneficial holdings of shares [...]
Updated estimate of over 24,000 ounces is more than double initial estimate of 9,250 ounces TORONTO, Sept. 20, 2018 /CNW/ - RNC Minerals is pleased to announce an updated estimate of gold production from the "Father's Day Vein" discovery at its Beta Hunt Mine . It is now estimated that 24,000 ounces of high-grade gold has been produced from [...]
Recent development recovers a 43kg specimen stone containing an estimated 1,100 ounces of gold RNC Minerals , is pleased to announce that it has doubled the strike length of this high grade coarse gold structure, to approximately 10 metres, after restarting development in the new high grade gold discovery area "Fathers Day Vein" at its Beta Hunt [...]
New discovery includes 95kg specimen stone containing an estimated 2,440 ounces of gold and a 63kg specimen stone containing an estimated 1,620 ounces of gold RNC Minerals , is pleased to announce a new high-grade gold discovery at its Beta Hunt Mine. Over the past week, approximately 9,250 ounces of high grade gold was produced from a 44 m3 cut on [...]
RNC Minerals , in its capacity as Manager of the Dumont Joint Venture with Arpent Inc., a subsidiary of Waterton Precious Metals Fund II Cayman, LP and Waterton Mining Parallel Fund Offshore Master, LP , is pleased to announce that Ausenco Engineering Canada Inc. has been awarded the contract for a feasibility study update for the Dumont [...]
CRU Value-In-Use Market Analysis Determines 94% Nickel Payability For Dumont Concentrate Grades RNC Minerals is pleased to announce it has received positive results from CRU's value-in-use market analysis on RNC's innovative roasting approach on several different nickel concentrates, including the nickel-cobalt concentrate grades expected to be [...]
RNC will host a call/webcast on August 15 at 10:00 a.m. to discuss Q2 2018 results. North American callers please dial: 1-888-231-8191, international callers please dial: 647-427-7450. For the webcast of this event click [here] . RNC Minerals announces its financial results and review of activities for the quarter ended June 30, 2018. All amounts are [...]
Achieved mined and milled grades > 3 g/t target TORONTO, July 31, 2018 /CNW/ - RNC Minerals Corp. announces that its Beta Hunt Mine produced a total of 13,320 mined gold ounces in Q2 2018, a 60% increase versus the corresponding quarter in 2017. The mine has seen improvements in grade in the second quarter of this year, with the commencement of [...]
TORONTO, July 23, 2018 /CNW/ - RNC Minerals is pleased to announce that the second phase of the Beta Hunt Mine sale process has been successfully completed, with the selection of a preferred bidder. RNC has granted exclusivity to this bidder to allow for completion of the final phase of the sale process . Mark Selby, President and CEO of RNC [...]
TORONTO, July 23, 2018 /CNW/ - RNC Minerals announces that, further to its news release dated June 18, 2018 relating to the US$10 million RNC convertible note held by Waterton Precious Metals Fund II Cayman, LP and Waterton Mining Parallel Fund Onshore Master, LP , RNC's interest would be diluted to approximately 28%), RNC has received a conversion [...]
