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The Company’s flagship project is the Drumlummon Gold and Silver Mine, located near Marysville , Montana ,USA (the “Drumlummon”). The Drumlummon is a bonanza style low-sulphidation epithermal gold and silver deposit with historic production of approximately one million ounces of gold equivalent. The mine has never been fully exploited or explored and material that was once considered waste is now potentially economic. In addition, the Company has discovered a series of entirely new high-grade gold and silver veins that remain open for expansion in three directions.
Winnipeg, Canada – RX Exploration Inc. (CNSX: RXE) (the “Company”) completed 58.6 meters (192 ft) of drifting along the Charly Vein at the Company’s Drumlummon Gold Silver Mine, Montana to the end of April, 2010. Assays taken across the face of the vein after each blast yielded a cumulative average grade of 41 g/t gold (1.2 opt) and 973 g/t silver (28.4 opt) over an average drift width of 2.5 meters (8.1 ft). The Charly Vein system was discovered by the Company through drilling in 2008 and is open along strike as well as to depth. (“g/t” is grams per tonne and “opt” are ounces per short ton)
3.13 Ounces Gold and 55.6 Ounces Silver Over 7.4 Foot Vein Width as RX Reaches Charly Vein with Underground Ramp at Drumlummon Mine