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Richmond Minerals, Inc. (RMDFF) RSS Feed

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5
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Posts (Total)
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Created
05/02/10
Type
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Stock Exchange & Symbol: TSX-V RMD OR Pinks RMDFF Two extremely conductive and strongly magnetic GEOTEM airborne anomalies have been identified on the Hallé Township property, located approximately 23 kilometres east of Belleterre, Québec. Anomaly 1, located along the central eastern boundary of the property, is approximately 1.3 kilometres in length. Anomaly 2, located in the north central portion of the property, is approximately 4.5 kilometres in length. Ground prospecting near these conductors identified limited outcrop. Outcrops are extremely hard and highly silicified, and no graphite was observed. Minor base metal sulphide mineralization was noted at surface in gossan. Anomalous values for gold, copper, zinc, nickel, cobalt and chromium were detected in most samples. In particular, values as high as 0.14% nickel, 0.07% copper, 282 ppm cobalt and 0.22% chromium were reported. Sulphide concentrations in most of the surface grab samples were generally less than 1%. Management believes that the anomaly could be a volcanogenic massive sulphide (VMS) occurrence. This project has been delayed since the spring of 2007 due to a land claim brought forth by Long Point First Nation (LPFN) of Winneway, Québec. On September 23, 2009, the Company announced that a formal Memorandum of Understanding (MOU) was entered into with Long Point First Nation allowing Richmond and Fort Chimo (JV partners) to proceed with Phase I Exploration work of the Hallé Township nickel discovery project near Belleterre, Québec. CORPORATE ESSENTIALS Head Office: Suite 403 133 Richmond Street West Toronto, ON M5H 2L3 Tel. No. 416-603-2114 Fax No. 416-603-8436 E-mail: info@richmondminerals.com Corporate Office: Suite 1800 8 King Street East Toronto, ON M5C 1B5 Tel. No. 416-862-0887 Fax No. 416-862-2204 E-mail: fcrawford@bellnet.ca Sedar Filings: View Filings here Directors & Officers J. Birks Bovaird - Director, President and Chairman of the Board Franz Kozich - Director Robert J. Leinster - Director Andrew J. McQuire - Director Paul Millar - Director Ian A. Shaw - Chief Financial Officer France Crawford - Corporate Secretary Stock Exchange & Symbol: TSX-V RMD OR Pinks RMDFF Share Structure as at March 25, 2010 Common shares: 77,059,239 Options: 6,866,000 Share Purchase Warrants: 16,505,000 Fully diluted: 100,430,239 Financial Year End: May 31 Governing Jurisdiction: Ontario Reporting Jurisdiction: Ontario, British Columbia, Alberta Industry Classification: junior natural resources - mining CUSIP number: 002923 Auditors: Wasserman Ramsay Legal counsel: Peterson Law Professional Corporation Transfer Agent and Registrar: Capital Transfer Agency Inc. Newswire Service: CNW Group Corporate Bank: Bank of Montreal, First Canadian Place, Toronto, Ontario Investor Relations J. Birks Bovaird Email: bbovaird@richmondminerals.com Warren Hawkins Email: warren@richmondminerals.com Corporate Communications RM Communications Inc. 44 Charles Street West Suite 2319 Toronto, Ontario, Canada M4Y 1R7
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