Rise Gold Corp. (RYES): Item 8.01 Other Events On February 20...

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Tuesday, 02/20/2024 1:51:53 PM

Tuesday, February 20, 2024 1:51:53 PM

Item 8.01 Other Events

On February 20, 2024, Rise Gold Corp. (the "Company") announced that the Nevada County Board of Supervisors (the "Supervisors") adopted a resolution ("Resolution"), in a public hearing on Friday, February 16, 2024 (the "Hearing"), denying the Company's application for a Use Permit to allow the re-opening of the Idaho Maryland Gold Mine and not certifying the Final Environmental Impact Report (the "FEIR").

The Supervisors cited undefined mining disasters, impacts to water wells, noise, vibrations, and other concerns as reasons for the denial. Importantly, these risks were analyzed extensively by the County's FEIR, which concluded that there would be no significant impacts from them to the County.

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