Rimrock Gold Corp (RMRK)

[stayfocused]

Here's something I found on seeking alpha and seems to indicate there's no NI43-101 or equivalent report recently on the property. It also says that Jordan has to issue 17.8m shares to the seller, so the post split total should be 25m because I can't see them issuing the shares prior to the split (but I could be wrong). Shows tho that there could be real potential here so with a long term view could be a good ROI. JMO

Before we take a closer look at the sweet underlying logistics of the new properties, which comprise some 2k acres on or near the legendary Carlin and Midas trends, it is important to recognize the agreement's closing appointment of 35-year exploration and mining veteran, Richard Redfern, M.Sc., C.P.G. (NI 43-101 Certified Professional Geologist and Qualified Person), to director and VP of Exploration. This appointment is a hidden gem inside a larger deal so abundantly good it could easily be overlooked. Easily, if not for the considerable reputation Redfern has established for himself in the industry, having tackled some of the toughest digs around the globe with aplomb, from the Americas, to Africa, Australasia, and Europe.

Rimrock Property - 1.08k acres (54 lode claims)

Right in the Midas trend and with consistently similar mineralization/geology, this property is ideally situated between Great Basin Gold's Hollister gold-silver mine (5 miles southeast) and Newmont's whopping Midas Mine (19 miles northwest). Look at the data on these sites for a second and consider the potential at Rimrock, with Hollister clocking in at upwards of 1M oz of high-grade gold in reserves at grades well over 1 opt and initial mineable reserve figures on the Midas Mine topping 3M oz of high-grade Au, with another 25M oz Ag. The site is believed by management to host a sizeable, high-grade underground Hollister/Midas target (low sulfidation silver-gold) that would provide exceptional profitability end points for the company, and the site is also right along a domed-up part of the Carlin trend. Considering the absence of any drill testing to depth for Hollister/Midas-type mineralization on-site and the three extant, historical mercury mines here, one of which is right on top of the core gold focus and which is situated at a major fault section (perfect secondary indicators), management isn't just whistling Dixie; these are obvious leads.

West Silver Cloud Property - some 780 acres of claims

South of Rimrock and roughly 7.5 miles southeast of Hollister, this site sits next to the old Silver Cloud Mine, an open-pit mercury operation atop the Placer Dome's primary target, which has been validated as carrying high-grade gold mineralization. Despite these extenuating facts, no real drill testing has been done here either and management again, looking at the regional geological portrait in conjunction with localized indicators, sees potential for a large, mineable underground resource.

Pony Spur Property - some 140 acres (7 lode claims)

Another obvious regional play, the Pony Spur shows dual mineralization types (Carlin-style sediment-hosted and low sulfidation breccia pipe) and rests comfortably in the southern Carlin-Rain gold trend. Roughly 1.4 miles northwest of Allied Nevada Gold's adjoining Pony Creek deposit (1.5M oz Au) and lined up along the Jerritt/Carlin trends, right near the main cluster of the superb Rain deposits (Newmont and Premier Gold have their notable Rain, Tess, and Emigrant mines here), the Pony Spur property is in this beautiful yet undefined fault system parallel to the Rain fault which intersects the Pony Creek gold deposit just east of the property boundary. Also nearby is the high-grade Saddle deposit (2M oz Au) and Gold Standard Ventures' currently under development Railroad-Bullion deposit.

http://seekingalpha.com/user/200555/instablog/2