Riley Gold Expands Tokop Gold Project Land Position
VANCOUVER, BC - Riley Gold Corp. has significantly increased the land position of its Tokop Gold Project, located within the Walker Lane Trend, Nevada, by 400% to over 21 square kilometers (“sq kms”). The significant and strategic increase of the Tokop Project land package was designed to cover additional geological interpretation and was completed with staking of additional 160 unpatented mining claims covering approximately 3,280 acres (or 13.3 sq kms) and by executing an option agreement on the Rattlesnake East property to purchase additional unpatented mining claims covering approximately 922 acres (3.7 sq kms). The Tokop Project area now encompasses approximately 21 sq kms.
“Since closing our Nevada property transactions (Tokop and Pipeline West/Clipper), we have completed a mapping and rock/chip sampling program at the Tokop Project in an effort to further identify the project geology and structural setting. We have sent over 110 samples to the assay lab, pending results, and have quadrupled the land package to cover an interpreted, larger than expected, mineralized system. We are extremely pleased with our findings at the Tokop Project to date and look forward to initiating our maiden drill program, which is expected to begin in the upcoming months,” said, Todd Hilditch, CEO.