08:18:13 EDT Fri 17 May 2024
Enter Symbol
or Name
USA
CA



Golden Rapture Mining Corp
Symbol GLDR
Shares Issued 22,343,093
Close 2024-03-15 C$ 0.29
Market Cap C$ 6,479,497
Recent Sedar Documents

Golden Rapture stakes 11 claims at Phillips Township

2024-03-18 12:41 ET - News Release

Mr. Rick Rivet reports

NEWLY LISTED GOLDEN RAPTURE MINING RAISES MINE SHAFT COUNT TO 18 AND PROVIDES UPDATES

Golden Rapture Mining Corp. has expanded its 100-per-cent-owned Phillips Township property in Rainy River district, Nestor Falls, Northwestern Ontario. The company has now acquired by staking an additional 11 claims, therefore bringing the total land package to 236 claim cells spanning over 10,000 acres of highly prospective past-producing gold systems.

Golden Rapture Mining is a new issuer that began trading on the Canadian Securities Exchange on March 12, 2024, under the symbol GLDR.

These neighbouring claims became open and were immediately staked by the company's team on the merits of having another mine shaft and additional gold occurrences on them. The Phillips Township gold property is turning out to be a real treasure chest of forgotten golden opportunities by now having an impressive 18 historical mine shafts and an adit. For example, one of these mine shafts had an historical production grade of 24.75 ounces/ton/gold.

Quick history of the property

Exploration in the area is said to have started around 1885 when a large number of high-grade gold discoveries were made and where many properties were brought into production during what became known as the Lake of the Woods gold rush.

The gold rush was short lived when most prospectors stampeded to the Klondike in 1897. The property has seen very limited modern exploration until other new gold discoveries were made in the 1970s, 1980s and in 1999. It was again revived in 2017 when a 10-shallow-hole drill program intersected gold in every hole but the explorer ran out of funds and abandoned the property so never followed up.

Mr. Rick Rivet, chief executive officer of Golden Rapture, commented:

"Our team continues to execute our goal of bringing world-class high-grade gold occurrences from the iconic Lake of the Woods gold rush under one umbrella for the first time in history. We see this high-grade 10,000-acre Phillips Township property as a real treasure chest of forgotten golden opportunities as it hosts an impressive 18 historical mine shafts and one adit with visible gold having been recorded historically and recently. Also of great importance is the fact that the majority of the gold-bearing systems also have parallel systems. We now have the opportunity of having all of these underexplored high-grade gold systems within one single property to utilize modern technologies to find what the old timers could never see before. It's an incredibly exciting time for our company and its investors."

Coming assay results

A detailed property-wide surface sampling program of the many random quartz veins was conducted, with gold results to be announced shortly.

There are many types of quartz veins, including white, rusty, grey and blue in colour, ranging from coarse quartz or sugary textured.

Stay tuned for more information as Golden Rapture continues to expand and unravel the golden mysteries that lie within its flagship Phillips Township gold property.

Golden Rapture Mining engages multiple organizations to enhance investor outreach

Golden Rapture Mining is pleased to announce a strategic communications initiative designed to foster continuous investor communications and outreach to new and existing investors. In a concerted effort to enhance transparency and engagement, the company has entered into partnerships with two arm's-length and one non-arm's-length organization. The organizations have specialized expertise in financial media, investor relations, public relations and social media engagement. All contract amounts are denoted in Canadian dollars with no shares or options being given.

Departures Capital Inc.: Engaged for a three-month campaign, committed to a total of $16,173.42 in aggregate engagement for social media services, including YouTube and TikTok videos, interviews, articles etc. Arm's-length agreement.

Departures Capital is an investor-focused marketing company dedicated to creating value for shareholders and public companies through targeted and informative multilevel marketing.

Contact Departures Capital Inc.

6383 Mckay Ave.

Burnaby, Br.C., Canada, V5H0H8

Email: contact@departurescapital.com

Guerilla Capital: Engaged for a term of three months, at a compensation of $10,000 per month for the duration of the term. Non-arm's-length agreement as Guerilla Capital is owned by Ryan Yanch, a director of Golden Rapture.

Guerilla Capital utilizes dynamic, high-impact and high-volume messaging across over 50 investing groups and social media domains to target active investors daily. The group facilitates content creation, employing innovative marketing strategies and newsletter services to maximize brand visibility and engagement.

Contact Guerilla Capital

84 Watson Lane

Dundas, Ont., L9H 1T3

Email: ryan@guerillacapital.io

Marketsmart Communications Inc.: Engaged for a term of three months, at a compensation of $7,500 per month for the term. Arm's-length contract.

MarketSmart is a Vancouver-based corporate communications service provider, built over the last two decades, which benefits from a deep industry knowledge in venture capital and small-cap investing. MarketSmart brings a variety of small-cap to mid-cap opportunities for investing pioneers who are continually seeking new endeavours in venture capital investing. MarketSmart was established in 2002 and has worked with many Canadian Securities Exchange-listed companies in assisting them in developing their corporate profile within the investment community. MarketSmart is committed to providing value and outstanding service.

Contact Marketsmart Communications

614, 409 Granville St.

Vancouver, B.C., V6C 1T2

Email: info@marketsmart.ca

Qualified person

The technical disclosure in this news release has been reviewed and approved by John Archibald, PGeo, qualified person as defined by National Instrument 43-101 of the Canadian Securities Administrators.

About Golden Rapture Mining Corp.

Golden Rapture Mining is a well-financed exploration company engaged in the acquisition, exploration and development of high-potential assets located in favourable, established Tier 1 mining jurisdictions, being the Rainy River and Geraldton areas of Northwestern Ontario, Canada.

Golden Rapture's second property includes the past-producing Hutchison/Maylac gold mine located in the Geraldton gold camp, Northwestern Ontario. It was one of the richest mines in the area and was mined underground on and off from 1937 to 1947. The highest historical drill intersection included results as high as 24.16 ounces/ton/gold. The property has only seen shallow drilling and was only mined to a depth of around 400 feet.

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