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Enter Symbol
or Name
USA
CA



Golden Rapture Mining Corp
Symbol GLDR
Shares Issued 52,289,390
Close 2026-06-29 C$ 0.035
Market Cap C$ 1,830,129
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Golden Rapture starts Swell Bay exploration program

2026-06-29 17:39 ET - News Release

Mr. Richard Rivet reports

GOLDEN RAPTURE MINING ANNOUNCES NEW EXPLORATION PROGRAM FOLLOWING STRONG GOLD RESULTS AT ITS NEWLY ACQUIRED SWELL BAY PROPERTY- RAINY RIVER DISTRICT

Following the highly encouraging results reported in its June 5, 2026, news release, Golden Rapture Mining Corp. is initiating a new exploration program at its recently acquired Swell Bay patented mineral claims, located near Fort Frances, Ont.

This decision follows the company's successful initial surface sampling program, which confirmed the presence of high-grade gold mineralization across multiple historic workings on the property. Two standout grab samples returned 63.11 grams per tonne Au (gold) and 30.79 g/t Au, respectively, validating both historical reports and the property's strong exploration potential.

New exploration program overview

Building on these results, Golden Rapture Mining will immediately begin a follow-up program that includes:

  • Additional trail cutting to access more historic workings referenced in historical reports by ATV;
  • Systematic sampling across newly identified mineralized zones;
  • Expanded prospecting across areas where historical records indicate additional veins and trenches that remain undiscovered;
  • Geological mapping to refine structural interpretations and identify drill-ready targets.

Advantages of patented mineral claims

In Canada, unlike most mining claims, patented mineral claims refer to land that has been transferred from public ownership (Crown land) to private ownership through a legal document known as a Crown patent. The Swell Bay patents have surface rights and mineral rights granted to the owner of the title. Paying the low yearly maintenance fee is all that is needed to keep the private land in good standing indefinitely.

Property history

The earliest recorded work on this property dates back to the 1890s, when initial developments included the sinking of shafts along with several pits and trenches. Visible gold was reported and observed historically, and confirmed by other geologists years later and also recently. Gold mineralization is hosted not only within quartz veins but also throughout the shear zones, suggesting the potential for a broader and more structurally controlled gold-bearing system.

Property geology highlights from the 2001 Swell Bay National Instrument 43-101 report:

  • Historical grab sample results from 2001 returned exceptionally strong assay results, including grades of up to 718.06 grams per tonne Au and 535.93 g/t Au.
  • At the most eastern part of the property, the shear zone is 300 feet wide, it trends southwest, widens to approximately 1,500 feet, and includes all of the rock of the peninsula between the two creeks at the eastern end of Swell Bay. Most of the gold-bearing quartz veins are within this shear zone.
  • One thousand feet east-northeast of the shaft, on claim FF3998, a shear zone in the gabbro has partly been replaced by quartz. The quartz zone, which trends N80EE, was traced 600 feet along strike. A 15-foot-long trench at the western end of this vein exposed a 12-foot-long zone of chlorite schist, which contains three parallel quartz veins, two to three feet wide. The host rock on either side of the shear zone ranges from five to 25 feet wide and contains massive quartz up to 20 feet wide.
  • The vein material one thousand feet east of the shaft on claim FF4004 is limonite-stained quartz, which contains numerous vugs. In some samples, a fine-grained grey sugary quartz was cut by more coarse-grained glassy quartz. In order of decreasing abundance, the quartz contains minor amounts of disseminated pyrite, pyrrhotite, chalcopyrite and galena, along with streaks of chlorite. Small grains of gold were observed in the limonite-stained vugs with the sulphide minerals and in the sugary quartz.
  • Considerable visible gold was also observed on claim FF4000 from a three ft wide vein that can be followed for 100 ft, where it dips vertically into low ground at the bottom of a ridge.

President and chief executive officer Richard Rivet commented:

"The results from our initial sampling program validate the strong historical reports and confirm the high potential of the Swell Bay property. We are excited to launch this next phase of exploration, which will focus on uncovering additional historical trenches, veins and mineralized zones to advance the project towards drill-ready status."

Qualified person

The technical and scientific information in this news release has been reviewed and approved by John Archibald, PGeo, consulting geologist for Golden Rapture. Mr. Archibald is independent and not a director and is a qualified person as defined by NI 43-101.

About Golden Rapture Mining Corp.

Golden Rapture Mining is an exploration company engaged in the acquisition, exploration and development of high-potential projects. The company is proud to have assembled a portfolio of five gold projects, which include the Phillips township, Swell Bay, Bully Boy mine, Hutchison mine and Northern Queen mine projects. Shares issued are 52,389,390.

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