09:25:24 EDT Tue 16 Sep 2025
Enter Symbol
or Name
USA
CA



Rush Gold Corp. - Common Shares
Symbol RGN
Shares Issued 15,493,500
Close 2025-09-15 C$ 0.10
Market Cap C$ 1,549,350
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ORIGINAL: Rush Gold Corp. Options Legal Tender, Au-Ag Nevada Property

2025-09-16 06:00 ET - News Release

(via TheNewswire)

  

VANCOUVER, BC, September 16, 2025 – TheNewswire - Rush Gold Corp. (“Rush” or the “Company”) (CSE: RGN | FSE: B6H) is pleased to announce it has entered into an option agreement with Silver Range Resources Ltd. (TSX-V: SNG) to acquire a 100% interest in the Legal Tender Property, a historic silver-gold project located 62 km northwest of Tonopah, Nevada.

 

“The Legal Tender Property provides Rush Gold with additional exploration ground in proximity to our Skylight Project,” says Anthony Zelen, CEO of Rush Gold. “We look forward to advancing work on this historic property as part of our district-scale strategy in Nevada.”

 

The Legal Tender Property lies approximately 3 km north of Rush Gold’s Skylight Project and covers most of the Republic Mining District, a silver-gold epithermal camp that saw limited production in the early 1900s. Historic workings include the Farris, Hyland and Black Butte Mines, along with several exploration shafts and adits.

 

Silver and gold mineralization has been reported in vein faults, veins, and breccia bodies along two principal structural trends. Historic sampling by Silver Range has returned assays including 1,875 g/t Ag and 4.94 g/t Au. These results are from selective grab samples and are not necessarily representative of mineralization across the property.

 

Under the option agreement, Rush Gold may acquire a 100% interest by making escalating cash payments totaling US$200,000 and completing 1,000 metres of drilling over four years. Silver Range will retain a 2.5% NSR royalty, which may be reduced to 1.0% through buyback, and will be entitled to a defined resource payment of US$4 per ounce of gold (or gold-equivalent) on any Measured and Indicated Resources delineated on the property.

     

Qualified Person

 

The scientific and technical information contained in this news release has been reviewed and approved by Kristopher J. Raffle, P.Geo. (BC), Principal and Consultant of APEX Geoscience Ltd. of Edmonton, AB, who is a director of Rush Gold Corp. and a “Qualified Person” as defined in National Instrument 43-101 – Standards of Disclosure for Mineral Projects. Mr. Raffle has verified the data, which included a review of the sampling, analytical and test methods underlying the data, information and opinions disclosed herein.  

 

About Rush Gold Corp.

 

Rush Gold is an American focused exploration company advancing its properties located in the Republic Mining District, Nye County, Nevada.  The company is listed on the CSE under the symbol RGN and in Frankfurt under the symbol B6H.

 

For further information, please contact:

Anthony Zelen Director and Chief Executive Officer

T: (778) 388 5258 E: investors@rushgoldcorp.com

http://www.rushgoldcorp.com

 

Forward-Looking Statements The information in this news release includes certain information and statements about management's view of future events, expectations, plans and prospects that constitute forward-looking statements, including statements respecting the anticipated trade date for the Common Shares on the CSE, the expected use of proceeds from the Offering and the Company’s plans for its Skylight property. These statements are based upon assumptions that are subject to significant risks and uncertainties. Because of these risks and uncertainties and as a result of a variety of factors, the actual results, expectations, achievements or performance may differ materially from those anticipated and indicated by these forward-looking statements. Any number of factors could cause actual results to differ materially from these forward-looking statements as well as future results. Although the Corporation believes that the expectations reflected in forward-looking statements are reasonable, it can give no assurances that the expectations of any forward-looking statements will prove to be correct. Except as required by law, the Corporation disclaims any intention and assumes no obligation to update or revise any forward-looking statements to reflect actual results, whether as a result of new information, future events, changes in assumptions, changes in factors affecting such forward-looking statements or otherwise. The Canadian Securities Exchange has not reviewed this press release and does not accept responsibility for the adequacy or accuracy of this news release.

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