RPX Gold Inc (RPX) News
TSXV: RPX · Gold · Advanced Exploration stage
- Market cap$69.4M
- Share price$0.155
- 52-week range$0.120 – $0.270
- Shares outstanding447,879,249
- ExchangeTSXV
- Websiterpxgold.com
RPX Gold Inc. is a gold exploration company, advancing the flagship Wawa Gold Project located in northwestern Ontario, in the Michipicoten Greenstone Belt of Ontario, and is adjacent to several established gold-producing operations, including those operated by Wesdome Gold Mines Ltd., Alamos Gold Inc. and Hemlo Mining Corp. The Wawa Gold Project benefits from strong local infrastructure and excess regional mill capacity. The Company is evaluating open-pit operations designed to generate early cash flow to help fund the advancement of the underground operation. This phased approach is aimed at de-risking development, accelerating the time to revenue and minimizing shareholder dilution. The approach is subject to the completion of a number of milestones before a production decision can be made, such as continued drilling and mineral resource definition, conducting additional metallurgical test work, completing a prefeasibility study, continuing baseline studies as well as additional permitting and Indigenous consultations, among other factors. The Wawa Gold Project currently hosts mineral resources from two mineral deposits, namely the Jubilee Shear and the Minto Mine. The mineral resources include an indicated mineral resource of 22.909 million (' M ') tonnes grading 1.69 g/t Au containing 1,244,000 ounces Au and an inferred mineral resource of 9.951 M tonnes grading 1.59 g/t Au containing 509,000 ounces Au, with both open-pit and underground mining potential. Gold mineralization extends to surface on a historic mining property, which supports the Company's phased development strategy. Please refer to the technical report entitled 'Preliminary Economic Assessment: Wawa Gold Project' with an effective date of February 18, 2026, which is available on www.SEDARPLUS.ca under the Company's profile for more information. The Company's shares trade on the TSX Venture Exchange under the symbol 'RPX' and on the OTCQB Markets under the symbol 'RDEXF'.
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News for RPX Gold Inc (TSXV: RPX) on MineTerminal Pro.