Rye Patch Updates Gold Resource Estimate at Wilco

Rye Patch Gold Corp (TSXV:RPM,OTCQX:RPMGF,FWB:5TN) announced updated gold and silver resource estimates from the Nevada-based Wilco project.

As quoted in the press release:

HIGHLIGHTS:

• Using $1,200 per ounce gold and $20 per ounce silver, the in-pit resource returned 1.28 million ounce of gold and 12 million ounces of silver in the measured and indicated category;
• The measured and indicated resources increased by 86% over the May 11, 2009, resource estimate; and
• The resources are within two Whittle optimised pits located 1 kilometre apart.

Click here for the Rye Patch Gold Corp (TSXV:RPM) press release.