Option Agreement To Acquire The Legal Tender Property

VANCOUVER – Rush Gold Corp. has entered into an option agreement with Silver Range Resources Ltd. to acquire 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,” said Anthony Zelen, CEO. “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.