Review Of Tungsten Exploration Targets At Idaho-Maryland Mine

GRASS VALLEY, CA – Rise Gold Corp. has commenced a review of historical data indicating that the Company’s wholly-owned Idaho-Maryland mine (I-M Mine) may contain significant amounts of tungsten. The I-M Mine operated nearly-continuously from 1862 to 1957, producing an estimated 2.4 million ounces of gold at an average mill head grade of 0.50 ounces per ton (17.1 grams per tonne). By the early 1940s, the I-M Mine was the second-largest gold producer in the United States.
Joe Mullin, CEO, said, “Tungsten was already classified as a critical mineral by the federal government, and a March 2025 executive order expanded the list to include gold, making the I-M Mine an ideal project for federal sponsorship as the United State reshores its critical defense industries.”