RX Exploration Inc's strategy is to re-examine mineral projects within North America that have previously reached advanced exploration, underground development or past gold or silver production.
Drumlummon Mine Project, Montana, USA
The Company’s flagship project is the Drumlummon Gold and Silver Mine, located near
Marysville
,
Montana
,
USA
(the “Drumlummon”). The Drumlummon is a bonanza style low-sulphidation epithermal gold and silver deposit with historic production of approximately one million ounces of gold equivalent. The mine has never been fully exploited or explored and material that was once considered waste is now potentially economic. In addition, the Company has discovered a series of entirely new high-grade gold and silver veins that remain open for expansion in three directions. Refer to News or Properties.
The governmental permits required to proceed with restarting operations have been obtained by the Company and it is proceeding with dewatering the Drumlummon underground workings down to the 600 foot level. The Company’s goals for 2010 are to develop an underground decline to the Charly Vein and the D Block zones; conduct test mining on the Charly Vein and D-Block zones; complete metallurgical testing; and continue to outline the resource through underground drilling and drifting.
