Friday, December 21, 2012

Rainy River Resources Pulls Back From Pickle Lake Project

Rainy River Resources had decided not to take controlling interest of an exploration project north of Pickle Lake.

The company had been in partnership with Northern Superior Resources for the past two years in the  
Ti-pa-haa-kaa-ning project with an option to assume 51 per cent.

President Raymond Threlkeld says while drilling identified good potential in the project, they've decided to focus efforts and resources in developing its gold project south of Kenora.