In a surprising turn of events, Ramp Metals (RAMP.V) made a groundbreaking discovery at their Rottenstone SW property in Saskatchewan. Initially targeting nickel, copper, and platinum group elements, the crew unearthed a significant gold deposit instead, which has put Saskatchewan on the map as a gold country.
The Ranger-01 discovery hole revealed impressive gold zones, including 73.55 grams per tonne gold and 19.50 g/t silver over 7.5 metres, qualifying as a bonanza find. This unexpected discovery has propelled Ramp from a $5 million company to a $20 million company in just a few weeks, showcasing the potential of gold exploration in the region.
CEO Jordan Black expressed excitement over the newfound gold district, shifting the company’s focus from battery metals to gold exploration. Vice-President of Exploration Garrett Smith emphasized the importance of thorough core assay, highlighting the significance of testing new targets for potential discoveries.
While the Rottenstone property still holds promise for nickel, copper, and platinum group elements, Ramp’s gold discovery has sparked interest from other companies eyeing the area for further exploration. With plans for follow-up drilling in the fall and winter, Ramp aims to capitalize on their success and uncover more multi-element deposits.
As the company navigates the permitting process and conducts additional sampling, the future looks bright for Ramp Metals as they continue to uncover the untapped potential of Saskatchewan’s mineral-rich landscape. Stay tuned for more updates on this exciting development in the world of mining and exploration.
