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Rush Gold Options Legal Tender, Au-Ag Nevada Property
VANCOUVER, BC, September 16, 2025 – TheNewswire - Rush Gold Corp. (“Rush” or the “Company”) (CSE: RGN | FSE: B6H) is pleased to announce it has entered into an
About this update from Rush Gold Corp.
[{"type":"text","content":"VANCOUVER, BC, September 16, 2025 – TheNewswire - Rush Gold Corp. (“Rush” or the “Company”) (CSE: RGN | FSE: B6H) is pleased to announce it has entered into an option agreement with Silver Range Resources Ltd. (TSX-V: SNG) to acquire a 100% 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,” says Anthony Zelen, CEO of Rush Gold. “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. Under the option agreement, Rush Gold may acquire a 100% interest by making escalating cash payments totaling US$200,000 and completing 1,000 metres of drilling over four years. Silver Range will retain a 2.5% NSR royalty, which may be reduced to 1.0% through buyback, and will be entitled to a defined resource payment of US$4 per ounce of gold (or gold-equivalent) on any Measured and Indicated Resources delineated on the property. Qualified Person The scientific and technical information contained in this news release has been reviewed and approved by Kristopher J. Raffle, P.Geo. (BC), Principal and Consultant of APEX Geoscience Ltd. of Edmonton, AB, who is a director of Rush Gold Corp. and a “Qualified Person” as defined in National Instrument 43-101 – Standards of Disclosure for Mineral Projects. Mr. Raffle has verified the data, which included a review of the sampling, analytical and test methods underlying the data, information and opinions disclosed herein. About Rush Gold Corp. Rush Gold is an American focused exploration company advanc...