Rye Patch has acquired advanced assets and explored aggressively towards its goal to build a sizable gold and silver resource. The company's Nevada focus arose from management's considerable knowledge of the region and Nevada's key position in world gold output. The state currently produces 78% of U.S. gold and 8% worldwide.
Rye Patch management, with extensive major and mid-tier experience worldwide, brings an unusual level of technical, financial and executive skills to a junior company. This outstanding group has developed and operated major mines and managed large exploration budgets on five continents.
The Company intends to sustain this rapid growth through exploration on its existing project portfolio and through acquisitions along some of Nevada's major gold trends.
Management is seeking new acquisitions in Nevada, and the timing is excellent. As market conditions decline, attractive projects are coming available on very favorable terms to make Rye Patch well positioned to capitalize on new opportunities in this rapidly-changing market.