Golden Rapture Mining 2023 Presentation
Golden Rapture Fact Sheet
Rapture Mining Corporation plans to raise by way of an initial public offering (IPO) on the CSE a minimum of 666,667 common shares and a maximum of 6,666,667 common shares in the capital of the company for minimum gross proceeds of $100,000.05 and maximum gross proceeds of $1,000,000.05 at $0.15 per share with a half warrant at $0.20 expiring in 24 months. For full details please review the prospectus. The offering is being made to investors resident in British Columbia, Alberta, Manitoba and Ontario. Golden Rapture’s material property is the Phillips Township Project. The Phillips Township property is located in a Tier 1 mining jurisdiction and less than 40 kms away from the New Gold Rainy River Gold Mine, NW Ontario. It is comprised of 225 contiguous claim cells totaling approximately 10,000 acres with phenomenal infrastructure including a large producing mine, a full-service Town and a drilling contractor located nearby. The property also has year-round access, the Trans Canada Highway and a major powerline crossing the entire length of the property. Exploration in the area is said to have started around 1885 where a large number of gold discoveries were made and where many properties were brought into production during what became known as the ‘LAKE OF THE WOODS GOLD RUSH’. The gold rush was short-lived when most prospectors stampeded to the Klondike in 1897. The Phillips Township gold discovery began in 1894 where a number of shafts and adits were dug. The property saw very limited exploration until three other new gold discoveries were made in 1970’s, 1980’s and in 1999. Was again revived in 2017 when a ten (10) shallow hole drill program intersected gold in every hole but the explorer ran out of funds. Never followed-up. It is comprised of eight (8) separate gold occurrences which included three small past producers. A dozen shafts, adits & trenches are present. Visible gold within the quartz veins was recorded historically & recently from four of the 8 gold occurrences. It is the first time that all these gold occurrences are part of a single property.
The Company recently completed a detailed property wide grab sampling program to test the many gold bearing quartz veins. Assay results are pending
A two-phase program is currently being planned to further explore the property. Phase 1 would include line cutting, geological mapping/sampling, a systematic soil sampling program, lithogeochemistry and remote sensing all to help determine other favourable drill targets for PHASE 2. Advancing to phase 2 is not entirely contingent on positive results of phase 1 as the company already has drill ready targets from the many exposed gold bearing quartz veins on surface and from past high- grade historical drill holes that were never followed up.
The Golden Rapture Mining management team is well tenured with experience in exploration, running public companies, equity capital markets, social media marketing, company building and a continued commitment to having Indigenous participation on our board of directors, advisory board and in our exploration activities with even our drilling contractor being 100% First Nation owned.
Cash on hand as per latest financials $1,017,020
✓ Compelling share structure with experienced management team
✓ Institutional backing – $5 million Equity Investment Facility with Crescita Capital LLC – (Future Equity Draw Downs)
✓ Historical gold results as high as 750.00 g/t Au
✓ Large 10,000 acre property with 8 gold occurrences
✓ Phenomenal infrastructure with producing mine and full-service Towns in the area
✓ Year-round access with highway and powerline crossing the property
✓ Historical and recent visible gold in quartz veins
✓ Majority of gold bearing vein systems have parallel systems
✓ Nothing drilled below 90 metres on the entire property
✓ Open pit and underground mining potential
✓ High priority drill ready targets
✓ Low-cost exploration with drilling contractor located nearby