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Newly Listed Golden Rapture Mining Raises Mine Shaft Count to 18 and Provides Updates



Golden Rapture Mining
 

Edmonton, Alberta – TheNewswire - March 18, 2024 — Golden Rapture Mining Corporation (CSE:GLDR) ("Golden Rapture" or the "Company"), is pleased to announce the expansion of its 100% owned Phillips Township Property in Rainy River District, Nestor Falls, NW Ontario. The Company reports that it has now acquired by staking an additional 11 claims therefore bringing the total land package to 236 claim cells spanning over 10,000 acres of highly prospective past-producing gold systems.

Golden Rapture Mining is a new issuer that began trading on the CSE on March 12, 2024, under the symbol "GLDR."

These neighboring claims became open and were immediately staked by our team on the merits of having another mine shaft and additional gold occurrences on them. Our Phillips Township Gold Property is turning out to be a real treasure chest of forgotten golden opportunities by now having an impressive eighteen (18) historical mine shafts and an adit. For example one of these mine shafts had an historical production grade of 24.75 oz/t/gold.


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Included is a picture of a wide gold-bearing flat-lying quartz vein that is up to 14 meters thick and has 762 meters of strike length.

Quick History of the Property

Exploration in the area is said to have started around 1885 when a large number of high-grade 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 property has seen very limited modern exploration until other new gold discoveries were made in the 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 and

abandoned the property so never followed-up.


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Mr. Rick Rivet, CEO of Golden Rapture, commented:

"Our team continues to execute our goal of bringing world-class high-grade gold occurrences from the iconic 'Lake of the Woods Gold Rush' under one umbrella for the first time in history. We see this high-grade 10,000-acre Phillips Township property as a real treasure chest of forgotten golden opportunities as it hosts an impressive eighteen (18) historical mine shafts and 1 adit with visible gold having been recorded historically & recently. Also of great importance is the fact that the majority of the gold-bearing systems also have parallel systems.  We now have the opportunity of having all of these underexplored high-grade gold systems within one single property to utilize modern technologies to find what the old timers could never see before. It's an incredibly exciting time for our company and its investors."

Upcoming Assay Results

A detailed property-wide surface sampling program of the many random quartz veins was conducted, with gold results to be announced shortly. There are many types of quartz veins including white, rusty, grey, and blue in color, ranging from coarse quartz or sugary textured.

Stay tuned for more information as Golden Rapture continues to expand and unravel the golden mysteries that lie within its flagship Phillips Township Gold Property.

Golden Rapture Mining Engages Multiple Organizations To Enhance Investor Outreach

Golden Rapture Mining is pleased to announce a strategic communications initiative designed to foster continuous investor communications and outreach to new and existing investors. In a concerted effort to enhance transparency and engagement, the Company has entered into partnerships with two arm's length and one non-arm's length organization. The organizations have specialized expertise in financial media, IR, public relations, and social media engagement. All contract amounts are denoted in Canadian dollars with no shares or options being given.

Departures Capital Inc: Engaged for a three-month campaign, committed to a total of $16,173.42 in aggregate engagement for social media services including Youtube and TikTok videos, interviews, articles, etc. Arm's length agreement.

Departures Capital is an investor-focused marketing company dedicated to creating value for shareholders and public companies through targeted and informative multi-level marketing.

Contact Departures Capital Inc.
6383 Mckay Ave
Burnaby, British Columbia, Canada, V5H0H8
https://departurescapital.com/
Email: contact@departurescapital.com

Guerilla Capital: Engaged for a term of three months, at a compensation of $10,000 per month for the duration of the term. Non-arm's length agreement as Guerilla Capital is owned by Ryan Yanch a Director of Golden Rapture Mining Corporation.

Guerilla Capital utilizes dynamic, high-impact, and high-volume messaging across over 50+ investing groups and social media domains to target active investors daily. The group facilitates content creation, employing innovative marketing strategies and newsletter services to maximize brand visibility and engagement.

Contact Guerilla Capital
84 Watson Lane
Dundas, Ontario L9H 1T3
https://guerillacapital.io/
Email: ryan@guerillacapital.io

Marketsmart Communications Inc.: Engaged for a term of 3 months, at a compensation of $7500 per month for the term. Arm's length contract.

MarketSmart is a Vancouver-based corporate communications service provider, built over the last two decades, who benefits from a deep industry knowledge in venture capital and small-cap investing. MarketSmart brings a variety of small to mid-cap opportunities for investing pioneers who are continually seeking new endeavors in venture capital investing. MarketSmart was established in 2002 and has worked with many Canadian Securities Exchange ("CSE") listed companies in assisting them in developing their corporate profile within the investment community. MarketSmart is committed to providing value and outstanding service.

Contact Marketsmart Communications:
614 - 409 Granville Street Vancouver
British Columbia, V6C 1T2, Canada
Email:
info@marketsmart.ca
https://www.marketsmart.ca/

Qualified Person

The technical disclosure in this news release has been reviewed and approved by John Archibald, P.Geo., Qualified Person as defined by National Instrument 43-101 of the Canadian Securities Administrators.

About Golden Rapture Mining Corporation

Golden Rapture Mining is a well-funded exploration company engaged in the acquisition, exploration, and development of high-potential assets located in favorable, established Tier 1 mining jurisdictions being the Rainy River and Geraldton areas of NW Ontario, Canada.

Our second property includes the past-producing Hutchison/Maylac Gold Mine located in the Geraldton Gold Camp, NW Ontario. It was one of the richest mines in the area and was mined underground on and off from 1937 to 1947. The highest historical drill intersection included results as high as 24.16 oz/t/gold. The property has only seen shallow drilling and was only mined to a depth of around 400ft.

On behalf of the Board
Richard Rivet, Chief Executive Officer
Email: goldenrapture@outlook.com
Phone: 780-885-9385

For more info please look at our website at https://goldenrapturemining.com/  

Forward-Looking Statements: This news release includes certain forward-looking statements and forward-looking information (collectively, "forward-looking statements") within the meaning of applicable Canadian securities legislation. All statements, other than statements of historical fact, included herein including, without limitation, statements regarding future capital expenditures, anticipated content, commencement, and cost of exploration programs in respect of the Corporation's projects and mineral properties, anticipated exploration program results from exploration activities, resources and/or reserves on the Corporation's projects and mineral properties, and the anticipated business plans and timing of future activities of the Corporation, are forward-looking statements. Although the Corporation believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct. Often, but not always, forward-looking information can be identified by words such as "pro forma", "plans", "expects", "will", "may", "should", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", "believes", "potential" or variations of such words including negative variations thereof, and phrases that refer to certain actions, events or results that may, could, would, might or will occur or be taken or achieved. Forward-looking statements involve known and unknown risks, uncertainties, and other factors that may cause the actual results, performance or achievements of the Corporation to differ materially from any future results, performance or achievements expressed or implied by the forward-looking statements. Such risks and other factors include, among others, statements as to the anticipated business plans and timing of future activities of the Corporation, including the Corporation's proposed expenditures for exploration work on its properties, the ability of the Corporation to obtain sufficient financing to fund its business activities and plans, delays in obtaining governmental and regulatory approvals (including of the Canadian Securities Exchange), permits or financing, changes in laws, regulations, and policies affecting mining operations, the Corporation's limited operating history, currency fluctuations, title disputes or claims, environmental issues and liabilities, as well as those factors discussed under the heading "Risk Factors" in the Corporation's prospectus dated December 14, 2024 and other filings of the Corporation with the Canadian Securities Authorities, copies of which can be found under the Corporation's profile on the SEDAR website at www.sedar.com.  

Readers are cautioned not to place undue reliance on forward-looking statements. The Corporation undertakes no obligation to update any of the forward-looking statements in this presentation or incorporated by reference herein, except as otherwise required by law