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Rich Ore Mining (ROM) Seeks Joint Venture Partners





To Develop +800 Million Ton Black Mountain Aggregate Deposit in Yavapai County Arizona

Rich-Ore-Mining-Logo

Twain Harte,California (PR MediaRelease) February 6, 2017

Intends to Issue a Request for Proposals for the Joint Venture

Development of the RICH ORE Mining Inc. (ROM)

+800 Million Ton Arizona State Land Department Permit portion of the

 +1.6 Billion ton Black Mountain Aggregate,

  VMS Cu, Pb, Zn, Au?, Ag, Ga?, In?

Deposit in Yavapai County, Arizona

RFP Available on or about February 15, 2017

 

Rich Ore Mining, Inc. (ROM), an Arizona Corporation working with OXFORD Instruments, Inc. (OXFORD) and OLYMPUS USA (OLYMPUS) has confirmed the existence of a potentially economically viable VMS system within its two, 320 acre Arizona State Land Department (ASLD) Exploration Permits (See Figure 1).

Recent analyses of the cuttings from 37 of the +96 RDH drill holes drilled in the 1990’s has confirmed the viability of mining and production of + 800 million tons high grade Aggregate products from the Younger Precambrian diorite units (YPCD) that form the bulk of the Black Mountain Stock and lie within ROM ASLD Permit holdings. The material within the unaltered YPCD units appears to be clear of sulphides and, as the CEMEX production of all classes of Aggregate materials has shown over the past several years, meets ALL current and future ADOT and local specifications.

In addition, ROM has long suspected the presence of Cu-Pb-Zn-Au?-Ag?-Ga?-In? Mineralization within pyrite-chalcopyrite bearing Volcanogenic Massive Sulphide (VMS) mineralization within “roof pendants” of Older Precambrian rhyolite and felsic metasedimentary flows.

ROM suspected that such a VMS system existed but was unable to sample the outcropping VMS mineralization in the adjacent Fain Land & Cattle Holdings (FAIN) that are currently leased to CEMEX Corporation, which is currently and has been producing all classes of aggregate minerals for the Prescott Region.

The Black Mountain DioriteMineral AggregateVMS Deposit was discovered and permitted in the 1980’s and 90’s by Mr. Richard Lundin and the team from Wondjina Research Institute (WRI).

The next step was analysis of cuttings from one of the +96, shallow (60’-99’) rotary drill holes that were drilled by WRI to confirm the presence of an aggregate resource in the 1990’s (See Figure 1 for the location of most of these holes).  Review of the logs of these holes indicated that several of the holes had cut sulphides or iron and copper oxides after sulphides.  It was decided to test the cuttings (+16 mesh fraction) from one of these holes, RDH-1 which was adjacent to one of the OXFORD pXRF soil anomalies, with a new OLYMPUS DELTA DP-4050 pXRF unit.  The resulting data clearly shows that this shallow hole cut through a VMS system with an intercept of 15.0 ft. (approx. 4.5 m) of near-economic copper values (average of 1636 PPM or .08 % Cu) along with anomalous iron, lead, zinc, sulfur, arsenic, zirconium, rubidium, antimony, and silver values.

With this data at hand, ROM arranged with Geo Resource Management (GRM) for the rental of an OLYMPUS DELTA-2000 pXRF unit for the analysis of the +96 holes of drill cuttings. To date, ROM has analyzed 38 of the 96 holes that it has rotary cuttings from this 1997 drilling program.  The containers which contain the cuttings were intact and legible after nearly 20 years and the analyses of the +16 mesh fraction material were easily accomplished with the following results:

RDH-1:  Average of 100’ (0’-100’) 9445 PPM Cu (.9445% Cu) with a 20’ (40’-60’) Intercept of 10073.3 PPM Cu (1.01% Cu) with an average of 340 PPM Zn for 60’ (40’-100’) with anomalous Pb, S, As. Sb and Ag values characteristic of a Cu-rich, Pb-Zn-Ag VMS system.

From the results to date with the cuttings from RDH Nos. 2-19 and RDH-23 missing, it appears that a major portion (27) of the 37 drill holes that ROM has analyzed contain anomalous metal signatures of a MAJOR Cu-Pb-Zn-Ag VMS system.

Several of the holes (RDH-1, RDH-43, RDH-34, RDH-35, RDH-36, RDH-45, RDH-46, RDH-47, and RDH-48) have strongly anomalous metal signatures and would provide drilling targets for further, confirmatory investigations (trenching and sampling of surface anomalies on RDH-45, RDH-46 & RDH-47)

ROM will be making available on or about February 15, 2017 a full Request for Proposals package containing ALL Project Data to ALL Interested, Vetted and Responsible Parties who meet the Requirements of the ROM Board of Directors (BOARD) AND, who execute an Industry Standard Confidentiality Agreement (CA) with ROM.

For further information on ROM, contact Mr. Rich Lundin, President and CEO by phone at (209) 586-5632 or by e-mail at wondjinaman@gmail.com.

Rich Ore Mining, Inc. (RICH ORE A.K.A. ROM), an Arizona Corporation with its Arizona Field Office at it’s Hillside Property, Hillside Arizona has been issued two, 320 acre Arizona State Land Department (ASLD) Exploration Permits on the Black Mountain DioriteGabbro Mineral Aggregate Deposit that was discovered and permitted in 1988 by Mr. Richard Lundin and the team from Wondjina Research Institute (WRI).

Richard J. Lundin
Rich Ore Mining Inc. (ROM)
President and CEO
(209) 586-5632
wondjinaman@gmail.com

 
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