Rathdowney Resources Ltd. has closed the first tranche of a private placement, raising CAD $1,206,224. The proceeds are earmarked for permitting and engineering activities at the Olza zinc-lead-silver project in Poland.
Rathdowney Resources Ltd. announced that its CEO, Dick Whittington, is stepping down as the company shifts its 2020 focus exclusively toward securing a mining license for Project Olza in Poland. The company highlighted its 24.4 Mt inferred zinc-lead-silver resource and a 2015 PEA, while emphasizing the need to complete environmental and community engagement work.
Rathdowney Resources provided an update on Project Olza in Poland, highlighting progress in the mining license application process and the successful completion of geological documentation. The company reported an inferred resource of 24 Mt at 7.02% Zn-Pb and outlined a significant exploration target range of up to 92 Mt.
Rathdowney Resources announced its AGM results and a new two-year strategic plan focused on securing a mining license for the Olza project in Poland. The company reiterated its current inferred resource of 24 Mt at 7.02% Zn-Pb and highlighted a new Exploration Target Range of up to 92 Mt.
