Florida Canyon Mine
It was on February, 8th, 2017, when Rye Patch Gold Corp had announce that it has delivered 3,409 ounces of gold into its hedged position at an average price of $1,275.13. It was also stated that the company had sold a total of 4,804 ounces of silver at $17.51 US for a gross value of $4,431,662. Much of this material was also stated to have been produced from existing leach pads that came from the Standard and Florida Canyon Mines. Mining operations and production is being done by Rye Patch's Subsidiary company known as the Florida Canyon Mining Company. Its main idea is to produce, and sell gold from existing leach pads from the Standard. and Florida Canyon Mines. All of the gold sale, along with the NSR royalty are also being contributed to Florida Canyon Restart Costs. As of now all mining operations, crushing, and ore replacements are being continued at the New South Heap Leach facility. With this taking place the company had succeeded in ramping up a production rate to 600,000 tonnes of ore per a month but is still waiting on the approval of gold production from the Nevada Regulatory Agency.