Technically and Financially strong management team with a strategic vision to enhance shareholder value by identifying and acquiring undervalued assets.
Rhyolite currently owns 40% of Prosperous Gold Resources Ltd. (“Prosperous”) with the right to earn up to an 80% interest.
Rhyolite also holds a royalty of 10% of the gross revenue of any party from the use of the Muckahi Mining System up to proceeds to Rhyolite of CDN$10 million.