- CEO
- Richard A. Graham
- Sector
- Basic Materials
- Industry
- Gold
- Address
- 520 – 3rd Avenue SW Calgary AB Canada T2P 0R3
- IPO Date
- Nov 4, 2020
- Business
- Rhyolite Resources Ltd. is a Canada-based mineral exploration company focused on the acquisition, exploration and development of mineral properties. The company holds a 10% royalty on gross revenue from the Muckahi Mining System up to proceeds of CDN$10 million; it previously pursued gold and other mineral assets including the Paxson Gold project in Alaska, the Brothers property in Suriname, Suku Passi and Bob’s Pit properties. Rhyolite Resources operates primarily in Canada, Suriname and the United States, targeting undervalued mineral assets to enhance shareholder value. Founded in 2006, the company is headquartered at 595 Burrard Street, Suite 1703, Three Bentall Centre, Vancouver, British Columbia, Canada, and trades on the TSX Venture Exchange under the symbol RYE.V and OTC under RHRYF. Recent developments include the termination of the Brothers property option agreement on January 3, 2025, receiving US$62,000; announcement of a private placement of up to 25 million common shares on April 25, 2025, later cancelled on May 5, 2025; termination of Suku Passi and Bob’s Pit earn-in agreements in March 2023; disposition of Muckahi Inc. in February 2023; board and management changes appointing Richard Graham as CEO in February 2023; appointment of a new CFO in April 2023; and change of auditor in July 2023.