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Last updated on April 23, 2014 at 16:13 EDT

Latest Goldrich Mining Company Stories

2013-05-09 08:32:48

SPOKANE, Wash., May 9, 2013 /PRNewswire/ -- Goldrich Mining Company (OTCBB: GRMC) ("Goldrich") is pleased to report Goldrich NyacAU Placer, LLC ("GNP"), has successfully completed mobilizing equipment and supplies needed for its placer drill program and placer mining operation this summer at Chandalar, Alaska. GNP is a 50/50 joint-venture company formed by Goldrich and NyacAU, LLC. ("NyacAU") and managed by NyacAU to mine Goldrich's various placer properties at Chandalar. Equipment and...

2013-04-16 12:21:37

SPOKANE, Wash., April 16, 2013 /PRNewswire/ -- Goldrich Mining Company (OTCBB - GRMC) ("Goldrich") is pleased to announce the Board of Directors has elected Michael G. Rasmussen as Director. Dr. Rasmussen will replace Richard Walters, who retired from the Board. Dr. Rasmussen has more than 25 years of experience in mining and exploration in the United States, Canada, Mexico and Peru. Dr. Rasmussen is the Vice President, Exploration for Mines Management, Inc. and held senior roles at...

2013-04-03 12:21:57

SPOKANE, Wash., April 3, 2013 /PRNewswire/ -- Goldrich Mining Company (OTCBB - GRMC) ("Goldrich") announces it has completed forward gold sales of approximately $600,000 at a 25% discount to market price as calculated on the date of sale. A total of approximately 500 ounces of gold was sold for delivery in November 2014. The forward gold sales contract contains standard terms regarding delivery and receipt of gold and payment of delivery costs. A finder's fee of 7% of the proceeds is...

2012-12-19 12:21:37

SPOKANE, Wash., Dec. 19, 2012 /PRNewswire/ -- Goldrich Mining Company (OTCBB - GRMC) ("Goldrich") is pleased to announce it has successfully completed the sale of on-site equipment at its Chandalar gold property ("Chandalar") in Alaska for $900,000 to an affiliate of NyacAU, LLC. ("NyacAU"). The equipment will remain at the mine site and will be leased by Goldrich NyacAU Placer, LLC ("GNP"), a company owned 50/50 by Goldrich and NyacAU, LLC, for the production of gold at Chandalar. The sale...

2012-11-05 08:35:19

SPOKANE, Wash., Nov. 5, 2012 /PRNewswire/ -- Goldrich Mining Company (OTCBB - GRMC) ("Goldrich") is pleased to report Goldrich NyacAU Placer, LLC ("GNP"), a 50/50 joint-venture company owned by Goldrich and NyacAU, LLC. ("NyacAU") and operated by NyacAU, has successfully completed the work necessary to begin production at Goldrich's Alaskan Chandalar Property at the start of the 2013 field season. The production goal for 2013 is 8,500 ounces of fine gold and approximately 10,000 ounces per...

2012-10-02 02:31:48

SPOKANE, Wash., Oct. 2, 2012 /PRNewswire/ -- Goldrich Mining Company (OTCBB: GRMC) ("Goldrich") is pleased to report the Alaska Supreme Court, in a unanimous decision, has ruled in favor of Goldrich in its court case against Gold Dust, Inc. and Delmer and Gail Ackels. The Alaska Supreme Court ruling upheld all major issues in a previous ruling by the Superior Court of the State of Alaska that, amongst other things, awarded 20 mining claims to Goldrich that had been staked by Gold Dust and...

2012-08-13 06:21:56

SPOKANE, Wash., Aug. 13, 2012 /PRNewswire/ -- Goldrich Mining Company (OTCBB - GRMC) ("Goldrich") is pleased to report Goldrich NyacAU Placer, LLC ("GNP"), a 50/50 joint-venture company formed by Goldrich and NyacAU, LLC. ("NyacAU") has purchased a 2% royalty interest payable on all production from certain Goldrich mining claims at the Chandalar, Alaska property for $250,000 from Jumbo Basin Corporation. Bill Schara, CEO of the Company said, "We are very glad to see the project progress to...

2012-07-09 06:22:36

SPOKANE, Wash., July 9, 2012 /PRNewswire/ -- Goldrich Mining Company (OTCBB - GRMC) ("Goldrich") is pleased to report Goldrich NyacAU Placer, LLC ("GNP"), a 50/50 joint-venture company formed by Goldrich and NyacAU, LLC. ("NyacAU") has received a general mining permit for placer mining operations at Chandalar, Alaska. This permit will enable mining operations to proceed at the Chandalar property. GNP has begun earth moving at Chandalar and anticipates the recovery plant to extract gold...

2012-05-07 06:22:44

SPOKANE, Wash., May 7, 2012 /PRNewswire/ -- Goldrich Mining Company (OTCBB - GRMC) ("Goldrich") is pleased to report Goldrich NyacAU Placer, LLC ("GNP") has successfully completed mobilizing the mining equipment needed to begin mining operations this summer at Chandalar, Alaska. GNP is a 50/50 joint-venture company formed by Goldrich and NyacAU, LLC ("NyacAU") and managed by NyacAU to mine Goldrich's various placer properties at Chandalar (see Goldrich press release on April 4, 2012). The...

2008-08-25 15:00:46

Goldrich Mining Company (OTCBB: GRMC) ($0.23) ("Goldrich" or "the Company") reports drill results completed at the La Jarra zone of the Marisol bulk-tonnage gold prospect in northern Sonora, Mexico. The diamond-core drill holes are the last two drill holes of a ten-hole program evaluating the grade and continuity of mineralization at the property. The La Jarra zone is within the concessions controlled by Goldrich, through its Mexico subsidiary Minera LSG, S.A. de C.V. The area is located...