ResourceTec Corporation Announces The Acquisition Of The Gold Coin Claims
ResourceTec Corporation Announces The Acquisition Of The Gold Coin Claims |
| [22-December-2025] |
WEST JORDAN, Utah, Dec. 22, 2025 /PRNewswire/ -- ResourceTec Corporation (OTCID: RREE), (the "Company") is pleased to announce that on November 12, 2025, the Company signed a Mining Claim Purchase & Sale Agreement ("Agreement") to acquire the mineral rights to the project generally referred to as the Gold Coin Concession ("Gold Coin"). Gold Coin is located in Esmeralda County, Nevada. Utilizing Elemental Harmonic Resonance technology (controlled by Robert Ripplinger, President of the Company) and other generally available information, the Company has identified a number of areas of interest. Under the terms of the Agreement, the Company will pay the seller $62,500. The Company has made an initial payment of $15,000, and is obligated to make three additional payments amounting to $47,500 over the next two years. In addition, the Company will pay the seller a Net Smelter Returns Production Royalty of 0.5% from any mint, smelter, refinery or other purchaser for the sale of product produced from the property or area of interest mineral interests and sold, after deducting various mutually agreed to direct costs. Further, the Agreement provides for the retention of the title by the seller until the full purchase price is received, at which time a Quitclaim Deed will be delivered and filed in the county where the property is located. In addition, the Company has been granted an exclusive exploration license, has committed to incur no less than $30,000 each year on direct exploration activities that may include work under a Bureau of Land Management (BLM) Notice of Intent Permit. Mr. Ripplinger commented, "Gold Coin presents an incredible opportunity. I am excited about the results from a recent visit to the site by the Company's geologist, Paul D. Noland, Certified Professional Geologist (CPG). Mr. Noland's findings confirm the reported historical occurrences of disseminated sediment-hosted gold along with numerous gold bearing shears and quartz veins throughout the property. None of these historical occurrences appear to have been tested at depth by drilling. Mr. Noland identified and confirmed the presence of at least two structural trends on the property which appear to control gold mineralization. It is our intent to pursue permitting with the BLM prior to commencing trenching and/or drill testing of the most prospective of the gold bearing structures. We continue to seek out and identify additional projects and look forward to sharing more about those activities in the future." About ResourceTec Corporation ResourceTec Corporation takes a portfolio approach and seeks to find & secure, prove-up, and monetizes asymmetric natural resource assets, including critical metals and minerals, and precious metals in the Americas. This will be done through acquisitions, the development and/or production of properties, joint ventures, royalty streams, and asset sales. We presently do not have the funds to achieve these goals. We plan to raise the additional funding to achieve these goals by way of a private debt or equity financing, but have not commenced any activities to raise such funds. The Company seeks to smartly apply leading edge technology to these resources to increase shareholder returns and in a manner that is environmentally beneficial. Visit www.resourceteccorp.com to learn more about ResourceTec Corporation. Cautionary Statement Regarding Forward-Looking Information
SOURCE ResourceTec Corp | ||
Company Codes: OTC:RREE,OTC-BB:RREE,OTCID:RREE,OTC-PINK:RREE |












