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Targeting High-Grade Gold in
Western AustraliaRipasso Precious Metals Corp.Contact us
Ripasso Precious Metals Corp.
Ripasso Precious Metals Corp. (”Ripasso”) is a gold exploration company focused on orogenic and greenstone belts in top-rated mining jurisdictions globally.
The company has the right to 100% interest in three land packages comprising the 1,456-hectare NewFind Gold Project, located in the Leonora-Wiluna gold belt of Western Australia, north of the >10 Moz Gwalia gold mine, and between two of Australia’s top 20 gold deposits, with historical workings showing high-grade mineralization.
Scientific Excellence • Sustainability • Leadership • IntegrityExperienced Leadership Team
Founded and led by a team of expert geologists with a track record of exploration success across many jurisdictions including Western Australia and commodities including gold.
Safe and Mining-Friendly Jurisdiction
Located in a world-class, gold-producing district with resources >25 Moz at camp, within the Leonora Gold belt, north of the >10 Moz Gwalia gold mine.
Outstanding Asset with Multiple Exploration Targets
Targets beneath a past-producing, near-surface, high-grade mine (the Mt Clifford shear zone). Additional permitted high potential targets within a >2500 m gold-in-soil anomaly and over 17 target areas identified along the parallel and secondary structural trends, supported by completed geological, geochemical and geophysical field research.
Excellent Infrastructure
Near main state highway, supply centre within one hour's drive, natural gas pipeline and drill water access on site, within trucking distance of at least 3 processing plants including the under-capacity KOTH plant.
Ripasso Leadership Team
Darren Lindsay
Non-Executive Chairman
& Director
Darren Lindsay is a professional geologist with over 20 years of experience in gold exploration at the belt scale. Darren was part of the team that delivered value in the Hope Bay, Beardmore-Geraldton, Rankin Inlet, and High Lake Greenstone belts.
Paul Koros
CEO, President & Director
Paul Koros leads two private investment funds, one focused on junior exploration. For over 25 years, Paul has served as a business strategist, professional engineer, angel investor in the technology sector, mentor, and advisor in a BC Venture Acceleration Program.
Daniel Vega
Director
Daniel Vega is a mining engineer and entrepreneur. He is the owner and General Manager of MPM Ltda, a mining services company whose clients include BHP, CODELCO, and Antofagasta Minerals, amongst others.
Iain Brown
CFO & Director
Iain Brown has over 25 years of public markets experience as a director and officer of gold and copper exploration companies. A former broker, he has worked for renowned financial institutions such as Yorkton, BMO, and RBC.
Ross Sherlock, Ph.D.
Director
Ross Sherlock is a professional geologist with over 30 years of experience, including senior positions with Kinross Gold and Gold Fields. Professor and Chair of Exploration Targeting at Laurentian University, Ross' work focusses on greenstone belt-hosted gold and base metal deposits.
Nicole Hoeller
Director
Nicole Hoeller has over 25 years' experience in investor relations, communications, corporate financing, and M&A. Most recently she was the VP of Communications for Sabina Gold & Silver Corp., sold in Feb 2023 for $1.1 billion.
Pro Forma Capital Structure
The capital structure of the RTO creating Ripasso, as of August 1, 2024, is approximated as follows:
| Shares outstanding | 31,600,000 |
| Shares issued for RTO listing | 5,000,000 |
| Warrants (Oct 2024, proceeds $125,000) | 500,000 |
| Options outstanding prior to RTO | 0 |
| Ripasso, pre-money, fully diluted | 37,100,000 |
| Concurrent RTO financing ($0.14 / unit (share plus full 2 yr warrant at $0.20), proceeds $1.5 million) | 10,800,000 |
| Warrants from units (2 yr, $0.20, proceeds $2.16 million) | 10,800,000 |
| Total fully diluted Ripasso shares when trading resumes | 58,700,0000 |
Milestones
Over $3.9 million cash raised for confirmation drilling, RTO, and property purchases - Completed
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Confirmation of gold mineralization via diamond drill program – Completed (results released in May 2023)
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TSXV Exchange 3rd review of draft Information Circular – Completed September 2023
TSXV Exchange conditional approval of Information Circular for the RTO Transaction – 8 to 12 weeks from concurrent financing commitments
Concurrent financing for listing – In progress
Trading resumption – Dec 2024 / 1Q 2025
Marketing program launch – 4Q 2024
Financing for discovery drill program – 2Q 2025
Targeted drilling on > 2.5 km geochemical / geophysical / structural anomaly – 2Q 2025 / 3Q 2025
Expansion of land package – Opportunities continually under review