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Technical Study

Tiernan and Railtown Announce Filing of Technical Report for the Volcan Project

By The Northwire Desk — AI Analysis Oct 21, 2025 · 00:26 RLT · 0.45 ROYAL LASER TECH CORP
RLT · Price

Executive Summary

  • Railtown Capital Corp. filed a NI 43‑101 Technical Report and Preliminary Economic Assessment for Tiernan Gold Corp.’s Volcan gold project in Chile.
  • The report, prepared by Ausenco Chile Limitada, is dated August 29 2025 with an effective date of July 15 2025 and is available on SEDAR+.
  • Trading of Railtown’s common shares remains halted pending completion of the proposed transaction with Tiernan.

Key Details

  • Technical Report: “NI 43‑101 Technical Report and Preliminary Economic Assessment – Tierra Amarilla, Atacama Region, Chile.”
  • Prepared By: Ausenco Chile Limitada.
  • Report Dates: Dated August 29 2025; effective July 15 2025.
  • Access: Available on Railtown’s issuer profile at www.sedarplus.ca (SEDAR+).
  • Project Description: Large‑scale open‑pit heap leach Volcan gold project located in the Maricunga Region of Chile, part of the Atacama gold belt.
  • Previous Release Reference: This filing follows a joint news release dated September 3 2025.
  • Corporate Signatories: Greg McCunn – CEO & Director, Tiernan Gold Corp.; Chris Taylor – CEO & Director, Railtown Capital Corp.
  • Trading Status: Railtown’s common shares are halted and will remain so until the proposed transaction with Tiernan is completed; no intention to seek TSXV reinstatement at this time.

Notable Quotes

  • “On behalf of Tiernan Gold Corp., Greg McCunn, CEO and Director.”
  • “On behalf of Railtown Capital Corp., Chris Taylor, CEO and Director.”
Read the original news release →

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