Rise Gold Announces Delay in Trial Schedule

Executive Summary

• The Superior Court of California for Nevada County delayed the oral arguments on Rise Gold Corp.’s Writ of Mandamus from January 9, 2026 to March 6, 2026.
• The delay concerns Rise’s effort to obtain recognition of its vested right to operate the historic Idaho‑Maryland Mine, a matter with potential statewide property‑rights implications.
• Rise Gold’s CEO expressed frustration over the postponement but noted the extensive administrative record supporting the writ.

Key Details

• Original schedule (per September 16, 2025 release) set oral arguments for January 9, 2026; Court unilaterally postponed to March 6, 2026 on January 8, 2026.
• Rise filed the writ on May 13, 2024 seeking a court order compelling Nevada County’s Board of Supervisors to recognize its vested mining right.
• The Idaho‑Maryland Mine previously produced 2.4 million ounces of gold at an average mill head grade of 0.50 oz/ton.
• Nevada County Board rejected Rise’s vested‑right petition on December 14, 2023, citing cessation of mining activity since 1956.
• Legal background: County relies on a 1996 California Supreme Court decision (Hanson Brothers) requiring “clear and convincing evidence” of intent to abandon a right; Rise argues precedent supports recognition despite historic cessation.
• Timeline of filings:
• Rise’s initial brief – September 6, 2025
• County’s opposition brief – November 18, 2025
• Rise’s reply – December 5, 2025 (citing four recent California cases)
• County’s demand for delay – December 17, 2025
• Rise’s clarification to Court – December 23, 2025
• The Court announced the postponement on the afternoon of January 8, 2026 without providing a reason.

Notable Quotes

• David Watkinson, CEO, Rise Gold Corp.: “We are frustrated that the Court chose to delay resolution of the Writ. However, we recognize that the administrative record supporting the Writ is voluminous and that this case has broad implications for property rights in the whole state of California.”