TORONTO, March 23, 2023 (GLOBE NEWSWIRE) -- Rhyolite Resources Ltd. (TSXV: RYE) (“Rhyolite” or the “Company”) has terminated its option to earn in a 70% interest in Suku Passi property and its option to earn in a 70% interest in the Bob’s Pit property, both in Suriname. Discussions with the property vendors on amending the original agreement to reflect the exploration results to date proved unsuccessful. As a result, Rhyolite has elected to terminate the property agreements and will not be makin
TORONTO, March 01, 2023 (GLOBE NEWSWIRE) -- Rhyolite Resources Ltd. (TSXV: RYE) (“Rhyolite” or the “Company”) provides the following update on its operational activities. The Company is aggressively taking action to preserve available cash and to focus on identifying new accretive options in order to serve the best interests of shareholders. The exploration data collected from the Suku Passi and Bob’s Pit Concession in Suriname are being evaluated ahead of the next option payments due on March 2