Golden Rapture Mining (CSE:GLDR), has brought new life to long-abandoned land in Ontario; its flagship asset is the Hutchison Mine Project, a 2,300 acre property located approximately 25 miles north of Geraldton, that will soon be recognized as much more than just a typical gold deposit.
A Forgotten Mine, A New Angle
Hutchison Mine’s gold production occurred during the 1930s and 1940s. Small groups of miners worked underground following exposed gold veins. The war ended this operation. Twenty years later, Noranda Mining returned to the Hutchison Mine property and identified extensive graphite bearing zones, ranging from 30-40% carbon content in most drill holes, however, these were never further investigated. The Hutchison Mine property was idle for decades prior to being acquired by Golden Rapture in 2025.
The Hutchison Mine property is adjacent to Equinox Gold’s Greenstone open-pit mine, one of Canada’s largest and newest gold producing mines. According to Equinox Gold’s Greenstone Mine plan, they are anticipating to produce 390,000 oz Au/yr for the initial 5 years, followed by 330,000 oz Au/yr for a 15 year mine life. Being adjacent to the Greenstone mine provides Golden Rapture with access to existing infrastructure including roadways, power and a labor force, all of which will provide significant benefits during the exploration phase.
A Multimetal Story
Hutchison is gold but also includes, under the gold, copper, zinc, graphite and silver. In doing so Hutchison will be on both the precious metal map as well as the critical minerals map. Records indicate gold values of 24.16 ounces/ton (751.46 grams/tonne) over two feet were historically reported for the property; along with many other higher grade values. The combination of Noranda’s graphite discoveries and the zinc rich horizons on Hutchison could represent significant exploration potential.
Hutchison consists of 48 claim cells which equal approximately 2,300 acres, including three historical mine shafts. Mining activity previously occurred over an approximate 400 foot strike length, leaving a substantial untested zone at depth. Drilling at modern day operations within the Geraldton Belt has reached thousands of feet below the previous mining activity. This leaves a considerable amount of Hutchison’s exploration potential untapped.
Why Hutchison Matters
More than twenty mines have operated in the Geraldton–Beardmore greenstone belt, which is among the most productive areas. In addition, Hutchison has long represented some of the best ground in Australia, with the use of modern exploration tools and a diamond drill on wheels, Golden Rapture can re-visit an area that has been waiting to be fully explored.
Hutchison has the advantage of being located in a region rich in gold and critical minerals, it is situated near active production infrastructure and it will be easy to test the geology of this area due to the fact that the workings are shallow. The story of Hutchison gold is a story of recovery gold and the potential of critical minerals.
Minerals Snapshot
As of today Gold is trading around $4289/oz. The upward trend in gold price is primarily being driven by ongoing inflation and the increasing demand for gold from central banks. Natural Flake Graphite is currently trading in a range of $8000-$11000/tonne and battery grade graphite is currently trading at $20000/tonne. The price for zinc has been trading in the vicinity of $2900/tonne over the last few months as demand for this metal remains relatively consistent in the manufacturing sector. While gold increased by an average of 26% over the last 12 months, zinc fell on average by approximately 3%. The quarterly decline in graphite was around 16% due to short term supply exceeding demand. The prices mentioned above are significant indicators of why Hutchison’s combination of precious and critical metals is so valuable; they represent a commodity that is included in the global manufacturing process, and will also be required to meet long term energy transition goals.
Corporate Snapshot
Golden Rapture has a total of 37,469,390 shares outstanding with a total of 54,809,790 fully diluted. Approximately 20 per cent is in the hands of management and insiders. By October 1, 2025, cash on hand of $350,000 had been recorded. A $600,000 financing has been arranged for 4.6 cents per share, with five cent warrants, expiring in 24 months. Proceeds will be applied to Hutchison and Bull Boy exploration, working capital and a $100,000 marketing effort.
The Bigger Picture
If this project (Hutchison) validates all historical data, then Golden Rapture can turn from being a newcomer that is taking it easy into an active competitor for exploration in its respective field. The Golden Rapture project has over 100 years of historic mining in place and, as such, will have immediate access to drill locations which also allow for the possibility of the identification of gold & graphite – two commodities currently in increasing demand.
At the very beginning stages, the type of opportunity represented by Hutchison is certainly something you should be paying attention to. Many times the best finds are made in the areas where old miners stopped many years ago.
Marc has been involved in the Stock Market Media Industry for the last +5 years. After obtaining a college degree in engineering in France, he moved to Canada, where he created Money,eh?, a personal finance website.
