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Rise Gold Announces Delay in Trial Schedule
TMX Newsfile· 2026-01-09 13:00
Core Viewpoint - Rise Gold Corp. is facing a delay in the oral arguments regarding its Writ of Mandamus, which aims to compel Nevada County to recognize its vested rights to operate the Idaho-Maryland Mine, with the new hearing date set for March 6, 2026 [1][5]. Legal Proceedings - The Writ was submitted on May 13, 2024, to compel the Board of Supervisors of Nevada County to grant recognition of the vested right to operate the Idaho-Maryland Mine, which historically produced 2.4 million ounces of gold at an average mill head grade of 0.50 ounces per ton [2]. - The County rejected the vested rights petition on December 14, 2023, citing that all mining activities had ceased by 1956, despite the California Supreme Court's ruling that cessation alone does not constitute abandonment of vested rights [2]. - Rise filed its initial brief in support of the Writ on September 6, 2025, and the County responded on November 18, 2025, arguing that vested rights only protect existing lawful uses [3]. - The County filed a brief on December 17, 2025, demanding the Court ignore Rise's cited cases, claiming they were not provided to the Board [4]. - Rise clarified on December 23, 2025, that the cited cases were offered as persuasive legal authorities and not as factual evidence, arguing that the County's actions were an attempt to delay the case [5]. Company Insights - David Watkinson, CEO of Rise Gold, expressed frustration over the Court's decision to delay the resolution of the Writ, acknowledging the case's significant implications for property rights in California [6]. - Rise Gold Corp. is an exploration-stage mining company with its principal asset being the historic Idaho-Maryland Gold Mine located in Nevada County, California [6].