Rhyolite Resources Ltd. is a Canadian-based, opportunity focused resource company. Utilizing its technical strength and entrepreneurial drive, Rhyolite's corporate strategy is to enhance shareholder value through the acquisition of discovery to production staged projects.  Rhyolite's core asset is the 100% owned Paxson gold project located in eastern Alaska. Paxson covers an area within the 1,200 km long Tintina Gold Belt, a metallogenic province stretching from Northern British Columbia to SW Alaska. The province is host to world class gold deposits such as Pogo (5 Moz), Fort Knox (7 Moz), and Livengood (16.5 Moz) and remains a prime area for gold exploration. In 2011, Rhyolite successfully executed a 2,247 meter drill program on the Paxson property and drilled 3 separate gold targets within a 4km-by-3km area.