Business
Rogue Timmins Update: Radio Hill Neighbour Discovers Nearby Gold, Rogue Prepares for Potential Summer Exploration
NOT FOR DISSEMINATION IN THE UNITED STATES OF AMERICA OR TO US WIRE SERVICES Radio Hill ...
About this update from Clean Energy Transition Inc.
[{"type":"text","content":"Rogue Timmins Update: Radio Hill Neighbour Discovers Nearby Gold, Rogue Prepares for Potential Summer ExplorationNOT FOR DISSEMINATION IN THE UNITED STATES OF AMERICA OR TO US WIRE SERVICESRadio Hill is an 1,800 hectare land package located along the western extension of the Destor-Porcupine FaultThe package is surrounded by the Pen Gold Project, amalgamated by GFG Resources (TSXV:GFG) in 2018Within approximately 4km of Radio Hill, GFG announced this week 71.27 Grams of Gold per Tonne Over 8.5mRogue has identified Exploration Targets and has a Permit in place to potentially drill the project this summerTORONTO, ON / ACCESSWIRE / April 8, 2020 / Rogue Resources Inc. (TSXV:RRS) (\"Rogue\" or the \"Company\") announces that based on the April 6, 2020 news of significant gold mineralization being intercepted in drill core by GFG, that the Company has an updated Radio Hill presentation, including details of a potential exploration program, available on the Company's website at www.rogueresources.ca. GFG's hit was at the Nib Prospect, approximately 4 km east of the Radio Hill Property.Rogue initially recognized the gold potential associated with the Radio Hill Property in 2017 when it applied for and was granted an exploration permit to complete diamond drilling within the property boundaries (see August 14, 2017 news release). The exploration permit is valid until November of this year. Since that time, Rogue has also consolidated 100% right, title and interest in Radio Hill (see January 16, 2020 news release).The Radio Hill Project comprises an 1,800 hectare land package located 85 km southwest of Timmins, Ontario. The project sits in the middle of the Pen Gold Project, owned by GFG Resources Inc. (TSX-V: GFG). In December 2017, GFG announced that it began consolidation of a land package encompassing the Pen Gold Project (from Rapier Gold), the West Porcupine Property (from Probe Metals) and the Swayze Project (from Osisko Mining). GFG has been exploring their 68,000 hectare project, on both sides of the centrally located Radio Hill Project, since Q1 2018.Rogue interprets that the favourable stratigraphic package hosting GFG's recently intersected gold mineralization extends west onto the Radio Hill Property based upon geophysical surveys supported by geological mapping. In addition to GFG, the area to the southwest of Timmins has b...