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Eagle Plains' Partner Rockridge Resources Expands Drilling Program at Knife Lake Copper Project, Saskatchewan
CRANBROOK, BC / ACCESSWIRE / March 31, 2021 / Eagle Plains Resources (TSXV:EPL) has been not...
About this update from Eagle Plains Resources Ltd.
[{"type":"text","content":"Eagle Plains’ Partner Rockridge Resources Expands Drilling Program at Knife Lake Copper Project, SaskatchewanCRANBROOK, BC / ACCESSWIRE / March 31, 2021 / Eagle Plains Resources (TSXV:EPL) has been notified by option partner Rockridge Resources Ltd. (ROCK) (RRRLF) (RR0) (\"Rockridge\") that it has expanded the drill program underway at the Knife Lake Project located in Saskatchewan, Canada (the \"Knife Lake Project\" or \"Property\"). The 1,600 metre program (6 to 8 drill holes) has been expanded to 2,100 metres (10-12 drill holes) and is fully funded by Rockridge. Drilling follows an extensive airborne geophysical program completed recently by Rockridge (see news release March 11, 2021).The first eight holes of the program have been completed at the Gilbert Lake North and South target areas which are approx. 5 to 6 km to the west of the Knife Lake deposit. These targets were previously undrilled and drilling has intersected visual indications of VMS-style mineralization, including semi-massive to massive sulphides hosted in intermediate-mafic volcanic rocks and pegmatites. Early interpretations indicate it is the same stratigraphic horizon as the Knife Lake deposit. Based on encouraging observations in the initial holes, the program has been expanded and the focus of drilling will remain at Gilbert Lake with minor infill drilling planned in the immediate area of the 2019 maiden resource. Assay results for all holes are pending.Rockridge holds the exclusive option from Eagle Plains to acquire a 100% interest in the Property that covers the Knife Lake Cu-Zn-Ag-Co VMS deposit (details following). The contiguous claims total 32,663 hectares and are located approximately 50 km northwest of Sandy Bay, Saskatchewan. A 357kV powerline runs within 16 km of the Knife Lake Deposit area.Knife Lake VMS Project Location Maphttps://www.rockridgeresourcesltd.com/_resources/images/Knife-Lake-regional-overview-2021.jpgHighlights:Expanded drill program from 1600 metres (6 to 8 drill holes) to 2100 metres (10 to 12 drill holes) in this fully funded programDrilling will focus on discovering VMS style copper deposits along newly defined conductors as well as at depth, underneath the Knife Lake VMS depositGilbert Lake North and South targets, where very little historical exploration has been carried out, have begun to be tested with encouragin...