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RooGold Completes Rock Chip Sampling at Arthurs Seat Silver-Antimony Project, New South Wales
VANCOUVER, BC / ACCESSWIRE / June 23, 2022 / (CSE:ROO) (OTC PINK:JNCCF) (Frankfurt:5VHA) - RooGold Inc. ("RooGold" or the "Issuer"). RooGold is pleased to repor
About this update from Metalite Resources Inc
[{"type":"text","content":" VANCOUVER, BC / ACCESSWIRE / June 23, 2022 / (CSE:ROO) (OTC PINK:JNCCF) (Frankfurt:5VHA) - RooGold Inc. (\"RooGold\" or the \"Issuer\"). RooGold is pleased to report that it has undertaken a preliminary rock chip sampling program at its 100% held Arthurs Seat Project Exploration Licence (EL) 9144 in the highly prospective New England Orogen in New South Wales, Australia. Highlights Successful landowner negotiations and access agreement established over key prospects at Arthurs Seat including McDonalds, Coxs and Murrays Mine. A total of 274 rock chip samples were collected at historical prospects and along structural and geological contacts. Significant hydrothermal alteration identified with multiple generations of mineralised quartz veins visible. Visible silver-antimony mineralisation in quartz veins observed at Murrays and Co Mine and McDonalds Prospect. Assay results received to date from 159 samples indicate widespread, low-level mineralisation along greisen altered granite - metasediment contacts and confirms the presence of a large hydrothermal mineral system. 115 assays are still pending from other key prospects. Carlos Espinosa, Chief Executive Officer and a Director of RooGold commented, \"RooGold has completed a successful, first pass rock chip sampling program at the Arthurs Seat Project, New South Wales. Preliminary assay results have been received and confirm low-level, widespread silver-antinomy geochemical anomalism within the project. Our field geologists have identified multiple sets of quartz veins at key prospects containing silver-antimony minerals and we look forward to receiving further assay results in the near term.\" Arthurs Seat Project The Arthurs Seat Project, comprised of Exploration License 9144 (\"EL 9144\"), is approximately 42 km² in area and is located in the northwestern region of the New England Orogen. The New England Orogen comprises island-arc and continental-arc gold-silver mineralized belts, which host extensive intrusion related polymetallic deposits. In the Southern New England Orogen, where Roo Golds projects are based, include the historic Conrad Silver Mine which produced approximately 3.5Moz Ag1, Webbs Silver deposit that contains JORC (2012) Mineral Resource Estimate Indicated and Inferred of 2.2Mt at 205 g/t Ag2 and the Hillgrove Au-Sb-W Mine with historic production of 720koz A...