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RooGold: High Grade Rock Chip Assays Returned From Arthurs Seat Gold-Silver Project, New South Wales

TORONTO, ON / ACCESSWIRE / August 10, 2022 / (CSE:ROO) (OTC PINK:JNCCF) (Frankfurt:5VHA) RooGold Inc. ("RooGold" or the "Issuer") is pleased to report that high

articleMetalite Resources IncAugust 10, 20225/company/metalite-resources-inc-formerly-was-rooroogold-inc-until-2023-03-24/news/roogold-high-grade-rock-chip-assays-returned-from-arthurs-seat-gold-silver-project-new-south-wales
RooGold: High Grade Rock Chip Assays Returned From Arthurs Seat Gold-Silver Project, New South Wales

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[{"type":"text","content":" TORONTO, ON / ACCESSWIRE / August 10, 2022 / (CSE:ROO) (OTC PINK:JNCCF) (Frankfurt:5VHA) RooGold Inc. (\"RooGold\" or the \"Issuer\") is pleased to report that high-grade gold and silver assays have been returned from its preliminary rock chip sampling program at its 100% held Arthurs Seat Project (Exploration Licence 9144) in the highly prospective New England Orogen in New South Wales, Australia. Highlights 9 samples > 400 g/t Ag at mullock heaps and shafts at Murray and Co Mine, including 4 samples > 1,000 g/t Ag 5 samples > 1 g/t Au and 1 sample > 5 g/t Au 9 samples > 1,000 ppm Cu including 1 sample at 1.1% Cu Rock assays confirm historic assays at the Murray and Co Mine and McDonalds prospects Land access established at Castlerag Silver Project, EL 9141, with historic production grades of 1,200 g/t Ag & > 20% Pb. Sampling of these workings is imminent. Carlos Espinosa, Chief Executive Officer and a Director of RooGold commented, \"Our first past rock chip sampling program at Arthurs Seat has returned high-grade gold-silver assays. These results confirm the historic assays of known prospects and are highly encouraging for follow up work. Additionally, our field team has recently received access to our high-grade Castlerag, EL 9141 Silver Project and sampling will commence as soon as practicable.\" Rock Chip Sampling Program A total of 274 rock chip samples collected at the Arthurs Seat Project (EL 9144) to confirm the results of historical sampling. Field work was targeted at sampling mullock dumps and shafts at the Murray and Co mine and McDonalds Prospect, as well as sampling along the N-S fault and the greisen altered granite contact at the Arthurs Seat Prospect. Key results are described below. Murray and Co Mine Twenty seven (27) rock samples were collected from the Murray and Co Mine mullock heaps and historic shafts. Highly anomalous gold and silver assays were returned over 40 m strike length at the Murray and Co Mine, Figure 1. The Murray and Co Mine is located within a zone of quartz veined metasediment approximately 350 m in E-W strike length. The highest gold value of 6.27 g/t Au and 1,385 g/t Ag (R00249) was returned from the westerly most shaft from a brecciated and silicified metasediment containing multiple quartz veins. Table 1 shows significant assay results from the rock chip samplin...

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