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Rockridge Resources Announces Commencement of Summer Exploration Program at its Knife Lake Project
VANCOUVER, British Columbia, Aug. 27, 2019 (GLOBE NEWSWIRE) -- Rockridge Resources Ltd. (TSX-V: ROCK) (OTCQB: RRRLF) (Frankfurt: RR0) (“Rockridge” or the “Compa
About this update from Trident Resources Corp.
[{"type":"text","content":" VANCOUVER, British Columbia, Aug. 27, 2019 (GLOBE NEWSWIRE) -- Rockridge Resources Ltd. (TSX-V: ROCK) (OTCQB: RRRLF) (Frankfurt: RR0) (“Rockridge” or the “Company”) is pleased to announce it has commenced a summer exploration program at its flagship Knife Lake Project located in Saskatchewan, Canada (the “Knife Lake Project” or “Property”). Rockridge entered into an Option Agreement with Eagle Plains Resources Ltd. to acquire a 100% interest in the Property that covers the majority of the Knife Lake Cu-Zn-Ag-Co VMS deposit. The contiguous claims total 85,196 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, greatly enhancing the project’s infrastructure. Knife Lake VMS Project Map: Click Here 2019 Regional Exploration Program: Research and the compilation of historic data has identified 11 highly prospective targets within the large landholding, and numerous second priority targets. The summer field exploration program has now commenced and will focus on a first pass evaluation of three priority targets: Gilbert Lake, Scimitar Lake and Machete. All of these targets are in the immediate vicinity of the Knife Lake deposit. Gilbert Lake is a large priority target area 7 km west of the Knife Lake deposit. The target includes over 14 km of highly prospective VMS stratigraphy, contains a number of shallow EM conductors, and historic exploration has encountered highly favorable alteration and mineralization. Scimitar Lake is a large target area centered 7 km east of the Knife Lake deposit and contains over 3.5 km of prospective VMS stratigraphy. Only three drill holes have been drilled historically on EM conductors identified with ground geophysics and two of the three holes contained shallow intercepts of copper mineralization including chalcopyrite and native copper. However, no assays were cited in the historical reports. The majority of known conductors remain untested both along strike and at depth. The Machete target is located 8 km NNW of the Knife Lake deposit and contains 3.5 km of prospective VMS stratigraphy. This target hosts an airborne EM anomaly that has seen no documented exploration. The coincidence of the EM anomaly with the prospective Knife Lake VMS horizon have made it a priority target for f...