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Rockridge Resources Completes Drilling at High-Grade Raney Gold Project in Timmins, Ontario with Assays Pending
Vancouver, BC, Sept. 11, 2023 (GLOBE NEWSWIRE) -- Rockridge Resources Ltd. (TSX-V: ROCK) (OTCQB: RRRLF) (Frankfurt: RR0) (“Rockridge”) (the “Company”) is please
About this update from Trident Resources Corp.
[{"type":"text","content":" Vancouver, BC, Sept. 11, 2023 (GLOBE NEWSWIRE) -- Rockridge Resources Ltd. (TSX-V: ROCK) (OTCQB: RRRLF) (Frankfurt: RR0) (“Rockridge”) (the “Company”) is pleased to announce that it has completed eight diamond drill holes in a 2,000-metre diamond drilling program at its Raney Gold Project located southwest of Timmins, Ontario, Canada (the “Raney Gold Project” or “Property”). Samples have been sent to the laboratory for assaying and the Company expects to receive the results in the near future. Raney Gold Project Location Map: Highlights: The recently completed drill program was designed to evaluate the strike, depth and expansion potential of the high-grade zones of gold mineralization discovered from previous drilling The drilling program entailed 2,000 metres in eight diamond drill holes; logging and sampling of the core is being completed, and assay results are expected soon Numerous drill holes contained visual indications of mineralization in the drill core The Company successfully tested the eastward and westward continuity of the Main Raney Gold Zone Property has excellent access and infrastructure; accessible by paved and forestry roads Rockridge’s CEO Jon Wiesblatt commented: “The most recent exploration program at Raney was completed on time and on budget. The accessibility of the Project, availability of services and excellent infrastructure in the area made for a very smooth operation over the summer. All of the drill core has been collected and sent to the assay lab. We are excited to have intersected mineralization in several holes and remain confident about continuing to test the potential extension of the main trend to the east and west.” The Raney Gold Project is strategically located within the highly prospective west extension of the Abitibi Greenstone belt, proximal to several regional deposits. Newmont’s operating Borden Gold Mine (reserves of 4.17 MT @ 6.38 g/t Au for ~860k oz. Au reported in 2015) is located 35 km west of Raney. IAMGOLD and JV partner Sumitomo Metals Mining recently decided to proceed with construction of their Cote gold project located 75 km southeast of Raney. The Cote project, estimated to contain gold reserves of ~7 million ounces (~236MT @ 0.96 g/t Au), is noted as a “world-class” deposit by IAMGOLD. Drill Program Summary: The 2023 drill program continued to expand the central Raney ...