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Rockridge Resources Completes its VTEM Geophysical Program and Awaits Analytical Results from Field Program at the Knife Lake Copper Project
VANCOUVER, British Columbia, Dec. 09, 2021 (GLOBE NEWSWIRE) -- Rockridge Resources Ltd. (TSX-V: ROCK) (OTCQB: RRRLF) (Frankfurt: RR0) (“Rockridge” or the “Compa
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[{"type":"text","content":" VANCOUVER, British Columbia, Dec. 09, 2021 (GLOBE NEWSWIRE) -- Rockridge Resources Ltd. (TSX-V: ROCK) (OTCQB: RRRLF) (Frankfurt: RR0) (“Rockridge” or the “Company”) is pleased to announce it has completed its geophysical program at the Knife Lake Copper Project located in Saskatchewan, Canada (the “Knife Lake Project” or “Property”). The Knife Lake Project, consisting of 81 claims totalling 55,471 hectares (137,069 acres), is an advanced-stage copper, silver, zinc and cobalt exploration property in Saskatchewan host to the Knife Lake Deposit. Knife Lake VMS Project Location Map: https://www.rockridgeresourcesltd.com/_resources/images/Knife-Lake-Region-20210331-003.jpg Rockridge has received the final results from the Phase 2 helicopter-borne electromagnetic (EM) and horizontal magnetic gradiometer geophysical survey. The survey, which was completed in October, utilized Geotech Ltd.’s VTEM Plus system and significantly extends VTEM coverage of regional target areas from the Phase 1 survey completed last February. Phase 2 was successful in identifying multiple conductors that warrant follow-up investigation in regional target areas with no modern geophysics and limited to no detailed geological mapping or prospecting. The conductors, which form linear features with an approximate combined strike length of 19 km, correlate with highly prospective stratigraphy that hosts the Knife Lake VMS Deposit. Following completion of the VTEM survey, a field crew was deployed to investigate significant anomalies and further define drill targets through surficial mapping and prospecting. Analytical results from the field program are still pending. Geophysical plate modelling of the newly acquired VTEM data is underway and will be used to further refine targeting for Rockridge’s future drill programs. Knife Lake VTEM Survey Coverage: https://www.rockridgeresourcesltd.com/_resources/images/KF-VTEM-Ext-20211206.pdf Rockridge’s CEO, Jonathan Wiesblatt, commented: “The initial results from this phase of geophysics are very encouraging as we have identified targets along 19 km of newly identified EM anomalies and prospective stratigraphy. Modern exploration tools such as airborne electromagnetic and horizontal geophysical surveys have been and will continue to be an important part of ROCK’s exploration strategy at Knife Lake. We await the r...