Vancouver, BC – June 18th, 2021 – Rockridge Resources Ltd. (TSX-V: ROCK) (OTCQB: RRRLF) (Frankfurt: RR0) (“Rockridge” or the “Company”) is pleased to announce initial results from its recently completed diamond drilling program at its Knife Lake Copper Project located in Saskatchewan, Canada (the “Knife Lake Project” or “Property”). The Company drilled a total of 2,043 metres in twelve drill holes and has received assays and completed interpretation for the first nine holes (1740.0m). Results for the remaining three holes will be released once results have been compiled and interpretation is complete. The Knife Lake Project, consisting of 81 claims totaling 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.
The drill program at the Gilbert North and South target areas was designed to evaluate conductivity and magnetic anomalies identified during the 2021 airborne VTEM Plus survey and corresponding surficial geochemical anomalies. Previous surficial work programs have indicated that the stratigraphic position of the targeted anomalies correlates with the Knife Lake Deposit to the east. Additional drilling at the Knife Lake Deposit was designed to infill resource drilling.
Rockridge’s CEO, Jonathan Wiesblatt, commented: “Although the Knife Lake Deposit was discovered many years ago the exploration in and around the maiden resource has been negligible until just recently. The airborne VTEM Plus survey that was conducted in 2021 expanded the regional target areas beyond the Knife Lake deposit increasing the probabilities of making new and potentially meaningful discoveries. The work at Gilbert Lake has been the first drilling program beyond the Knife Lake Deposit in decades and the results thus far have been very encouraging. We believe that the discovery potential at the broader 15km Gilbert trend remains high and warrants follow up work in the near term which is currently being planned. We continue to learn more about the Knife Lake Deposit and are compelled by its high grade and near-surface composition. The progress we have made at Knife Lake is excellent and lines up with our thesis that the known deposit is a remobilized portion of a larger VMS system.”
Highlights
Additional information about Rockridge Resources and its project portfolio can be found on the Company’s website at www.rockridgeresourcesltd.com.
Rockridge Resources Ltd.Jonathan WiesblattCEO
For further information:
Jordan Trimble, Presidentor, Spencer Coulter, Corporate CommunicationsRockridge Resources Ltd. Telephone: 604-687-3376 Toll Free: 800-567-8181 Facsimile: 604-687-3119 Email: [email protected]
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Forward Looking Information
This release includes certain statements that may be deemed to be “forward-looking statements”. All statements in this release, other than statements of historical facts, that address events or developments that management of the Company expects, are forward-looking statements. Statements included in this announcement, including statements concerning our plans, intentions and expectations, which are not historical in nature are intended to be, and are hereby identified as, “forward-looking statements”. Forward-looking statements may be identified by words including “anticipates”, “believes”, “intends”, “estimates”, “expects” and similar expressions. Although management believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, and actual results or developments may differ materially from those in the forward-looking statements. The Company undertakes no obligation to update these forward-looking statements if management’s beliefs, estimates or opinions, or other factors, should change. Factors that could cause actual results to differ materially from those in forward-looking statements, include market prices, exploration and development successes, continued availability of capital and financing, and general economic, market or business conditions.
Please see the public filings of the Company at www.sedar.com for further information.
Media ContactCompany Name: Rockridge Resources Ltd.Contact Person: Jordan Trimble, President or Simon Dyakowski, Corporate DeveEmail: Send EmailPhone: 604-687-3376, Toll Free: 800-567-8181, Facsimile: 604-687-3119Country: CanadaWebsite: http://rockridgeresourcesltd.com/