Rockland Resources Begins Drill Program At Flagship Property

Rockland Resources (CSE: RKL) has begun drilling. The firm this morning announced the commencement of its maiden drill program at its Cole Gold Mines property, located in the Red Lake region of Ontario.

The initial drill program, pegged at 2,400 metres in aggregate, is focused on testing gold mineralization previously defined on the property via underground development work. Drilling is to consist of an initial 12 holes, focused to the east of the existing mine shaft on the property. The drill program is the first to be conducted on the property in nearly five decades, which is slated to target a historic high grade resource.

Also announced this morning is that the firm will be conducting overburden stripping and channel sampling under the current exploration program, following the delivery of an excavator to site. For this portion of the program, the firm is focused on surface showings where mineralized quart veins are exposed. Grab samples containing 14.8 g/t gold have previously been assayed at these locations.

“We are delighted to have started our drill program on the Cole Gold Mines Property located at the west end of the prolific Red Lake Greenstone belt. It is particularly exciting that this is the first drilling program in almost 50 years that will target the historic high-grade gold resource that was developed in the 1930s.”

Mike England, CEO of Rockland Resources

Rockland Resources last traded at $0.235 on the CSE.


FULL DISCLOSURE: Rockland Resources is a client of Canacom Group, the parent company of The Deep Dive. The author has been compensated to cover Rockland Resources on The Deep Dive, with The Deep Dive having full editorial control. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security.

Video Articles

Gold Is Screaming Higher While Currencies Burn | Simon Ridgway – Rackla Metals

We Have the Highest-Grade Antimony Deposit in North America!? | Jim Atkinson -Antimony Resources

New Found Gold: The Strategic Maritime Resources Purchase

Recommended

Canadian Copper Secures $8 Million Lead Order From Ocean Partners As Part Of Larger Funding Round

Northern Superior Expands Philibert With 350 Metre Step Out Testing 1.10 g/t Gold Over 25.5 Metres

Related News

Premier Gold Offers to Purchase Centerra’s 50% Stake in Greenstone Gold Mines Partnership

Premier Gold Mines Ltd (TSX: PG), through its assignee, has offered to purchase Centerra Gold...

Monday, March 30, 2020, 08:23:26 PM

Great Panther Reduces Production Guidance At Tucano Following Excess Rainfall

Great Panther Mining Limited (TSX:GPR) this morning reduced guidance for its open pit operation in...

Tuesday, May 25, 2021, 08:26:33 AM

Trump Exempts From Tariffs: Gold, Uranium, Tungsten, Graphite

The Trump administration exempted graphite, tungsten, uranium, and gold bullion from US country-based reciprocal tariffs,...

Monday, September 8, 2025, 12:12:00 PM

Caldas Gold To Be Renamed, New High Profile Management & Board Appointed

Caldas Gold Corp (TSXV: CGC) is getting a new facelift. The company this morning announced...

Monday, November 23, 2020, 08:40:49 AM

New Found Gold Files To List On The NYSE

In a world filled with no-commission brokerage firms such as Robinhood, it appears everyone wants...

Monday, February 1, 2021, 08:25:05 AM