Rockland Resources Recommences Maiden Drill Program On Cole Gold Mine Property

Drilling has resumed at Rockland Resources’ (CSE: RKL) flagship gold property in the Red Lake region of Ontario. Drilling was temporarily halted earlier this year, just days after commencement, as a result of a flare up in forest fire activity in the region.

Drilling on the property, which previously commenced in July, only became possible at the end of August as a result of an emergency order being lifted in the area.

The company currently intends to conduct a total of 2,500 metres in aggregate of drilling at its Cole Gold Mines property, where it is focused on testing the historical gold resource on the property along with the potential extensions, west of the current underground workings.

Selkirk Copper Mines — sponsored Sponsored · Selkirk Copper Mines

A total of twelve drill holes are planned for the 2021 drill season under the initial program, with the program testing mineralization that was developed by miners in the 1930’s, as well as magnetic lows on the property that trend east-west. The program marks the first on the property since 1972, with the property only recently becoming available for exploration after the expiry of certain patents.

“It is great to have the drill turning again on our highly anticipated diamond drilling program at the Cole Gold Mines Property. This Property, located at the west end of the prolific Red Lake Greenstone belt, has only recently become accessible for exploration after the expiry of the Cole patents.”

Mike England, CEO

Rockland Resources last traded at $0.165 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

The Gold & Copper Stocks Everyone Keeps Asking About | Oct. 12-16 – Weekly Mining Mailbag

Similar Gold Mines Are Valued 10X Higher. Why Not This One? | JW Dumont – Granada Gold Mine

The US Interest Bill Gold Can’t Ignore | Peter Grandich

Recommended

First Majestic Produces 3.4 Million Ounces of Silver in Q3 2026, Jerritt Canyon Restart Remains on Track

Altamira Gold Drills 134 Metres of 0.5 g/t Gold at Maria Bonita, Hole Ends in Mineralization

Related News

Lincoln Gold Announces $750,000 Financing

Lincoln Gold Mining Inc. (TSXV: LMG) today announced a non-brokered private placement offering of up...

Wednesday, June 16, 2021, 09:52:00 AM

Victoria Gold Announces Share Buy-Back Program

Victoria Gold Corp. (TSX: VGCX) this morning announced its plans to start a normal course...

Thursday, May 27, 2021, 09:44:00 AM

Echelon Initiates Coverage On Freeman Gold With $1.10 Price Target

Yesterday, Echelon Partners initiated coverage on Freeman Gold Corp (CSE: FMAN) with a C$1.10 12-month...

Wednesday, December 2, 2020, 03:31:00 PM

Freeman Gold Corp Looking For A Winner In Idaho

Lodge Resources (CSE: LDG) recently changed its name to Freeman Gold Corp (CSE: FMAN) on...

Sunday, May 24, 2020, 11:33:23 AM

Gold Crosses $2,000 An Ounce Amid Market Fears

Gold this morning hit a new 52-week high before giving back some of its gains....

Monday, March 20, 2023, 08:34:07 AM