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.

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

Artemis Gold Q3 Earnings: Growth Already In Focus

IAMGOLD Q3 Earnings: Market Responds With MASSIVE Price Lift

G Mining Q3 Earnings: Costs Down, Production Up

Recommended

Kalshi Faces Class Action Lawsuit Over Alleged Illegal Sports Betting

Silver47 Hits 606 g/t Over 9.7 Metres Silver Equivalent In Final Assays From 2025 Drill Program At Red Mountain

Related News

McLaren Resources: The McCool Transaction

On May 14, 2020, a very interesting transaction was announced in the historic, highly prolific...

Tuesday, June 16, 2020, 12:53:47 PM

GMV Minerals Mobilizes For 3,000 Metre Drill Program At Mexican Hat

GMV Minerals (TSXV: GMV) this morning issued a brief release. Within, the company indicated that...

Thursday, June 24, 2021, 09:13:31 AM

Gold Prices Rebound in 2021 as US Dollar, Real Yields Continue to Plummet

Gold prices soared to their highest levels in nearly two months today as a weakened...

Monday, January 4, 2021, 02:30:00 PM

No Mill, No Tailings, No Problem | J. Malcolm Bell – Nova Pacific

Nova Pacific Metals (TSXV: NVPC) is challenging traditional mining approaches with an innovative strategy for...

Friday, March 7, 2025, 02:20:00 PM

How To Profit From $3300 Gold? An Inside Look At A Massive 300,000 Oz Project | Martino De Ciccio

In this interview, Martino De Ciccio, CEO of Montage Gold (TSX: MAU), provides insights into...

Thursday, May 29, 2025, 01:32:00 PM