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.

Cambria Gold Mines — sponsored Sponsored · Cambria Gold 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

8 Mining Stocks Our Viewers Asked Us to Review | Sept 14th-18th

Canada Is Finally Fast-Tracking New Mines | John Passalacqua – First Phosphate

Gold & Silver Just Added $2 Billion to This Project | Aya Gold – Bourmadine PEA

Recommended

Cambria Gold Drills 166 g/t Gold and 3,383 g/t Silver Over 3.1 Metres at Premier

Selkirk Copper’s Minto PEA Outlines $494 Million After-Tax NPV and 47.8% IRR

Related News

Golden Lake Exploration To Raise $5.4 Million Following Strong Assay Results

After reporting bonanza grade intercepts at its flagship property yesterday, Golden Lake Exploration (CSE: GLM)...

Wednesday, February 24, 2021, 08:00:51 AM

Maple Gold Mines Hits 195 Metres Of 1.28 G/T Gold

Maple Gold Mines Ltd. (TSXV: MGM) today reported the results from drilling their second hole...

Wednesday, May 26, 2021, 10:03:00 AM

Trillium Gold Mines Closes $13.0 Million Financing

Trillium Gold Mines (TSXV: TGM) has closed its previously announced private placement for gross proceeds...

Monday, October 5, 2020, 08:44:31 AM

Victoria Gold Reports 55,827 Ounces Produced At Eagle Gold Mine In Q3 2021

Victoria Gold Corp. (TSX: VGCX) announced this morning its production results for Q3 2021 at...

Tuesday, October 12, 2021, 11:10:00 AM

Republican Lawmakers Move To Peg US Dollar To Gold, But Is It Worth The Weight?

In arguably one of the worst economic situations in the US amid rising interest rate...

Thursday, April 6, 2023, 02:15:00 PM