Tuesday, October 21, 2025

Rockland Resources Reports Prospective Target Trend At Cole Gold Mines Property

Rockland Resources Ltd. (CSE:RKL) today announced the results of aeromagnetic data analysis at its flagship property in the Red Lake Region of Ontario. The company has identified over 1 kilometer of linear magnetic low trend situated to the west of the historically defined Cole Gold Deposit.

Based on a heli-magnetic survey conducted, the Cole Gold shaft is situated on a prominent east-west striking feature that’s been defined by a broad magnetic low on the total magnetic intensity map and a more narrow, discrete, magnetic low feature on the tilt derivative map. In addition to the primary east west trend, an added magnetic low feature is prevalent in the south-west part of the Cole Gold Deposit. The survey was conducted based on 50 metre line spacing.

Following the discovery, the target is set to be tested as part of the company’s 2,500 metre drill program that is scheduled to start by the end of June. The drill program will sample gold mineralization that was defined by underground development work and historic Kerr Addison diamond drilling that took place in 1973.

“We are very pleased to have results of this geophysical analysis that has identified a highly prospective trend that extends for over 1 km west of the Cole shaft. The Cole Property, located in the prolific Red Lake greenstone belt, has had no exploration for nearly 50 years. To our knowledge, our upcoming drill program will be the first time this trend has been drill tested west of the shaft.”

Mike England, CEO

The Rockland drill campaign will also examine surface results that reflected recent grab sample values up to 14.8 g/t gold.

Rockland Resources Ltd. last traded on the CSE at $0.24.


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

When 4% of Global Copper Disappears Overnight | David Gower – Emerita Resources

Mining M&A: Gold X2 Acquires Kesselrun Resources

They Said Oil Was Dead. They Were Wrong. | Michael Judson – Record Resources

Recommended

Military Seizes Power in Madagascar After President Flees

Altamira Gold Hits 395.5 Metres Of 0.4 g/t Gold At Maria Bonita

Related News

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

Japan Gold Looks To Raise $15.0 Million In Private Placement

Japan Gold (TSXV: JG) this morning announced that it will be conducting a private placement....

Friday, June 25, 2021, 08:02:54 AM

Is Gold About To Get Volatile? – The Daily Dive

Starting off the week for the Daily Dive today is that of David Erfle of...

Monday, March 14, 2022, 01:39:28 PM

Independence Gold Drills 4.48 G/T Gold, 61.64 G/T Silver Over 36.15 Metres At 3Ts Project

Independence Gold Corp. (TSXV: IGO) announced today the drilling results from three drills of the...

Tuesday, June 29, 2021, 10:23:00 AM

AUX Resources Reports Several High Grade Sample Assays At Independence, Silver Crown Properties

AUX Resources (TSXV: AUX) this morning released further results from the exploration programs conducted in...

Monday, March 8, 2021, 08:15:44 AM