Wednesday, October 15, 2025

Latest

RooGold Completes Early Stage Field Work At Three Concessions In Australia

Exploration of its projects has reportedly begun for the new junior gold firm known as RooGold (CSE: ROO). The company this morning indicated that it has completed an early stage reconnaissance field trip of three of its currently owned concessions within the Peel-Manning Suture Zone, which is found in New South Wales, Australia.

The field trip was conducted at the firms Gold Belty, Lorne, and Trilby concessions along this zone. Land access agreements have begun to be put into place for the concessions, with a hard copy landowner agreement entered into a Trilby South, while positive meetings related to Trilby and the Gold Belt concessions were also held.

Following the positive developments, the firm managed to collect a total of 47 rock chip samples, most of which came from the Trilby South region, where the firm identified quartz veining and gossanous outcrop. Fieldwork at the Lorne concession meanwhile was focused along a river, where the firm encountered numerous prospectors panning for gold – indicating mineralization is present.

A more extensive field mapping program is now said to be in the planning stages, following the positive reception of landowners in the region. Furthermore, the company has also applied for the Peel South Concession, as part of its intent on consolidating its holdings in the region. That concession covers a total of 231 square kilometres along the same zone.

“Commencement of field work marks a very important milestone for the Company. The three concessions are priority targets located along the Peel-Manning Fault Zone, a crustal suture zone that has shed very significant gold alluvials along its length,” commented Carlos Espinosa, the CEO of the company.

RooGold last traded at $0.185 on the CSE.


FULL DISCLOSURE: Canacom Group, the parent company of The Deep Dive has been compensated to provide coverage on this company. The company has been compensated to cover this story on The Deep Dive, with The Deep Dive having full editorial control. Not a recommendation to buy or sell. We may buy or sell securities in the company at any time. 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

RooGold Closes Out $3.2 Million Financing

RooGold Inc (CSE: ROO) this morning announced the closing of a second tranche of its...

Thursday, January 20, 2022, 09:56:00 AM

RooGold Enters Land Access Agreements At Top Two Ranked Concessions

RooGold Inc (CSE: ROO) continues to make steady progress as it relates to gaining access...

Tuesday, March 29, 2022, 10:36:00 AM

RooGold Closes Out Sampling Program At Arthurs Seat Project

RooGold (CSE: ROO) has completed a rock chip sampling program conducted at its Arthurs Seat...

Thursday, June 23, 2022, 12:28:02 PM

RooGold Appoints New Chief Executive Officer

RooGold Inc (CSE: ROO) is getting its management team in place. The firm this morning...

Wednesday, February 9, 2022, 09:26:00 AM

RooGold Adds Property In Peel-Manning Zone To Portfolio

RooGold Inc (CSE: ROO) is expanding its land holdings in New South Wales, Australia. The...

Wednesday, May 4, 2022, 08:43:30 AM