Aankondiging • May 16
Stockworks Gold Inc. announced that it expects to receive CAD 0.8 million in funding Stockworks Gold Inc. announced a anon-brokered private placement financing of up to 8,000,000 units at an issue price of CAD 0.10 for the proceeds of CAD 800,000 on May 15, 2026. Each unit will consist of one common share in the capital of the company and one-half common share purchase warrant. Each whole warrant will entitle the holder to acquire one additional common share of the company at an exercise price of CAD 0.15 per share for the first year from the date of issuance and CAD 0.20 per share for the second year from the date of issuance. All securities issued pursuant to the private placement will be subject to a statutory hold period of four months and one day from the date of issuance in accordance with applicable securities laws and exchange policies. Aankondiging • Oct 17
Stockworks Gold Inc., Annual General Meeting, Dec 11, 2025 Stockworks Gold Inc., Annual General Meeting, Dec 11, 2025. Location: british columbia, vancouver Canada Aankondiging • Sep 09
Stockworks Gold Inc. Appoints Mr. David Kelsch, P.Geo, as President, Chief Operating Officer and Director Stockworks Gold Inc. announced the appointment of Mr. David Kelsch, P.Geo, as President, Chief Operating Officer (COO), and Director. Mr. Judson Culter has resigned as President and will continue to serve as a Director and advisor to the Company. Mr. Gary MacDonald has also resigned as Director. Mr. Kelsch is a registered professional geologist and Qualified Person under NI-43-101 regulations with over 30 years experience in the mineral exploration industry. David joined Rio Tinto in the early 1990s managing Rio's multi-million-dollar exploration efforts at Lac de Gras, Northwest Territories, from initiation through to advanced discovery on the world class Diavik Diamond Mine. Since leaving his tenure at Rio Tinto in the late 90s, he has held senior management, directorships, officer and advisory positions with a number of publicly listed companies exploring for precious, base, industrial and critical metals and gemstones on five continents. In the 2000's David cofounded Bluestone Resources Inc., as a member of the Discovery Group of Companies. He has been fortunate to have had exploration experience ranging from concept and initial discoveries through to resource delineation. David is currently an Officer and Director of GGL Resources Corp., a Nevada focused gold explorer. Aankondiging • Jul 20
Rover Critical Minerals Corp. announced that it has received CAD 0.387548 million in funding On July 18, 2025, Rover Critical Minerals Corp. closed the transaction. The company issued 1,162,654 units at a price of CAD 0.15 per unit for gross proceeds of CAD 174,398.05 in its second and final tranche. The tranche included participation from 2 insiders for CAD 190,398.15. The company has paid finder’s fees of CAD 420.00 and has issued 2,800 non-transferable broker warrants in connection with the financing. The broker warrants have an exercise price of CAD 0.20 and a life of two years. Aankondiging • Jun 19
Rover Critical Minerals Corp. announced that it expects to receive CAD 0.5 million in funding Rover Critical Minerals Corp announced a private placement to issue 3,333,333 units at CAD 0.15 for aggregate gross proceeds of CAD 499,999.95 on June 18, 2025. Each unit consists of one common share of the company and one-half of a common share purchase warrant, with each full warrant being exercisable at CAD 0.2 for two years. The company seeks conditional approval from the TSX Venture Exchange. Finders fees in cash and non-transferable broker warrants may be paid in relation to the financing.. Aankondiging • Jul 30
Rover Critical Minerals Corp. announced that it expects to receive CAD 0.5 million in funding Rover Critical Minerals Corp. announced a non-brokered private placement for a minimum of 5,833,333 units and a maximum of 16,666,667 units at a price of CAD 0.03 per unit for minimum gross proceeds of CAD 174,999.99 and maximum gross proceeds of CAD 500,000.01 on July 29, 2024. Each unit comprises one common share and one common share purchase warrant. The warrants on the units have an exercise price of CAD 0.05 per warrant share, with a life of two years. The company anticipates multiple closings of the unit financing. Aankondiging • Jun 06
Rover Critical Minerals Corp. Announces Intent to Pursue Strategic Alternatives for Its Cabin Gold Project Rover Critical Minerals Corp. announce the completion of a NI 43-101 Technical Report for its 100% owned Cabin Gold project, NT, Canada. The Company is also pleased to announce that it is considering strategic alternatives for its Cabin Gold project. In particular, the board of directors are considering a potential transaction pursuant to which the Company could potentially divest itself of the Cabin Gold project, either by way of a spin-out transaction, or by transacting with a Capital Pool Company, or a similar reverse take-over transaction. The Company has not yet identified a CPC, or other potential counterparties, or entered into any agreements in that regard. The Company anticipates disseminating a subsequent news release if and when a potential transaction is identified. Any transaction proposed to be undertaken by the Company will be subject to all requisite approvals, including the approval of the TSX Venture Exchange and, potentially, the Company's shareholders. Rover owns a 100% interest in the Cabin Gold project, which is located 110 km northwest of the city of Yellowknife, NT, and is winter road accessible off of Highway NT3, and located at the north end of Russell Lake. The Cabin Gold project is 40km southeast of Fortune Minerals' NICO mine and the project is available for access off of the new Tlicho All-Season Road ("TASR"). The Cabin Gold project is considered to be a high-grade gold exploration project with gold hosted in iron-formation, near to surface. Exploration at Cabin dates back to the 1940's and the project has been owned and operated by legendary mining companies such as Echo Bay Mines and Aber Resources. The project has a historic resource estimate, and the Company, with diamond drilling, has both confirmed the grades of the historic drillholes, as well as, expanded the historic gold mineralized zones. Historical interest in the project has been the potential for a Lupin gold mine type of discovery. Rover is still working to establish the connectivity of the proven gold zones at Cabin, and has invested over CAD4,000,000 into exploration at the project over four years. The exploration work includes extensive ground and airborne magnetics, ground IP surveys, LiDAR mapping, and three diamond drilling campaigns. The Company has prepared an NI 43-101 Technical Report to showcase its work on the project, as well as to provide the recommended next steps for exploration. Aankondiging • May 23
Rover Critical Minerals Corp. announced that it has received CAD 0.627344 million in funding On May 21, 2024, Rover Critical Minerals Corp. closed the transaction. The company announced that it has issued 10,000,000 Units at an issue price of CAD 0.03 per unit for the gross proceeds of CAD 300,000 in second and final tranche. Prior to the closing of the Private Placement, Gunnar Pedersen, the beneficiary of the Acquiror beneficially owned, or had control and direction over, 3,750,000 Common Shares, 3,750,000 Warrants and 500,000 stock options. Subsequent to the First Closing of the Private Placement, Gunnar Pedersen beneficially owns or controls, directly or indirectly, an aggregate of 13,750,000 Common Shares, and 13,750,000 Warrants and 500,000 options. If Gunnar Pedersen were to exercise all of the Warrants and Options controlled by him, he would obtain ownership and control over a total of 28,000,000 Common Shares of the issued and outstanding Common Shares on a partially diluted basis (i.e., assuming the exercise of only Gunnar Pedersen’s convertible securities). However, Gunnar Pedersen’s warrant certificates do have legends such that he undertakes not to become a control person by way of the exercise of his warrants. Aankondiging • May 16
Rover Critical Minerals Corp. announced that it expects to receive CAD 0.8 million in funding Rover Critical Minerals Corp announced a private placement for a minimum of 13,333,333 unit and maximum of 26,666,667 units at a price CAD 0.03 per unit for gross proceeds CAD 399,999.99 and CAD 800,000.01 on May 15, 2024. The transaction included participation from led by a lithium investment portfolio managed by Gunnar Pedersen's family office. Pedersen is a Director of the Company. Each unit is priced at CAD 0.03 and is comprised of one common share and one common share purchase warrant. The warrants on the Units have an exercise price of CAD 0.05 per warrant share, with a life of three years.
On same date, the company raised CAD 327,344.01 with issuance of 10,911,467 units at price CAD 0.03 per unit, in its first tranche. The company has also received approval from the TSX Venture Exchange. No finders' commissions will be paid connection with the First Closing. The shares and warrants issued under the First Closing
will bear the minimum four-month regulatory hold period from the date of issuance Aankondiging • May 03
Rover Critical Minerals Corp., Annual General Meeting, Jun 10, 2024 Rover Critical Minerals Corp., Annual General Meeting, Jun 10, 2024. Aankondiging • Mar 12
Rover Critical Minerals Corp. Announces Changes to its Board Rover Critical Minerals Corp. announced the appointment of Gunnar Pedersen to the Company's Board of Directors. Salim Tharani has tendered his resignation as Director to accommodate the appointment of Mr. Pedersen. Mr. Pedersen holds a Graduate degree in Financial Economics from the Norwegian School of Economics and is a CFA charter holder. He has absolute return investing and portfolio management experience since 1996, specializing in thematic global macro investing, fixed income and FX. His more recent research interests include socially responsible investments, the battery materials value chain, and renewable /traditional energy. During his career, Mr. Pedersen has co-founded and founded two absolute return focused investment funds. Currently he is self employed at his firm Asymmetric Asset Management, where he focuses on portfolio management and thematic investing, consultancy engagements and directorships. Aankondiging • Mar 09
Rover Critical Minerals Corp. Announces Approval of Executive Changes Rover Critical Minerals Corp. announced that further to its release of February 5, 2024, the Toronto Venture Exchange (the TSXV) has approved the appointment of Mr. Paddy J. Moylan as both Director and President of the Company. Pursuant to the approval of Moylan as President, Mr. Keith C. Minty has resigned the President role. Mr. Minty will continue to serve as a Director on the company's Board. Aankondiging • Feb 05
Rover Critical Minerals Corp. Promotes Paddy J. Moylan to Director and President Rover Critical Minerals Corp. announced the appointment of a new President and Director to the company. Further to its release of July 10, 2023, Mr. Paddy J. Moylan has been promoted from Business Development Advisor, to both Director and President of the Company. Paddy Moylan holds combined Bachelor of Commerce and Law degrees and a graduate diploma in legal practice. He has been a lawyer for over 20 years. He is a significant investor in battery metals in Australia and internationally. Mr. Moylan has developed a large network in the battery metals space as an early investor in lithium. He has successfully advised companies on project acquisition, development, divestment and corporate advisory. The appointment of Mr. Moylan as President and Director of the Company is subject to final approval by the Toronto Venture Exchange. An updating release will be provided once the TSXV provides their acceptance. Aankondiging • Sep 06
Rover Metals Corp. announced that it has received CAD 0.797 million in funding On September 5, 2023, Rover Metals Corp. closed the transaction. The company amended the terms of the transaction and issued 1,500,000 common shares and 1,500,000 warrants at an issue price of CAD 0.08 per share for the gross proceeds of CAD 120,000 in its final tranche. The company issued 9,962,500 common shares and 9,962,500 common share purchase warrants for the total gross proceeds of CAD 797,000 under all closings of this financing. The shares and warrants issued under the third closing will bear the minimum four-month regulatory hold period from the date of issuance. The warrants have a useful life of 30 months and an exercise price of CAD 0.12. Finder’s fees in the amount of CAD 36,200 and 452,500 finder’s warrants were paid in connection with this financing. The finder’s warrants bear the same terms as the unit warrants. The financing was led by experienced lithium investors from Europe and Australia. Aankondiging • Jul 25
Rover Metals Corp. to Pursue Plan of Operations At Its Let’s Go Lithium Project, NV, USA Rover Metals Corp. notified by the U.S. Bureau of Land Management that it must complete a plan of operations prior to commencing any exploration drilling at its Let’s Go Lithium (LGL) project in rural Nevada. Starting this week, the Company will begin to interview suitable environmental consulting firms to assist the Company with its Plan of Operations For Exploration and any necessary environmental assessment under the National Environmental Policy Act. The NEPA process will include public engagement. The Company will provide an updating release once it has engaged an environmental consulting firm. The vendor of the LGL project, GenGold2, LLC, has agreed to give certain concessions with regards to the timing and the amounts of future option payments as a result of the BLM requirement. An updating news release will be provided once the company has amended its Option Agreement for the LGL project. Aankondiging • Jul 11
Rover Metals Corp. Appoints Paddy Moylan to Advisory Board Rover Metals Corp. announce the appointment of a new advisor to the Company’s advisory board. Paddy Moylan, Australia Business Development Advisor: Paddy Moylan holds combined bachelor of commerce and law degrees. He practiced law for over 20 years. Now retired from law, he is a significant and full-time investor in battery metals in Australia and internationally. Mr. Moylan has developed a large network in the battery metals space as an early investor in lithium. He has successfully advised companies on project acquisition, development and divestment. Aankondiging • Jun 24
Rover Metals Corp. announced that it expects to receive CAD 1.25 million in funding Rover Metals Corp. announced a non-brokered private placement of minimum of 3,750,000 units at an issue price of CAD 0.08 for a minimum gross proceeds of CAD 300,000 and a maximum of 15,625,000 units at a price of CAD 0.08 per unit for maximum gross proceeds of CAD 1,250,000 on June 23, 2023. Each unit is comprised of one common share and one common share purchase warrant. The warrants on the units have an exercise price of CAD 0.12 per warrant share, and a life of two and half years. If transaction is fully subscribed, there will be up to 15,625,000 common shares and 15,625,000 common share purchase warrants issued in connection with this financing, plus any finder’s commission warrants. The transaction is being led by experienced lithium investors from Europe and Australia.
On the same date, the company announced that it has received approval from the Toronto Venture Exchange to close the first tranche of the unit financing for 6,250,000 units at an issue price of CAD 0.08 for the gross proceeds of CAD 500,000 in the transaction. The company will issue of 6,250,000 common shares and 6,250,000 warrants. Finders’ commissions are being paid in connection with the first closing in the amount of cash commissions of CAD 30,000 and finders’ warrants of 375,000. The finder’s warrants will have an exercise price of CAD 0.12 and a useful life of two and half years. The shares and warrants issued under the first closing will bear the minimum four-month regulatory hold period from the date of issuance. Aankondiging • Jan 24
Rover Metals Corp. Reports Progress on its Claystone Lithium Mining in Southwest Nevada Rover Metals Corp. reported on the progress being made in claystone lithium mining in southwest Nevada. Southwest Nevada Claystone Jurisdiction: In the past six months, both Cypress Development Corp. (Sep-2022) and American Lithium Corporation (Jan-2023) have reported on the recovery of battery grade lithium carbonate from their respective claystone lithium projects in southwest Nevada. See the link to the jurisdictional map below. Cypress Development owns the Clayton Valley project, and American Lithium owns the TLC project. Rover Metals’ Let’s Go Lithium project is an early stage comparable to both the TLC project and the Clayton Valley project. The claystone at LGL is at and near surface, extending to an average depth of approximately 100 meters. The LGL project is also located close to the historic Franklin Wells hectorite mine, which has documented historic high-grade lithium production. Exploration work done at LGL to date also logs the claystone body to be well above important underground ecosystems in the area. In the second half of 2022, Rover Metalsreported on some very prospective surface grab samples from the LGL project. The Company’s next phase of exploration will be a maiden reverse circulation drill program at LGL, subject to permit approval from the Bureau of Land Management. Aankondiging • Jan 05
Rover Metals Corp. Applies for Ice Road Access to Cabin Lake Gold Property, Nt, Canada Rover Metals Corp. announced that it submitted a permit application for ice road access to its 100% owned Cabin Lake Gold Property, NT, Canada in December 2020. The proposed route for the Cabin Lake Ice Road is directly off Hwy 3 at the town of Behchoko, NT, and 40 km north-northwest across Russell Lake to the property. Ice road access to the property, if approved, will materially decrease Rover's future exploration costs, and allow for heavier lower-cost exploration equipment, such as track drills. The Cabin Lake Ice Road will also materially reduce the amount of helicopter time. Rover is also pleased to provide an update on the construction progress of the Tlicho All-Season Road Project ("TASR"), a permanent 97 km two-lane gravel highway that will provide year-round access to the Community of Whati by connecting to Hwy 3 west of Yellowknife, Northwest Territories, Canada. Construction of the TASR commenced in September 2019. The updated schedule anticipates the road to be open to the public by Fall 2021. Aankondiging • Nov 25
Rover Metals Corp. Announces Receipt of All Fire Assays from its Summer-Fall 2020 Exploration Program at Cabin Lake Rover Metals Corp. announced that all fire assays from its summer-fall 2020 exploration program at Cabin Lake have now been received. Summer-Fall 2020 Cabin Lake Exploration Program: Nine diamond drill holes were completed at the 100% owned Cabin Lake Gold Project in early October 2020. The drill program was designed to confirm and hopefully expand the historic high-grade gold intersects at the southern Bugow zone, in both a parallel direction to historic holes (twinned holes) and oblique to the historic azimuths. Oblique holes were proposed to test the possible influence of a regional deformation corridor, intersecting the Bugow Iron formation, and responsible for gold deposition, therefore providing a better understanding of the structural and mineralizing controls, and to try to reproduce these mineralized zones (shoots) in other sectors of the property where the Bugow Iron Formation is intersected and the same conditions repeat. The October 26, 2020 release discussed the results from holes CL-20-01 and CL-20-03. This release discusses (1) the drill program as a whole (all results); (2) the significance of the new, previously unreleased holes, as they relate to both the historical holes and the new intersection of hole CL-20-01 (discovery of a potential ore body); and (3) an amendment to length and average grades of previously released CL-20-03 (to slightly shorten the interval reported to adjust for economic grades). See Table 1 below for a summary of assay highlights. Drill hole CL-20-01 was drilled oblique (45 degrees to bedding) to historic drill hole 86-28 in an attempt to confirm the historic high-grade intersect (14.98 g/t Au continuous average over 12.1m) and also to test the influence of shearing affecting the Bugow Iron formation in both sulfidization and gold deposition. Hole CL-20-01 intersected the amphibolitic iron formation at a depth of 24.29m, where the upper contact appears sheared, deformed and intensely sulfidized. The iron formation is also flooded with quartz veining, likely related to a deformation/shearing event, and more than probable, related to the gold mineralization. Later narrow pegmatite bodies intrude both the host rock and the mineralized zones, thus explaining the dilutive low to nil gold values between high-grade gold intervals. The continuous long gold mineralized interval extends from 24.63m to 46.64m for a total of 22.0m averaging 7.94 gpt Au (all averages reported in this release are weighted). The 22.0 meter interval includes 2.78m averaging 18.50g/t Au. See Hole C-20-08, – Drill Plan View, below below for discussion of the intersection between holes CL20-01 and CL-20-08. Drill hole CL-20-03 was planned with the intent of validating and verifying both of the historic intersects of holes 86-10 and 86-11, as well as to intersect the historic Bugow Iron formation in between these historic holes after applying deviation corrections in the historic database. Hole CL-20-03 intersected a long interval of continuous gold mineralization from the upper sheared contact of the historic Bugow Iron formation at a depth of 41.199m to 54.84m, for a total of 13.7m averaging 6.97 g/t Au. The 13.7m intersect has a larger sub interval of continuous gold mineralization of 11.5m averaging 7.96 g/t Au. Drill hole CL-20-05 was drilled oblique (45 degrees to bedding) to historic drill hole 86-26, and at a similar orientation to new hole CL-20-01 in an attempt to confirm the historic high-grade intersect 12.54 g/t Au over 4.1m and also to test the influence of shearing affecting the Bugow iron formation in both sulfidization and gold deposition. New hole CL-20-05 intersected the sheared and sulphidized amphibolitic iron formation at a depth of 45.53m. The continuous gold mineralized interval extends from 45.53m to 55.2m for a total of 9.67m with a weighted average of 4.15 g/t Au. The 9.67m interval includes a higher-grade interval of 8.97 g/t Au over 3.11m (from 45.53m to 48.64m). Drill hole CL-20-06 was drilled along strike of CL-20-03. This hole was collared on section to intersect with historic holes 86-29 and 86-24, both of which had returned poor to nil historic gold assays. New hole CL-20-06 was a success and a new discovery. It was drilled closer to surface than the historic hole and intersected a silicified and sheared sulphidic iron formation from 13.01m to 20.5m that graded a continuous average of 7.55 g/t Au over 7.49m. The 7.49m interval included 9.98 g/t over 5.57m (13.1m to 18.6m), and 13.78 g/t over 2.82m (13.1m to 15.9m). The 7.49m intersection is significant because it shows that there are significant mineralized gold shoots that were missed during the historic drill campaigns, and it supports the new hypothesis that the high grade gold at the Bugow zone occurs closer to surface then previously interpreted. Drill hole CL-20-08suggests the potential discovery of continuous high-grade gold ore body. New hole CL-20-08 was drilled oblique to historic drill holes 86-12 (15.77 g/t over 8.02m) and targeted the shear zone intersected by new hole CL-20-01. CL-20-08 intersected gold mineralized iron formation at a depth of 18.04m. The continuous gold mineralized interval extends from 18.04m to 32m averaging 13.66 g/t Au over 31.9m. The 31.9m interval includes 29.9m of continuous 14.45 g/t gold. Hole CL-20-08supports the interpretation that gold mineralization associated with shearing in the iron formationis continuous between the section collared at CL-20-01 and CL-20-08, and boosts the overall average of continuous gold intersected by CL-20-01. Aankondiging • Oct 27
Rover Metals Corp. Releases Assays of First Drill Holes from Summer 2020 Drilling at its Cabin Lake Gold Project, NWT Canada Rover Metals Corp. released the drill assay results from its first holes at its 100% owned Cabin LakeGold Project. Nine diamond drill holes have been completed at the Cabin Lake Gold Project. The Company is reporting on the holes received from its first batch of samples. Drill hole CL-20-01 was drilled oblique (45 degrees to bedding) to historic drill hole 86-28 in an attempt to twin the historic high-grade intersect and also to test the influence of shearing affecting the Bugow Iron formation in both sulfidization and gold deposition. Hole CL-20-01 intersected the amphibolitic iron formation at a depth of 24.29m, where the upper contact appears sheared, deformed and intensely sulfidized. The iron formation is also flooded with quartz veining, likely related to a deformation/shearing event, and more than probable, related to the gold mineralization. Later narrow pegmatite bodies intrude both the host rock and the mineralized zones, thus explaining the dilutive low to nil gold values between high-grade gold intervals. The continuous long gold mineralized interval extends from 24.63m to 46.64m for a total of 22.01m averaging 7.94 gpt Au. Significant zones include 25.4m to 26.27m (0.87m averaging 13.50 gpt Au); 30.9m to 31.88m (0.98m averaging 15.52 gpt Au); 37.0m to 38.04m (1.04m averaging 13.39 gpt Au); and 41.7m to 44.48m (2.78m averaging 18.50gpt Au). Hole CL-20-03 was planned with the intent of validating and verifying both of the historic intersects of holes 86-10 and 86-11, as well as to intersect the historic Bugow Iron formation in between these historic holes after applying deviation corrections in the historic database. Hole CL-20-03 intersected a long interval of continuous gold mineralization from the upper sheared contact of the historic Bugow Iron formation at a depth of 40.09m to 54.84m, for a total of 14.75m averaging 6.45 gpt Au. Within this zone, a larger sub interval of continuous gold mineralization, from 42.06 to 53.55m (11.49m), averaging 7.96 gpt Au, including 4.51m (from 45.44 to 49.95m) averaging 13.09 gpt Au. The hole continued into non sulfidized amphibolitic iron formation for its entire remaining length with negligible gold values and lack of deformation/shearing, sulfides or quartz flooding, confirming the gold mineralization is associated with shearing/deformation and sulfidization along with quartz flooding as a result of it. Aankondiging • Oct 14
Rover Metals Corp. Concludes Its Fall Drilling Exploration Program At Its 100% Owned Cabin Lake Gold Project Rover Metals Corp. further to its releases of September 15, 2020, September 21, 2020, and October 5, 2020, the Company has now concluded its fall drilling exploration program at its 100% owned Cabin Lake gold project. Fall 2020 Cabin Lake Exploration Program: Rover Metals has now completed nine (9) diamond drill holes at the historic Cabin Lake Bugow iron formation gold zone. The Fall 2020 program achieved the Company’s goals of intersecting the sheared sulfidized upper contact of the Bugow iron formation that historically reported the high-gold values. Drilling with HQ core size was of great assistance in better identifying structures, cross-cutting relationships of different mineralizing stages, as well as alteration. The intent of this release is to discuss the logging of the last two holes of the program as well as to provide certain other updates. Hole CL-20-08 was drilled oblique to both the iron formation and the inferred shear corridor. Hole CL-20-08 had the highest level of influence, of all nine holes, from the shear zones by means of quartz flooding as parallel veinlets crosscutting bedding (sulfidized) of the Bugow iron formation. Sulfide content in hole CL-20-08 exceeds 40% in a large intersect that starts at 18.04m and ends at 46.0m. Hole CL-20-09 tested a deep zone of the Bugow iron formation outside of the historic gold zone, targeting the historic hole 90-70 where an intersect of 7.99 g/t Au over 0.5m (from 154.5 to 155m) was reported. New hole CL-20-09 was directed at a shallow angle towards the iron formation aimed to get the biggest possible section of the shear corridor before, and in the iron formation, as well as reaching the target historic zone. Hole CL-20-09 was successful in intersecting the upper contact of the Bugow iron formation at 115.95m and continuously following it to 181m, with several sulfidized zones encountered. The Company has been able to secure arrangements to receive timely assays of its samples from the nine holes drilled in the Fall 2020 Cabin Lake Exploration Program. The Company anticipates releasing the assays for its first three holes next week, and releasing the assays from the remainder of the program in early November. The Company will be discussing the preliminary results of the Fall 2020 exploration program at the upcoming New Orleans Investor Conference. Aankondiging • Oct 06
Rover Metals Corp. Updates on Exploration a High Grade Gold Cabin Lake Project Rover Metals Corp. provided an update on its drilling at its 100% owned Cabin Lake gold project. As of October 2, 2020, 550 meters of diamond core drilling has been distributed over seven holes. The seven holes are twinning the majority of the high-grade gold mineralized intercepts reported in the historic holes of the historical mineral resource estimate completed by Aber Resources Ltd. Six of the seven holes have successfully intersected the equivalent intervals of the historic gold mineralized zone at the Bugow Iron Formation location at Cabin Lake. Drilling is targeting the sheared sulfide-rich upper contact in two different orientations: one set of holes have been drilled parallel to the historic sections (twinning), and the second set of holes have drilled oblique to both (a) the iron formation and (b) to what the company has interpreted as a conceptual model of a possible deformation zone, testing its influence in the distribution and control of the sulfide enrichment and subsequent gold mineralization. Hole CL-20-04 targeted the equivalent gold mineralized interval historically reported in hole 86-13 (7.74 g/t Au over 1.52m and 6.85g/t Au over 3.04m and 15.77g/t Au over 6.09m). Hole CL-20-05 targeted the equivalent gold mineralized interval historically reported in hole 86-10 (9.53 g/t Au over 0.95m and 12.0 g/t Au over 8.84m) and 86-26 (12.54 g/t Au over 4.1m). Hole CL-20-06 targeted the equivalent to the upper sheared contact of the Bugow Iron Formation based on the projection of holes 86-24 and 86-29, with no historic mineralized intervals reported. However, new hole CL-20-06 intersected a strongly sulfidized zone in the upper contact of the iron formation at shallow depth. Strongly sulfidized (pyrite-pyrrhotite) upper contact of the Bugow amphibolitic iron formation in holeCL-20-06. Hole CL-20-07 targeted the equivalent gold mineralized interval historically reported in hole 86-23 (9.81 g/t Au over 6.15m, including 14.46g/t Au over 2.80m). The Company has now achieved its confirmation drilling goals for its Fall 2020 drill program. The remaining holes planned for this Fall 2020 drill program will step out to the north of the Cabin Lake gold zone following the sheared sulfidized upper contact of the Bugow Iron Formation in areas of sparser historical drilling testing for continuity.