aoth-logoaoth-logoaoth-logoaoth-logo
  • Articles
    • Medical –
      • Addiction –
      • CBD –
      • Health –
      • Wellness –
    • Metals –
      • Battery Metals –
      • Critical Metals –
      • Energy Metals –
      • Industrial Metals –
      • Precious Metals –
    • Energy –
      • Nuclear –
      • Oil & Gas –
      • Renewable –
    • Environment –
      • Clean Energy –
      • Global Warming –
        • Decarbonization –
        • Electrification –
      • Pollution –
    • Markets –
      • Bitcoin –
      • Bonds –
      • Commodities –
      • cryptocurrency –
      • Currency –
      • Digital Currency –
      • Inflation –
      • Interest Rates –
    • Technology –
      • 3D Printing –
      • 5G –
      • Artificial Intelligence (AI) –
      • Blockchain –
      • Imaging –
    • Politics –
    • Education –
  • 文章
  • Company Profiles
  • News
  • Media
Home | Disclaimer | 免责声明 | Newsletter Subscribe | RSS Subscribe

ROCK ready to roll in Saskatchewan

  • Home
  • Articles
  • Uncategorized
  • ROCK ready to roll in Saskatchewan
March 21, 2019

2019.03.21

Drills are turning at the Knife Lake Project in Saskatchewan, where Rockridge Resources (TSX-V:ROCK) hopes to meld a resource estimate onto the advanced exploration project rich in volcanogenic massive sulfides (VMS).

Knife Lake is currently owned by Eagle Plains Resources (TSX-V:EPL). Under an option agreement, Rockridge can acquire the project by incurring exploration expenditures of C$3.25 million over four years, along with issuing 5,250,000 Rockridge shares and paying $150,000 in cash.

The 85,196-hectare property is about 50 kilometers northwest of Sandy Bay, Saskatchewan and within the Flin Flon-Snow Lake mining district, a prolific greenstone belt. Since the initial discovery of mineralization in 1915, the Flin Flon camp has produced over 170 million tons of sulfide ore from 31 VMS deposits, worth over $25 billion.

Historically explored with over 400 diamond drill holes, Knife Lake is a VMS deposit with a 15m-thick mineralized zone containing copper, silver, zinc and cobalt. This spring’s drill program will be the first exploration done since 2001.

Rockridge is planning to drill 1,000 meters in eight to 10 diamond drill holes. The objectives are to confirm the tenors (the percentage of metals found in the sulfides) of mineralization reported by previous operators at Knife Lake, and to expand the known zones. The ultimate goal is to come up with an NI 43-101-compliant resource estimate.

A historical (non NI 43-101-compliant) resource estimate completed in 1998 showed 20.3 million tonnes grading 0.6% copper, 0.1 grams per tonne gold, 3.0 g/t silver, 0.06% cobalt and 0.11% zinc. This includes a higher-grade zone of 11.0 million tonnes grading 0.75% copper.

“The commencement of drilling is a significant milestone for Rockridge as we look to position the Company as a go-to copper and base metal exploration and development company in Canada,” Rockridge’s President and CEO, Jordan Trimble, said in the news release. He added:

“The historical Knife Lake Deposit returned some notable drill results and there is still robust discovery potential around it and regionally. This inaugural drill program represents the first meaningful exploration carried out on the project in over sixteen years as we execute on our strategy of going back into overlooked projects in favourable jurisdictions with modern exploration techniques and methodologies to make new discoveries.”

The first work was carried out between 1969 and 1973, including airborne geophysical surveys and soil sampling. The 1969 discovery hole returned 2.37% copper over 4.48m, including 3.5% over 2.5m. These days, anything over 1% is considered high-grade copper.

ROCK is well financed for activities this year having recently closed a $737,725.00 oversubscribed non-brokered private placement financing.

Richard (Rick) Mills

aheadoftheherd.com

Ahead of the Herd Twitter

Ahead of the Herd FaceBook

Legal Notice / Disclaimer

This document is not and should not be construed as an offer to sell or the solicitation of an offer to purchase or subscribe for any investment. Richard Mills has based this document on information obtained from sources he believes to be reliable but which has not been independently verified. Richard Mills makes no guarantee, representation or warranty and accepts no responsibility or liability as

to its accuracy or completeness. Expressions of opinion are those of Richard Mills only and are subject to change without notice. Richard Mills assumes no warranty, liability or guarantee for the current relevance, correctness or completeness of any information provided within this Report and will not be held liable for the consequence of reliance upon any opinion or statement contained herein or any omission. Furthermore, I, Richard Mills, assume no liability for any direct or indirect loss or damage or, in particular, for lost profit, which you may incur as a result of the use and existence of the information provided within this Report.

Rockridge Resources (TSX-V:ROCK), is an advertiser on Richard’s site aheadoftheherd.com. Richard owns shares of ROCK

Share

Related posts

September 20, 2023

Where are we in the debt cycle? – Richard Mills


Read more
September 15, 2023

What Electricity Sources Power the World?


Read more
September 6, 2023

Graphite’s dominance of anode market likely to continue in the mid-term – report


Read more
Why are central banks buying gold and dumping dollars?
August 26, 2023

Efforts to Protect US Intensify Amid Global Shift From Dollar


Read more
July 19, 2023

Max Resource finds opportunity in underexplored copper & gold regions of South America – Richard Mills


Read more
July 19, 2023

Max Resource 在南美洲未开发的铜金矿区发现机遇


Read more
June 16, 2023

The inevitability of rising food prices, global famine – Richard Mills


Read more
May 23, 2023

Renforth 在 Surimeau 钻探发现了岩浆矿床中常见的可见网状硫化物


Read more
May 12, 2023

Copper Road exploring two large-scale, near-surface mineralized zones in Ontario’s famed district – Richard Mills


Read more
May 11, 2023

Net Zero grid batteries alone would bankrupt America


Read more
April 29, 2023

Renforth 准备在锂行业的大重组中进行伟晶岩勘探


Read more
April 25, 2023

Chile’s lithium nationalization puts the squeeze on EV makers and shines a spotlight on North American juniors – Richard Mills


Read more
April 19, 2023

The Six Major Types of Lithium-ion Batteries: A Visual Comparison


Read more
April 15, 2023

The tug-of-war between Glencore and Teck


Read more
April 13, 2023

Fed’s “Mild Recession” Prediction Will Be As Accurate As Their “Transitory Inflation” One


Read more
April 2, 2023

Central Bank Digital Currencies: A Tyranny Worse Than Prison


Read more
March 31, 2023

CHART: Demand is soaring, but global mining is not expanding


Read more
March 24, 2023

Victory Battery 在 Smokey Lithium 开始第 2 阶段钻探,旨在扩大矿化


Read more
March 22, 2023

Mapped: U.S. Mineral Production Value by State in 2022


Read more
March 2, 2023

BHP seeks to tighten grip on South America’s copper sector


Read more
February 1, 2023

Getchell Gold Corp. Files Technical Report for the Mineral Resource Estimate at Fondaway Canyon, NV


Read more
January 19, 2023

Getchell Gold: eliminating country risk by mining in Nevada – Richard Mills


Read more
January 16, 2023

China Dominates the Rare Earth Market


Read more
January 16, 2023

Ticking Time Bomb: Rising Consumer Debt and Rising Interest Rates


Read more
January 16, 2023

Visualizing $65 Trillion in Hidden Dollar Debt


Read more
January 14, 2023

6% Rates Incoming? Gundlach Spars With Dimon 24 Hours Before Crucial CPI Print


Read more
January 14, 2023

So far so good: How Colombia’s green energy push dovetails with its mining industry


Read more
RSS Subscribe
Subscribe to our RSS feed to receive our most recent articles directly to your favourite RSS Reader application.

Article Archives

Article Categories

  • Education (154)
  • Energy (133)
    • Nuclear (23)
    • Oil & Gas (23)
    • Re-newable (50)
  • Environment (425)
    • Clean Energy (67)
    • Global Warming (277)
      • Decarbonization (65)
      • Electrification (173)
    • Pollution (72)
  • Markets (369)
    • Bitcoin (2)
    • Bonds (18)
    • Commodities (136)
    • cryptocurrency (8)
    • Currency (95)
    • Digital Currency (5)
    • Inflation (79)
    • Interest Rates (55)
  • Medical (120)
    • Addiction (8)
    • CBD (4)
    • Health (119)
    • Wellness (56)
  • Metals (963)
    • Battery Metals (270)
    • Critical Metals (131)
    • Energy Metals (48)
    • Industrial Metals (220)
    • Precious Metals (511)
  • Politics (257)
  • Technology (53)
    • 3D Printing (3)
    • 5G (26)
    • Artificial Intelligence (AI) (15)
    • Blockchain (6)
    • Imaging (3)
  • Uncategorized (376)

AOTH Portfolio

  • Articles
  • 文章
  • Company Profiles
  • Company News Releases
  • Media
  • AOTHs-six-for-22
  • Disclaimer

Recent Articles

  • AOTH Copper Road Resources overview with CEO John Timmons – Richard Mills October 4, 2023
  • Dolly Varden is Still Silver October 4, 2023
  • From Lead to Copper: Replacing America’s Aging Water Infrastructure October 4, 2023
  • Why I’m Paying Urgent Attention To Gold Miner Stocks October 3, 2023
  • Governments across the world are discovering “homeland economics” October 3, 2023
  • 137 Trillion Reasons To Own Gold October 2, 2023
  • American Tactics vs. Chinese Strategy October 2, 2023
  • The Timeline of U.S. Government Shutdowns October 1, 2023

Ahead of the Herd

Enjoy hundreds of top-notch, thoroughly-researched articles on commodities and the junior resource companies that search for deposits of them.

Newsletter Subscribe

Subscribe to our free newsletter so we can start telling you things everyone else doesn't already know!

Recent Articles

  • AOTH Copper Road Resources overview with CEO John Timmons – Richard Mills
  • Dolly Varden is Still Silver
  • From Lead to Copper: Replacing America’s Aging Water Infrastructure

Explore

  • Articles
  • 文章
  • Company Profiles
  • Company News Releases
  • Media
  • AOTHs-six-for-22
  • Disclaimer
© 2020 Ahead of the Herd. All Rights Reserved