ROCKLAND RESOURCES LIMITED. (“the Company” or “Rockland”) (CSE: kick) (Otkbk: Perlf(FSE: GB2) is pleased to announce the successful completion of its expanded 5,300-metre diamond drilling program at its 100% owned Cole Gold Mines project, located in Ontario’s prolific Red Lake Mining District. The program consists of 19 holes and represents the most comprehensive modern exploration program ever undertaken at the Cole Gold Mines property.
Figure 1 – Reduced to Pole (RTP) total magnetic density, drone magnetic survey, Coal Gold Mine Property, Red Lake, Ontario. The letters AK indicate drilling rig locations.
Initially announced as a 3,000 meter campaign, the program has been expanded to 5,300 meters to test additional targets on the property and follow up on visual success in drilling one of the new target structures, the “GSL Zone.” Visible gold (“VG”) was observed in a number of the 19 completed holes. Screening results remain pending for the program and the company will report the results once they are received. Screening tests are also being completed where visible gold has been observed.
Confirmation and depth expansion of the Cole Gold mine system
Drilling at the historic Cole Gold Mine confirmed the presence of a gold-mineralized vein system at multiple depths and directions, consistent with the distinctive gold mineralization style of the Red Lake area. VG has been intersected in drill holes to test the system within and beneath the existing historic workings, confirming that mineralization continues well below previously developed levels and remains open at depth.
Gold mineralization is hosted within deformed quartz veins, veins, and stock zones intersected by broad intervals of condensed silicates within interpreted alteration envelopes that often extend over 10 m in width in selected openings. The system has now been tested at greater depths than ever before in the property’s history and remains open for further expansion.
Gold deposits in the Red Lake area – including the nearby Madsen Mine and the Red Lake Complex – are known to extend to depths of 1,200 meters and beyond. The Cole Gold Mine system has been interpreted to have similar depth potential.
Rheological contact zones and new gold-bearing vein systems
The primary goal of the expanded program was to systematically test the rheological connectivity between ultramafic and felsic rock assemblages across the property. This structural setting – the interface between rocks with contrasting mechanical properties – has been recognized as a primary gold-trapping environment in the Red Lake District, and the company’s geological modeling has identified multiple untested portions of this contact on the Cole property.
Drill holes targeting this contact have produced positive results at every location tested where the contact intersected, including a VG occurrence. New vein systems were identified during the program, many of which had not been previously documented on the property. These vein systems are linked to broader systems of change, which, at specific periods of time, appear to be of great width.
These discoveries expand the known footprint of gold mining on the Cole Property beyond the historic mine area, demonstrating that the Cole Gold Mining Project has the potential to host a larger and more complex gold system than previously recognized.
Airborne magnets mark a large, dome-shaped target
In conjunction with the drilling program, the company completed a drone magnetic survey over the Cole property and the adjacent lake area in an effort to better define geological units including the overlying lake environment (see Figure 1).
Based on the results, the company’s geologists interpreted the complex fold/fault system closest to a prominent magnetic dip that could be consistent with significant diorite intrusion. Such intrusions are interpreted as disrupting the pre-existing D2 structural framework and are considered capable of remobilizing gold from gold-bearing structures, reconcentrating it along extensional zones and fault systems associated with potentially elevated grades.
This interpretation—combining the 4.5-km-long structural corridor already proven to bear gold, newly identified alteration systems, and a magnetic dome signature—supports a model for the possibility of a large, structurally complex gold system organized around a dome-style intrusive structure. The company believes that this geological environment has great potential for gold mining and is a priority for further exploration.
Quality assurance/quality control
All drill core samples are processed under a strict QA/QC program. Standard fire screening analysis is performed at 30 g/t gold. Samples that meet criteria for further analysis – including those containing visible gold and those containing 5 g/t gold or more – are submitted for metallurgical screen analysis, 50 g/t fire screening, and four-acid summary to ensure comprehensive characterization of the gold distribution. The company will report the examination results upon receipt.
Management comment
“What this program has returned is extraordinary – not just in terms of the visible gold we observed while drilling, but in what it tells us about the size and complexity of the system at Cole. We set out to confirm the gold at the Cole Mine, test rheological connectivity, and follow up on high-quality surface samples. We accomplished all three. Most importantly, we have identified new veins, broader alteration regimes than we knew existed, and now a convincing dome-shaped target defined by airborne magnets indicating the structurally complex, potentially complex gold system is located on District level, in one of the most productive gold regions on Earth, we believe we have only scratched the surface of what this property holds, and we look forward to reporting assay results as soon as we receive them.
– Mr. Mike England, CEO, Rockland Resources Ltd.
Qualified person:
Rockland’s disclosures of a technical or scientific nature in this press release have been reviewed and approved by Donald Hoey, M.A., P.Geo., who serves as a Qualified Person under National Instrument Definition 43-101 as well as a consultant to Rockland Resources.
About Rockland Resources Limited
Rockland Resources is committed to unlocking value through focused mineral exploration and discovery. The company’s flagship project is the historic Cole Gold Mines project in Ontario’s prolific Red Lake region. By leveraging geological expertise, disciplined exploration and strategic project development, Rockland Resources aims to deliver meaningful growth and long-term value for its shareholders.
We seek safe haven.
On behalf of the Board of Directors
Michael England, CEO and Director
For more information, please contact:
Mike England
Email: (email protected)
nnoRThe Canadian Securities Exchange nor its regulation services provider accepts responsibility for the adequacy or accuracy of this release.
FForward-Looking Statements: This press release contains forward-looking statements that relate to future events or future performance and reflect management’s current expectations and assumptions. These forward-looking statements reflect management’s current beliefs and are based on assumptions made by the Company and information currently available to it. Investors are cautioned that these forward-looking statements are neither promises nor guarantees and are subject to risks and uncertainties that could cause future results to differ materially from those anticipated. These forward-looking statements are made as of the date hereof and, except as required under applicable securities legislation, the Company undertakes no obligation to update or revise them to reflect new events or circumstances. All forward-looking statements contained in this press release are qualified by these cautionary statements and those contained in our filings with SEDAR in Canada (available at WWW.SEDAR.COM).
