Received by email:

File: REL NR 10-21-14.pdf

 


 
                                        Roughrider Exploration Limited 
                                             Suite 580 � 625 Howe Street St  
                                       Vancouver, British Columbia, Canada V6C 2T6 
October 21, 2014 
 
TSX Venture Exchange                                                                                                  
--->     Trading Symbol: REL 
                                                                       

                Roughrider Receives Biogeochemical Results, Genesis Property 
Roughrider  Exploration  Limited  ("Roughrider")  is  pleased  to  present  the  first  set  of  results  from  the 
2014  Phase  1  field  exploration  work  completed  in  September  on  its  Genesis  Uranium  Property  in 
northeast  Saskatchewan.  Pursuant  to  an  option  agreement  between  Roughrider  and  Kivalliq  Energy 
Corporation  ("Kivalliq"),  Roughrider  may  acquire  up  to  an  85%  interest  in  the  Genesis  Project  (see 
Roughrider  news  release  dated  July  16,  2014).  Roughrider  is  currently  funding  exploration  of  the 
198,763  hectare  Genesis  Property  located  along  the  WollastonMudjatik  trend  extending  northeast 
from Saskatchewan's Athabasca Basin. 

"We  are  encouraged  by  the  preliminary  results  from  the  summer  exploration  program,"  stated  Scott 
Gibson, CEO of Roughrider.  "Our goal is to define and refine drill targets.  Athabasca basement rocks 
have  historically  provided  exceptional  targets  in  other  areas  surrounding  the  basin.  Roughrider  and 
Kivalliq  anticipate  providing  a  compilation  of  results  across  several  target  areas  in  the  coming 
weeks."  

Roughrider  and  Kivalliq  are  currently  analyzing  the  large  amount  of  data  being  received  (5,984  line 
km  airborne  geophysics,  291  lake  sediment  samples,  1,351  soil  samples  and  161  biogeochemical 
samples) with the goal of advancing a number of uranium targets for drill testing. 

Roughrider  has  received  results  from  the  preliminary  biogeochemical  sampling  (spruce  boughs)  at 
the  Sava  Lake  priority  area  combined  with  the  airborne  electromagnetic  (EM)  survey  data.   At  Sava 
Lake,  up  to  1.4  kilometres  of  a  newly  mapped  EM  conductor  has  been  highlighted  by  coincident 
biogeochemical anomalies in uranium, molybdenum, lead, antimony and rare earth elements (REE's). 
The Sava Lake area is also highlighted by anomalous regional lake sediment samples (up to 91.6 ppm 
U; GSC 064L771906). 

Biogeochemical  sampling  was  attempted  in  the  Sava  Lake  area  as  an  alternative  to  conventional  soil 
sampling  due  to  the  area  being  largely  overlain  by  boulderfilled  swampy  muskeg.  The  results  are 
considered  typical  for  biogeochemical  sampling,  with  results  ranging  between:  <1  to  8  ppb  U, 
(background  of  2  ppb  U),  8  and  948  ppb  Mo,  5  and  450  ppb  Pb,  and  1  and  66  ppb  Sb.  Expansion  of 
the  biogeochemical  sampling  grid  is  being  investigated  (currently  a  total  of  68  samples  and  3 
duplicates collected on four, 300m to 600m spaced lines;).  

                                            
  


David  Tupper,  P.Geo,  V.P.  of  Exploration  and  a  Qualified  Person  under  National  Instrument  43101 
has reviewed and approved the technical information contained in this release.  

Neither  TSX  Venture  Exchange  nor  its  Regulation  Services  Provider  (as  that  term  is  defined  in  the 
policies  of  the  TSX  Venture  Exchange)  accepts  responsibility  for  the  adequacy  or  accuracy  of  this 
release  

For Further Information, please contact:  

Scott Gibson Chief Executive Officer 604 6970028  

 

This  news  release  includes  forwardlooking  statements  that  are  subject  to  risks  and  uncertainties.  All 
statements  within,  other  than  statements  of  historical  fact,  are  to  be  considered  forward  looking. 
Although  the  Company  believes  the  expectations  expressed  in  such  forwardlooking  statements  are 
based  on  reasonable  assumptions,  such  statements  are  not  guarantees  of  future  performance  and 
actual  results  or  developments  may  differ  materially  from  those  in  forwardlooking  statements. 
Factors  that  could  cause  actual  results  to  differ  materially  from  those  in  forwardlooking  statements 
include  market  prices,  exploitation  and  exploration  successes,  continued  availability  of  capital  and 
financing, and general economic, market or business conditions. There can be no assurances that such 
statements  will  prove  accurate  and,  therefore,  readers  are  advised  to  rely  on  their  own  evaluation  of 
such  uncertainties. We  do  not  assume any  obligation  to  update any  forwardlooking  statements.  This 
news release does not constitute an offer to sell or a solicitation of an offer to sell any securities in the 
United  States.  The  securities  have  not  been  and  will  not  be  registered  under  the  United  States 
Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not 
be  offered  or  sold  within  the  United  States  or  to  U.S.  Persons  unless  registered  under  the  U.S. 
Securities Act and applicable state securities laws or an exemption from such registration is available.  

United States Advisory  

The  securities  referred  to  herein  have  not  been  and  will  not  be  registered  under  the  United  States 
Securities  Act  of  1933,  as  amended  (the  "U.S.  Securities  Act"), have  been offered and  sold  outside  the 
United States to eligible investors pursuant to Regulation S promulgated under the U.S. Securities Act, 
and may not be offered, sold, or resold in the United States or to, or for the account of or benefit of, a 
U.S.  Person  (as  such  term  is  defined  in  Regulation  S  under  the  United  States  Securities  Act)  unless  t
--->he 
securities  are  registered  under  the  U.S.  Securities  Act,  or  an  exemption  from  the  registration 
requirements of the U.S. Securities Act is available. Hedging transactions involving the securities must 
not  be  conducted  unless  in  accordance  with  the  U.S.  Securities  Act.  This  press  release  shall  not 
constitute  an  offer  to  sell  or  the  solicitation  of  an  offer  to  buy  any  securities,  nor  shall  there  b
--->e  any 
sale  of  securities  in  the  state  in  the  United  States  in  which  such  offer,  solicitation  or  sale  would 
---> be 
unlawful.