16:51:19 EDT Fri 04 Oct 2024
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Rockland Resources Ltd
Symbol RKL
Shares Issued 73,897,787
Close 2024-04-17 C$ 0.035
Market Cap C$ 2,586,423
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Rockland Resources applies for drill permits

2024-04-18 13:32 ET - News Release

Mr. Michael England reports

ROCKLAND RESOURCES APPLYING FOR DRILL PERMITS AND ARRANGING BOOTS ON THE GROUND AT THE COLE GOLD MINES PROPERTY, RED LAKE

In anticipation of an upcoming diamond drill program this season, Rockland Resources Ltd.'s permitting process is now under way. Work is also continuing to prepare for a busy 2024 field season at the 100-per-cent-owned Cole Gold Mines property, located adjacent to West Red Lake Gold Mines Ltd. (WRLG) Rowan property in the western portion of the prolific Red Lake gold district of Northwestern Ontario.

As soon as conditions permit, field crews will be prospecting the property to follow up historical results, mapping and collar locations of old diamond drill holes (refer to RKL PR, March 27, 2024). Rockland is encouraged by the historical data and looking forward to confirming this in the field.

Rockland is also looking to secure a contractor to conduct a drone survey that would include both lidar (light detection and ranging) and high-resolution magnetic data. Lidar data has never been collected on this property and could aid in identifying structural features and provide a very accurate digital terrain model.

"This is an exciting time for shareholders as gold continues to set new record highs and we continue to find historical data on the Cole Gold Mines project indicating gold occurrences in numerous locations for us to now follow up on using modern mineral exploration technology," stated Mike England, chief executive officer of Rockland Resources.

About Rockland Resources Ltd.

Rockland Resources is engaged in the business of mineral exploration and the acquisition of mineral property assets for the benefit of its shareholders. The company also now owns 100 per cent of the Cole Gold Mines property, located in Ball township, Red Lake mining division, Ontario. The Cole property hosts high-grade gold mineralization in a classic Red Lake-type structurally controlled gold deposit environment.

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