Mr. Michael England reports
ROCKLAND RESOURCES REGAINS WAPISTAN PROJECT, JAMES BAY, QUEBEC
The Wapistan project in the James Bay region of Quebec optioned to Recharge Metals Ltd. based in Perth, Australia (see press release dated June 14, 2023) for lithium potential has been returned to Rockland Resources Ltd. Recharge cited a weak lithium market as the principal reason for not fulfilling the option on the Wapistan property. Recharge's exploration activities on the Wapitsan project were principally focused on lithium targets, but the previous owner, Northern Superior Resources Ltd., in a press released dated April 5, 2022, stated:
"The Wapistan property has the potential to host one or more of the following Archean mineralization styles:
orogenic gold mineralization (gold/silver plus or minus copper);
ortho-magmatic base metal mineralization (nickel/copper/cobalt/PGE (platinum group elements));
iron-oxide copper/gold (IOCG) mineralization (iron/copper plus or minus uranium);
copper porphyry mineralization (gold/silver/copper/zinc);
banded iron formations."
The Wapistan project is a large land package comprising 219 claims (10,722 hectares) over two claim blocks (Wapistan East and Wapistan West). The property is accessed by all-season roads and hydro and has two nearby communities offering exploration and mining services.
The Wapistan East property is underlain by approximately 20 kilometres of a major structure developed in an Archean-aged volcanic-sedimentary package (the Yasinski Group greenstone belt), whereas the Wapistan West property is underlain by approximately 11 kilometres of the Yasinski Group rocks. Northern Superior's press release dated May 16, 2017, indicated,
"These volcanic-sedimentary rocks within the Wapistan property host multiple gold and other precious metal occurrences (see attached table) in rocks similar to those associated with the Roberto deposit (now the Eleonore mine (owned by Newmont Corp.) and the Eau Claire gold deposit (Fury Gold Mines), also located within this emerging mineral exploration and mining region."
Qualified person
The technical information contained in this news release has been prepared and reviewed by Francois Gagnon, PGeo, principal geologist of Dahrouge Geological Consulting Ltd., who is a registered PGeo in Quebec, Canada.
The analytical results discussed in this document are historical. A qualified person has not performed sufficient work or data verification to validate these results in accordance with National Instrument 43-101. Although the historical results may not be reliable, Rockland Resources nevertheless believes that they provide an indication of the property's potential and are relevant for any future exploration program.
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.
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