02:53:32 EDT Wed 16 Jul 2025
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Rockland Resources Ltd (2)
Symbol RKL
Shares Issued 14,779,557
Close 2024-12-17 C$ 0.045
Market Cap C$ 665,080
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Rockland samples up to 39.3 ppm Ga at Beryllium Butte

2024-12-17 18:44 ET - News Release

Mr. Michael England reports

ROCKLAND RESOURCES REPORTS PEAK ASSAY VALUES OF 39.3 PPM GA AND 1,420 PPM RB ON THE BERYLLIUM BUTTE PROPERTY, UTAH

Rockland Resources Ltd., with concerns on the recent ban on gallium from China, is pleased with widespread anomalous gallium (Ga) values (up to 39.3 parts per million (ppm) Ga) and rubidium (Rb) values (up to 1,420 ppm Rb) from its Beryllium Butte project, located in Juab county, Utah.

Rockland chief executive officer Mike England states: "With record gallium prices, and the discovery of highly anomalous gallium (Ga) and rubidium (Rb) values in rock sample from our Beryllium Butte property, the property's potential is further enhanced. We are continuing to go through our data from our past programs and will report on further rare earths in the near term.

"Our excellent beryllium and lithium values have been the centre of attention for us and, to that end, the property is fully permitted for a maiden drill program. We look forward to an active program in the first quarter of 2025," added Mr. England.

On Dec. 3, 2024, Reuters reported, "China on Tuesday banned exports to the United States of the critical minerals gallium, germanium and antimony that have widespread military applications, escalating trade tensions the day after Washington's latest crackdown on China's chip sector." Bloomberg reports, "... prices for both metals (gallium and germanium) have surged since the restrictions were announced last year -- gallium has risen 80 per cent, while germanium has more than doubled."

The company has reviewed 133 rock samples from the Beryllium Butte property that include analysis for gallium and rubidium, and the peak value is 39.3 ppm Ga, and 54 samples (41 per cent) had 30 ppm Ga or greater. The peak value for rubidium is 1,420 ppm Rb, the average of all 133 samples is 729 ppm Rb and 39 samples (29 per cent) are plus/plus 1,000 ppm Rb. Three areas have elevated Ga (plus/equal to 30 ppm Ga), but the greatest concentration of higher anomalous gallium values (plus/equal to 35 ppm Ga) occur on the East Pavilion target, a priority target previously identified with elevated beryllium and lithium values. Elevated rubidium values generally correlate with anomalous gallium values. Company geologists will further compile and interpret the soil and rock sample database to refine drill targets for the first quarter of 2025.

The most advanced gallium project in the Great Basin is the Cordero gallium project, located in the McDermitt mercury district in northern Humbolt county in Nevada. A 2010 report (Gold Canyon Resources Ltd., 2010) for the Cordero gallium project reports measured/indicated resources of 14.8 million tonnes at 47.7 parts per million Ga and inferred resources of 6.5 million tonnes at 43.7 ppm Ga.

A 2017 U.S. Geological Survey professional paper (N.K. Foley et al., 2017, SGS professional paper 1802-H, "Gallium Chapter H of Critical Mineral Resources of the United States-Economic and Environmental Geology and Prospects for Future Supply," pages H1 to H35) described the Cordero gallium project as reportedly North America's largest known primary gallium occurrence (Reserva International LLC, 2008). The resources for the project above a cut-off grade of 30 ppm gallium are estimated to exceed 13 million metric tonnes (Reserva International LLC, 2008).

Qualified person

Rockland's disclosure of a technical or scientific nature in this news release has been reviewed and approved by David Taff, PGeo, who serves as a qualified person under the definition of National Instrument 43-101.

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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