01:00:17 EDT Sun 31 May 2026
Enter Symbol
or Name
USA
CA



Rockland Resources Ltd (2)
Symbol RKL
Shares Issued 36,286,225
Close 2025-09-11 C$ 0.075
Market Cap C$ 2,721,467
Recent Sedar+ Documents

Rockland receives exploration permit for Cole

2025-09-11 18:47 ET - News Release

Mr. Michael England reports

ROCKLAND RECEIVES EXPLORATION PERMIT FOR THE PAST PRODUCING COLE GOLD MINES PROJECT IN RED LAKE, ONTARIO

Rockland Resources Ltd. has received an exploration permit granted by the Ontario Ministry of Northern Development and Mines on its 100-per-cent-owned Cole gold mine project, enabling the company to explore the property over the next three years, in activities to include prospecting, trenching and diamond drilling.

Michael England, chief executive officer, stated: "We are very excited to have received these permits at this time with gold performing so well and the junior mining sector heating up. Our neighbour, West Red Lake Gold, continues to have great success at their Madsen mine and have just recently announced a PEA on their Rowan mine located even closer to our mutual border.

"This area is seeing renewed momentum, and we have an excellent gold project steeped in history that deserves attention now."

The Red Lake greenstone belt hosts one of the most prolific and highest-grade gold camps in Canada, with historical production of greater than 30 million ounces of gold, primarily from the Campbell-Red Lake, Cochenour-Willans and Madsen mines. Rockland's Cole gold property benefits greatly in being located close to such mines in the RLGB that provide much needed infrastructure, including processing facilities, labour and supplies.

Rockland's Cole gold mine property

The Cole gold mine property, comprising 80 mining claims (1,438 hectares), is located on Pipestone Bay within the western portion of the RLGB. It is situated within the Pipestone Bay-St. Paul Deformation zone, a D2 structure. D2 structures host the bulk of gold mineralization in the RLGB, including at the Madsen mine.

The Shaft zone worked during the 1930s, included the development of an exploration shaft to 162 metres with underground workings on three levels (2,134 metres of lateral crosscutting and drifting), evaluating parallel vein structures. Modest production of high-grade gold was produced to the 162-metre depth of the workings, with the precise historical production figures not known.

Kerr Addison Mines completed 19 shallow holes comprising 2,108 metres of drilling to test gold-bearing structures in the Shaft locale -- one of the drill holes yielded 68.8 grams per tonne gold over 0.46 metre. Based on its drilling, Kerr Addison calculated a non-National Instrument 43-101-compliant historical resource for the Shaft zone of 108,663 tonnes at a grade of 12.8 g/t Au (1). Notably, mineralization at the Shaft zone remains open at depth, as well as along strike to the west.

Elsewhere on the property, recent work completed by Rockland located two new surface showings, yielding assays of 57.7 grams per tonne and 16.7 g/t gold, as well as 14.8 g/t Au and 7.21 g/t Au, respectively. Additionally, a historic drill hole (hole 12) evaluating a parallel structure, yielded a 3.7-metre intercept containing visible gold in quartz-carbonate veining. Diamond drilling is warranted on all of the above mentioned zones.

(1) The resource numbers referred to for the Shaft zone are to be considered as historic resources, not compliant under NI 43-101 guidelines, and therefore should not be relied upon.

Qualified person

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

About Rockland Resources Ltd.

Rockland is advancing critical mineral exploration and is specializing in beryllium on its portfolio of projects in the Spor Mountain region of Utah, United States. Spor Mountain is home to Materion's Spor Mountain mine, the largest beryllium producer in the world and continuously mined since 1969. The company also has the 100-per-cent-owned Cole gold mine project, located in the western portion of the prolific Red Lake gold district of Ontario.

We seek Safe Harbor.

© 2026 Canjex Publishing Ltd. All rights reserved.