Mr. Alex Bugden reports
SORRENTO RESOURCES STAKES ADDITIONAL MINERAL CLAIMS ALONG APPLETON FAULT ZONE, RODGERS COVE GOLD PROJECT, NEWFOUNDLAND & LABRADOR
Sorrento Resources Ltd. has staked an additional mineral licence overlapping the Appleton fault, expanding the Rodgers Cove gold property, located in Newfoundland, Canada.
Alex Bugden, PGeo, chief executive officer, president and qualified person of Sorrento Resources, commented: "We are thrilled to announce that we have expanded the Rodgers Cove property immensely. To have a large land package along the prolific central Newfoundland gold belt positions Sorrento in a very desirable position. The fact we were able to stake these claims ourselves, directly over the Appleton fault, was an opportunity we were not willing to let slip by."
Highlights:
- Sizable expansion of the Rogers Cove gold project consisting of 109 claims, covering 2,725 hectares held under one mineral licence;
- Total Rodgers Cove project is now 260 claims for 6,500 hectares, representing a 72-per-cent increase in total landholdings;
- Directly overlying the Appleton fault zone (AFZ), an important structural control for the New Found Gold Corp. high-grade Keats and Iceberg gold deposits;
- Claims adjoining New Found Gold's Queensway expansion project;
- Geochemical and geophysical exploration programs continuing and set to be completed by the end of 2025;
- Fully financed diamond drilling program set to begin in early 2026;
- Highly prospective land package located in the central Newfoundland gold camp with historical high-grade gold surface samples and no advanced exploration testing.
About the Rodgers Cove project
The Roger's Cove gold project is located in the North Central Island portion of the Canadian province of Newfoundland and Labrador. The project is near the local service district of Gander Bay North and 50 kilometres north of the area's service centre town of Gander. The project is well situated with year-round road and hydro power access and is adjacent to the ocean tidewaters of Rodgers Cove/Gander Bay.
The project area has seen limited surficial historical exploration by local prospectors, Noranda exploration and others, with positive results for gold and base metals but no advanced follow-up. Most recently, the previous operator, Newfoundland Discovery Corp., completed prospecting, soil sampling and trenching in 2021 to 2022 with widespread anomalies in gold noted throughout the claimholdings. A limited trenching program yielded a channel sample returning 115.6 grams per tonne gold over one metre.
The Rogers Cove project has no modern geophysical coverage or diamond drilling completed to date.
Qualified person
Alex Bugden, PGeo, a qualified person in accordance with National Instrument 43-101, has reviewed and approved the technical information contained in this press release.
About Sorrento Resources Ltd.
Sorrento is engaged in acquisition, exploration and development of mineral property assets in Canada. Sorrento's objective is to locate and develop economic precious metal, rare earth element, gold and base metal properties of merit, including the Bottom Brook project, the Rodgers Cove gold project and the Harmsworth (volcanogenic massive sulphide) project, all located in Newfoundland.
We seek Safe Harbor.
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