Mr. Alex Bugden reports
SORRENTO RESOURCES IDENTIFIES SEVERAL HIGH-GRADE SOIL GOLD ANOMALIES UP TO 525M BY 450M IN SIZE, NEWFOUNDLAND
Sorrento Resources Ltd. has provided an update on exploration activities at its Rodgers Cove gold project, located in Newfoundland and Labrador.
Highlights:
- Three high-grade soil gold anomalies identified;
- Largest anomaly measures 525 metres by 450 metres;
- Second anomaly measures 400 metres by 475 metres;
- Third anomaly measures 125 metres by 150 metres;
- Soil values up to 1.302 grams per tonne gold;
- 13 samples above 0.5 gram per tonne gold;
- 288 samples anomalous (greater than 50 parts per billion gold);
- 2,405 soil samples collected across four grids;
- Drill expected to arrive later this week to begin a minimum 1,500 metres of diamond drilling;
- Historic trench returned 115.6 grams per tonne gold over 1.0 metre, located on the edge of the 400-metre-by-475-metre anomaly.
Exploration results
The 2025 soil sampling program at the Rodgers Cove gold project consisted of 2,405 samples collected over four grids and has identified three significant and coherent gold-in-soil anomalies:
- The North Grid (NG) anomaly measures approximately 525 metres by 450 metres. This large-scale anomaly represents a compelling exploration target, particularly given the limited historical work conducted on the property.
- The South Grid 1 (SG1) anomaly measures approximately 400 metres by 475 metres and is of particular interest due to its proximity to a historic trench that returned 115.6 grams per tonne gold over one metre. This historic high-grade intercept occurs along the edge of the soil anomaly and was never followed up with drilling.
- The South Grid 2 (SG2) anomaly measures 125 metres by 150 metres and further demonstrates the gold potential across the property. In total, 13 samples returned values above 0.5 gram per tonne gold, with a peak soil value of 1.302 grams per tonne gold. Additionally, 288 samples returned anomalous values equal to or greater than 50 parts per billion gold.
About the Rodgers Cove project
The Rodgers Cove project is located in Gander Bay, Nfld., near the town of Rodgers Cove and less than 50 kilometres north of Gander, a town with a skilled work force and an international airport. The property is located in a strategic position as it is on tidewater and is accessible by forest access roads. There is also a nearby transmission line.
It has 12 mineral licences totalling 6,500 hectares (260 claims) in the Central Newfoundland gold belt (CNGB), an area known for hosting multiple gold discoveries along major deformation zones. The project is located within the Exploits subzone, along the Appleton and JBP faults, key structural corridors associated with major gold systems.
Limited exploration has been undertaken on the property. Diamond drilling has yet to be completed and only limited geophysical surveys have been completed. The most recent exploration, a limited trenching program, yielded very encouraging results (115.6 grams per tonne gold over one metre), which were never followed up on.
Management commentary
Alex Bugden, PGeo, president, chief executive officer and qualified person of Sorrento Resources, commented: "The identification of multiple large-scale and high-grade soil anomalies at Rodgers Cove significantly enhances the project's potential. The SG1 anomaly demonstrates strong gold-in-soil continuity, and, combined with the historic trench result of 115.6 grams per tonne gold over one metre, this represents a compelling drill-ready target.
"The project has never been drill tested, which presents a rare opportunity in such a well-endowed and active gold belt. We plan to follow these results up with a diamond drilling program in the coming weeks."
Change of directors
Further, the company announces the appointment of Joseph Cullen to the company's board of directors.
Mr. Cullen is president, chief executive officer and a director of Metalsource Mining Inc. since August, 2020. Mr. Cullen's career has included over 11 years of public market experience, primarily focused on the resource and technology sectors with an emphasis on investor relations and corporate finance. His previous experience also includes working for Deloitte and VMWare as well as co-founding and managing private ventures in the financial services, environmental consultancy and technology sectors.
The company announces the resignation of Brent Clark from the company's board of directors. The company wishes to thank Mr. Clark for his services to the company and wishes him all the best in future endeavours.
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 and 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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