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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Rolling Rock Resources Corporation | TSXV:RLL | TSX Venture | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
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0.00 | 0.00% | 0 | - |
Rolling Rock Resources Corporation (TSX VENTURE:RLL) is pleased to report that it has received assays from the recently completed Phase III drill program undertaken on its 65% owned Domain Gold project located in northern Manitoba. This Phase III drill program was designed to further test the westerly extension of the 700 metre strike length B Zone which in the Phase II program intercepted 4.6g/t Au over 15.2 metres including 7.3g/t gold over 9.0 metres in drill hole RR-08-20. This Phase III program, which consisted of 2,420.4 metres of diamond drilling in 13 holes, returned significant values in all the holes. Drill hole RR-08-28 intercepted the zone approximately 75 metres below that reported in RR-08-20 and returned values of 2.0g/t gold over 20 metres including 4.3g/t gold over 4.5 metres and 8.0g/t gold over 1.5 metres. Drill hole RR-08-37 intercepted the B Zone approximately 75 metres above the section mentioned above in RR-08-20. The values in RR-08-37 are 2.3g/t gold over 3.5 metres including 5.6g/t gold over 1.0 metres. Drill hole RR-08-32 was a 150 metre step-out hole and returned values of 5.5g/t gold over 1.0 metres. This is the most northwesterly hole on the B Zone to date and now extends the strike length of the B Zone to over 850 metres along strike and remains open to the northwest. Results from this program have established that the elevated gold values of the B Zone continue up and down plunge and more importantly that the zone remains open along strike. Rolling Rock is now in the process of creating cross sections and plans of the drill intercepts to better understand the parameters of this gold bearing structure and to formalize recommendations for further work. Drill intercepts from the B Zone follow: Hole From(m) To(m) Interval(m) Gold(g/t) RR-08-28 168.5 188.5 20.0 2.0 Including 182.5 187.0 4.5 4.3 182.5 184.0 1.5 8.0 RR-08-29 106.5 109.5 3.0 1.0 Including 107.5 108.5 1.0 1.8 142.5 144.0 1.5 2.0 RR-08-30 69.5 72.2 2.7 1.3 78.6 80.2 1.6 1.6 84.0 85.1 1.1 1.2 92.5 95.0 2.5 2.4 RR-08-31 41.0 42.0 6.8 1.0 48.0 49.0 2.6 1.0 RR-08-32 110.0 111.5 1.5 2.4 122.0 126.0 4.0 1.8 125.0 126.0 1.0 5.5 RR-08-33 148.0 149.0 1.0 2.6 RR-08-34 127.5 128.5 1.0 1.7 135.5 136.5 1.0 1.2 RR-08-35 104.0 105.0 1.0 1.3 107.0 109.2 2.2 1.9 RR-08-36 52.3 55.0 2.7 2.6 RR-08-37 43.4 46.9 3.5 2.0 Including 44.4 45.4 1.0 5.6 RR-08-38 191.5 194.1 2.6 2.0 204.5 206.3 1.8 4.1 Including 205.7 206.3 0.6 8.6 RR-08-39 140.0 141.0 1.0 2.9 148.0 149.0 1.0 4.7 158.0 159.0 1.0 3.7 RR-08-40 212.0 213.1 1.1 3.0 The Domain Property totals 14,000 hectares situated in the Gods Lake greenstone belt. It is located 15 kilometres east of the community of Oxford House and is accessible by winter road. Oxford House, with a population of approximately 2,500 people, has good infrastructure, including hydroelectric power and an all-season airport with daily flights to Winnipeg and Thompson. The Company is the operator of the Domain Joint Venture between New Dimension Resources and the Company. New Dimension participated on a 35% basis in the cost of the program. Notes: 1. Drill intercept lengths only are reported. It is estimated that true widths will be less than the reported intercept lengths. 2. A quality assurance/quality control program is part of the drilling program on the Domain Project. This program includes chain-of-custody protocol as well as systematic submittals of standards, duplicates and blank samples into the flow of samples produced by the drilling. 3. The samples are sent to TSL Laboratories for assay. 4. The qualified person for this project and the data in this news release is Sean Butler, P.Geo.
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