Rockland Resources Recommences Maiden Drill Program On Cole Gold Mine Property

Drilling has resumed at Rockland Resources’ (CSE: RKL) flagship gold property in the Red Lake region of Ontario. Drilling was temporarily halted earlier this year, just days after commencement, as a result of a flare up in forest fire activity in the region.

Drilling on the property, which previously commenced in July, only became possible at the end of August as a result of an emergency order being lifted in the area.

The company currently intends to conduct a total of 2,500 metres in aggregate of drilling at its Cole Gold Mines property, where it is focused on testing the historical gold resource on the property along with the potential extensions, west of the current underground workings.

Nord Precious Metals — sponsored Sponsored · Nord Precious Metals

A total of twelve drill holes are planned for the 2021 drill season under the initial program, with the program testing mineralization that was developed by miners in the 1930’s, as well as magnetic lows on the property that trend east-west. The program marks the first on the property since 1972, with the property only recently becoming available for exploration after the expiry of certain patents.

“It is great to have the drill turning again on our highly anticipated diamond drilling program at the Cole Gold Mines Property. This Property, located at the west end of the prolific Red Lake Greenstone belt, has only recently become accessible for exploration after the expiry of the Cole patents.”

Mike England, CEO

Rockland Resources last traded at $0.165 on the CSE.


FULL DISCLOSURE: Rockland Resources is a client of Canacom Group, the parent company of The Deep Dive. The author has been compensated to cover Rockland Resources on The Deep Dive, with The Deep Dive having full editorial control. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security.

Video Articles

Silver Is in a New Price Regime, and the Market Isn’t Used to It | Keith Neumeyer – First Majestic

Agnico Eagle Just Made a Massive Gold Land Grab

A Copper-Gold Deposit Caught the White House’s Attention | Rob McLeod – Cambria Gold

Recommended

Mercado Drills 256 g/t Silver Over 6.5 Metres In First Drill Hole of Inaugural Program

Antimony Resources Drills 4.38% Sb Over 7.05 Metres At Bald Hill In Final Hole Of 2025 Program

Trending

Related News

SKRR Exploration Expands Flow Through Placement To $2.2 Million

SKRR Exploration (TSXV: SKRR) quietly announce after the bell last night that it has increased...

Tuesday, October 20, 2020, 02:55:40 PM

Is The Russian Ruble About To Become A Gold Standard Currency?

Did Russia’s central bank just upend the entire global monetary system and unilaterally use the...

Sunday, April 3, 2022, 09:00:00 AM

Lodge Closes Expanded Private Placement With Gross Proceeds of $1.49 million

Lodge Resources (CSE: LDG) last night quietly announced that the company has completed the final...

Tuesday, May 12, 2020, 03:10:01 PM

Beijing Woos Central Banks In Its Gold Reserves Custodial Push

China reportedly started positioning itself as custodian of foreign sovereign gold reserves using the People’s...

Thursday, September 25, 2025, 12:13:00 PM

Gold Prices Rebound in 2021 as US Dollar, Real Yields Continue to Plummet

Gold prices soared to their highest levels in nearly two months today as a weakened...

Monday, January 4, 2021, 02:30:00 PM