Statement Regarding Forward-Looking Information You can follow Rover on its social media channels:įor daily company updates and industry news, and In additional to Phase 3 Exploration at Cabin, the Company’s secondary asset, the Up Town Gold Project (for which it retains a 25% ownership interest), Yellowknife, NT, Canada, also saw the completion of Phase 2 Exploration Drilling in Q4-2021, and the assay results are expected in Q1-2022. Rover is a precious metals exploration company specialized in North American (Canada and U.S.) precious metal resources, which is currently advancing the gold potential of its existing projects in the Northwest Territories of Canada (60 th parallel). Technical information in this news release has been approved by David White, P.Geo., Technical Advisor of Rover and a Qualified Person for the purposes of National Instrument 43-101. The Company is planning a minimum of seven drill holes, averaging approximately 150m per hole at Arrow.Īrrow Zone Drill Collars and Conceptual Model at Depthīeaver Zone Drill Collars and Conceptual Model Along Strike The Company’s Phase 3 drill targets are out over the frozen ice of Cabin Lake and are designed to follow the Arrow ore shoot down dip and prove continuity at depths below 60m. Hole CL-20-08 was drilled from the shoreline of Cabin Lake, out underneath the lake (with mineralization starting 12m from surface). Highlights of the 2020 results include DDH CL-20-08 which intersected 32m of 13.6 g/t Au. Drilling at Arrow (formerly the “Cabin Lake Zone”) in 2020 led to the discovery of a continuous high-grade gold ore shoot that extends 120m at surface, and dips northwest below Cabin Lake. On November 24, 2020, the Company reported on the confirmation and expansion of the historical results reported on by Aber Resources in the 1980s at the Arrow Zone. The Company will be targeting the Arrow Zone and the Beaver Zone during this program, which were the focus of the Company’s Phase 1 and Phase 2 Exploration Programs. The goal of the Phase 3 program is to drill the highest-grade proven zones on the project, both at depth, and along surface strike.
(TSXV: ROVR) (OTCQB: ROVMF) (FSE:4XO) (“ Rover” or the “ Company”) is pleased to announce that Phase 3 Exploration Drilling has commenced at its 100% owned Cabin Gold Project, NT, Canada. VANCOUVER, British Columbia, Ma(GLOBE NEWSWIRE) - Rover Metals Corp.
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