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Home > News > Rockridge intersects 9.6...

Rockridge intersects 9.6 g/t Au and makes new discovery west of Raney Project near Timmins

Jan 28, 2021


“We are very pleased to have gold mineralization in almost every hole reported thus far from the recent drill program with assays pending for two additional holes," said Jordan Trimble, Rockridge’s President. 

"These initial results from the Raney Gold Project further illustrate the high grade, robust geological potential at the project as we continue to expand the main zone of gold mineralization while discovering other zones both along strike and at depth.”

Rockridge Resources Ltd. has completed a 2,965 metre diamond drilling program at its 100% owned Raney Gold Project southwest of Timmins.

A total of 11 drill holes were completed to evaluate the down plunge and strike extent of the Raney Gold Zone. Assays have been received for 9 of the 11 holes with gold mineralization intersected in all but two holes. Drill hole RN 20-13 returned 2.5 g/t Au over 13.0m from 133.0m to 146.0m including 3.41 g/t Au over 9.0m from 135.0m to 144.0m and including 9.6 g/t Au over 2.0m from 135.0m to 137.0m. Furthermore, exploratory drill hole RN 20-18 was a significant step out hole along strike 250m to the west of the main zone and returned 1.36 g/t Au over 9.0m from 141.0m to 150.0m including 2.1 g/t Au over 4.0m from 141.0m to 145.0m.

The drill program was designed to evaluate a number of exploration ideas/concepts including: testing the down plunge and depth continuity of high-grade gold mineralization intersected in previously drilled holes; testing the eastward and westward continuity of the Raney Gold Zone as suggested by a well-defined magnetic low signature along strike as identified from a drone survey; testing a relatively underexplored feldspar porphyry unit; and testing a newly identified magnetic signature along strike to the Raney Gold Zone that exhibited a distinct fold geometry.

Rockridge’s CEO, Grant Ewing, commented: “The main zone of the Raney Gold Project has returned significant high-grade gold results from previous drilling campaigns, and the current program was designed to test the depth and strike extent of the mineralization outside of this zone. A very encouraging aspect of the program is the potential extension of the Raney Gold Zone to the west where hole RN 20-18 intersected gold in a strongly altered section with quartz veins 250 metres west of the main zone.”

A summary of assay results for nine holes are reported below:

  • Hole RN 20-10 returned 1.37 g/t Au over 3.5m from 157m to 160.5m
  • Hole RN 20-11 returned 2.18 g/t Au over 5.7m from 153.8m to 159.5m; and 2.68 g/t Au over 0.8m from 250.7m to 251.5m
  • Hole RN 20-12 returned 1.38 g/t Au over 6.5m from 144.5m to 151.0m; and 1.27 g/t Au over 4.0m from 211.5m to 215.5m
  • Hole RN 20-13 returned 2.5 g/t Au over 13.0m from 133.0m to 146.0m; including 3.41 g/t Au over 9.0m from 135.0m to 144.0m and including 9.6 g/t over 2.0m from 135.0m to 137.0m
  • Hole RN 20-14 returned 1.97 g/t Au over 2.0m from 248.5m to 250.5m
  • Hole RN 20-15 and hole RN 20-17 - no significant values
  • Hole RN 20-16 returned 2.21 g/t Au over 1.0m from 387.0m to 388.0m
  • Hole RN 20-18 returned 1.36 g/t Au over 9.0m from 141.0m to 150.0m; including 1.67 g/t Au over 7.0m from 141.0m to 148.0m and including 2.1 g/t Au over 4.0m from 141.0m to 145.0m


Tags: Northern Ontario / Exploration / Gold / All Articles