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Rockridge plans 3,000m drilling at its Raney gold project southwest of Timmins

Jul 31, 2020

More drills will turn shortly in Timmins. Rockridge Resources plans to conduct a diamond drilling program at its Raney Gold Project located southwest of Timmins. Results of a recently completed summer field program will assist in delineating and prioritizing drill targets over the broad structural corridor that hosts the high-grade gold mineralization.

The gold mineralization at the Raney Gold Project is associated with local concentrations of narrow quartz veins that occur within a structural corridor. The structural corridor that hosts the mineralization is up to 125 metres wide and extends well beyond the small area tested by drilling. Historic mapping and surface sampling data show that the zone may extend over several kilometres along strike, with no drilling conducted along this corridor except for the ~225-metre-long main zone drill tested previously. A notable disruption in the airborne magnetic data approximately two kilometres west of the area where drilling has been concentrated and in line with the projected structural corridor provides a compelling target area.

A diamond drilling program of a minimum of 3,000 metres in approx. 10 diamond drill holes is planned to test priority targets along the prospective corridor. A primary drill target will be the down-dip extension of the previously reported high-grade zone in previously reported hole RN 20-06 which returned 28.0 g/t Au over 6.0 m from 125.0 m to 131.0 m. Furthermore, results from the recently completed summer field program, which consisted of a drone magnetometer survey, detailed prospecting and mapping, and a geochemical orientation survey will assist in delineating and prioritizing target areas for drill testing.

Tags: Northern Ontario / Exploration / Gold / All Articles