VANCOUVER, British Columbia / ACCESSWIRE / May 2, 2023 / Rock Edge Resource Co., Ltd. (the “Company” or “Rock Edge”) (CSE:REDG) is pleased to announce the commencement of its 2023 Field Program at its Maun, Terrier and Pug North facilities in northwestern Ontario.
The Maun and Terrier property is located northeast of the Rock Edge superbreak property and has recorded surface channels of 1.77% to 4.03% and 2.47% Li2Over 3.2 m O, containing 5.84% Li2○1.1m or more. The Superb Lake and Maun properties have prospects for gold mineralization as they lie north along the same fault trends that have produced Louisiana gold mines in the past. The area has numerous gold/silver/copper/lead/zinc exhibits, including a grab sample of the Holm area taken by a company that analyzed 29.6 grams of gold per tonne. Grab samples are selected samples and are not necessarily representative of the mineralization hosted on the property.
The Terrier property is well-situated along the edges of muscovite-bearing granitic plutons, peraluminous S-type fertile parent granites (Breaks et al., 2003), and is an excellent host metaphysical site containing rare elements. in contact with sediments. pegmatite. A historic 1950s drill hole just off the property’s northern edge noted intersecting pegmatite intervals up to 30m wide, including garnet, tourmaline, muscovite, and localized fluorite mineralization. bottom. However, no pegmatites were sampled. A reconnaissance mapping done by the Ontario Department of Mines in 1931 found several pegmatites on Terrier’s property.
Figure 1 Map showing the location of the Rock Edge Great Lakes, Maun, and Terrier properties, modified from the OGS Regional Geological Map.
The recently expanded Pag North Property (see press release dated April 17, 2023), located approximately 25km east of Longrack, Ontario, is a large and promising property that straddles the boundary of the East Wabigoon and Ketico sub-provinces. Offers. These terrain boundaries are closely related to the location of lithium deposits and occurrences in northwestern Ontario and serve as deep sutures of the parent granite melt (Breaks et al., 2003). The boundary is also favorable for hosting gold mineralization, with some gold indications from historic Ontario Geological Survey (OGS) mapping.
Figure 2 Map showing recent additions to the Pag North Property, with indications of OGS-mapped Muscovite pegmatites and gold, modified from the OGS regional geological map.
The field program consists of lithium-bearing pegmatites and a “boot above ground” greenfield consisting of detailed mapping and sampling aimed at identifying potential gold/silver/copper/zinc mineralization throughout the property. Consists of exploration. Sampling of the channels is performed for the favorable indications found.
Rock Edge CEO Charles Dejardins said:“We are excited to begin the process of delineating lithium-bearing pegmatites across these three unexplored properties. This is the first step in identifying the , and we continue to work to meet the growing demand for the critical minerals needed to advance greener energy solutions.”
References
- Breaks, FW, Selway, JB and Tindle, AG 2003. Fertile peralumina granites and associated rare element mineralization in pegmatites, Superior, northwestern and northeastern Ontario: Operation Treasure Hunt. Ontario Geological Survey, Open File Report 6099, 179p.
qualified person
The technical content of this news release has been reviewed and approved by Mike Kilbourne, P. Geo. QP and company have not completed sufficient work to ascertain historical information about the property, particularly with respect to past exploration, nearby businesses, and government geological surveys.
About Rock Edge Resources Ltd.
Rock Edge Resource Co., Ltd. It focuses on the acquisition and exploration of mineral assets, with a particular focus on the lithium belt in northwestern Ontario and Quebec. The aim is to find, develop and bring to market economically viable properties, including important minerals, base metals and precious metals. With the support of the Government of Ontario’s Critical Minerals Strategy, Rock Edge is poised to capitalize on the growing demand for these essential minerals and contribute to the region’s economic growth.
On behalf of the Board of Directors
Charles Desjardins
Chief Executive Officer and Director
Phone #604-808-3156
Email: This email address is being protected from spambots. JavaScript must be enabled to view.
The Canadian Stock Exchange has not endorsed or disapproved of the contents of this news release and assumes no responsibility for its adequacy or accuracy.
Forward-Looking Statements
This news release contains “forward-looking statements” and “forward-looking information” (as defined under applicable securities laws) that are based on management’s best estimates, assumptions and current expectations. . Such statements include, but are not limited to, statements regarding our plans for future exploration and development of our assets and the acquisition of additional exploration projects. In general, these forward-looking statements may include statements such as “expect,” “anticipate,” “budget,” “project,” “anticipate,” “plan,” “anticipate,” and “believe can be identified using forward-looking terms such as , “intend,” “estimate,” “project,” “goal,” “potential,” “goal,” “goal,” “prospect,” and similar expressions, or that event or condition “will” , “would”, “could”, “could”, “could”, or “could”. These statements are not guarantees of future performance or results. Such statements involve known and unknown risks, uncertainties and other factors that could cause actual results, performance or achievements to differ materially from those expressed or implied by such statements. It is included. third-party approval of our business and proposed operations of exploration activities; risks associated with our exploration properties; Risks associated with international operations. risks associated with general economic conditions, actual results of current exploration activities and unexpected landfill costs; As plans continue to be refined, project parameters change. Fluctuations in the prices of commodities such as lithium and gold. Fluctuations in foreign exchange rates, rising market prices for mining consumables, and the potential for fluctuations in reserves. A plant, equipment, or process does not perform as expected. Accidents, labor disputes, title disputes, insurance coverage claims and limitations, and other mining risks. delays in completing exploration, development or construction activities, changes in national and local government regulations regarding mining operations, tax rules and regulations, and political and economic developments in the jurisdictions in which we operate; Although we have attempted to identify important factors that could cause our actual results to differ materially from those contained in the forward-looking statements, there are many factors that could cause results to differ from those anticipated, estimated or intended. There may be other factors that contribute to There can be no assurance that such statements will prove to be accurate, as actual results or future events could differ materially from those anticipated by such statements. Forward-looking information is made as of the date hereof and is fully qualified by this cautionary statement. The Company undertakes no obligation to revise or update such factors, or to reflect future results, events or developments, except as required by law. disclaims any obligation to publicly release the results of any revisions made to the forward-looking statements. Accordingly, readers should not place undue reliance on forward-looking statements or information. For more information regarding the risks affecting the company and its business, please refer to the company’s most recent filings under profile on www.sedar.com.
