Rover Metals Corp
PO Box 412 X0E 0Y0 Rae, NT, Canada
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General Information
Locality: Rae, Northwest Territories
Address: PO Box 412 X0E 0Y0 Rae, NT, Canada
Website: www.rovermetals.com
Likes: 2177
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Hole 4 at Cabin Lake #gold property successfully reaches target zone where semi-massive sulfides (pyrite-pyrrhotite) are replacing the iron formation (42m depth). The hole reaches the equivalent gold mineralized zone where historic gold values of 15.8 g/t Au have been reported.
Hole CL-20-03 intersected the sulfidized Bugow Iron formation, host of the gold mineralization at a depth of 43m to 54.85m targeting the upper sheared/deformed zone consistently showing up to 50% sulfide mineralization and pervasive quartz veining/flooding.
Hole CL-20-01 intersected the sulfidized Iron formation, host of the gold mineralization, at 24.29m in a sheared/deformed zone consistently showing up to 50% sulfide mineralization & pervasive quartz veining/flooding. Deformation/shearing and quartz flooding continues to 44.90m.
After more than 30 years, exploration drilling has started at the Cabin Lake gold project. The Company has budgeted for approximately 1,100 meters of drilling which will include confirmation drilling of historical high grade gold drill intercepts in the Bugow Cabin Lake gold zone.
Rover Metals is mobilizing its exploration team to its Cabin Lake gold project this Thursday. It is expected that the exploration campaign will last four weeks. The focus of the program is to relocate the high-grade gold iron formation, and do confirmation drilling.
Rover Metals (#TSXVVV $ROVR; #OTCQBBB $ROVMF) is pleased to announce that it anticipates commencing exploration drilling at its high-grade gold Cabin Lake project as early as August 31, 2020. Further to its news release of August 4, 2020, the Company intends to perform a first closing of its Unit Financing shortly.
https://www.kitco.com//2020-/Warren-Buffett-buys-gold.html
Listed on the #TSXV under $ROVR $ROVR.V and on the #OTCQB under $ROVMF, Rover Metals has announced a drill financing for up to $900,000 to start drilling at its Cabin Lake $gold project.
Rover Metals ($TSXV: ROVR) ($OTCQB: ROVMF) finalizes Director compensation for the upcoming year as it doubles down on its $gold exploration plans for its Cabin Lake $gold project. https://rovermetals.com/news/nr-07-30-2020.pdf
Rover Metals ($TSXV: ROVR) ($OTCQB: ROVMF) improves its working capital , and provides an infrastructure update for access to its Cabin Lake group of gold projects. https://lnkd.in/gq8tgfH #goldstocks #goldexploration
Gold Prices Could Climb to Another Record High in 2020 https://www.barrons.com//the-price-of-gold-could-hit-a-new
New Year gold, silver rally should continue https://www.kitco.com//New-Year-gold-silver-rally-should-c
Golden year for precious metals as 2019 sees glistening run
Ask the Expert - Brent Cook - November 2019 https://www.sprottmoney.com//ask-the-expert-brent-cook-nov
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