- Approximately 2,000m of diamond drilling to be completed by end of May
- Geochemical analysis is underway, including additional metallurgical analysis by ANZAPLAN in Germany
- M.Plan International (a JV between ANZAPLAN and Micon) will complete a Resource Estimate
- Rogue extends Warrants associated with April 6, 2018 financing
“Our team has worked hard to complete the drilling safely and efficiently at Snow White over the past month. We are excited by the visual results and look forward to the results of the geochemical analysis and modelling now underway. We remain on track for completing the Resource Report”, said Sean Samson, President and CEO of Rogue Resources. “Given Rogue’s experience with ANZAPLAN and the expertise of the M.Plan team, they were a natural fit for this work. Once completed, Rogue anticipates the Resource Report will confirm the volume of high-quality Snow White Silica mineralization, and provide further comfort to our potential customers. ”
And on the Warrant extension...
“We continue to work very closely with SCR and want them to remain positioned to help finance our potential Advancement Decision. This Amendment was developed in coordination with them, and the acceleration provision addresses the risk of creating an additional, ongoing overhang in our capital structure, ” explained Sean Samson.