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Rockridge Resources Ltd V.ROCK

Alternate Symbol(s):  RRRLF

Rockridge Resources Ltd. is a Canada-based exploration company. The Company is focused on the acquisition, exploration and development of mineral resource properties in Canada, specifically copper and gold. The Company’s 100% owned Knife Lake Project is located in Saskatchewan and consists of 58 claims totaling over 45,168 hectares (111,612 acres). The project hosts the Knife Lake Deposit, which is a volcanogenic massive sulfide (VMS), near-surface copper, cobalt, silver, gold and zinc (Cu-Co-Au-Ag-Zn) deposit open along strike and at depth. The Company's gold asset is its 100% owned Raney Gold Project, which is a high-grade gold exploration project located in the same greenstone belt that hosts the Timmins and Kirkland Lake lode gold mining camps. The Raney Gold Project is a large prospective gold property covering over 2,800 hectares located 110 kilometers (km) southwest of the prolific gold district of Timmins.


TSXV:ROCK - Post by User

Comment by HornbyBayon Feb 15, 2021 7:11pm
163 Views
Post# 32569960

RE:Knife Lake

RE:Knife LakeKnife Lake ... VMS targets near surface ... fairly close to flin flon with decent infrastructure and a highly skilled workforce ... copper dominant ... bulk tonnage with some relatively high grade intercepts ... appears open to expansion.   Drilling program planned in 2021.  Rockridge has a relatively tight share structure with some loyal shareholders ... and grant ewing is a manager with experience building a company for a sale at a premium.

If Rockridge is able to prove up more near surface copper at relatively good grades ... with expansion at depth at higher grades ... Rockridge could define a very attractive for aquisition by a major.  Not sure whether rockridge will be able to do enough work this year to reach its goals ... or whether it will take 2 or more years.  In the end, I foresee Rockridge either selling off knife ridge or the entire company.  I think ron netolitsky (technical advisor) and the big players in rockridge know what they have in knife lake ... and have put grant ewing at the helm to guide the ship to a sale at a nice profit.

Disclosure:  I own shares of Rockridge, just my opinions, not investment advice.
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