Updates From $ROCK.v Rockridge Resources (TSXV: ROCK) has announced plans for a 2022 drill campaign at its Knife Lake copper project in Saskatchewan. I’m interested to see what this month holds for the company’s shares, as certain sectors of the Saskatchewan mining exploration industry have been heating up recently.
Drill targeting for the fully funded 2022 diamond drill program is currently underway, and management is assessing high-priority targets that include additional drill testing in the Gilbert South Area.
The planned holes will further investigate strike-length continuity of the mineralized horizon intersected in 2021 drilling, which remains open to the south. The holes will also evaluate potential zoning of mineralization, which is commonly observed in VMS systems. Additional holes at a newly discovered copper showing at the Gilbert West Area are also being considered.
With shares of $ROCK.v bouncing around a 22% price range near all-time lows, I expect continued updates on operations at Knife Lake to provide multiple potential catalysts for a breakout this month. 2021 grab samples from the property returned promising copper yields up to 4.06%.
$ROCK.v is currently trading at $9.33M and is valued at $9.33M.
https://ceo.ca/@nasdaq/rockridge-resources-plans-upcoming-fully-funded-exploration