After a fairly quiet month from Rockridge Resources (TSXV: ROCK), the company has announced its fully funded upcoming exploration and drill program plans at the Knife Lake Copper Project in Saskatchewan.
The Knife Lake project consists of 82 claims, totaling 56,865 hectares. Using the results and interpretation from the Fall and Winter 2021 field programs, as well as the 2021 drill program, the upcoming program will target the Gilbert West and Gilbert South zones in addition to continued infill and expansion drilling at the deposit.
Further information regarding the specifics of the program as well as the Knife Lake deposit in general can be found in the company’s press release here: https://ceo.ca/@nasdaq/rockridge-resources-plans-upcoming-fully-funded-exploration
I feel as though this is exactly the kind of update investors were hoping to hear from the company in the wake of no big announcements since January. Shares of $ROCK.v are currently trading near all-time lows, making this a perfect time to consider a position in the company before drilling starts and updates start being released.
$ROCK.v is currently trading at $.095 and is valued at an MCAP of $9.33M.