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Bullboard - Stock Discussion Forum
Rover Critical Minerals Corp.
V.ROVR
Alternate Symbol(s):
ROVMF
Metals & Mining
Gold
Rover Critical Minerals Corp. is a Canada-based junior mining company specializing in United States and Canadian critical minerals. The Company focuses on advancing exploration at its Let’s Go Lithium (LGL) Project, located near Pahrump, NV. Lithium at the LGL Project is hosted in lakebed claystones within the Amargosa Valley of southwest Nevada. The LGL Project is district-scale in size with...
tier one mine exploration potential. It has a diverse portfolio of mining resource development projects. Its critical mineral projects include lithium, zinc, and copper. Its precious metals projects include gold and silver. Its projects include the Indian Mountain Lake (IML) Volcanic Massive Sulphide Project, Cabin Gold Group of Projects, Up Town Gold Property, and others. The IML Volcanic Massive Sulphide project is its second district scale land package, representing about 30,000 acres of greenstone belt. The Cabin Gold Group of Properties consists of three projects: Cabin Gold, Camp Gold,...
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TSXV:ROVR - Post Discussion
Rover Critical Minerals Corp.
> “Rover awarded 100,000$ for its thoughts”
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•••
fordster
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Post by
fordster
on Dec 15, 2021 10:30am
“Rover awarded 100,000$ for its thoughts”
Vancouver, British Columbia – (December 14, 2021) – Rover Metals Corp. (TSXV: ROVR) (OTCQB: ROVMF) (FRA:4X0)
(“
Rover
” or the “
Company
”) is pleased to announce that it has received a $100,000 exploration grant for its
Cabin Gold Project, NT, Canada
from the Government of the Northwest Territories’ Mining Incentive Program (“MIP”). MIP received additional 2021 funding from the Canadian Northern Economic Development Agency (CanNor) under its mandate to ensure that mineral resource exploration and development continues to flourish in the north.
About the Cabin Gold Project
In September 2020, Rover kicked-off its first exploration drilling program at the historic Cabin Gold Project. The exploration program included both confirmation and expansion drilling of historical high grade gold drill intercepts in the “Arrow Zone” area of the historic Bugow Iron Formation. The Bugow Iron Formation is the controlling structure for the gold mineralization on the property and is over 15 km in length. On
November 24, 2020
, the Company reported an intersection of
32 meters of continuous gold averaging 13.6 grams per ton Au
from the Arrow Zone. Rover’s 2020 expansion drilling included the discovery of what it believes to be a primary gold bearing ore shoot at the Arrow Zone. The Arrow Zone remains open at depth, underneath Cabin Lake, and is only accessible for expansion drilling in the winter months. Rover’s 2020 drill program was the initial step towards confirming and expanding the historic 100,000 tons at 0.30 Oz/ton Au* historic resource estimate, reported for the Arrow Zone, towards a NI 43-101 compliant mineral resource estimate.
The Arrow Zone will see expansion drilling commencing in Q1-2022.
In July 2021, Rover commenced a Phase 2 Exploration Program at the Cabin Gold Project. The goal of the Phase 2 Exploration Program was the discovery and definition of new, near surface, gold bearing zones along the Bugow Iron Formation. As released on
December 6, 2021
, the Company has delineated a second medium-to-high grade zone at the
Beaver Zone
, highlights which included
6.4 meters of 4.63 g/t Au
(from 42.6m to 49.0m), including
2.6 meters of 7.80 g/t Au
.
The Beaver Zone will see expansion drilling commencing in Q1-2022.
(117)
•••
CountOfMeltedCrisco
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Comment by
CountOfMeltedCrisco
on Dec 15, 2021 1:48pm
o/~ "Money for nothing, and the women are free" o/~ ( well, except for the penicillin shot you'll need shortly )
Thank You
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