Rolling Rock Resource's Domain Project in Northern Manitoba Returns Drill Results of 4.61 gpt Gold Over 15.25 Metres Including 7
21 Avril 2008 - 3:00PM
Marketwired
VANCOUVER, BRITISH COLUMBIA is pleased to report that it has
received assays from the recently completed Phase II drill program
undertaken on the Domain Project in northern Manitoba.
Scott Angus, President of the Company, stated that: "this 2008
winter program was designed to both follow up favorable drill
results from previous drilling and to test undrilled projections of
known mineralization that are strongly supported by airborne and
ground geophysics. The drill results suggest that gold
mineralization in the B Zone is increasing in width and grade to
the northwest with the better values as listed above occurring in
the westernmost 220 metres and that a significant drill program is
warranted to follow up these very encouraging results."
This program which consisted of 2,654.5 metres of diamond
drilling in 17 holes returned significant gold results from 8 drill
holes on the B Zone. Drill intercepts from the B Zone follow:
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From To Interval Gold
Hole (metres) (metres) (metres) (gpt)
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RR-08-19 164.4 168.8 4.4 1.1
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Including 167.8 168.8 1.0 4.25
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182.5 186.21 3.71 4.8
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Including 185.25 186.21 0.96 5.39
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RR-08-20 113.55 128.8 15.25 4.61
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Including 115.5 124.5 9.0 7.29
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and 118.5 124.5 6.0 9.96
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RR-08-21 143.10 152.15 9.05 5.22
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Including 143.10 145.8 2.7 15.16
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and 151.05 152.15 1.05 4.66
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RR-08-22 159.5 167.5 8.0 2.24
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Including 163.5 166.5 3.0 4.78
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RR-08-23 172.95 191.0 18.05 4.61
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Including 179.45 182.1 2.65 17.44
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and 186.33 189.0 2.67 10.43
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RR-08-24 217.0 221.2 4.2 0.61
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RR-08-25 169.1 174.0 4.9 0.55
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RR-08-26 77.0 80.15 3.15 4.28
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Including 78.5 80.15 1.65 7.4
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196.2 199.29 3.0 3.02
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(true thicknesses are estimated to be 75% of drill intercepts)
Of particular significance is that the B Zone remains completely
open along strike. The interval in drill hole RR-08-20 is from the
most north-westerly hole completed on the zone to date. The B Zone,
which is presently defined by drilling over a strike length of 700
metres, is reflected by a strong ground electromagnetic and
magnetic geophysical signature which continues for at least another
350 metres along a strike in a northwesterly trend.
Drill holes RR-08-11 to RR-08-18 and RR-08-27, which were
drilled to the southeast of the B Zone, intersected sections of
silicification and mineralization; all returned values of less than
2 gpt gold.
In addition to the B Zone, the Domain Project covers a number of
geophysical anomalies suggestive of mineralized structures that are
untested, and a number of zones with known gold intercepts that
warrant additional drilling. Anomaly A, located approximately 100
metres to the north of the B Zone, is currently the most
prospective target. Previous work outlined a 1.8 kilometre
coincidental magnetic and VLF-EM conductor. Drilling of a 100 metre
segment of the trend by Canico in the late 1970's and mid 1980's
intersected anomalous gold values in all four drill holes. Results
included a 4.6 metre intercept averaging 4.60 gpt gold and a 1.32
metre intersection averaging 12.59 gpt gold. Historic exploration
data was collected before the introduction of NI 43-101, and is
presented for information purposes only. The Company has no way of
verifying the results and the historical data should not be relied
upon.
The property is host to numerous steeply dipping, northwest
trending gold-bearing structures up to 3.5 kilometres long and at
least 100 metres in down-dip extension. These structures are
associated within silicified zones containing variable amounts of
pyrite, pyrrhotite, magnetite and arsenopyrite coincident with
extensive ground and airborne geophysical anomalies and are
structurally and geologically comparable to Rolling Rock's Monument
Bay property located 150km to the east. Monument Bay hosts a
January 2008 NI 43-101 compliant inferred resource, using a cut-off
of 3 gpt, of 4,888,000 tonnes grading 6.01 gpt contains 944,000
ounces of gold.
Rolling Rock is highly encouraged with the results of the 2008
exploration program and in the Company's opinion a significant
drill program is warranted to follow up these very encouraging
results. Rolling Rock is presently earning up to a 65% interest in
the Domain Project from New Dimension Resources (TSX VENTURE: NDR)
and a joint venture will then be formed to continue
exploration.
The Domain Property totals 14,000 hectares situated in the Gods
Lake greenstone belt. It is located 15 kilometres east of the
community of Oxford House and is accessible by winter road. Oxford
House, with a population of approximately 2,500 people, has good
infrastructure, including hydroelectric power and an all-season
airport with daily flights to Winnipeg and Thompson.
Quality control on the Domain Project includes chain-of-custody
protocol as well as systematic submittals of standards, duplicates
and blank samples into the flow of samples produced by drilling. At
Domain, drill core is sawn into halves with one half being sent for
analysis and the other kept for future reference. All samples are
prepared and assayed by TSL Laboratories, Saskatoon, Saskatchewan.
At TSL, samples were fire assayed using a two assay ton sample.
Samples that assayed greater than 30 gpt gold were submitted for
screen analysis. A technical report in compliance with NI 43-101 on
the Domain Property authored by J.T. Shearer M.Sc., P.Geo. dated
August 21, 2005 can be viewed on Rolling Rock Resources company
profile at www.sedar.com. A map showing the drilling will be
available at www.rollingrockresources.com.
The Qualified Person for this project, who has verified, the
technical data in this news release is J.T. Shearer, M.Sc.,
P.Geo.
Rolling Rock is a junior gold exploration company focused on
acquiring and developing projects throughout North America. Its
largest shareholders include Kinross Gold Corporation and Zinifex
Ltd.
Rolling Rock is a Canadian exploration company focused on
acquiring and developing mineral resource projects. Rolling Rock
has two gold exploration projects in Northern Manitoba: the Domain
Property and the Monument Bay Project.
Rolling Rock Resources Corporation
Scott Angus, President & CEO
The statements made in this Press Release may contain
forward-looking statements that may involve a number of risks and
uncertainties. Actual events or results could differ materially
from the Company's expectations and projections.
The TSX Venture Exchange has not reviewed this press release and
neither approved nor disapproved the information contained in this
press release.
Contacts: Rolling Rock Resources Corporation Roger Blair (604)
488-1456 Email: info@rollingrockresources.com Website:
www.rollingrockresources.com or
http://www.agoracom.com/IR/RollingRock
Rolling Rock Resources Corporation (TSXV:RLL)
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