Menü Artikel

Suche

Folgen Sie uns auf:

Artikel Nachrichten, Minen engl.

Rogue Resources Announces High Grade Silica Strike Length Extended over 100 meters to 1.5 Km, Adds Second Drill to Current Program and Arranges $2.5 M Private Placement

09.09.2015 | Marketwired

Rogue Resources Announces High Grade Silica Strike Length Extended over 100 meters to 1.5 Km, Adds Second Drill to Current Program and Arranges $2.5 M Private Placement

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sept. 9, 2015) -

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

THREE NEW CHANNEL SAMPLES COLLECTED ON QUARTZITE UNIT "H"
MINIMUM 1.5 KM STRIKE LENGTH ON QUARTZITE UNIT 'G' CONFIRMED
MIDDLE CHANNEL RESULTS ON 'G' CONFIRM CONSISTENCY OF HIGH SiO₂ PURITY
12 OF 25 PHASE ONE DRILL HOLES COMPLETED
SECOND DRILL TO ARRIVE ON SITE WITHIN A WEEK
2,000 METERS ADDED TO PHASE TWO DRILL PROGRAM

Rogue Resources Inc. (TSX VENTURE:RRS) ("Rogue" or the "Company") is pleased to announce that assay results from an additional seven of fourteen channel sample units comprising 256 samples have been received on the Lac de la Grosse Femelle silica project ("Femelle") located approximately 42 kilometers ("km") north of Baie-Saint Paul, Québec, and 4 km northeast of Sitec's operating silica mine.

The Company is also pleased to announce that 12 of the 25 Phase One drill holes, comprising 2,261 meters ("m") have been completed. An additional drill will be onsite shortly and upon arrival will begin drilling the expanded Phase Two drill program. All drilling is expected to be completed prior to the end of November 2015. Drilling is designed to test the extent of Quartzite Unit "G" and the newly discovered "H" Quartzite unit, including their purity, depth, width and the length of extension below surface. Upon receiving all of the assays and compiling the results, an independent firm will be tasked with preparing a NI 43-101 compliant resource report and a corresponding Preliminary Economic Assessment ("PEA").

Channel R11 assays recording up to 99.8% Si02 extend the quartzite unit another 100 m east-northeast to a total of 1.5 km east of Channels R6 and R7 located in the same "G" quartzite unit (please see news releases dated August 20, 2015 and September 2, 2015). Newly reported are Channels R4 and R5 located 920 m east-northeast of R7 on the same unit and 540 m west-southwest of Channel R11. The replication of assays averages on the three smaller channel areas located approximately in the middle of the over 1.5 km strike length of the quartzite unit is considered indicative of the continuity of the high purity silica trend that is contained within the "G" quartzite unit.

The newly discovered "H" quartzite unit is pure white, coarse-grained, crystalline, and massive, with no apparent discolouration. Therefore, in response to the high purity SiO₂ assays reported on R13, three additional channels, R13B, R13C and R13D, consisting of 39 samples located 31 m west-southwest of channel R13, were delivered to SGS Labs in Québec City.

Assays from Channels R1, R2, R3, and R14 indicate that these samples were taken on the southern edge of the contact with the "H" quartzite, and were located just outside of the quartzite unit.

To view a drill and channel sampling location map click on the link below:
http://www.rogueresources.ca/i/misc/2015-09-02-NR_Drill-Plan.jpg

"It is highly encouraging to have high purity silica assays reported on the east, middle and west ends of the "G" quartzite unit, open on both ends, supporting the continuity of the high purity silica for a strike length of not less than 1.5 km. Additional channel sampling was recently completed on the newly discovered Unit "H" as a direct response of the Unit being very white in colour with no apparent discoloration, and the high silica value assays of R13," commented Company President and CEO, John de Jong. "Adding an additional drill will allow us to complete all of our phase one and two drill programs prior to the end of November. We remain on budget and on target with our drilling and planning for a resource calculation in the New Year."

Channel Sample Results

Channel samples, R1 - R14, consisting of 256 samples totaling 446.7 m of channelling were delivered to SGS Laboratories in Québec City. Assay results for 55 samples over 93.9 m from channels R4, R5 and R11, on the "G" quartzite unit and R1, R2, R3 and R14 on the newly discovered quartzite unit "H" have been received.

Channels R4 and R5 Details:

Located in the central portion of "G" quartzite unit at 900 m east-northeast of R7 and 435 m west-southwest of R9
Seven samples submitted
Total channel sampling length 11.5 m
3.1 m comprising two of seven samples in two sequences returned assays of SiO₂ (99.0% to 99.2% SiO₂)

Sequences of Assayed Silica Oxide Contents (Over 99.0% SiO₂)

Sequence 1 for Channel R4: 1.5 m
- 1.5 m interval assayed 99.0% SiO₂
Sequence 2 for Channel R5: 1.6 m
- 1.6 m interval assayed 99.2% SiO₂

The higher silica content and purity was in quartzites that were white, coarse-grained, crystalline, and massive with minor pink staining (oxidation). Drilling designed to identify the width and depth of the "G" quartzite unit in this area and silica purity will begin within the next several days.

Table #1 - Channel R4 and R5

Hole ID	Sample No.	From (m)	To (m)	Width (m)	Al₂O_{3 %}	Cr₂O_{3 %}	Fe₂O_{3 %}	K₂O %	MgO %	Na₂O %	SiO _{2 %}	TiO _{2 %}	LOI %	Sum %	Densité Relative
R4	649322	0.00	2.00	2.00	1.38	0.02	0.58	0.05	0.08	0.04	98.3	0.09	0.67	101.2
R4	649324	2.00	3.50	1.50	0.75	0.01	0.42	0.04	0.07	0.01	99.0	0.07	0.72	101.3
R4	649326	3.50	5.00	1.50	0.78	0.02	0.38	0.03	0.08	0.02	98.2	0.05	0.41	100.0
R4	649327	5.00	6.40	1.40	1.85	0.03	0.60	0.06	0.14	0.05	96.8	0.14	0.62	100.4

R5	649328	0.00	2.00	2.00	1.24	0.04	0.58	0.04	0.03	0.02	97.2	0.08	0.58	99.8	2.69
R5	649329	2.00	3.50	1.50	1.15	0.03	0.44	0.07	0.06	0.02	98.1	0.10	0.67	100.6
R5	649330	3.50	5.10	1.60	0.49	0.04	0.41	0.04	0.03	0.03	99.2	0.08	0.27	100.7

Channel 11 Details

Located 1.5 km east-northeast of channel R6 on the main quartzite zone "G"
Total channel sample length 55.6 m
14 of 32 samples returned assays ranging from 99.0% to 99.8% SiO₂ over combined width of 23.5 m

Sequence of Assayed Silica Oxide Contents (Over 99.0% SiO₂)

Sequence 1: 36 m
- 2 m interval assayed 99.3% SiO₂
- 20 m interval assayed between 99.0% to 99.8% SiO₂
- 2 m interval assayed 99.3% SiO₂
Sequence 2: 4.6 m
- 2.0 m interval assayed 99.3% SiO₂
- 0.6 m interval assayed 99.1% SiO₂

The high purity quartzites are white, coarse, crystalline, massive and occasionally light pink. The last sample assaying 99.1% SiO₂ is in the upper part of the quartzite and near the contact with the adjacent overlying para gneisses.

Table #2 - Channel R11

Hole ID	Sample No.	From (m)	To (m)	Width (m)	Al₂O₃ %	Cr₂O₃ %	Fe₂O₃ %	K₂O %	MgO %	Na₂O %	SiO₂ %	TiO₂ %	LOI %	Sum %	Densité Relative
R11	649288	0.00	2.00	2.00	0.30	0.05	0.37	0.01	0.02	0.02	99.3	0.05	0.33	100.4	2.68
R11	649289	2.00	4.00	2.00	0.88	0.03	0.38	0.01	0.05	0.03	98.0	0.11	0.46	100.0
R11	649291	4.00	6.00	2.00	0.59	0.03	0.46	0.02	0.05	0.02	98.9	0.08	0.33	100.5
R11	649292	6.00	8.00	2.00	0.75	0.04	0.53	0.02	0.06	0.04	98.2	0.08	0.36	100.1
R11	649293	8.00	10.00	2.00	0.85	0.03	0.42	0.02	0.06	0.03	98.2	0.10	0.34	100.1
R11	649294	10.00	12.00	2.00	0.75	0.02	0.36	0.02	< 0.01	0.01	99.6	0.10	0.37	101.3
R11	649296	12.00	12.80	0.80	0.56	0.04	0.45	0.03	0.04	0.03	99.4	0.08	0.30	100.9
R11	649297	12.80	14.00	1.20	0.63	0.03	0.34	0.02	0.02	0.02	99.1	0.09	0.39	100.6
R11	649298	14.00	16.00	2.00	1.11	0.03	0.41	0.01	0.02	0.02	99.0	0.13	0.29	101.0	2.69
R11	649299	16.00	18.00	2.00	0.38	0.03	0.29	0.02	0.04	0.03	99.2	0.04	0.19	100.2
R11	649300	18.00	20.00	2.00	0.23	0.03	0.34	0.03	0.02	0.03	99.4	0.04	0.21	100.3
R11	649301	20.00	22.00	2.00	0.34	0.04	0.39	0.02	0.05	0.03	98.8	0.06	0.24	100.0
R11	649302	22.00	24.00	2.00	0.32	0.02	0.35	0.02	0.02	0.02	99.4	0.07	0.29	100.5
R11	649303	24.00	26.00	2.00	0.41	0.05	0.61	0.02	0.02	0.01	100.0	0.04	0.14	101.3
R11	649304	26.00	28.00	2.00	0.40	0.03	0.34	0.01	0.03	< 0.01	99.8	0.05	0.20	100.9
R11	649305	28.00	30.00	2.00	0.46	0.03	0.37	0.01	0.04	0.02	99.5	0.05	0.27	100.7
R11	649306	30.00	32.00	2.00	0.54	0.02	0.32	0.02	0.04	0.03	97.9	0.05	0.44	99.3
R11	649307	32.00	34.00	2.00	0.66	0.03	0.31	0.02	0.03	0.02	98.8	0.06	0.37	100.3
R11	649308	34.00	36.00	2.00	0.58	0.04	0.42	0.02	0.04	0.03	99.3	0.05	0.36	100.9	2.69
R11	649309	36.00	37.00	1.00	0.89	0.01	0.43	0.02	0.02	0.02	98.8	0.06	0.36	100.6
R11	649310	37.00	38.00	1.00	0.74	0.03	0.40	0.04	0.05	0.02	98.6	0.05	0.24	100.2
R11	649311	38.00	40.00	2.00	1.00	0.02	0.40	0.06	0.05	0.03	98.7	0.07	0.34	100.7
R11	649312	40.00	42.00	2.00	0.69	0.05	0.49	0.02	0.06	0.03	98.4	0.10	0.30	100.2
R11	649313	42.00	43.50	1.50	0.62	0.02	0.41	0.05	0.04	0.02	98.9	0.06	0.37	100.5
R11	649314	43.50	45.50	2.00	0.48	0.04	0.37	0.03	0.04	0.02	98.7	0.07	0.23	100.1
R11	649315	45.50	47.50	2.00	0.43	0.02	0.33	0.03	0.04	0.02	98.6	0.05	0.23	99.8
R11	649316	47.50	49.50	2.00	0.68	0.03	0.43	0.05	0.06	0.02	98.8	0.07	0.37	100.6
R11	649317	49.50	51.00	1.50	0.88	0.03	0.56	0.09	0.07	0.03	98.4	0.11	0.26	100.5
R11	649318	51.00	52.50	1.50	0.85	0.02	0.60	0.06	0.06	0.05	99.3	0.07	0.41	101.5	2.69
R11	649319	52.50	53.80	1.30	1.00	0.04	0.67	0.17	0.12	0.04	98.0	0.11	0.37	100.5
R11	649320	53.80	55.00	1.20	10.2	0.03	5.44	2.07	0.30	0.16	82.0	0.59	0.26	101.1
R11	649321	55.00	55.60	0.60	0.50	0.03	0.78	0.07	0.07	0.04	99.1	0.08	0.32	101.0

Channel R1, R2, and R3 Details:

Located on the southern edge of the newly discovered quartzite "H"
The assays indicate that the samples collected in these channels were located in the para gneisses on the southern edge of the quartzite zone "H"; therefore are considered to be outside the quartzite unit
Channel sample lengths were 4.2 m, 8.7 m and 4 m in length, respectively

Channel R14 Details:

Located on the southern edge of the newly discovered quartzite "H"
Samples collected are in the para gneisses at the southern edge of the contact and are therefore considered to be outside the quartzite unit

Table# 3 - Channel Location, Length and Sample Units.

Channel	UTM-E	UTM-N	Loc Z	Length	Samples	Date DR_DMY
R1	381436	5294631	956	4.2	3	10/07/2015
R2	381448	5294624	959	8.7	5	10/07/2015
R3	381455	5294633	959	4	3	10/07/2015
R4	381561	5294413	961	6.4	4	10/07/2015
R5	381571	5294435	957	5.1	3	10/07/2015
R6	380722	5293947	916	72.8	40	01/07/2015
R7	380761	5293948	916	123.7	70	25/06/2015
R8	380850	5293964	929	86.3	47	06/07/2015
R9	381930	5294655	923	34	21	09/07/2015
R10	381979	5294695	920	10	6	09/07/2015
R11	382020	5294714	927	55.6	32	09/07/2015
R12	381347	5294607	949	5.3	5	07/07/2015
R13	381349	5294653	947	20.7	12	07/07/2015
R14	381448	5294624	959	9.9	5	10/07/2015
Total	14			446.7	256

Table #3A. Additional Channel Location, Length and Sample Units.

Channel	UTM-E	UTM-N	Loc Z	Length	Samples	Date DR_DMY
R13B	381334	5294624	952	50.5	32	02/09/2015
R13C	381324	5294654	954	9.3	5	02/09/2015
R13D	381350	5294628	954	4	2	02/09/2015
Total	3			63.8	39

Drilling Update:

All 23 drill pads have been prepared to date. Drilling takes place 24 hours per day and both Phase One and Phase Two programs are scheduled to be completed by mid-to-late November. As part of the Company's commitment to preserve the local fauna and forest, remediation of each drill site and access point takes place immediately upon leaving the location and as the project progresses.

Table #4. Diamond Drill Holes Completed to Date, Phase One

DDH	ID	UTM E	UTM N	Elev (m)	Line	North	Bearing	Dip	Drilled Length	Zone	Date Start Drilled
Zone E
GF15-1	A1	380728	5293932	898	5+55W	100S	330	-45	177	Q-E	08/08/2015
GF15-2	A2	380790	5293948	917	5+00W	80S	330	-45	171	Q-E	10/08/2015
GF15-3	A3	380790	5293948	917	5+00W	80S	330	-60	261	Q-E	12/08/2015

GF15-5	A5	380728	5294025	966	5+00W	25N	150	-45	135	Q-E	18/08/2015
GF15-6	A6	380777	5294048	980	4+50W	15N	150	-45	150	Q-E	20/08/2015
GF15-7	A7	380777	5294048	980	4+50W	15N	150	-65	183	Q-E	22/08/2015
GF15-8	A8	380819	5294067	966	4+00W	15N	150	-45	165	Q-E	25/08/2015
GF15-9	A9	380910	5294116	977	3+00W	8N	150	-45	147	Q-E	27/08/2015
GF15-10	A10	380893	5294147	977	3+00W	43N	150	-45	185	Q-E	29/08/2015
GF15-11	A11	380975	5294201	972	2+00W	30N	150	-45	180	Q-E	01/09/2015
GF15-12	A12	381068	5294246	978	1+00W	50N	150	-45	198	Q-E	03/09/2015
GF15-13	A13	381154	5294293	978	0+00W	50N	150	-45	180	Q-E	05/09/2015

Zone H Extension
GF15-4	A4	381272	5294713	936	3+00E	361N	150	-45	129	Q-H	15/08/2015
Total Drilled	13								2261

Table #5. Planned Drill Holes Yet To Be Drilled, Phase 1

DDH	ID	UTM E	UTM N	Elev (m)	Line	North	Bearing	Dip	Planned Length	Zone
Zone H Extension
L1E-7DDH	E	381077	5294648	937	1+00E	398N	150	-45	160	Q-H
L2E-5DDH	F	381179	5294669	935	2+00E	392N	150	-45	160	Q-H
L4E-3DDH	H	381374	5294728	933	4+00E	325N	150	-45	140	Q-H
L5E-8DDH	I	381476	5294751	934	5+00E	298N	150	-45	180	Q-H

Zone G
L4E-2DDH	6	381526	5294450	980	4+00E	15N	150	-45	150	Q-G
L5E-16DDH	7	381609	5294514	971	5+00E	25N	150	-45	105	Q-G
L6E-17DDH	8	381687	5294575	964	6+00E	43N	150	-45	120	Q-G
L7E-18DDH	9	381777	5294614	942	7+00E	32N	150	-45	100	Q-G
L8E-19DDH	A	381856	5294683	960	8+00E	60N	150	-45	120	Q-G
L9E-13DDH	B	381927	5294746	954	9+00E	72N	150	-45	160	Q-G
L10E-14DDH	C	382017	5294808	934	10+00E	100N	150	-45	160	Q-G
L11E-20DDH	D	382107	5294854	900	11+00E	90N	150	-45	155	Q-G

Total Planned	12								1710

Private Placement

The Company is also pleased to announce it has arranged a non-brokered private placement of non-flow through Units at a price of $0.10 (the "Units") and Québec or National Flow Through Shares at a price of $0.15 (the "FT Shares"), for aggregate gross proceeds of up to $2,500,000 (the "Offering").

Each Unit will consist of one common share and one non-transferable common share purchase warrant. Each warrant forming part of the Unit will entitle the holder to purchase one common share at an exercise price of $0.12 for 24 months. Each FT Share will consist of one common share and no warrant.

The private placement and any modification to it are subject to compliance with applicable securities laws and approval of the TSX Venture Exchange. The Company may pay finders' fees in accordance with the policies of the TSX Venture Exchange.

The shares will be subject to a statutory four month hold period. Final closing date for the offering is anticipated to be on or about October 15, 2015. The Company reserves the right to increase the size of the private placement or to modify the type, nature and/or price of the units for any reason.

The proceeds from the issuance of the FT Shares will qualify as Canadian and/or Québec exploration expenses. Flow through funds received in 2015 will be renounced to investors no later than December 31, 2015. The Company intends to use the net proceeds of the Offering primarily for expenditures on the Company's Lac la de Grosse Femelle Silica Project as well as for general working capital.

Closing of First Tranche

The Company is pleased to announce that, subject to regulatory approval, it has completed the first tranche of its private placement by raising $625,000 through the issuance of 6,250,000 Units. Finder's fees in the amount of $43,750 and 437,500 compensation warrants are payable on this tranche. The shares forming part of the Units are subject to a 4 month hold period expiring January 8, 2016.

Use of Proceeds for the Offering Include

Advancing the Lac de la Grosse Femelle Silica property by completing the 2015 exploration program as outlined in the Company presentation that can be found on its website and initiating the 2016 exploration program including metallurgical testing, further drilling, bulk sampling, resource calculation and PEA.

About Rogue Resources Inc.

With its diverse portfolio of properties, all in good standing, the Company has the ability to focus its efforts and finances on the project that demonstrates the greatest market potential for return. The recent investment of $382 M by the Québec provincial government in Grupo FerroAtlantica, one of the world's largest silicon metal producers, to build a silicon metal plant located near our silica property is a great foundational point to launch this silica rich quartzite property.

The Femelle Project is located approximately 42 km north of Baie-Saint Paul, situated on the St. Lawrence River, and is 4 km northeast of the Mine Sitec silica mine, in operation for over fifty years. Access to the project is via a paved highway and well maintained forestry access roads.

Qualified Person

The Lac de la Grosse Femelle exploration project is under the direct supervision of Eddy Canova, P Geo., and Senior Vice-President of the Company, a Qualified Persons ("QP") as defined by National Instrument 43-101, assisted by Alain-Jean Beauregard, P.Geo., and Daniel Gaudreault, Eng., Geo. of Geologica Inc., and Dr. Trygve Hoy, P.Eng, PhD, all independent QPs as defined by National Instrument 43-101. The Company's QP has approved the scientific and technical content of this release.

On Behalf of Rogue Resources Inc.

John de Jong, CEO & President

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

Cautionary Note Regarding Forward-Looking Statements: Certain disclosures in this release constitute forward-looking statements, including timing of completion of the Private Placement and exploration work. In making the forward-looking statements in this release, the Company has applied certain factors and assumptions that are based on the Company's current beliefs as well as assumptions made by and information currently available to the Company, including that the Company is able to obtain any government or other regulatory approvals, that the Company is able to procure personnel, equipment and supplies required for its exploration and development activities in sufficient quantities and on a timely basis and that actual results are consistent with management's expectations. Although the Company considers these assumptions to be reasonable based on information currently available to it, they may prove to be incorrect, and the forward-looking statements in this release are subject to numerous risks, uncertainties and other factors that may cause future results to differ materially from those expressed or implied in such forward-looking statements. Such risk factors include, among others, those matters identified in its continuous disclosure filings, including its most recently filed MD&A. Readers are cautioned not to place undue reliance on forward-looking statements. The Company does not intend, and expressly disclaims any intention or obligation to, update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required by law.

Contact

Rogue Resources Inc.
John de Jong
CEO/President
(604) 629-1808
john@rogueresources.ca

Rogue Resources Inc.
Sean Budnick
Investor Relations
Montreal, QC
(514) 397-0110
www.rogueresources.ca

Bewerten 0 0

A A A


	Die mit * gekennzeichneten Felder sind Pflichtfelder.
Absender*
E-Mail-Adresse Empfänger*
Betreff*
Nachricht*	Hier ist eine interessante Information, die ich auf GoldSeiten.de gefunden habe: https://www.goldseiten.de/artikel/258293--Rogue-Resources-Announces-High-Grade-Silica-Strike-Length-Extended-over-100-meters-to-1.5-Km-Adds-Second-Drill-to-Current-Program-and-Arranges-2.5-M-Priv~.html

	Alle hinterlegten Daten der "Nachricht versenden"-Funktion werden ausschlißlich zu Übertragungszwecken verwendet und nicht gespeichert.
Zustimmung*	Mit Setzen des Häkchens im Kontrollkästchen bestätigen Sie uns, dass Sie unsere Datenschutzerklärung zur Kenntnis genommen haben und dass Sie unseren Allgemeinen Geschäftsbedingungen (AGB) zustimmen. Sie erklären sich damit einverstanden, dass Ihre Daten zur Bearbeitung Ihres Anliegens verwendet werden. Weitere Informationen und Widerrufshinweise finden Sie in der Datenschutzerklärung u. a. im Punkt "Informationsangebote".
Bestätigungscode: Code eingeben:*	(Zum neu Laden auf das Bild klicken.) Geben Sie die Zeichen aus dem Bild ein. (Es wird nicht zwischen Groß- und Kleinschreibung unterschieden.)

PDF Versenden Drucken

Für den Inhalt des Beitrages ist allein der Autor verantwortlich bzw. die aufgeführte Quelle. Bild- oder Filmrechte liegen beim Autor/Quelle bzw. bei der vom ihm benannten Quelle. Bei Übersetzungen können Fehler nicht ausgeschlossen werden. Der vertretene Standpunkt eines Autors spiegelt generell nicht die Meinung des Webseiten-Betreibers wieder. Mittels der Veröffentlichung will dieser lediglich ein pluralistisches Meinungsbild darstellen. Direkte oder indirekte Aussagen in einem Beitrag stellen keinerlei Aufforderung zum Kauf-/Verkauf von Wertpapieren dar. Wir wehren uns gegen jede Form von Hass, Diskriminierung und Verletzung der Menschenwürde. Beachten Sie bitte auch unsere AGB/Disclaimer!