Rover Metals Announces Increase to Previously Reported Intervals at Andrew Zone, Cabin Gold Project, NT, Canada
VANCOUVER, Feb. 23, 2022 - Rover Metals Corp. (TSXV: ROVR) (OTCQB: ROVMF) (FSE:4XO) ("Rover" or the "Company") is pleased to report, that further to its release on January 13, 2022, the gold mineralization at the Andrew Zone does extend past the primary sulfide intervals in the drill core. The Company has received its new December 2021 samples back from the lab and is pleased to be reporting longer mineralized intervals at the Andrew Zone South, and Andrew Zone North.
Andrew Zone South
The Company is now reporting significant intervals of:
- 7.4m of 1.64 g/t Au (from 63.1m to 70.5m) at hole CL-21-25, or an increase of approximately 5m to the previously reported interval;
- 2.3m of 1.21 g/t Au (from 53.0m to 55.3m) closer to surface in hole CL-21-25;
- 4.5m of 2.62 g/t Au (from 50.4m to 55.1m) at hole CL-21-24 (which previously reported 3.9m of 2.91 g/t Au);
The updated cross-sections for holes CL-21-24 and CL-21-25 will be available on Rover's website in the coming days.
Andrew Zone North
The Company is now reporting a significant interval of:
- 6.4m of 1.88 g/t Au (from 37.6m to 44.0m) at hole CL-21-29, or an increase of approximately 3m to the previously reported interval
Judson Culter, CEO at Rover Metals, states, "the Andrew Zone has a surface strike length of approximately 800m from south to north, and is open at depth. Follow-up drilling is needed to further delineate this zone at depth."
Updated Tables of Significant Drill Results
| Hole | Sample ID | From | To | Interval | Au g/t | Zone |
| CL-21-24 | Y031579 | 50.37 | 51.00 | 0.63 | 0.78 | Andrew South |
| CL-21-24 | V748102 | 51.00 | 51.50 | 0.50 | 2.77 | Andrew South |
| CL-21-24 | V748103 | 51.50 | 52.01 | 0.51 | 0.15 | Andrew South |
| CL-21-24 | V748104 | 52.01 | 52.76 | 0.75 | 1.57 | Andrew South |
| CL-21-24 | V748105 | 52.76 | 53.10 | 0.34 | 3.63 | Andrew South |
| CL-21-24 | V748106 | 53.10 | 53.41 | 0.31 | 5.16 | Andrew South |
| CL-21-24 | V748107 | 53.41 | 53.80 | 0.39 | 1.79 | Andrew South |
| CL-21-24 | V748108 | 53.80 | 54.20 | 0.40 | 3.57 | Andrew South |
| CL-21-24 | V748109 | 54.45 | 54.77 | 0.32 | 6.11 | Andrew South |
| CL-21-24 | V748110 | 54.77 | 55.12 | 0.35 | 4.93 | Andrew South |
| Hole | Sample ID | From | To | Interval | Au g/t | Zone |
| CL-21-25 | V748125 | 53.00 | 53.45 | 0.45 | 1.64 | Andrew South |
| CL-21-25 | Y031568 | 53.45 | 53.96 | 0.51 | 0.22 | Andrew South |
| CL-21-25 | Y031569 | 53.96 | 54.72 | 0.76 | 1.95 | Andrew South |
| CL-21-25 | Y031570 | 54.72 | 55.26 | 0.54 | 0.75 | Andrew South |
| CL-21-25 | Y031571 | 63.07 | 63.51 | 0.44 | 0.06 | Andrew South |
| CL-21-25 | Y031572 | 63.51 | 63.95 | 0.44 | 3.39 | Andrew South |
| CL-21-25 | V748126 | 63.95 | 64.25 | 0.30 | 0.73 | Andrew South |
| CL-21-25 | Y031577 | 64.25 | 64.80 | 0.58 | 0.30 | Andrew South |
| CL-21-25 | Y031573 | 64.80 | 65.42 | 0.62 | 1.17 | Andrew South |
| CL-21-25 | V748127 | 65.42 | 65.88 | 0.46 | 1.72 | Andrew South |
| CL-21-25 | V748128 | 65.88 | 66.18 | 0.30 | 0.22 | Andrew South |
| CL-21-25 | V748129 | 66.18 | 66.58 | 0.40 | 2.16 | Andrew South |
| CL-21-25 | Y031574 | 66.58 | 67.09 | 0.51 | 0.18 | Andrew South |
| CL-21-25 | V748130 | 67.09 | 67.39 | 0.30 | 4.01 | Andrew South |
| CL-21-25 | V748131 | 67.39 | 67.76 | 0.37 | 0.41 | Andrew South |
| CL-21-25 | Y031575 | 67.76 | 68.00 | 0.24 | 0.12 | Andrew South |
| CL-21-25 | V748132 | 68.00 | 68.35 | 0.35 | 0.50 | Andrew South |
| CL-21-25 | V748133 | 68.35 | 68.68 | 0.33 | 0.64 | Andrew South |
| CL-21-25 | V748134 | 68.68 | 68.98 | 0.30 | 1.59 | Andrew South |
| CL-21-25 | V748135 | 68.98 | 69.68 | 0.70 | 4.27 | Andrew South |
| CL-21-25 | V748136 | 69.82 | 70.12 | 0.30 | 1.07 | Andrew South |
| CL-21-25 | V748137 | 70.12 | 70.46 | 0.34 | 5.55 | Andrew South |
| Hole | Sample ID | From | To | Interval | Au g/t | Zone |
| CL-21-29 | V748153 | 37.60 | 38.00 | 0.40 | 2.72 | Andrew North |
| CL-21-29 | V748154 | 38.00 | 38.40 | 0.40 | 4.75 | Andrew North |
| CL-21-29 | V748155 | 38.4 | 38.70 | 0.30 | 1.18 | Andrew North |
| CL-21-29 | V748156 | 38.70 | 39.10 | 0.40 | 4.83 | Andrew North |
| CL-21-29 | Y031583 | 39.10 | 39.37 | 0.27 | 0.39 | Andrew North |
| CL-21-29 | V748158 | 39.37 | 39.71 | 0.34 | 1.31 | Andrew North |
| CL-21-29 | V748159 | 39.71 | 40.09 | 0.38 | 5.61 | Andrew North |
| CL-21-29 | V748160 | 40.09 | 40.39 | 0.30 | 4.43 | Andrew North |
| CL-21-29 | V748161 | 40.39 | 40.82 | 0.43 | 0.60 | Andrew North |
| CL-21-29 | Y031589 | 40.82 | 41.70 | 0.88 | 1.06 | Andrew North |
| CL-21-29 | V748162 | 41.70 | 42.01 | 0.31 | 1.48 | Andrew North |
| CL-21-29 | Y031589 | 42.01 | 42.25 | 0.24 | 1.06 | Andrew North |
| CL-21-29 | V748165 | 42.97 | 43.37 | 0.40 | 0.92 | Andrew North |
| CL-21-29 | Y031585 | 43.37 | 44.00 | 0.63 | 0.47 | Andrew North |
Drill core is cut with half sent to ALS Global Laboratories (ALS) for crushing to <2 mm with 250 g split pulverized to -75 ?m (200#). ALS is an ISO 17025 accredited laboratory. A 30g change is fire assayed and analysed using AAS finish for Gold.
True thickness of the intervals reported herein have not been calculated, therefore, all intervals are reported as drill core intervals and should be considered apparent thicknesses. Program gold averages are reported at weighed averages.
Technical information in this news release has been approved by David White, P.Geo., Technical Advisor of Rover and a Qualified Person for the purposes of National Instrument 43-101.
About Rover Metals
Rover is a precious metals exploration company specialized in North American precious metal resources that is currently advancing the gold potential of its existing projects in the Northwest Territories of Canada (60th parallel). The Company completed Phase 2 Exploration at its 100% owned Cabin Gold Project ("Cabin") in 2021. The Company's secondary asset, the Up Town Gold Project (for which it retains a 25% ownership interest), also saw the completion of Phase 2 Exploration Drilling in Q4-2021, and the results are expected in Q1-2022. The Company anticipates commencing its Phase 3 Exploration Program at Cabin in March of this year.
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Website: https://www.rovermetals.com/
ON BEHALF OF THE BOARD OF DIRECTORS
"Judson Culter"
Chief Executive Officer and Director
For further information, please contact:
Email: info@rovermetals.com
Phone: +1 (778) 754-2617
Statement Regarding Forward-Looking Information
This news release contains statements that constitute "forward-looking statements." Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause Rover's actual results, performance or achievements, or developments in the industry to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects," "plans," "anticipates," "believes," "intends," "estimates," "projects," "potential" and similar expressions, or that events or conditions "will," "would," "may," "could" or "should" occur. There can be no assurance that such statements prove to be accurate. Actual results and future events could differ materially from those anticipated in such statements, and readers are cautioned not to place undue reliance on these forward-looking statements. Any factor could cause actual results to differ materially from Rover's expectations. Rover undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.
THE FORWARD-LOOKING INFORMATION CONTAINED IN THIS NEWS RELEASE REPRESENTS THE EXPECTATIONS OF THE COMPANY AS OF THE DATE OF THIS NEWS RELEASE AND, ACCORDINGLY, IS SUBJECT TO CHANGE AFTER SUCH DATE. READERS SHOULD NOT PLACE UNDUE IMPORTANCE ON FORWARD-LOOKING INFORMATION AND SHOULD NOT RELY UPON THIS INFORMATION AS OF ANY OTHER DATE. WHILE THE COMPANY MAY ELECT TO, IT DOES NOT UNDERTAKE TO UPDATE THIS INFORMATION AT ANY PARTICULAR TIME EXCEPT AS REQUIRED IN ACCORDANCE WITH APPLICABLE LAWS.
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