Rockridge Stakes Additional Ground at the Knife Lake Copper Project, Saskatchewan

VANCOUVER, British Columbia, April 12, 2021 (GLOBE NEWSWIRE) -- Rockridge Resources Ltd. (TSX-V: ROCK) (OTCQB: RRRLF) (Frankfurt: RR0) (“Rockridge” or the “Company”) is pleased to announce that it has recently acquired additional mineral rights through staking at its Knife Lake Copper Project located in Saskatchewan, Canada (the “Knife Lake Project” or “Property”). The Knife Lake Project, now consisting of 81 dispositions totaling 55,471 hectares (137,069 acres), is an advanced-stage copper, silver, zinc and cobalt exploration property in Saskatchewan. With the recent staking, the Company has increased the project area by 70% from 32,663 hectares (80,712 acres).

Knife Lake Claims Map:
https://www.rockridgeresourcesltd.com/_resources/images/Knife-Lake-Reg ...

Based on encouraging observations made during the current drill program the newly acquired claims are considered to be highly prospective for VMS mineralization. The staking completed has added to the land package south of the Knife Lake deposit and Gilbert Lake target areas, which is where most of the drilling in this current drill program has been focused. Additional claims from this staking have also strengthened the land package to the northwest of the Knife Lake deposit where base metals have been encountered historically. The southern property border is now only 5 km from a high-voltage powerline.

Highlights

• The Company has increased the project area by 70% from 32,663 hectares (80,712 acres) to 55,471 hectares (137,069 acres)
  
  
• Recently expanded the drill program from 1,600 metres (6 to 8 drill holes) to 2,100 metres (10 to 12 drill holes) after encountering visible mineralization in the first several holes
  
  
• Drilling will focus on discovering VMS style copper deposits along newly defined conductors as well as at depth, underneath the Knife Lake VMS deposit
  
  
• Gilbert Lake North and South targets are being drill tested and represent new exploratory target areas with very little historical exploration carried out
  
  
• Infill drilling is also planned in the immediate area of the 2019 maiden resource at the Knife Lake deposit
  
  
• Rockridge completed first work program in the last ~20 years in 2019, with highlight results including 2.03% Cu, 9.88 g/t Ag, 0.19 g/t Au, 0.36% Zn, and 0.01% Co (2.42% CuEq) over 37.6m beginning at 11.2m in hole KF19003
  
  
• Deposit is thought to be a remobilized portion of a “primary” VMS deposit; most of the historical work has consisted of shallow drilling at the deposit area with little regional work carried out and limited deeper drilling below the deposit