Rockridge Discovers High-Grade Gold 250m West of Main Zone; Intersects 2.4 g/t Au over 7.5m and 11.7 g/t Au over 1.0m at the High-Grade Raney Gold Project

Vancouver, BC, Oct. 17, 2023 (GLOBE NEWSWIRE) -- Rockridge Resources Ltd. (TSX-V: ROCK) (OTCQB: RRRLF) (Frankfurt: RR0) (“Rockridge”) (the “Company”) is pleased to announce that it has completed a 2,020 metre diamond drilling program at its 100% owned Raney Gold Project located Southwest of Timmins, Ontario, Canada (the “Raney Gold Project” or “Property”). A total of 8 drill holes were completed to evaluate the down plunge and strike extent of the Raney High-Grade Gold Zone. Highlights below show assay results from the first 4 drill holes as the Company awaits assay results and geological interpretation from the remaining 4 holes.

Highlights:

• Drill hole RN 23-22 returned 2.4 g/t gold over 7.5m starting at 249m, including 11.7 g/t gold over 1.0m from 251m. This represents a new exploration target at Raney Project at depth with some of the highest grade gold being discovered near the bottom of the hole.
  
  
• Drill hole RN 23-22 also returned 1.01 g/t gold over 7.5m starting at 177m including 4.02 g/t gold over 1.5m from 178m
  
  
• Drill hole RN 23-21 returned 1.5 g/t gold over 4.5m from 145.5m as well as 1.2 g/t gold over 2.5m starting at 160m
  
  
• The Company continues to successfully discover and delineate zones of gold mineralization along strike and at depth from the Main Raney Zone
  
  
• Assays are pending for another 4 drill holes and the Company is planning a fully-funded, follow-up winter exploration programs
  
  

Rockridge’s CEO, Jon Wiesblatt, commented: “We are very pleased with the initial results from the recently completed drilling at Raney as we continue to intersect high-grade gold mineralization with the mineralized trend remaining open along strike and at depth. Drill hole RN 23-22 is noteworthy as it illustrates the discovery potential at depth with some of the strongest mineralization at the end of the hole. The project hosts robust discovery upside potential and warrants more drilling to continue testing and delineating these zones of gold mineralization. As we await the results from the final drill holes, we are planning a follow-up phase of exploration this winter at the road-accessible Raney Project.”