Rockridge Commences Follow-Up Drilling at its High-Grade Raney Gold Project and Reports Final Assay Results From its Summer Drilling Program

Vancouver, BC, Oct. 31, 2023 (GLOBE NEWSWIRE) -- Rockridge Resources Ltd. (TSX-V: ROCK) (OTCQB: RRRLF) (Frankfurt: RR0) (“Rockridge”) (the “Company”) is pleased to announce it has commenced follow-up drilling from the recently completed summer exploration program at its 100% owned Raney Gold Project located Southwest of Timmins, Ontario, Canada (the “Raney Gold Project” or “Property”). Additionally, the Company has received assay results for the final four holes from its 2,020 metre summer diamond drilling program. A total of eight drill holes were completed with the highlights below reporting assay results from the last four drill holes, which identified both extension along strike and at depth. The results from the summer program warranted follow-up work to be conducted so the Company has commenced drilling again at the project and is fully funded for several additional drill holes.

Highlights:

• The recently completed drill program entailed 2,020 metres in eight diamond drill holes, designed to evaluate the strike, depth and expansion potential of the high-grade zones of gold mineralization which warrants further drilling.
  
  
• Drill hole RN 23-28 intersected mineralization near surface and over multiple intercepts downhole.
  
  
• Drill hole RN 23-28 intersected 0.87 g/t gold over 4m starting at 178m depth including 2.71 g/t gold over 1m, and 0.36 g/t gold over 7m at 229m. Additional gold mineralization was intersected in hole RN 23-28 including 0.19 g/t gold over 4.5m starting at 24.5m depth.
  
  
• Rockridge has commenced a fully-funded, follow-up drilling program to further discover and delineate high-grade zones of gold mineralization as well as to add to the inventory of geological information to better understand the project’s potential moving forward.
  
  

Recently Commenced Follow-Up Drilling:

Rockridge has commenced a fully-funded, additional phase of drilling to follow-up on the recently completed summer drilling campaign at the high-grade Raney Gold Project. The planned phase of drilling is aimed to fill gaps within areas of known mineralization and to ultimately design a larger program to further evaluate the strike, depth and expansion potential of the high-grade zones of gold mineralization discovered from previous programs. The follow-up drilling has just commenced and will provide additional news flow over the coming weeks and months.