Category: Rover Metals

Rover Metals Announces Infill And Delineation of the New Andrew Zone at Cabin Gold, NT, Canada

Post author By admin
Post date January 13, 2022

Andrew South – Drill Plan View

Andrew North – Drill Plan View

VANCOUVER, British Columbia, Jan. 13, 2022 (GLOBE NEWSWIRE) — Rover Metals Corp. (TSXV: ROVR) (OTCQB: ROVMF) (FRA:4XO) (“Rover” or the “Company”) is pleased to report on the Phase 2 Exploration Program at its 100% owned Cabin Gold Project, NT, Canada. The focus of the Phase 2 Exploration Program was to discover and delineate new gold mineralized zones along the Bugow Iron Formation, the controlling structure for gold at the Cabin Gold Project. The Company is pleased to announce that its exploration program has been able to confirm and expand the historic gold grades at the Andrew South, Andrew Middle, and Andrew North Targets. The expansion includes an increase to the historical average gold grades reported across all of these historic targets. Rover has grouped the north, middle and south bounds of Andrew into a new single Andrew Zone, which extends 800 meters from south to north at surface. The map of the Bugow Iron Formation on the Company’s website has been updated to show the location of the new Andrew Zone. The south end of the Andrew Zone is situated roughly 500 meters northeast of the Beaver Zone. The Beaver Zone was featured in the Company’s December 7, 2021, release. The Company has now reported on the discovery of three medium-to-high grade mineralized gold zones at Cabin: the Arrow, Beaver, and Andrew Zones, all open at depth, and along strike.

Andrew Zone Expansion

Andrew South

The Company is reporting multiple near-surface medium-to-high grade gold at the newly defined Andrew Zone which extends 800 meters from south to north along the Bugow Iron Formation. Highlights of Phase 2 drilling at Andrew South include: new drill hole CL-21-21 which reported 2.9m of 5.09 g/t Au (from 70.65m to 76.8m), including 2.2m of 6.42 g/t Au and deeper in hole CL-21-21, reporting 4.7m of 3.38 g/t Au (from 88.80m to 94.00m). As of the date of this release, the Company has sent in additional samples for assaying from hole CL-21-21, as the gold mineralization is recognized to extend past the sulfide intervals of the drill core, which is a first for the project. The new assays, once received, will be part of a future updating release, and could extend the reported high-grade gold intervals at the southern part of Andrew. Additional highlights at Andrew include: new hole CL-21-24 which reported 3.9m of 2.91 g/t Au (from 51.00m to 55.12m); new hole CL-21-19 which reported 3.1m of 2.57 g/t Au (from 62.2m to 65.3m) and deeper in hole CL-21-19 reporting 1m of 2.06 g/t Au (from 93.3m to 94.3m); new hole CL-21-20 which reported 0.4m of 6.11 g/t Au (from 90.8m to 91.2m); and new hole CL-21-25 which reported 2.3m of 2.61 g/t Au (from 68.0m to 70.5m). As noted below, in the drill result tables, there are multiple well mineralized drill intercepts at the south part of the Andrew Zone that are reported in additional new holes (see CL-21-22, CL-21-22, CL-21-23 in the tables below). As of the date of this release, the Company has also sent additional samples from hole CL-21-25 to the lab for assaying.

Andrew North
Highlights from drilling at the northern part of the Andrew Zone include new hole CL-21-27 which reported 4.3m of 4.14 g/t Au (from 17.8m to 22.8m); new hole CL-21-29 which reported 3.0m of 3.2 g/t Au (from 37.6m to 40.8m) and multiple additional medium-to-high grade gold intercepts at deeper depth from this same hole, as reported in the drill result tables below. As of the date of this release, the Company has sent additional samples to the lab from hole CL-21-29. Additional highlights include new hole CL-21-28 which reported 3.2m of 1.19 g/t Au (from 38.8m to 42.8m).

The results, both confirm and expand upon, 1980s historical drilling at Andrew, and have returned higher grades than historical results. The historical drill holes and new holes from Andrew South and Andrew North can be referenced in the drill plan views below. A table of significant Andrew Zone drill assay results, greater than 0.5 g/t Au, listed by hole and interval, can be found near the end of this release. For purposes of the calculations of the highlighted intervals in this release, Rover considers results above 0.50 g/t Au to be of significance.

Drill Plan View – Andrew Zone (South)

https://www.globenewswire.com/NewsRoom/AttachmentNg/5471528e-1877-4826-a79f-6bcb67ff9103

CL-21-19/20 Cross Sections
CL-21-21/22 Cross Sections
CL-21-23/24/25 Cross Sections

Drill Plan View – Andrew Zone (North)

https://www.globenewswire.com/NewsRoom/AttachmentNg/89c4e560-a35e-4444-9045-a3dbe0be5329

CL-21-26 Cross Section
CL-21-27/28 Cross Sections
CL-21-29 Cross Section

The Company’s working hypothesis is that the near surface Andrew Zone extends 800 meters, from south to north. There was significant drilling along the middle of the Andrew Zone in the 1940s. Unfortunately, none of the historical drill records have survived. The Company tested its hypothesis during its Phase 2 Exploration Program, by drilling two drill holes in the centre of the Andrew Zone. As of the date of this release, the Company has sent additional samples from both hole CL-21-30 and CL-21-31 to the lab for assaying as the gold mineralization is recognized to extend past the sulphide intervals in the drill core. The results from Andrew middle will form part of an updating release.

Judson Culter, CEO at Rover Metals, states “We are very pleased to have made the discovery of a third significant zone at the Cabin Gold project. In total, there is over 1,000 meters of surface strike length, that is open along strike (Beaver) and at depth (Arrow, Beaver and Andrew), across all defined zones on the project (Arrow, Beaver and Andrew). We expect the 2022 Phase 3 Exploration Program at the Cabin Gold project to focus on the highest grade gold areas of these zones.”

Tables of Significant Drill Results

Hole	Easting	Northing	Elev	Total Depth	Dip	Azimuth	Zone
CL-21-19	559,189.00	7,006,213.00	181.7	100	-45	230	Andrew South
CL-21-20	559,189.00	7,006,213.00	181.7	152	-60	230	Andrew South
CL-21-21	559,189.00	7,006,213.00	181.7	130	-45	190	Andrew South
CL-21-22	559,170.00	7,006,165.00	181.7	104	-45	190	Andrew South
CL-21-23	559,170.00	7,006,165.00	181.7	53	-45	230	Andrew South
CL-21-24	559,170.00	7,006,165.00	181.7	59	-65	230	Andrew South
CL-21-25	559,202.00	7,006,198.00	181.5	101	-45	220	Andrew South
CL-21-26	558,606.00	7,006,655.00	188.8	47	-45	85	Andrew North
CL-21-29	558,606.00	7,006,655.00	188.8	50	-50	10	Andrew North
CL-21-27	558,606.00	7,006,655.00	188.8	34	-45	55	Andrew North
CL-21-28	558,606.00	7,006,655.00	188.8	47	-60	55	Andrew North
CL-21-30	558,999.00	7,006,228.00	185.5	47	-45	220	Andrew Middle
CL-21-31	558,999.00	7,006,228.00	185.5	26	-45	260	Andrew Middle

Hole	Sample ID	From	To	Interval	Au g/t	Zone
CL-21-19	V748041	62.20	62.76	0.56	6.24	Andrew South
CL-21-19	V748042	62.76	63.00	0.24	1.1	Andrew South
CL-21-19	V748043	63.00	63.29	0.29	0.88	Andrew South
CL-21-19	V748044	63.29	63.59	0.3	1.96	Andrew South
CL-21-19	V748045	63.59	64.00	0.41	4.19	Andrew South
CL-21-19	V748046	64.00	64.35	0.35	2.73	Andrew South
CL-21-19	V748047	64.35	64.68	0.33	0.37	Andrew South
CL-21-19	V748048	64.68	64.98	0.3	0.94	Andrew South
CL-21-19	V748049	64.98	65.32	0.34	1.02	Andrew South
CL-21-19	V748058	93.32	93.64	0.32	0.71	Andrew South
CL-21-19	V748059	93.64	94.00	0.36	3.67	Andrew South
CL-21-19	V748060	94.00	94.3	0.30	1.56	Andrew South

Hole	Sample ID	From	To	Interval	Au g/t	Zone
CL-21-20	V748067	90.86	91.26	0.4	6.11	Andrew South

Hole	Sample ID	From	To	Interval	Au g/t	Zone
CL-21-21	V748071	70.65	70.98	0.33	0.76	Andrew South
CL-21-21	V748072	70.98	71.3	0.32	0.35	Andrew South
CL-21-21	V748073	71.3	71.61	0.31	6.98	Andrew South
CL-21-21	V748074	71.61	72.03	0.42	3.89	Andrew South
CL-21-21	V748075	75.31	75.61	0.30	17.6	Andrew South
CL-21-21	V748076	75.61	76.00	0.39	10.4	Andrew South
CL-21-21	V748077	76.00	76.42	0.42	2.23	Andrew South
CL-21-21	V748078	76.42	76.8	0.38	0.48	Andrew South
CL-21-21	V748087	92.23	92.93	0.70	2.78	Andrew South
CL-21-21	V748088	92.93	93.33	0.40	1.77	Andrew South
CL-21-21	V748089	93.33	94.00	0.67	2.67	Andrew South

Hole	Sample ID	From	To	Interval	Au g/t	Zone
CL-21-22	V748090	42.4	42.88	0.48	0.84	Andrew South
CL-21-22	V748091	42.88	43.18	0.3	0.39	Andrew South
CL-21-22	V748092	43.18	43.61	0.43	1.16	Andrew South
CL-21-22	V748093	43.61	44.10	0.49	1.43	Andrew South
CL-21-22	V748094	44.10	44.40	0.30	0.95	Andrew South
CL-21-22	V748095	44.40	44.67	0.27	1.8	Andrew South
CL-21-22	V748096	44.67	45.01	0.34	0.57	Andrew South
CL-21-22	V748097	45.01	45.36	0.35	1.94	Andrew South
CL-21-22	V748098	45.36	45.71	0.35	0.43	Andrew South

Hole	Sample ID	From	To	Interval	Au g/t	Zone
CL-21-23	V748117	41.98	42.44	0.46	0.89	Andrew South
CL-21-23	V748118	42.44	42.75	0.31	0.52	Andrew South
CL-21-23	V748119	42.75	43.15	0.40	0.80	Andrew South
CL-21-23	V748120	43.15	43.90	0.75	1.05	Andrew South
CL-21-23	V748121	43.90	44.30	0.40	1.88	Andrew South
CL-21-23	V748123	44.30	44.62	0.32	0.52	Andrew South

Hole	Sample ID	From	To	Interval	Au g/t	Zone
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	V748126	63.95	64.25	0.30	0.73	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	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	V748132	68	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-21-26	V748185	28.0	28.8	0.80	1.85	Andrew North
CL-21-26	V748186	28.8	29.47	0.67	0.52	Andrew North

Hole	Sample ID	From	To	Interval	Au g/t	Zone
CL-21-27	V748139	17.83	18.20	0.37	0.57	Andrew North
CL-21-27	V748140	18.2	18.52	0.32	6.32	Andrew North
CL-21-27	V748141	18.52	18.83	0.31	2.44	Andrew North
CL-21-27	V748142	18.83	19.11	0.28	9.2	Andrew North
CL-21-27	V748143	19.11	19.47	0.36	4.1	Andrew North
CL-21-27	V748144	19.47	19.79	0.32	1.64	Andrew North
CL-21-27	V748145	20.00	20.33	0.33	1.06	Andrew North
CL-21-27	V748146	20.33	20.75	0.42	14.65	Andrew North
CL-21-27	V748147	20.75	21.03	0.28	1.81	Andrew North
CL-21-27	V748148	21.25	21.61	0.36	0.78	Andrew North
CL-21-27	V748149	21.92	22.40	0.48	3.48	Andrew North
CL-21-27	V748150	22.40	22.84	0.44	2.64	Andrew North

Hole	Sample ID	From	To	Interval	Au g/t	Zone
CL-21-28	V748176	38.81	39.25	0.44	0.93	Andrew North
CL-21-28	V748177	39.25	39.82	0.57	0.27	Andrew North
CL-21-28	V748178	40.60	41.00	0.40	2.97	Andrew North
CL-21-28	V748179	41.00	41.59	0.59	1.05	Andrew North
CL-21-28	V748180	41.59	41.97	0.38	0.31	Andrew North
CL-21-28	V748181	41.97	42.36	0.39	2.63	Andrew North
CL-21-28	V748182	42.36	42.79	0.43	0.71	Andrew North

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	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	V748162	41.70	42.01	0.31	1.48	Andrew North
CL-21-29	V748165	42.97	43.37	0.40	0.92	Andrew North

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.

Stock Option Grant to Advisor
The Company has made a stock option grant of 350,000 stock options to Robert Schafer, an advisor to the Company. The stock options have an exercise price of $0.06, vest monthly over 12 months, and have a four-year useful life. Mr. Schafer has nearly 40 years of experience in the mineral industry, working in the international sector with both major and junior mining companies. He is founder and Managing Director of Eagle Mines Management, a globally active private natural resources corporation. He has held executive and senior management positions with Hunter Dickinson Inc., Kinross Gold Corp., and BHP Minerals over the past 20 years. Throughout his career Mr. Schafer has worked internationally, with notable experience in the far east of Russia, Southern Africa, South America and Australia.

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 (60^th parallel). The Company commenced Phase 2 Exploration at its 100% owned Cabin Gold Project in the summer of 2021, and the analysis and reporting of the Phase 2 Exploration work at Cabin Gold continues through to the date of this release.

You can follow Rover on its social media channels:
Twitter: https://twitter.com/rovermetals
LinkedIn: https://www.linkedin.com/company/rover-metals/
Facebook: https://www.facebook.com/RoverMetals/
for daily company updates and industry news, and
YouTube: https://www.youtube.com/channel/UCJsHsfag1GFyp4aLW5Ye-YQ?view_as=subscriber
for corporate videos.

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.

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OF THIS RELEASE.

Tags #JudsomCulter, #RoverMetals, #ROVR

Junior Mining Rover Metals

Rover Metals Announces $100,000 Government Exploration Grant for Cabin Gold Project, NT, Canada

Post author By admin
Post date December 14, 2021

VANCOUVER, British Columbia, Dec. 14, 2021 (GLOBE NEWSWIRE) — Rover Metals Corp. (TSXV: ROVR) (OTCQB: ROVMF) (FRA:4X0) (“Rover” or the “Company”) is pleased to announce that it has received a $100,000 exploration grant for its Cabin Gold Project, NT, Canada from the Government of the Northwest Territories’ Mining Incentive Program (“MIP”). MIP received additional 2021 funding from the Canadian Northern Economic Development Agency (CanNor) under its mandate to ensure that mineral resource exploration and development continues to flourish in the north.

In July 2021, Rover commenced a Phase 2 Exploration Program at the Cabin Gold Project. The goal of the Phase 2 Exploration Program was the discovery and definition of new, near surface, gold bearing zones along the Bugow Iron Formation. As released on December 6, 2021, the Company has delineated a second medium-to-high grade zone at the Beaver Zone, highlights which included 6.4 meters of 4.63 g/t Au (from 42.6m to 49.0m), including 2.6 meters of 7.80 g/t Au. The Beaver Zone will see expansion drilling commencing in Q1-2022.

(*) As per Section 2.4 of NI 43-101, Aber Resources Ltd. reported a mineral inventory (that does not compare to the current CIM Definitions Standards mineral resource categories) of 100,000 tons at 0.30 ounces per ton gold at the Cabin Lake Gold Zone on the north limb of the folded Bugow Iron Formation in their 1986 and 1987 annual reports. The parameters used for the resource calculation are unknown. These results are relevant as to delineate a larger zone of gold mineralization at the Cabin Lake Gold Zone, but further drilling is needed to bring the mineral inventory up to CIM Definition Standards. The reader is cautioned that a Qualified Person has not done sufficient work to classify the historical estimates as current mineral resources and Rover Metals is not treating the historical estimates as current mineral resources.

Judson Culter, CEO at Rover Metals, states “adding $100,000 to our working capital sets us up for success in Q1-2022 as we focus on expansion drilling at the highest-grade gold zones on the Cabin Gold Project. Receiving tailwinds like these from government really make us feel excited about the future of this project.”

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 (60^th parallel). The Company commenced Phase 2 Exploration at its 100% owned Cabin Gold Project in the summer of 2021, and Phase 2 Exploration work continues at Cabin Gold through to the date of this release.

You can follow Rover on its social media channels:
Twitter: https://twitter.com/rovermetals
LinkedIn: https://www.linkedin.com/company/rover-metals/
Facebook: https://www.facebook.com/RoverMetals/ for daily company updates and industry news, and
YouTube: https://www.youtube.com/channel/UCJsHsfag1GFyp4aLW5Ye-YQ?view_as=subscriber for corporate videos.
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

Tags Anderson South Zone, Arrow Zone, Beaver Zone, Cabin Gold Project, Judson Culter, Rover Metals, ROVR

Exclusive Interviews Junior Mining Rover Metals

Rover Metals – A Gold Mine in the Making

Post author By admin
Post date December 8, 2021

TRANSCRIPT PENDING

Tags Andre Zone, Arrow Zone, Beaver Zone, Cabin Gold Project, Judson Culter, maurice jackson, proven and probable, Rover Metals

Junior Mining Precious Metals Rover Metals

Rover Metals Announces Infill And Delineation of Historic Beaver Zone at Cabin Gold, NT, Canada

Post author By admin
Post date December 7, 2021

Beaver Zone – Drill Plan View

VANCOUVER, British Columbia, Dec. 07, 2021 (GLOBE NEWSWIRE) — Rover Metals Corp. (TSXV: ROVR) (OTCQB: ROVMF) (FRA:4X0) (“Rover” or the “Company”) is pleased to report on the Phase 2 Exploration Program at its 100% owned Cabin Gold Project, NT, Canada. The focus of the Phase 2 Exploration Program was to discover and delineate new gold zones along the Bugow Iron Formation, the controlling structure for gold at the Cabin Gold Project. The Company is pleased to announce that it has been able to achieve expansion of the economic gold grades at the historic Beaver Zone. The Beaver Zone is situated roughly 400 meters northwest of the Arrow Zone, which was the focus of the Company’s exploration efforts in 2020. In November 2020, the Arrow Zone was delineated as a near surface, 120-meter high-grade ore shoot, open at depth. The Beaver Zone, currently defined as approximately 90 meters in near surface length, is showing potential to extend south-east into the high-grade Arrow Zone, as well as being open to the northwest, and at depth.

Beaver Zone Expansion
The Company is reporting multiple near-surface intercepts of economic gold grades at the Beaver Zone. Highlights of Phase 2 drilling include: new drill hole CL-21-10 which reported 6.4 meters of 4.63 g/t Au (from 42.6m to 49.0m), including 2.6 meters of 7.80 g/t Au; new drill hole CL-21-15 which reported 5.8 meters of 2.13 g/t Au (from 50.0m to 55.8m); new drill hole CL-21-39 which reported 4.6 meters of 2.21 g/t Au (from 11.0m to 15.6m); and new drill hole CL-21-40 which reported 4.5 meters of 0.84 g/t Au (from 13.8m to 18.3m). The results, both confirm and expand upon, historical drilling at Beaver in the 1980s, and have returned higher grades than historical results. The historical drill holes and new holes can be referenced in the drill plan for the Beaver Zone below. A table of significant Beaver Zone drill results greater than 0.5 g/t Au listed by hole and interval can be found at the bottom of this release.

Drill Plan View – Beaver Zone

CL-21-10/11 Cross Sections
CL-21-13/14 Cross Sections
CL-21-15 Cross Section
CL-21-16 Cross Section
CL-21-39/40 Cross Sections

The Company’s working hypothesis is that there is a conceptual ore shoot at Beaver trending, and dipping to the northwest in a similar fashion and direction as the Arrow Zone, which lies 400 meters to the southeast of Beaver. The Company commenced an IP ground survey on November 28^th, 2021, across the Beaver and Arrow Zones to assist in 3D modelling of the gold mineralization for the delineation of the Phase 3 drill targets for Q1-2022.

Map of Beaver Zone and Arrow Zone IP Survey Lines

Judson Culter, CEO at Rover Metals, states: “We are very pleased to have the workings of a new medium-to-high grade ore shoot at Beaver. The goal of the Phase 2 Program at Cabin was to open-up the 15 km of near surface iron formation at the project, and to delineate additional zones for a deeper Phase 3 drill program in Q1-2022. We believe that in addition to our success in the Beaver Zone we are poised for significant expansion of gold mineralization at the historic Andrew Zone as well. Based on the initial sampling results received from the Andrew Zone, we have sent more samples to the lab as we believe the mineralized intervals are longer than what initially sampled in the field at the start of the program. A map of the Bugow Iron Formation, showing the current understanding and interpretation of the delineated zones as well as new 2021 IP anomaly discoveries can be found below.”

Map of the Bugow Iron Formation

Tables of Significant Drill Results

Hole ID	Easting83z11	Northing83z11	Elevation (m)	Total Depth	Dip	Azimuth
CL-21-10	559060	7005770	176	74	-45	230
CL-21-11	559061	7005770	176	146	-65	230
CL-21-12	559062	7005769	176	93.75	-55	195
CL-21-13	559020	7005800	175	62	-45	230
CL-21-14	559020	7005800	175	95	-65	230
CL-21-15	559020	7005800	175	83	-45	190
CL-21-16	559020	7005800	175	80	-45	260
CL-21-39	559067	7005755	177	53	-45	230
CL-21-40	559067	7005755	177	77	-55	250

Hole ID	Sample ID	From (m)	To (m)	Interval (m)	Au (g/t)
CL-21-10	V749212	42.6	43.1	0.5	1.17
CL-21-10	V749213	43.1	43.6	0.5	1.62
CL-21-10	V749214	43.6	44.1	0.5	0.95
CL-21-10	V749215	44.1	44.6	0.5	2.88
CL-21-10	V749216	44.6	45.1	0.5	7.32
CL-21-10	V749218	45.1	45.6	0.5	6.51
CL-21-10	V749219	45.6	45.9	0.3	22.40
CL-21-10	V749217	45.9	46.4	0.5	5.40
CL-21-10	V749221	46.4	46.7	0.3	8.33
CL-21-10	V749222	46.7	47.2	0.5	1.43
CL-21-10	V749223	47.2	47.7	0.5	0.42
CL-21-10	V749224	47.7	48.2	0.5	1.45
CL-21-10	V749225	48.2	49.0	0.8	7.30

Hole ID	Sample ID	From (m)	To (m)	Interval (m)	Au (g/t)
CL-21-13	V749421	41.57	41.97	0.40	0.51
CL-21-13	V749422	41.97	42.38	0.41	0.20
CL-21-13	V749423	42.38	42.75	0.37	3.39
CL-21-13	V749424	42.75	43.09	0.34	0.31
CL-21-13	V749425	43.09	43.59	0.50	0.04
CL-21-13	V749426	43.59	44.00	0.41	1.78
CL-21-13	V749427	44.00	44.53	0.53	0.76

Hole ID	Sample ID	From (m)	To (m)	Interval (m)	Au (g/t)
CL-21-14	V749467	70.70	71.00	0.30	0.62
CL-21-14	V749468	71.00	71.43	0.43	0.51
CL-21-14	V749469	71.43	71.81	0.38	1.52
CL-21-14	V749470	71.81	72.16	0.35	0.41
CL-21-14	V749471	72.16	72.56	0.40	1.59
CL-21-14	V749472	72.56	72.9	0.34	5.48

Hole ID	Sample ID	From (m)	To (m)	Interval (m)	Au (g/t)
CL-21-15	V749507	50.00	50.50	0.50	0.70
CL-21-15	V749508	50.50	51.03	0.53	1.10
CL-21-15	V749509	51.03	51.48	0.45	0.41
CL-21-15	V749510	51.48	52.16	0.68	0.39
CL-21-15	V749511	52.16	52.87	0.71	5.05
CL-21-15	V749512	52.87	53.23	0.36	9.64
CL-21-15	V749513	53.23	53.63	0.40	4.29
CL-21-15	V749514	53.63	53.97	0.34	1.54
CL-21-15	V749515	53.97	54.29	0.32	0.45
CL-21-15	V749516	54.29	54.62	0.33	2.79
CL-21-15	V749517	54.62	55.36	0.74	0.21
CL-21-15	V749518	55.36	55.75	0.39	0.83

Hole ID	Sample ID	From (m)	To (m)	Interval (m)	Au (g/t)
CL-21-39	V748418	11.00	11.90	0.90	1.39
CL-21-39	V748419	11.90	12.20	0.30	0.96
CL-21-39	V748420	12.20	12.94	0.74	0.61
CL-21-39	V748421	12.94	13.36	0.42	1.13
CL-21-39	V748422	13.36	14.00	0.64	7.96
CL-21-39	V748423	14.00	14.52	0.52	2.72
CL-21-39	V748424	14.52	15.00	0.48	1.60
CL-21-39	V748425	15.00	15.62	0.62	0.74

Hole ID	Sample ID	From (m)	To (m)	Interval (m)	Au (g/t)
CL-21-40	V748392	43.53	43.83	0.30	4.09
CL-21-40	V748393	43.83	44.29	0.46	3.17
CL-21-40	V748394	44.29	44.57	0.28	1.71
CL-21-40	V748395	44.57	45.10	0.53	1.03
CL-21-40	V748396	45.10	45.47	0.37	1.43
CL-21-40	V748397	45.47	45.93	0.46	2.99
CL-21-40	V748398	45.93	46.60	0.67	0.25
CL-21-40	V748399	46.60	47.15	0.55	0.69

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 (60^th parallel). The Company commenced Phase 2 Exploration at its 100% owned Cabin Gold Project in the summer of 2021, and Phase 2 Exploration work continues at Cabin Gold through to the date of this release.

You can follow Rover on its social media channels:

Twitter: https://twitter.com/rovermetals
LinkedIn: https://www.linkedin.com/company/rover-metals/
Facebook: https://www.facebook.com/RoverMetals/
for daily company updates and industry news, and
YouTube: https://www.youtube.com/channel/UCJsHsfag1GFyp4aLW5Ye-YQ?view_as=subscriber
for corporate videos.
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 be 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.

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OF THIS RELEASE.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/65eb889b-c20a-41f7-a720-8d6868e69274

Tags Beaver Zone, Cabin Gold Project, Judson Culter, maurice jackson, proven and probable

Junior Mining Rover Metals

ROVER METALS | Phase 2 Exploration Drilling Now Complete at Up Town Gold Project, NWT, Canada

Post author By admin
Post date November 22, 2021

Vancouver, British Columbia – (November 22, 2021) – Rover Metals Corp. (TSXV: ROVR) (OTCQB: ROVMF) (FRA:4X0) (“Rover” or the “Company”) is pleased to announce that Phase 2 Exploration Drilling is now complete at the Up Town Gold project, NWT, Canada (60^th parallel). The Company optioned a 75% interest (“Option Agreement”) in the project to Arctic Fox Minerals Corp. (“Arctic Fox”) (formerly Melius Capital Corp). Arctic Fox is seeking a public listing of its shares on the Canadian Securities Exchange (the “CSE”).

Up Town Gold Project
The Up Town Gold project is located on the outskirts of city limits of the city of Yellowknife. The Up Town Gold project is an Archean lode-gold prospect adjoining the historic 7.2 million ounces¹ (0.564 ounces per tonne Au or 16 g/t Au) Giant Mine gold deposit in Yellowknife, Northwest Territories and Gold Terra Resources’ (TSXV: YGT) Yellowknife City Gold Project. The 3,227 hectare property hosts ten high-grade gold occurrences. Most work to date has been conducted at the Rod Zone and Fox South Zone. The Rod Zone was drilled to a shallow depth in the 1960’s and mined on a small scale in 1979 by previous owners. Recent historic surface sampling at the Rod Vein returned grab samples up to 318 g/t Au and channel samples up to 1.20 m @ 17.27 g/t Au². Drilling by Rover in 2017 at the Rod Zone returned significant gold intersections in all of three holes drilled with best results of 5.4 m @ 4.28 g/t Au including 0.9 m @ 22.10 g/t Au (Rover Metals Press Release dated October 4, 2017). At the Fox South Zone, a different style of wide, disseminated, shear zone hosted mineralization returned historic surface samples up to 30.3 g/t Au. Rover drilled the Fox South Zone in 2017 with best results of 7.1 m @ 0.62 g/t Au including 0.3 m @ 5.12 g/t Au.

Silke, R. 2009. The Operational History of Mines in the Northwest Territories, Canada. Tables 3,4,5,and 6 from pages 266, 269, and 270.
The Up Town Gold property contains eight principal showings documented in the NWT mineral showing database (NORMIN).

Phase 2 Exploration Drill Program
Artic Fox returned to the Fox South Zone, drilling multiple holes collared along the existing defined strike of the shear zone (that was the focus of the drilling completed in Q3-2017 by Rover). Successful results from these holes would increase the Fox South Zone by an additional 125 meters along strike to the south. Two new targets were also drilled during the program. The R45 Target, which is located south of Baker Lake and is a silicified shear that was historically trenched for 60 meters. Also, the Baker West Target, a 300-meter-long shear located near the western shore of Baker Lake.

Drilling was also completed at the historic No.22 Vein, located south of the Rod Zone. Surface sampling complete in 1965 returned 2.74 oz./T over 2.5 feet (94 g/t Au over 0.76 meters)³. In 2015, a chip sample collected near the vein returned 37.2 g/t Au over 0.2 meters⁴.

Schiller, E.A. and Hornbrook, EH., (1965), Mineral Industry of the District of Mackenzie 1963. Geological Survey of Canada Paper 64‐22.
Power, M., (2016), Exploration Program at the Up Town Gold Project; Assessment Report submitted for Claims UTG 1-6 (K15961-K15966)

Historic property scale geochemical and geophysical surveys defined several structural corridors localizing the principal gold showings. Mineralization at the Up Town Gold property is granitoid-hosted and belongs to the class of Archean granitoid-hosted lode gold deposits. Prominent examples include Woodcutters Goldfields in Australia; Buzwagi in Tanzania; Renabie, Cote Lake, Hammond Reef and Hasaga in Ontario; and several mines in the Bourlamarque Batholith in Quebec.

Judson Culter, CEO at Rover Metals, states “We are expecting results from the Phase 2 Drill Program at Up Town Gold in Q1-2022, and we are wishing Arctic Fox the best of luck with their proposed listing on CSE.”

Technical information in this news release has been approved by David White, P.Geo., Technical Advisor of Rover and Arctic Fox and a Qualified Person for the purposes of National Instrument 43-101.

Advisor Agreements
The Company has received approval from the TSXV to issue common shares to two of its advisors as payment settlement for their services. Robert Schafer’s advisory services of $7,500, for the period of July 1, 2021 to September 30, 2021, will be paid through the issuance of 113,242 common shares as full payment settlement. The shares will bear a four-month regulatory hold period from the date of issuance. Abingdon Capital’s advisory services of $7,500, for the period of July 1, 2021 to September 30, 2021, will be paid through the issuance of 113,242 common shares as full payment settlement. The shares will bear a four-month regulatory hold period from the date of issuance.

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 (60^th parallel). The Company commenced Phase 2 Exploration at its 100% owned Cabin Gold Project in the summer of 2021, and exploration work continues at Cabin Gold through to the date of this release.

You can follow Rover on its social media channels:
Twitter: https://twitter.com/rovermetals
LinkedIn: https://www.linkedin.com/company/rover-metals/
Facebook: https://www.facebook.com/RoverMetals/
for daily company updates and industry news, and
YouTube: https://www.youtube.com/channel/UCJsHsfag1GFyp4aLW5Ye-YQ?view_as=subscriber
for corporate videos.
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 be 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.

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OF THIS RELEASE.

Tags Cabin Gold Project, Judson Culter, maurice jackson, proven and probable, Rover Metals, ROVR, Uptown Gold Project

Junior Mining Rover Metals

Rover Provides Update on Timing of Phase 2 Exploration Results at Cabin Gold Project, NT, Canada

Post author By admin
Post date November 11, 2021

Vancouver, British Columbia – (November 11, 2021) – Rover Metals Corp. (TSXV: ROVR) (OTCQB: ROVMF) (“Rover” or the “Company”) has received an update from ALS Canada and expects to be fully reported on the results of its Summer 2021 Phase 2 Drill Program, at its Cabin Gold Project, by the end of November. The Company anticipates issuing a news release on the results in early December.

About the Cabin Gold Project
In September 2020, Rover kicked-off its first exploration drilling program at the historic Cabin Gold Project. The exploration program included both confirmation and expansion drilling of historical high grade gold drill intercepts in the “Arrow Zone” area of the historic Bugow Iron Formation. The Bugow Iron Formation is the controlling structure for the gold mineralization on the property and is over 15 km in at or near surface length. In Q4-2020, the Company reported an intersection of 32 meters of continuous gold averaging 13.6 grams per ton Au from the Arrow Zone. Rover’s 2020 expansion drilling included the discovery of what it believes to be a primary gold bearing ore shoot at the Arrow Zone. The Arrow Zone remains open at depth, underneath Cabin Lake, and is only accessible for expansion drilling in the winter months. Rover’s 2020 drill program was the initial step towards confirming and expanding the historic 100,000 tons at 0.30 Oz/ton Au* historic resource estimate, reported for the Arrow Zone, towards a NI 43-101 compliant mineral resource estimate. The Arrow Zone will see expansion drilling commencing in Q1-2022, as soon as the ice drill pads and ice road to site have been constructed.

In July 2021, Rover commenced a Phase 2 Exploration Program at the Cabin Gold Project. The goal of the Phase 2 Exploration Program was the discovery and definition of new, near surface, gold bearing zones along the Bugow Iron Formation. The Company focussed on five known historic targets areas: (1) the Beaver; (2) the Andrew South; (3) the Andrew North; (4) the Camp South; and (5) Camp North. As of the date hereof, the Company is still waiting on results of its summer exploration program. Any new discoveries will form part of the Company’s Phase 3 Winter Exploration Program slated to begin in Q1-2022.

(*) As per Section 2.4 of NI 43-101, Aber Resources Ltd. reported a mineral inventory (that does not compare to the current CIM Definitions Standards mineral resource categories) of 100,000 tons at 0.30 ounces per ton gold at the Cabin Lake Gold Zone on the north limb of the folded Bugow Iron Formation in their 1986 and 1987 annual reports. The parameters used for the resource calculation are unknown. These results are relevant as to delineate a larger zone of gold mineralization at the Cabin Lake Gold Zone, but further drilling is needed to bring that up to CIM Definition Standards. The reader is cautioned that a Qualified Person has not done sufficient work to classify the historical estimates as current mineral resources and Rover Metals is not treating the historical estimates as current mineral resources.
Technical information in this news release has been approved by Raul Sanabria, M.Sc., P.Geo., Technical Advisor and shareholder of Rover Metals Corp. 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 commenced Phase 2 Exploration at its Cabin Gold Project in the summer of 2021, and is planning to commence Phase 3 Exploration in Q1-2022.

You can follow Rover on its social media channels:
Twitter: https://twitter.com/rovermetals
LinkedIn: https://www.linkedin.com/company/rover-metals/
Facebook: https://www.facebook.com/RoverMetals/
for daily company updates and industry news, and

YouTube: https://www.youtube.com/channel/UCJsHsfag1GFyp4aLW5Ye-YQ?view_as=subscriber
for corporate videos.
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 be 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.

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OF THIS RELEASE.

Tags Cabin Gold Project, Judson Culter, maurice jackson, proven and probable, Rover Metals, ROVR

Junior Mining Rover Metals

Rover Metal Closes Quick Bridge Financing from Strategic

Post author By admin
Post date November 4, 2021

Vancouver, British Columbia – (November 4, 2021) – Rover Metals Corp. (TSXV: ROVR) (OTCQB: ROVMF) (“Rover” or the “Company”) is pleased to announce a non-brokered flow-through unit financing (the “Units”) for $200,000. Each Unit is priced at $0.08 and is comprised of one common share and one-half (1/2) of a common share purchase warrant (the “$0.08 FT Unit Financing”). The warrants have an exercise price of $0.12 per warrant share, and a life of two years. Rover is also pleased to announce that the financing is now fully subscribed and that it has received permission from the Toronto Venture Exchange (the “TSXV”) to close, as of the date hereof. There will be 2,500,000 common shares and 1,250,000 common share purchase warrants issued in connection with this financing. There will be the standard 4-month regulatory hold period for both the common shares and the common share purchase warrants in connection with this financing. No financing fees have been paid in connection with this financing.

Closing of the $0.08 FT Unit Financing
Legendary junior mining investor, Tookie Angus, has purchased 100% of the $0.08 FT Unit Financing allocation, adding to his existing position in the Company.

Use of Proceeds
The use of proceeds of the financing will be for Phase 3 Winter Exploration activities at the Cabin Gold Project. Starting this month, the Company will begin building the ice drill pads on Cabin Lake needed for follow-up drilling at the Arrow Zone. In Q4-2020, the Company reported an intersection of 32 meters of continuous gold averaging 13.6 grams per ton Au from the Arrow Zone. The Arrow Zone remains open at depth, underneath Cabin Lake, and is only accessible for expansion drilling in the winter months. The release of the map location of the ice drill pads will be part of a future updating news release.

Update on Timing of Summer 2021 Phase 2 Exploration Results
COVID-19 logistic delays at the testing laboratories continue to cause delays in the reporting process for junior miners. Rover expects to have a news release out next week with an update on the timing of the release dates of its Summer Phase 2 Exploration Results.

About the Cabin Gold Project
In September 2020, Rover kicked-off its first exploration drilling program at the historic Cabin Gold Project. The exploration program included both confirmation and expansion drilling of historical high grade gold drill intercepts in the “Arrow Zone” area of the historic Bugow Iron Formation. The Bugow Iron Formation is the controlling structure for the gold mineralization on the property and is over 15 km in at or near surface length. Rover’s 2020 expansion drilling included the discovery of what it believes to be a primary gold bearing ore shoot at the Arrow Zone. Rover’s 2020 drill program was the initial step towards confirming and expanding the historic 100,000 tons at 0.30 Oz/ton Au* historic resource estimate, reported for the Arrow Zone, towards a NI 43-101 compliant mineral resource estimate.

In July 2021, Rover commenced a Phase 2 Exploration Program at the Cabin Gold Project. The goal of the Phase 2 Exploration Program was the discovery and definition of new, near surface, gold bearing zones along the Bugow Iron Formation. The Company focussed on five known historic targets areas: (1) the Beaver; (2) the Andrew South; (3) the Andrew North; (4) the Camp South; and (5) Camp North. As of the date hereof, the Company is still waiting on results of its summer exploration program. Any new discoveries will form part of the Company’s Phase 3 Winter Exploration Program slated to begin in Q1-2022.

(*) As per Section 2.4 of NI 43-101, Aber Resources Ltd. reported a mineral inventory (that does not compare to the current CIM Definitions Standards mineral resource categories) of 100,000 tons at 0.30 ounces per ton gold at the Cabin Lake Gold Zone on the north limb of the folded Bugow Iron Formation in their 1986 and 1987 annual reports. The parameters used for the resource calculation are unknown. These results are relevant as to delineate a larger zone of gold mineralization at the Cabin Lake Gold Zone, but further drilling is needed to bring that up to CIM Definition Standards. The reader is cautioned that a Qualified Person has not done sufficient work to classify the historical estimates as current mineral resources and Rover Metals is not treating the historical estimates as current mineral resources.
Technical information in this news release has been approved by Raul Sanabria, M.Sc., P.Geo., Technical Advisor and shareholder of Rover Metals Corp. 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 commenced Phase 2 Exploration at its Cabin Gold Project in the summer of 2021, and is planning to commence Phase 3 Exploration in Q1-2022.

You can follow Rover on its social media channels:
Twitter: https://twitter.com/rovermetals
LinkedIn: https://www.linkedin.com/company/rover-metals/
Facebook: https://www.facebook.com/RoverMetals/
for daily company updates and industry news, and

YouTube: https://www.youtube.com/channel/UCJsHsfag1GFyp4aLW5Ye-YQ?view_as=subscriber
for corporate videos.
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 be 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.

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OF THIS RELEASE.

Tags Cabin Gold Project, Judson Culter, maurice jackson, proven and probable, Rover Metals, ROVR

Exclusive Interviews Junior Mining Precious Metals Rover Metals

Rover Metals – Junior Mining Company, 2 Gold Projects, Yellowknife

Post author By admin
Post date September 17, 2021

Maurice Jackson:

joining us for a conversation is Judson Culter the CEO of Rover Metals (TSX.V: ROVR | OTCQB: ROMVF). It’s a pleasure to be speaking with you today as Rover Metals has some important updates for shareholders regarding two active exploration programs in the Northwest Territories. Before we begin, Mr. Culter please introduce us to Rover Metals and the opportunity the company presents to the market.

Judson Culter:

Rover Metals is a publicly-traded gold company. We are focused on Northern Canada making a large-scale discovery of high-grade gold. We operate at the 60th parallel in northern Canada.

Maurice Jackson:

Mr. Culter, take us to the northwest territories where Rover Metals has just completed the drilling component of phase two on the flagship cabin gold project along the Bugow Iron Formation. Sir, please remind us of the value proposition before it’s on the Cabin Gold Project.

Judson Culter:

The value proposition real-time at the time of this interview is an opportunity to buy in the open market and we are weeks away from bringing the drilling results from this summer to the Market. We spent $1.5 Mil CAD for over 30 drill holes across the Bugow Iron Formation. We believe based on what we’ve seen in the field and the core that our geologists logged in the field from the drill core, that we’re likely to have another discovery zone.

Maurice Jackson:

I reference that the drilling component is completed but there’s more work still being conducted on phase two. What else do you have going on there?

Judson Culter:

We have an experienced team of field geologists that are actively working on what we’ve eyeballed as two new discovery zones. In addition to you know what we already know in the Arrow Zone, which was our discovery last year. Therefore, we are planning for drilling at depth, which was one of our prime objectives going into the drilling planned in Q1 of 2022. All of our known surface zones at depth are setting the stage for delineating deep drilling in January along with a ground IP study, which we conducted at the end of August where we believe we got a great bang for the buck on exploration was incredible. We conducted a test run of a known mineralized zone with the IP work the end of August. And the preliminary results came back and it not only told us areas along the Bugow Iron Formation, which are sulfide versus non-sulfide.

Important to note, sulfide of course is what’s directly associated with high-grade gold in our project. The Induced Polarization (IP) work has also provides an insight on how to identify low versus high sulfide, which is valuable. Because it gives us a true depth reading below surface of approximately 75 meters. Also phase two along with drilling included airborne lidar imagery provide us the visuals to cancel out the trees, water, and the mud to allow us to see structurally see the rocks. So, combining the lidar data with the drill data and gives us better understanding on things such as faulting, which happens close to surface, and we have to be able to follow the fault down depth to chase the high-grade gold. Again, the IP which is showing us below surface to 75 meters true depth where the high-sulfide is located. The confidence going into our phase three drill program in January is going to be extremely high and we believe that we may have two additional new zones, in addition to the Arrow Zone, and we’re going to be follow along at depth. These iron formation are underground mines and is setting the stage for our next program.

Maurice Jackson

Leaving the Cabin Lake Gold Project, let’s visit the Up Town Gold Project where Rover metals retains a 25 ownership interest today Rover metals announced that it has commenced on phase two of exploration. Mr. Culter briefly acquaint us with the Up Town Gold Project. The Up Town Gold Project is just on the outer city limits of Yellowknife in the Northwest Territories. The Uptown Gold Project is right next door to the historical Giant Mine. One could literally throw a rock from the Giant Mine head frame and hit the property. Bearing in mind that the Giant Mine produced multi-millions of ounces of high- grade gold. We are excited because the Up Town Gold Project is going to see drilling starting in two weeks. And it’s going to a target that’s been overlooked since the 1960’s. We believe there is a lot of potential in the northeast quadrant of the property that borders right up against Gold Terra’s claims which now has a 1.3 million ounce gold resource. So we’re in a sweet spot, one of their best drill targets is just north of where we’re going to be drilling. The green stone belt runs through the city of Yellowknife. And, Newmont on the southern side of the city has optioned off some claims to Gold Terra. It’s exciting because there’s a lot of renewed interest and multiple companies active in this area. Our partners are moving forward with the drill program and for them to have success benefits Rover as well because we retain 25%, but we also have a framework for a merger.

Maurice Jackson

Mr. Culter, please provide us with the capital structure for Rover metals.

Judson Culter:

Rover Metals has approximately 100 million shares outstanding. We have a million-plus dollars in the bank right now reflective of that cap structure plus, 100% ownership of three projects plus the 25% ownership in Up Town.

Maurice Jackson

In closing sir what would you like to say to shareholders?

Judson Culter:

I think now is a good time identify some good buying opportunities now that summer is drawing to a close and the kids are back in school, and double down on some investments such as Rover Metals that are near term on releasing results to the market. We do expect to have good results in the coming weeks. Therefore, I feel that this may be a great time for speculators to check back in and follow us and hold on for the ride.

Maurice Jackson:

Judson for readers that want to learn more about Rover Metals, please share the contact details.

Judson Culter:

Please visit our website. By the way, we’ve just rebranded new website check us out at www.rovermetals.com.

Maurice Jackson:

Mr. Culter always a pleasure to speak with you, wishing you and Rover metals the absolute best sir.

And as a reminder, I am a licensed representative to buy and sell precious metals through Miles Franklin Precious Metals Investments, where we have several options to expand your precious metals portfolio, from physical delivery of gold, silver, platinum, palladium, and rhodium, to offshore depositories, and precious metals IRA’s. Give me a call at 855.505.1900 or you may email: Maurice@MilesFranklin.com. Finally, please subscribe to www.provenandprobable.com, where we provide: Mining Insights and Bullion Sales, subscription is free.

Tags Cabin Gold Project, Judson Culter, proven and probable, Rover Metals, ROVR

Junior Mining Precious Metals Rover Metals Uncategorized

Rover Metals Announces Phase 2 Exploration Drilling to Commence at Uptown Gold Project

Post author By admin
Post date September 14, 2021

VANCOUVER, British Columbia, Sept. 14, 2021 (GLOBE NEWSWIRE) — Rover Metals Corp. (TSXV: ROVR) (OTCQB: ROVMF) (FRA:4X0) (“Rover” or the “Company”) is pleased to announce that Phase 2 Exploration Drilling is set to commence at the Up Town Gold project, NWT, Canada (60^th parallel) on September 30, 2021.The Company has optioned a 75% interest in the project to Melius Capital Corp (“Melius Capital”). Melius Capital is seeking a public listing of its shares on the Canadian Securities Exchange (the “CSE”) in Q4-2021, and expects to change its name to Artic Fox Minerals. Eligible shareholders can find more information about the Melius Capital public listing here.

Up Town Gold Project

The Up Town Gold project is located on the outskirts of city limits of the city of Yellowknife. The Up Town Gold project is an Archean lode-gold prospect adjoining the historic 7.2 million ounces¹ (0.564 ounces per tonne Au or 16 g/t Au) Giant Mine gold deposit in Yellowknife, Northwest Territories and Gold Terra Resources’ (TSXV: YGT) Yellowknife City Gold Project. The 3,227 hectare property hosts ten high-grade gold occurrences. Most work to date has been conducted at the Rod Vein which was drilled to a shallow depth in the 1960’s and mined on a small scale in 1979 by previous owners. Recent historic surface sampling at the Rod Vein returned grab samples up to 318 g/t Au and channel samples up to 1.20 m @ 17.27 g/t Au². Drilling by Rover Metals in 2017 at the Rod Vein returned significant gold intersections in all of three holes drilled with best results of 5.4 m @ 4.28 g/t Au including 0.9 m @ 22.10 g/t Au (Rover Metals Press Release dated October 4, 2017). At the Fox South zone, a different style of wide, disseminated, shear zone hosted mineralization returned historic surface samples up to 30.3 g/t Au. Rover tested the Fox South zone with three drill holes in 2017 with best results of 7.1 m @ 0.62 g/t Au including 0.3 m @ 5.12 g/t Au.

Phase 2 Exploration Drill Program
The north-east quadrant of the property, adjoining Gold Terra’s Yellowknife City Gold Project, to the north of the city of Yellowknife, has remained largely unexplored in recent years. The north-east quadrant is now the focus of the Phase 2 Exploration Drill program. Specifically, the No.1 Vein, the J-7 Vein, and the Big Vein have not seen any drilling since the 1960’s. In 1964, the No. 1 Vein reported a historic drill intersection of 34.3 g/t Au over 0.7 meters². The J-7 Vein reported a drill intersection of 1.33 g/t over 1.77 meters². Subsequent sampling by Manson Creek in 2012 at J-7 returned 2.1 meters @ 7.99 g/t Au from a chip sample and 6.3 meters @ 3.98 g/t Au (including 1.55 meters @ 15.74 g/t Au) from a sawn channel sample². The Big Vein reported a 1963 drill intersection of 34.3 g/t Au over 0.7 meters². Recent geophysics conducted in H1-2021 by Melius Capital has further helped to delineate the drill targets for each of the No.1 Vein, the J-7 Vein and the Big Vein.

Silke, R. 2009. The Operational History of Mines in the Northwest Territories, Canada. Tables 3,4,5,and 6 from pages 266, 269, and 270.
The Up Town Gold property contains eight principle showings documented in the NWT mineral showing database (NORMIN).

Historic property scale geochemical and geophysical surveys defined several large-scale structural corridors localizing the principal gold showings and parallel to the Giant Shear Zone in the Yellowknife Greenstone Belt. Mineralization at the Up Town Gold property is granitoid-hosted and belongs to the recently-recognized class of Archean granitoid-hosted lode gold deposits. Prominent examples include Woodcutters Goldfields in Australia; Buzwagi in Tanzania; Renabie, Cote Lake, Hammond Reef and Hasaga in Ontario; and several mines in the Bourlamarque Batholith in Quebec.

Judson Culter, CEO at Rover Metals, states “We are excited to see more gold exploration commence in and around Yellowknife Campbell Shear. The Yellowknife jurisdiction has really been heating up with several competing junior miners in the area recently disclosing multi-million-ounce gold resources. Last year, when Newmont optioned off some of its Con Mine claims to Gold Terra, there was a renewed sentiment of future economic growth in the mining sector for the city.”

Technical information in this news release has been approved by Raul Sanabria, M.Sc., P.Geo., Technical Advisor and shareholder of Rover Metals Corp. 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 (60^th parallel). The Company commenced Phase 2 Exploration at its 100% owned Cabin Gold Project in the summer of 2021, and exploration work continues at Cabin Gold through to the date of this release.

You can follow Rover on its social media channels:

Twitter: https://twitter.com/rovermetals

LinkedIn: https://www.linkedin.com/company/rover-metals/

Facebook: https://www.facebook.com/RoverMetals/

for daily company updates and industry news, and

YouTube: https://www.youtube.com/channel/UCJsHsfag1GFyp4aLW5Ye-YQ?view_as=subscriber

for corporate videos.

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 be 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.

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OF THIS RELEASE.

Tags Cabin Lake Gold Project, Judson Culter, Rover Metals, ROVR, Up Town Gold Project

Junior Mining Precious Metals Rover Metals

Rover Metals Announces Cabin Gold Property Exploration Update, NWT, Canada

Post author By admin
Post date September 9, 2021

VANCOUVER, British Columbia, Sept. 09, 2021 (GLOBE NEWSWIRE) — Rover Metals Corp. (TSXV: ROVR) (OTCQB: ROVMF) (FRA:4X0) (“Rover” or the “Company”) is pleased to announce that the drilling component of its Phase 2 Exploration Program at its 100% owned Cabin Gold Project, Northwest Territories of Canada (60^th parallel), is now complete. The Company drilled 31 NQ diamond drill holes across multiple near-surface targets along the Bugow Iron Formation. The Company has successfully intersected the targeted historic sulfidized zones, as well as some new conceptual targets. The Company plans to release the drill results zone by zone, once the assay results from the lab become available. The last part of the Phase 2 Exploration Program, a Ground IP Geophysics Study, is set to commence at the end of September 2021.

Ground IP Geophysics Study

The Company ran a ground IP test at the end of August and the results have come back favorable both in terms of: (a) identifying sulfidized versus non-sulfidized areas of the Bugow Iron Formation; and also (b) in terms of returning highly sulfidized areas versus lower sulfidized areas. High-grade gold at the Cabin Gold project is associated with highly sulfidized zones of the hosted iron formation. The favorable test results have led to the Company planning a large IP survey, including all of the known gold bearing zones on the project, in addition to some new anomaly targets. A link to the plan view of the IP survey can be found here:

https://www.rovermetals.com/landingpages/cabingold2021-nr-9-9-2021.html

The zones targeted for IP work includes the Arrow Zone that reported 32 meters of 13.6 g/t Au in Q4-2021. A successful IP program at the project will assist the Company in delineating deeper drill targets for a Phase 3 Drill Program in Q1 of 2022.

Regional LiDAR and Airborne Geophysics Work

The Company is also pleased to report that it has now completed a regional LiDAR imaging study as well as a regional airborne magnetic survey. The LiDAR and airborne magnetic campaigns have opened up other iron formations in the region for future exploration, including at the Slemon Gold project. The results of these campaigns will also help the Company in the planning of its Phase 3 Drill Program in Q1 of 2022. Results from the regional LiDAR and airborne magnetic campaigns will be made available in the coming weeks.

Judson Culter, CEO at Rover Metals, states “We are very fortunate to have been able to complete a multi-faceted exploration program at Cabin Gold this summer. The final leg of the exploration will commence at the end of the month, and will set the stage for deeper drilling of all defined gold bearing zones in Q1-2022. The goal of this program was to define at least one new additional zone open at depth. We believe we have accomplished this goal, and the results will be made available in the coming weeks. As it stands, the Arrow Zone discovery that we made in Q4-2020 remains open at depth, and that will be our first drill target for Q1-2022.”

About Rover Metals

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

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OF THIS RELEASE.

Tags Cabin Gold Project, Judson Culter, Rover Metals, ROVR

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