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Bob Moriarty – Bitcoin, Water Drought, Junior Mining Stocks

Whoa! Joining us for an action packed interview is the legendary Bob Moriarty the founder of http://www.321gold.com/, as we will cover a lot of ground in this interview! Topics ranging from Market Conditions, Bitcoin, the Colorado River, Junior Mining Companies, and Precious Metals. This is an absolute must watch!

Lion One Metals: https://liononemetals.com/

Irving Resources: https://irvresources.com/

Labrador Gold: https://labradorgold.com/
Interview: https://provenandprobable.com/labrador-gold-discovers-54-17-gpt-at-big-vein-on-kingsway-gold-project/

Roogold: https://roogoldinc.com/
Interview: https://provenandprobable.com/roogold-positioned-to-be-the-next-dominant-player-in-the-new-south-whales/

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Interview: https://provenandprobable.com/provenance-gold-has-2-gold-projects-that-offer-a-tremendous-opportunity-for-savvy-gold-investors/

Eloro Resources: https://elororesources.com/

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Junior Mining Precious Metals Roo Gold

RooGold Announces Results at AGM and Re-Election of Officers

VANCOUVER, BC / ACCESSWIRE / June 22, 2022 / (CSE:ROO) (OTC:JNCCF) (Frankfurt: 5VHA) -RooGold Inc. (“RooGold” or the “Company“) is pleased to announce that at its shareholder meeting (“Meeting”) on June 21, 2022, shareholders approved the re-appointment of Carlos Espinosa, Michael Singer and Michael Mulberry to the Board of Directors of the Company. Shareholders also approved, subject to final TSX Venture Exchange (“Exchange”) acceptance, the adoption of a new “rolling up to 10%” stock option plan (“Stock Option Plan”), as disclosed in detail in the Meeting materials, that complies with Policy 4.4 of the Exchange. The maximum aggregate common shares that are issuable pursuant to the Stock Option Plan is 10% of the issued common shares of the Company (“Listed Shares”), a maximum of 10% of issued Listed Shares are issuable to insiders (as a group) in any 12 month period, a maximum of 5% of issued Listed Shares may be granted or issued pursuant to the Stock Option Plan to any one person, a maximum of 2% of issued Listed Shares may be granted or issued pursuant to the Stock Option Plan to any one Consultant or Investor Relations Service Provider. The Company currently has 72,559,950 common shares (“Listed Shares”) issued and outstanding and accordingly, there are 7,255,995 Listed Shares issuable pursuant to the Stock Option Plan.

Immediately following the Meeting, the Directors approved the re-appointment of Carlos Espinosa as Chief Executive Officer & President, Remantra (Anup) Sheopaul as Chief Financial Officer & Corporate Secretary, and Alexandra Bonner as Vice-President Exploration.

About RooGold Inc.

ROOGOLD is a Canadian based junior venture mineral exploration issuer which is uniquely positioned to be a dominant player in New South Wales, Australia, through a growth strategy focused on the consolidation and exploration of high potential, mineralized precious metals properties in this prolific region of Australia. Through its announced acquisitions of Southern Precious Metals Ltd., RooGold Ltd. and Aussie Precious Metals Corp. properties, RooGold commands a portfolio of 13 high-grade potential gold (9) and silver (4) concessions covering 1,380 km2 which have 137 historic mines and prospects.

For further information please contact:

Ryan Bilodeau
T: 416-910-1440
info@roogoldinc.comhttps://embed.fireplace.yahoo.com/embed?ctrl=Monalixa&m_id=monalixa&m_mode=document&site=sports&os=android&pageContext=%257B%2522ctopid%2522%253A%25221542500%253B1577000%2522%252C%2522hashtag%2522%253A%25221542500%253B1577000%2522%252C%2522wiki_topics%2522%253A%2522TSX_Venture_Exchange%253BCarlos_Espinosa%253BMichael_Alan_Singer%253BCommon_stock%253BOption_(finance)%253BCompany%2522%252C%2522lmsid%2522%253A%2522a077000000LnOyOAAV%2522%252C%2522revsp%2522%253A%2522accesswire.ca%2522%252C%2522lpstaid%2522%253A%2522e63c698f-523e-31a9-9fff-1811d59a59a7%2522%252C%2522pageContentType%2522%253A%2522story%2522%257D

Forward-Looking Statements

This press release may contain forward-looking statements within the meaning of applicable securities law. Forward-looking statements are frequently characterized by words such as “plan”, “expect”, “project”, “intend”, “believe”, “anticipate”, “estimate” and other similar words, or statements that certain events or conditions “may” or “will” occur.

Although the Issuer believes that the expectations reflected in applicable forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. Such forward-looking statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in such statements.

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Exclusive Interviews Junior Mining Precious Metals Roo Gold

RooGold – Positioned to Be The Next Dominant Player in the New South Wales

RooGold (CSE: ROO | OTC: JNCCF)
https://roogoldinc.com/
info@roogoldinc.com
416-910-1440

10 HIGH-VALUE GOLD PROJECTS: Ten properties cover a total of 1091 km² and 106 historic gold mines and prospects within the highly mineralized but relatively under explored New England Orogenic Terrane and prolifically mineralized Lachlan Orogenic Belt. Mineralizaton is mostly of an orogenic type associated with large scale structures making for large attractive targets and lesser intrusion related types. Potential for listwanite hosted gold mineralization of the Bralorne and Motherlode type along the Peel-Manning suture zone.

4 HIGH-VALUE SILVER PROJECTS: Four properties cover a total of 289 km² and 31 historic gold-silver mines and prospects within the prolifically mineralized but relatively under explored New England Orogenic Terrane. All properties remain largely under explored since their discovery in the early 1900’s. Little to no historic drilling and almost no exploration Several styles of mineralization present including intrusion related vein stock work targets and low sulphidation epithermal types.

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Energy Junior Mining Precious Metals Roo Gold

Roo Gold Additional Exploration Licence On Peel-Manning

VANCOUVER, BC / ACCESSWIRE / May 4, 2022 / (CSE:ROO) (OTC PNK:JNCCF) (Frankfurt:5VHA) – RooGold Inc. (“RooGold” or the “Issuer“).

RooGold is pleased to report that it has acquired an additional, 100% held Exploration Licence (EL) 9390 in the highly prospective Peel-Manning Suture Zone of the New England Orogen in New South Wales, Australia.

Highlights

  • EL 9390 covers an area of 229 km2 and is strategically located in between Roo Gold’s Lorne (EL 9232) and Gold Belt (EL 9226) Projects.
  • The three Projects cover 435 km2 over a 65 km strike length of the Peel-Manning Suture Zone which is well known to host precious and base metal mineral deposits.
  • The Projects are located within 70 km of each other making for efficient logistics and work planning.
  • Landowner access negotiations and rock chip sampling to commence as soon as practicable at prospective mineral occurrences.

Carlos Espinosa, Chief Executive Officer and a Director of RooGold comments, “Exploration Licence 9390 is a valuable addition to Roo Gold’s tenure portfolio. EL 9390 is 100% held by Roo Gold and was strategically acquired for both its position over the serpentinite package of rocks along the Peel-Manning Suture zone and its close proximity to our Lorne and Gold Belt Projects, making logisitics and work planning more efficient. We look forward to commencing land access negotiations to facilitate field work as soon as practicable”

The Glenrock Project

The Glenrock Project, EL 9390, is located 15 km southeast of the Lorne Project (EL 9232) and 30 km northwest of Gold Belt Project (EL 9226). It covers over 20 km of the serpentinite belt of the Peel-Manning Suture Zone.

EL 9390 contains diverse geology that are known elsewhere in the region to host a variety of mineralisation styles that contain Au-Cu and base metal metallic mineral deposits. Rock types include serpentinites, flysch sequences, intrusives, volcanics and volcaniclastics, structurally located within in a complex, highly faulted system. This system may host numerous metallic mineralisation styles including lode gold with associated base metals. The tenement also contains mineral occurrences of copper-rich quartz veins containing malachite, bornite and chalcopyrite in serpentinite dykes up to 150 m long and 12 m wide. The tenement is significantly under-explored, has never been drilled and represents a ground-floor opportunity for the discovery of new metallogenic province.

Exploration Licence Application (ELA) 6429 was submitted to the Deparment of Regional NSW covering an area of 229 km2 on 3rd February 2022. On 11 April 2022, Exploration Licence (EL) 9390 was granted to Great Southern Precious Metals Pty Ltd, a 100% subsidiary company of Roo Gold Inc.

Following a historic data review and land access negotiations, Roo Gold will undertake a field reconnaissance trip and rock chip sampling to identify targets for follow up.

RooGold Inc., Wednesday, May 4, 2022, Press release picture
RooGold Inc., Wednesday, May 4, 2022, Press release picture

Figure 1: Location map with key geology and mineral occurrences of newly acquired EL 9390, Glenrock Project, in geographical relation to Roo Gold’s strategic tenement holding along the Peel-Manning Suture in the New England Orogen of New South Wales, Australia.

ROOGOLD is a Canadian based junior venture mineral exploration issuer which is uniquely positioned to be a dominant player in New South Wales, Australia, through a growth strategy focused on the consolidation and exploration of high potential, mineralized precious metals properties in this prolific region of Australia. Through its announced acquisitions of Southern Precious Metals Ltd., RooGold Ltd. and Aussie Precious Metals Corp. properties, RooGold commands a portfolio of 14 high-grade potential gold (10) and silver (4) concessions covering 1,537 km2 which have 139 historic mines and prospects.

For further information please contact:

Ryan Bilodeau
416-910-1440
info@roogoldinc.com

Forward-Looking Statements

This press release may contain forward-looking statements within the meaning of applicable securities law. Forward-looking statements are frequently characterized by words such as “plan”,”expect”, “project”, “intend”,”believe”, “anticipate”, “estimate” and other similarwords, or statements that certain eventsor conditions “may” or “will” occur.

Although the Issuer believes that the expectations reflected in applicable forward-looking statements are reasonable, therecan be no assurance that such expectations will prove to be correct. Such forward-looking statements are subjectto risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in such statements.

NEITHER THE CANADIAN SECURITIES EXCHANGE NOR ITS REGULATION SERVICES PROVIDER ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

SOURCE: RooGold Inc.



View source version on accesswire.com:
https://www.accesswire.com/700088/Roo-Gold-Additional-Exploration-Licence-On-Peel-Manning

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Energy Junior Mining Precious Metals Roo Gold

Carlos Espinosa Officially Joins RooGold as Chief Executive Officer

VANCOUVER, BC / ACCESSWIRE / March 7, 2022 / (CSE:ROO)(OTC PINK:JNCCF)(Frankfurt:5VHA) – RooGold Inc. (“RooGold” or the “Issuer“) would like to officially welcome Carlos Espinosa as Chief Executive Officer (CEO), President and member of the Board of Directors, effective as of March 4th, 2022.

Further to the news release dated February 9, 2022, Mr. Espinosa replaces Michael Mulberry, who will remain a Director of RooGold. Yana Borovskaya has officially stepped down from the Board of Directors concurrent with the appointment of Mr. Espinosa.

Carlos Espinosa commented, “I am very excited to join a company with a great team of professionals and excellent gold and silver assets in Australia, a country with a long mining tradition and one of the best mining jurisdictions in the world. I am sure that together we will build a fantastic story and an amazing company, adding value to our shareholders, as well as local communities, government, employees and consultants, and the rest of stakeholders around RooGold.”

Issuance of Stock Options

RooGold has issued 1,000,000 incentive stock options (the “Options“) to certain directors, officers, employees, and consultants of the Company, effective March 4, 2022 (the “Effective Date“). The Options have an exercise price of $0.30 and are exercisable for a period of five (5) years, expiring March 4, 2027. The Options will be subject to a vesting schedule whereby 166,667 Options will vest every six (6) months from Effective Date.

About ROOGOLD

ROOGOLD is a Canadian based junior venture mineral exploration issuer which is uniquely positioned to be a dominant player in New South Wales, Australia, through a growth strategy focused on the consolidation and exploration of high potential, mineralized precious metals properties in this prolific region of Australia. RooGold commands a portfolio of 13 high-grade potential gold (9) and silver (4) concessions covering 1,380 km2 which have 137 historic mines and prospects.

For further information please contact:

Ryan Bilodeau
T: 416-910-1440
info@roogoldinc.com

Forward-Looking Statements

This press release may contain forward-looking statements within the meaning of applicable securities law. Forward-looking statements are frequently characterized by words such as “plan”, “expect”, “project”, “intend”, “believe”, “anticipate”, “estimate” and other similar words, or statements that certain events or conditions “may” or “will” occur.

Although the Issuer believes that the expectations reflected in applicable forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. Such forward-looking statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in such statements.

NEITHER THE CANADIAN SECURITIES EXCHANGE NOR ITS REGULATION SERVICES PROVIDER ACCEPTSRESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

SOURCE: RooGold Inc.



View source version on accesswire.com:
https://www.accesswire.com/691800/Carlos-Espinosa-Officially-Joins-RooGold-as-Chief-Executive-Officer

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Junior Mining Precious Metals Roo Gold

RooGold Announces Appointment of Carlos Espinosa as New CEO

VANCOUVER, BC / ACCESSWIRE / February 9, 2022 / (CSE:ROO)(OTC PINK:JNCCF)(Frankfurt:5VHA) – RooGold Inc. (“RooGold” or the “Issuer“) is pleased to announce the appointment of Carlos Espinosa as Chief Executive Officer (CEO), President and member of the Board of Directors, effective March 4th, 2022. Mr. Espinosa replaces Michael Mulberry, who will remain a Director of RooGold. In addition to these changes, Yana Borovskaya has agreed to step down from the Board of Directors concurrent with the appointment of Mr. Espinosa.

Carlos Espinosa is a mining executive with over 25 years of experience within Canadian capital markets, international business development and commercial banking. He is Director and former President & CEO of Monarca Minerals an exploration mining company with gold and silver assets in Mexico and former CFO of Fredonia Mining, Inc., a gold exploration mining company in Argentina.

Carlos has held Director roles with Silver X Mining, a silver producer from Peru and is a former advisor of Mineros SA, a Colombian gold producer with operations in Colombia, Nicaragua and Argentina. Prior to this, Mr. Espinosa was at the Toronto Stock Exchange (TSX) and the TSX Venture Exchange (TSXV), where he was Head of Business Development, Global Mining. Recognized for his leadership and long-term business relationships with C-level executives, government officials, and clients globally.

Mr. Espinosa earned an MBA from Kellogg School of Management at Northwestern University and a Bachelor of Business Administration at UNAM – “Universidad Nacional Autónoma de Mexico”.

Carlos Espinosa commented, “I am looking forward to working with such a formidable geological team, specifically, Alexandra Bonner, with her in-depth knowledge of New South Wales Australia, Quinton Hennigh, a world class economic geologist with immense experience and knowledge of Australian geology and Chris Wilson, another world class geologist that was responsible for pulling together such a large, highly prospective land package and is used to managing such district scale properties during his time as exploration manager of Ivanhoe.”

The RooGold Board of Directors would like to sincerely thank Michael Mulberry for his dedication, significant contributions, and years of service with the Company and we look forward to his continued contribution as a valued member of the Board. The Board of Directors would also like to thank Yana Bobroskaya for her valued contributions, and wish her success as she moves on to pursue other ventures.

Issuance of Stock Options

RooGold has issued 750,000 incentive stock options (the “Options“) to certain directors, officers, employees, and consultants of the Company. The Options have an exercise price of $0.25 and are exercisable for a period of five (5) years, expiring February 9, 2027. The Options will vest over a period of two (2) years from February 9, 2022 (the “Effective Date“), with 1/3rd vesting immediately, 1/3rd vesting one year from the Effective Date, and the final 1/3rd vesting two years from the Effective Date.

For further information please contact:

Ryan Bilodeau
T: 416-910-1440
info@roogoldinc.com

Forward-Looking Statements

This press release may contain forward-looking statements within the meaning of applicable securities law. Forward-looking statements are frequently characterized by words such as “plan”, “expect”, “project”, “intend”, “believe”, “anticipate”, “estimate” and other similar words, or statements that certain events or conditions “may” or “will” occur.

Although the Issuer believes that the expectations reflected in applicable forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. Such forward-looking statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in such statements.

NEITHER THE CANADIAN SECURITIES EXCHANGE NOR ITS REGULATION SERVICES PROVIDER ACCEPTSRESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

SOURCE: RooGold Inc.



View source version on accesswire.com:
https://www.accesswire.com/687994/RooGold-Announces-Appointment-of-Carlos-Espinosa-as-New-CEO

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Junior Mining Roo Gold

RooGold Announces Appointment Of Chief Operations Manager

VANCOUVER, BC / ACCESSWIRE / February 3, 2022 / (CSE:ROO)(OTC PINK:JNCCF)(Frankfurt:5VHA) – RooGold Inc. (“ RooGold” or the “Issuer“) is pleased to announce the appointment of Alexandra Bonner as Chief Operations Manager. Ms. Bonner is a professional geologist based in New South Wales (NSW) Australia with over 17 years of exploration, mining and corporate experience.

Most recently, Alexandra was employed at TriAusMin Ltd. and then Heron Resources Ltd. where she was involved in the development of the Woodlawn Zinc-Copper Mine including in-mine and near-mine exploration to feasibility status and regulatory management leading to acquisition of state development approvals and commercial production.

Ms. Bonner commented, “the RooGold executive team has put together a well-targeted and prospective package of gold and silver projects in the New England and Lachlan Fold Belt of New South Wales. In particular the New England projects are significantly under-explored and present exciting opportunities for establishing gold and silver targets, I look forward to building a team and advancing these projects”.

Ms. Bonner has established and managed project joint ventures, sought and acquired new projects as well as implementing operation health & safety and environmental management systems to best practice industry standards. Ms. Bonner served as Deputy Chair of Exploration on Committees of the Association of Mining and Exploration (AMEC) and NSW Minerals Council where she was instrumental in bringing about regulatory exploration on policy changes that have benefited the minerals exploration industry.

“I am excited to have Alexandra join the team at Roo. Her depth and breadth of experience with project management and execution will enable our already exceptional operations team to move to and execute at higher levels necessary to accelerate and sustain the growth of our resources and unlock our vast gold discovery potential,” said Michael Mulberry, CEO of RooGold.

For further information please contact:

Ryan Bilodeau
T: 416-910-1440
info@roogoldinc.com

Forward-Looking Statements

This press release may contain forward-looking statements within the meaning of applicable securities law. Forward-looking statements are frequently characterized by words such as “plan”, “expect”, “project”, “intend”, “believe”, “anticipate”, “estimate” and other similar words, or statements that certain events or conditions “may” or “will” occur.

Although the Issuer believes that the expectations reflected in applicable forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. Such forward-looking statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in such statements.

NEITHER THE CANADIAN SECURITIES EXCHANGE NOR ITS REGULATION SERVICES PROVIDER ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

SOURCE: RooGold Inc.

Categories
Junior Mining Roo Gold

RooGold Inc. Closes Definitive Agreement With RooGold Ltd.

VANCOUVER, BC / ACCESSWIRE / January 26, 2022 / (CSE:ROO) (OTC:JNCCF) (Frankfurt:5VHA) -Further to the August 30, 2021 news release, RooGold Inc. (“RooGold” or the “Issuer“) and 1267248 B.C. Ltd. (formerly RooGold, “Roo Private Co.”) are pleased to announce that New South Wales ministerial approval of the indirect change in control of Roo Private Co.’s wholly-owned subsidiary, Great Southern Precious Metals Pty Ltd. (the “Subsidiary“), has been received and the parties have now closed the Definitive Agreement in which RooGold has acquired Roo Private Co. and its Subsidiary, which holds 100% interests in nine (9) past producing and exploratory properties (the “Properties“) in New South Wales (NSW).

The Properties being acquired have hosted historical high-grade gold and silver production, but have limited exploration work conducted on them recently. The Properties provide diversity in terms of the deposit types and are controlled by renowned regional structures and contacts. One of these structures is the well-recognized Peel-Manning fault system. The Properties have had a combined total of 93 historic precious metals mines and prospects. Highly lucrative production grades of up to 384 g/t Au and 1,200 g/t Ag have been recorded on these historical mines. The Properties represent a very unique proposition: they possess a rare combination of having large exploration potential along with strong indications pointing towards the presence of high-grade mineralization through the significant historical mines and prospects.

The Company issued twenty million (20,000,000) common shares (the “Purchase Shares“) to the shareholders (“Shareholders“) of Roo Private Co. in exchange for all of the issued and outstanding shares of Roo Private Co. The Roo Private Co. Shareholders have entered into voluntary lockup undertakings wherein the Purchase Shares, which are otherwise free-trading, will be released as to 25% on February 27, 2022, 25% on August 27, 2022, an additional 25% on February 27, 2023, and the balance on August 27, 2023.

For further information please contact:

Ryan Bilodeau
(416) 910-1440
info@roogoldinc.com

Forward-Looking Statements

This press release may contain forward-looking statements within the meaning of applicable securities law. Forward-looking statements are frequently characterized by words such as “plan”, “expect”, “project”, “intend”, “believe”, “anticipate”, “estimate” and other similar words, or statements that certain events or conditions “may” or “will” occur.

Although the Issuer believes that the expectations reflected in applicable forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. Such forward-looking statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in such statements.

NEITHER THE CANADIAN SECURITIES EXCHANGE NOR ITS REGULATION SERVICES PROVIDER ACCEPTSRESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

SOURCE: RooGold Inc.



View source version on accesswire.com:
https://www.accesswire.com/685584/RooGold-Inc-Closes-Definitive-Agreement-With-RooGold-Ltd

Categories
Junior Mining Roo Gold

RooGold Year-End Review

VANCOUVER, BC / ACCESSWIRE / December 30, 2021 / RooGold Inc. (CSE:ROO)(OTC PINK:JNCCF)(Frankfurt:5VHA) (“RooGold” or the “Issuer“) is pleased to reflect on a very successful 2021.

RooGold spent 2021 amassing a portfolio of complementary properties located in New South Wales (NSW) Australia. NSW is one of the most prolific gold territories for exploration and production since the 1850s. It is the second largest gold producing area in Australia with a gold endowment exceeding 3,160 tonnes. The New South Wales resources sector is vibrant, with world class deposits, a highly skilled workforce and a well-earned reputation for safe, responsible and innovating mining practices.

KEY PROPERTY ACQUISITIONS

Southern Precious Metals Ltd. (SPML)

The Company acquired a 100% interest in SPML, and its subsidiary, which held 100% interests in the Malebo and Solomons Properties in NSW. Through this acquisition, the Company welcomed key shareholders Dr. Chris Wilson and Dr. Quinton Hennigh.

Dr Wilson is a commercially-driven exploration geologist with over 30 years of experience in area selection and prospect generation, target generation, and the design and management of large resource definition drilling and pre-feasibility programs. He has worked in over 75 countries, on most commodities and deposit styles from grassroots through resource definition to feasibility. He spent 10 years with Ivanhoe Mines (IVN), including being Exploration Manager for Mongolia where he was responsible for an exploration portfolio of over 127 licences, spanning 11 million hectares. More recently Dr. Wilson has been involved in resource to mine to production reconciliation studies, project valuation and fatal flaw analysis.

Dr. Hennigh has been an integral figure in Australian junior exploration for many years. His advisory role in Kirkland Lake Gold’s (KL) acquisition of the Fosterville gold mine in Victoria Australia lead to a dramatic increase in shareholder value as Kirkland Lake’s shares rose from $6/share in 2015 to over $75 in 2020. Dr. Hennigh’s Novo Resources (NVO) has also made a major discovery in the Pilbara region of Western Australia. As founder, then its CEO and currently Chairman, he has led them from a junior explorer to a producer. In addition, through his role as lead geo-technical advisor at Crescat Capital LLC, a Denver Colorado based hedge fund with a focus on junior precious metals investments, he consults for various prospective junior mining companies such as current high-flier, NewFound Gold Corp (NFG), of which Quinton is a Director.

RooGold Limited (Private Co.)

Through its acquisition of private company RooGold Ltd., RooGold Inc. (Public Co.) acquired nine (9) large resource exploration land packages in NSW, with the majority being past producing. The acquisition significantly added to the Company’s land position in NSW with an expanded array of potential targets in a proven mining friendly jurisdiction.

Properties being acquired from RooGold Ltd. have hosted historical high-grade gold and silver production, but have limited exploration work conducted on them in modern times. The Properties provide diversity in terms of the deposit types and are controlled by renowned regional structures and contacts. One of these structures is the well-recognized Peel-Manning fault system. The Properties have had a combined total of 93 historic precious metals mines and prospects. Highly lucrative production grades of up to 384 g/t Au and 1,200 g/t Ag have been recorded on these historical mines. The Properties represent a very unique proposition: they possess a rare combination of having large exploration potential along with strong indications pointing towards the presence of high-grade mineralization through the significant historical mines and prospects.

Aussie Precious Metals Corp. (APMC)

The Company acquired two large historically producing land packages in NSW. The addition of these properties complements one of the properties acquired from RooGold Ltd. which covers the northern portion of the Copeland goldfield, located approximately 65km south-east across the same mineralized system as the two APMC properties.

The first of the two properties is known as Trilby (ELA 6237) comprising of 215 km2 and is located in the western portion of the New England orogenic terrain. The area spans a 35km long section of the serpentanized Peel-Manning Fault system within the eastern boundary of the New England orogenic terrain. The area includes the Trilby historic gold mine, consisting of swarmed meta-hydrothermal quartz veins with visible gold noted. The geological setting is highly prospective for Listwanite associated gold mineralization. The Peel-Manning Fault zone is significantly gold endowed to the north (Bingara Alluvial field) and the south (Nundle gold field) of the application area. Hard rock gold lode deposits are also abundant across the fault site. Hence, the potential for significant listwanite associated orogenic precious metal deposits are considered viable exploration targets.

The second property is known as Lorne (ELA 6234) comprising of 102.5 km2, which is located in the western portion of the New England orogenic belt. The area spans 12 strike kilometres of the significantly gold mineralized regional Peel-Manning fault system. Mineralization is of an orogenic or lode gold type and is characterized by quartz veins which may host high grade gold shoots. The area includes twenty-eight past producing gold mines and prospects. Historical production and prospecting records define a 1 km wide, 7.5 km long gold trend. Historical hard-rock production grades of up to 15 g/t Au are cited on the NSW MinView website. The historic mines include the past producing Marquis of Lorne orogenic gold-antimony mine, with over 500 m of historical underground workings and historic estimated reserves of 50,000 oz Au. Historic drill hole intercepts of up to 5 g/t Au over 5m are recorded across this zone from 5 drill holes, according to NSW government archive records.

CONSOLIDATED PROPERTY PACKAGE

(13 CONCESSIONS-1,380KM-137 HISTORIC MINES & PROSPECTS)

With the culmination of these acquisitions, RooGold Inc. now has 9 highly prospective gold and silver properties (5 gold and 4 silver) from private company RooGold Ltd., 2 gold properties from Southern Precious Metals Limited (“SPML”) and 2 more gold properties from Aussie Precious Metals Corp (“APMC”). RooGold Inc. has a district scale land package in NSW composing of 13 concessions spanning ~1,380kmand is home to 137 historic mines and prospects. NSW is prolifically mineralized with multiple metallogenic belts relative to other Australian regions and remains largely unexplored outside of the main camps. The region has a considerable gold endowment exceeding 100 Moz and silver endowment exceeding 1Boz.

CLOSING OF NON-BROKERED FINANCING

On October 4, 2021, the Company closed a non-brokered private placement of $2,632,500. One of the key investors in the round was Crescat Capital LLC. RooGold entered into a Strategic Shareholder Agreement with Crescat Capital LLC whereby Crescat’s Investment Team and its Geological and Technical Director, Quinton Hennigh, will act as advisors to RooGold management..

Proceeds of the Financing will be largely deployed towards the exploration work program on the Company’s NSW portfolio of properties. RooGold’s NSW exploration will be centered on highly focused and priority driven work programs. The initial focus will be on the three properties located on the Peel Manning Fault – Trilby, Lorne, and Gold Belt.

MARKET AWARENESS EFFORTS

On November 8, 2021, the Company announced the engagement of Cascade Ventures Ltd. (“Cascade“) for corporate consulting services for a term of 12 months. Cascade has been engaged to help coordinate a market awareness program for the Company through investor relations planning and budgeting, communications strategies, campaign development and management, and corporate positioning. To that end, as a result of comprehensive discussions through the later part of the year, it is the expectation of Cascade that multiple Investor Relations groups will be engaged in Janaury to collectively tell the RooGold Inc story as the company strives to increase shareholder value throughout 2022 and beyond.

PARTING THOUGHTS

“I firmly believe we are executing the necessary steps required for RooGold to become a successful and global exploration company. 2021 has been a year of transformational acquisitions and I am very excited to further explore these properties, while driving awareness to our story,” stated Mike Mulberry, CEO of RooGold. “Looking at 2022, our plan is to continue building out a best-in class management team to execute on our strategy and to engage proven resource story-tellers to help us tell our compelling story to the markets,” continued Mr. Mulberry.

About ROOGOLD

ROOGOLD is a Canadian based junior venture mineral exploration issuer which is uniquely positioned to be a dominant player in New South Wales, Australia, through a growth strategy focused on the consolidation and exploration of high potential, mineralized precious metals properties in this prolific region of Australia. Through its announced acquisitions of Southern Precious Metals Ltd., RooGold Ltd. and Aussie Precious Metals Corp. properties, RooGold commands a portfolio of 13 high-grade potential gold (9) and silver (4) concessions covering 1,380 km2 which have 137 historic mines and prospects.

For further information please contact:

Michael Mulberry
T: 778-855-5001
info@roogoldinc.com

Forward-Looking Statements

This press release may contain forward-looking statements within the meaning of applicable securities law. Forward-looking statements are frequently characterized by words such as “plan”,”expect”, “project”, “intend”,”believe”, “anticipate”, “estimate” and other similarwords, or statements that certain eventsor conditions “may” or “will” occur.

Although the Issuer believes that the expectations reflected in applicable forward-looking statements are reasonable, therecan be no assurance that such expectations will prove to be correct. Such forward-looking statements are subjectto risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in such statements.

NEITHER THE CANADIAN SECURITIES EXCHANGE NOR ITS REGULATION SERVICES PROVIDER ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

SOURCE: RooGold Inc.



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