- Phase 2 exploration drilling is set to commence at the Up Town Gold Project on September 30
- The northeast quadrant is the focus of the Phase 2 drill program
- Rover Metals is a precious metals exploration company currently advancing the gold potential of its existing projects in the Northwest Territories
- Rover Metals Corp. (ROVR) is currently trading at C$0.075 per share
Rover Metals (ROVR) is pleased to announce that Phase 2 exploration drilling is set to commence at the Up Town Gold Project, NWT on September 30, 2021.
The company has optioned a 75 per cent interest in the project to Melius Capital Corp.
The northeast quadrant of the property has remained largely unexplored in recent years. The northeast quadrant is now the focus of the Phase 2 drill program. Specifically, the No.1 Vein, the J-7 Vein, and the Big Vein have not seen any drilling since the 1960s. In 1964, the No. 1 Vein reported a historic drill intersection of 34.3 g/t Au over 0.7 meters.
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.”
Rover Metals is a precious metals exploration company currently advancing the gold potential of its existing projects in the Northwest Territories. The company commenced phase 2 exploration at its 100 per cent owned Cabin Gold Project in the summer of 2021, and exploration work continues at Cabin Gold.
Rover Metals Corp. (ROVR) is currently trading at C$0.075 per share.
