Northwire Canada EditionFriday, July 31, 2026
Northwire
NMI 0.195 +0.0% TKO 9.87 +4.4% ELD 45.89 +2.2% DG 0.045 +12.5% TNGD 6.33 +3.4% DPM 52.30 +6.1% EPL 0.180 +2.9% NTH 0.160 +3.2% GGM 0.035 +0.0% ITR 3.01 +4.9% CS 13.25 +3.5% EMO 0.325 +1.6% CAN 0.050 −9.1% MOON 7.40 +3.4% FG 0.035 +0.0% SBMI 0.125 +0.0% NMI 0.195 +0.0% TKO 9.87 +4.4% ELD 45.89 +2.2% DG 0.045 +12.5% TNGD 6.33 +3.4% DPM 52.30 +6.1% EPL 0.180 +2.9% NTH 0.160 +3.2% GGM 0.035 +0.0% ITR 3.01 +4.9% CS 13.25 +3.5% EMO 0.325 +1.6% CAN 0.050 −9.1% MOON 7.40 +3.4% FG 0.035 +0.0% SBMI 0.125 +0.0%
Production / Operations

Rockland to Commence Ground Prospecting Program on the Past Producing Cole Gold Mines Project in Red Lake, Ontario

RKL · Price

Executive Summary

  • Rockland Resources will begin a 10‑14 day ground prospecting and sampling program on its 100 % owned Cole Gold Mines Project in the Red Lake Greenstone Belt, targeting historic high‑grade gold occurrences and new showings identified by the company.
  • Assay results from the program will be released as they become available, supporting a planned winter diamond drilling campaign slated for early 2026.
  • The Company announced the resignation of Board member Tom McCandless, who will transition to an advisory role on the board’s Advisory Committee.

Key Details

  • Program Scope: Ground prospecting and sampling across the Cole Gold Mines property (80 claims; 1,438 ha) for approximately 10‑14 days, commencing within a few days of the release.
  • Objective: Locate and sample historic high‑grade gold occurrences and newly identified surface showings to define drill targets for an early‑2026 winter diamond drilling program.
  • Recent Discoveries on Property:
  • Two new surface showings with assays of 57.7 g/t Au & 16.7 g/t Au, and 14.8 g/t Au & 7.21 g/t Au respectively.
  • Historic drill hole (Hole 12) returned a 3.7‑m intercept containing visible gold in quartz‑carbonate veining.
  • Historical Context: The Shaft zone was previously developed to 162 m depth with three underground levels, producing modest high‑grade gold; historic resource figures are not NI 43‑101 compliant.
  • Future Work: All identified occurrences will be prospectively mapped, sampled, and subsequently targeted for diamond drilling in early 2026.
  • Board Change: Tom McCandless resigned from the Board of Directors but will continue to assist Rockland as a member of its Advisory Board.
  • Qualified Person: Technical disclosures reviewed and approved by Donald Hoy, M.Sc., P.Geo., Qualified Person under NI 43‑101.

Notable Quotes

“We are excited to get back on the historic Cole Gold Mines project that, until Rockland acquired it, had been family owned and developed since the 1930’s… we look forward to systematically mapping and sampling and ground truthing our own high priority drill targets.” – Michael England, CEO & Director


Materiality Assessment: Non‑Material – Positive (operational update with no immediate financial impact but indicative of continued exploration activity).

Read the original news release →

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