Northwire Canada EditionMonday, August 10, 2026
Northwire
TOM 0.160 +14.3% QCX 0.235 +6.8% LOD 0.385 −1.3% SSE 0.085 −5.6% GEMG 1.85 +10.1% PTX 0.095 +0.0% AII 15.51 +0.0% NAU 1.87 +9.4% NBY 0.080 −15.8% HBM 38.73 +0.8% SAGE 0.155 +6.9% NIM 0.760 +2.7% XTM 0.065 +0.0% SCD 0.225 +15.4% LXE 0.180 +24.1% SIG 1.02 +4.1% TOM 0.160 +14.3% QCX 0.235 +6.8% LOD 0.385 −1.3% SSE 0.085 −5.6% GEMG 1.85 +10.1% PTX 0.095 +0.0% AII 15.51 +0.0% NAU 1.87 +9.4% NBY 0.080 −15.8% HBM 38.73 +0.8% SAGE 0.155 +6.9% NIM 0.760 +2.7% XTM 0.065 +0.0% SCD 0.225 +15.4% LXE 0.180 +24.1% SIG 1.02 +4.1%
Drill Results

Rockland Resources Identifies a New 4.5 Kilometre-Long Gold Corridor at Cole Gold Mine Property, Red Lake Mining District in Northwestern Ontario

RKL · Price

Executive Summary

  • Rockland Resources announced the identification of a new ~4.5 km gold‑bearing corridor on its Cole Gold Mine Property in Red Lake, Ontario, defined by an ultramafic–felsic volcanic contact within the Pipestone Bay Deformation Zone.
  • Historic drill hole 12 intersected 3.7 m of visible gold‑bearing quartz‑carbonate veining at this contact, supporting the need for a focused diamond drilling program.
  • The company will advance to targeted drilling along both the ultramafic–felsic and diorite–felsic contacts to test continuity and depth of the system.

Key Details

  • Geologic Target: Ultramafic‑felsic volcanic contact zone traced for ~4.5 km strike, including segments under shallow lake cover; parallels known high‑grade districts (Great Bear Dixie, Rowan, Mount Jamie).
  • Historic Drill Result: Hole 12 – 3.7 m interval with visible gold in quartz‑carbonate veining intersecting the ultramafic‑felsic contact.
  • Prospecting Findings: Intense gold‑style mineralization and alteration identified on both (i) the under‑explored ultramafic‑felsic contact and (ii) the historic diorite–felsic contact that hosts former Cole mine workings.
  • Assay Status: Samples from 2025 prospecting program are being processed; results will be released as they become available.
  • Next Steps: Initiate a diamond drilling campaign targeting the newly defined ultramafic‑felsic corridor and further evaluate the diorite–felsic zone along strike and at depth to assess continuity of gold mineralization.
  • Qualified Person: Disclosure reviewed and approved by Donald Hoy, M.Sc., P.Geo., Qualified Person under NI 43‑101.

Notable Quotes

“The recognition of the ultramafic‑felsic volcanic contact zone as a favorable site for gold mineralization significantly enhances the scale and potential of the Cole project,” – Mike England, CEO & Director, Rockland Resources.

Read the original news release →

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