Sorrento mobilizes drill crews, rig to Rodgers Cove

Executive Summary

• Sorrento Resources has successfully mobilized drill crews and a diamond drill rig to its Rodgers Cove gold project in Newfoundland, marking the first time the property has been drill tested.
• The initial drilling program will consist of a minimum of 10 diamond drill holes totaling approximately 1,500 meters, targeting three soil anomalies identified in a recent exploration program.
• Drilling will operate on a 24-hour basis, with the completion of the first hole anticipated early in the week following mobilization.

Key Details

• Mobilization Status: Drill crews and a diamond drill rig have been successfully mobilized to the Rodgers Cove gold project.
• Drilling Scope: The initial phase involves a minimum of 10 diamond drill holes.
• Total Meterage: Approximately 1,500 meters.
• Target Areas: Three soil anomalies identified during the company's recent exploration program (referenced in the March 4, 2026 release titled "Sorrento Resources Identifies Several High-Grade Soil Gold Anomalies up to 525 m by 450 m in Size, Newfoundland").
• Significance: This is the first-ever drill program at the Rodgers Cove gold property.
• Schedule: Drilling will be conducted on a 24-hour basis.
• Timeline: Completion of the first drill hole is anticipated early in the week following the announcement.
• Project Location: Gander Bay, Newfoundland, near the town of Rodgers Cove, less than 50 km north of Gander.
• Property Size: 12 mineral licenses totaling 6,500 hectares (260 claims).
• Geological Context: Located in the central Newfoundland gold belt (CNGB), specifically within the Exploits subzone along the Appleton and JBP faults.
• Historical Data: Limited prior exploration; previous trenching yielded encouraging results of 115.6 g/t gold over one meter. No prior diamond drilling has been completed.

Notable Quotes

• "We are excited to begin the first-ever drill program at Rodgers Cove," said Alex Bugden, president and chief executive officer of Sorrento Resources. "Mobilizing the drill rig represents an important step forward for the company as we begin drill testing several large gold soil anomalies identified during our recent exploration program. Given the scale of these anomalies and the strong historical trenching results on the property, we believe Rodgers Cove represents a compelling exploration opportunity within the central Newfoundland gold belt."