Sorrento Resources stakes 109 claims at Rodgers Cove

Executive Summary

• Sorrento Resources Ltd. has significantly expanded its Rodgers Cove gold project in Newfoundland & Labrador by staking 109 new mineral claims (2,725 hectares) directly over the Appleton Fault Zone.
• The expansion increases the total project land package by 72%, bringing the total holdings to 260 claims covering 6,500 hectares.
• The newly staked area is strategically located adjacent to New Found Gold’s Queensway expansion project and over a structural control known to host high-grade gold deposits.

Key Details

• New Staking Details:
  • Added 109 mineral claims covering 2,725 hectares.
  • Claims are held under a single mineral licence.
  • Location: Directly overlapping the Appleton Fault Zone (AFZ).
• Project Totals:
  • Total project size is now 260 claims.
  • Total area is 6,500 hectares.
  • Represents a 72% increase in total landholdings.
• Strategic Context:
  • The AFZ is an important structural control for New Found Gold Corp.’s high-grade Keats and Iceberg gold deposits.
  • New claims adjoin New Found Gold's Queensway expansion project.
  • The land package is in the central Newfoundland gold camp with historical high-grade gold surface samples but no advanced exploration testing to date.
• Exploration History:
  • Previous operator (Newfoundland Discovery Corp.) completed prospecting, soil sampling, and trenching in 2021–2022.
  • Widespread gold anomalies noted throughout claim holdings.
  • Limited trenching yielded a channel sample returning 115.6 grams per tonne gold over one metre.
  • No modern geophysical coverage or diamond drilling has been completed to date.
• Future Plans:
  • Geochemical and geophysical exploration programs are continuing and set to be completed by the end of 2025.
  • A fully financed diamond drilling program is set to begin in early 2026.

Notable Quotes

• Alex Bugden, PGeo, CEO, President and Qualified Person: "We are thrilled to announce that we have expanded the Rodgers Cove property immensely. To have a large land package along the prolific central Newfoundland gold belt positions Sorrento in a very desirable position. The fact we were able to stake these claims ourselves, directly over the Appleton fault, was an opportunity we were not willing to let slip by."