Sorrento Resources Receives Permit to Drill Rodgers Cove Gold Project

Executive Summary

• Sorrento Resources Ltd. has received the required permit to commence drilling at its Rodgers Cove Gold Project in Newfoundland and Labrador.
• The company will mobilize the drill rig from the Bottom Brook Project to Rodgers Cove immediately after completing the current Bottom Brook drilling program.
• The upcoming Rodgers Cove campaign is planned for approximately 1,500–2,000 m of diamond drilling targeting priority zones.

Key Details

• Permit approval enables the start of a new drilling campaign at Rodgers Cove Gold Project.
• Planned drill program: ~1,500 to 2,000 metres of diamond drilling.
• Mobilization timeline: rig will move from Bottom Brook to Rodgers Cove as soon as Bottom Brook drilling is finished.
• Objective: test priority targets and advance the Rodgers Cove project toward potential resource definition.
• Management quote (Alex Bugden, President & CEO): “Receiving this permit clears the way for us to get drills turning at Rodgers Cove… we are excited to build on our exploration momentum and move straight into a focused drill program as soon as Bottom Brook is completed.”

Notable Quotes

"Receiving this permit clears the way for us to get drills turning at Rodgers Cove," said Alex Bugden, President and Chief Executive Officer of Sorrento. "We are excited to build on our exploration momentum and move straight into a focused drill program as soon as Bottom Brook is completed."