Rogue
Resources Announces Drill Core Assays up to 99.6% SiO2 and
"H" Quartzite Channel Samples Assays up to 99.9% Silica,
Drill Program Increased to 7,500 Meters
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sept.
28, 2015)
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CHANNEL SAMPLES COLLECTED ON
QUARTZITE UNIT "H" ASSAY UP TO 99.9% SiO2
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21 OF 25 PHASE ONE DRILL HOLES COMPLETED
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PHASE TWO DRILLING UNDERWAY
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DRILL CORE ASSAYS ON 'G' QUARTZITE UNIT ASSAY UP TO
99.6% SiO2
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SECOND DRILL ON SITE
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DRILL PROGRAM INCREASED TO 7,500 METERS
Rogue Resources Inc. (TSX
VENTURE: RRS)
("Rogue" or the "Company") is pleased to announce that assay
results from the Lac de la Grosse Femelle silica project ("Femelle")
located approximately 42 kilometers ("km") north of Baie-Saint
Paul, Québec, and 4 km northeast of Sitec's operating silica
mine have been received. The drill core assays from the
first drill hole completed on the 'G' quartzite unit
returned assays of up to 99.6% silica. The channel sample
assay results of samples R13B, R13C, and R13D recorded up to
99.9% high purity silica SiO2,
were taken from the newly discovered "H" pure white,
coarse-grained, massive and crystalline quartzite unit that
demonstrates no apparent discolouration.
"The high purity silica assays of
up to 99.6% in the drill core, coupled with the high purity
silica assays of up to 99.9% from the three additional
channels collected on the "H" quartzite unit is highly
encouraging", commented Company President and CEO, John de
Jong. "The assays from the first drill hole are significant
as they parallel to a large degree the channel sample assays
located at surface above this hole. We look forward to
receiving the assay results from successive drill core over
the coming weeks and months, as we complete our 2015 drill
program. This information will give us the data necessary to
calculate the volume and consistency of silica purity
throughout the quartzite units for a planned resource
calculation in the New Year."
Drill Hole GF15-1 Overview
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Located 25 metres ("m") southeast
of channel R6 and under channel R6 on the "G" quartzite
zone
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177 m in depth with 72 samples collected in the
quartzite unit "G"
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72 samples collected for a total sampling length of
113.5 m
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71 samples in the quartzites total length of 111.5 m or
42.5 m true width
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23 of 42 samples returning assays ranging from 99.0% to
99.6% SiO2 over
combined width of 38.2 m
Sequence of Assayed Silica Oxide Contents (Over 99.0% SiO2)
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Sequence 1: 8.7 m core length
(16.0m to 24.7m) or 3.3 m true width
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2 of 8 assays 99.0% and 99.1% SiO2
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8.7 m interval assayed between 98.1% to 99.1%
SiO2
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Sequence 2: 5.3 m core length (46.3 m to 51.6 m) or
2.0 m true width
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2 of 3 assays 99.0% and 99.1% SiO2
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5.3 m interval assayed between 98.3% SiO2to
99.1% SiO2
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Sequence 3: 25.6 m core length (53.6 m to 79.2 m) or
9.8 m true width
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12 of 18 assays 99.1% to 99.1% SiO2
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25.6 m interval assayed between 98.6% SiO2to
99.6% SiO2
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Sequence 4: 30.0 m core length (90.0 m to 120.0 m)
or 11.4 m true width
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7 of 13 assays 99.0% to 99.3% SiO2
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30.0 m interval assayed between 98.2% SiO2to
99.3% SiO2
The high purity quartzites are white, coarse, crystalline,
and massive. Little or no apparent pink staining was
observed.
Please see sectional map here:
http://www.rogueresources.ca/i/maps/2015-09-22_FemelleSilicaSGF15-1_qEHt45.pdf
For further information, please
reference Table #5 at the URL below or at the end of this
news release:
http://www.rogueresources.ca/i/pdf/2015-09-28_RRS_Tables_qEHt45.pdf
The Company is also pleased to announce that it has expanded
its current drill program to 7,500 meters. Twenty one of the
25 Phase One drill holes, comprising 3,150 m have been
completed to date. An additional drill arrived on September
17th and
has already completed two holes for a total of 350 m of the
Phase 2 drill program. With the arrival of the second drill,
all drilling, including the additional meters, are expected
to be completed prior to the end of November. The drill plan
has been designed to test the extent of Quartzite Unit "G"
and the newly discovered "H" Quartzite unit, including their
purity, depth, width and length of extension below surface.
Upon receiving all of the assays and compiling the results,
an independent firm will be tasked with preparing a NI43-101
compliant resource report and a corresponding Preliminary
Economic Assessment ("PEA").
Channel Sample Update
Channel R13B, R13C and R13D
collected on the "H" quartzite unit located 230 m
north-northeast of the 1.65 km strike length "G" quartzite
unit returned assays of up to 99.9% high-purity silica Si02.
Channel sampling demonstrate that the quartzites are white,
of high purity and have minor amounts of secondary minerals.
To view a drill and channel sampling
location map click on the link below:
http://www.rogueresources.ca/i/maps/2015-09-22_FemelleSilicaDP_qEHt45.pdf
Channel Sample Results
Channel samples, R13B, R13C
and R13D, consisting of 39 samples totaling 63.8 m of
channelling were delivered to SGS Laboratories in Québec
City, Québec. Assay results for 39 samples over 63.8 m from
channels R13B, R13C, and R13D from the newly discovered
quartzite unit "H" have been received.
Channel R13B Details
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Located 24 m southwest of channel
R13 on the "H" quartzite zone
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Total channel sample length 50.5 m
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9 of 39 samples returned assays ranging from 99.0% to
99.9% SiO2 over
combined width of 14.5 m
Sequence of Assayed Silica Oxide Contents (Over 99.0% SiO2)
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Sequence 1: 1.6 m
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1.6 m interval assayed 99.2% SiO2
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Sequence 2: 12.0 m
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3.0 m interval assayed 99.8% to 99.9% SiO2
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1.5 m interval assayed 99.0% SiO2
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3.5 m interval assayed 99.2% to 99.7% SiO2
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Sequence 3: 2.0 m
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2.0 m interval assayed 99.0% SiO2
For further information, please reference Table #1 at the
URL below:
http://www.rogueresources.ca/i/pdf/2015-09-28_RRS_Tables_qEHt45.pdf
Channel 13C Details
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Located 22 m southwest of channel
R13 on the "H" quartzite zone
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Total channel sample length 9.3 m
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2 of 5 samples returned assays ranging from 99.0% to
99.1% SiO2 over
combined width of 3.3 m
Sequence of Assayed Silica Oxide Contents (Over 99.0% SiO2)
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Sequence 1: 2.0 m
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2 m interval assayed 99.0% SiO2
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Sequence 2: 1.3 m
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1.3 m interval assayed 99.1% SiO2
For further information, please reference Table #2 at the
URL below:
http://www.rogueresources.ca/i/pdf/2015-09-28_RRS_Tables_qEHt45.pdf
Channel 13D Details
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Located 16 m south of channel R13
on the "H" quartzite zone
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Total channel sample length 4.0 m
Two samples returned assays just below 99.0% SiO2 of
98.8% and 98.9% over combined widths of 4.0 m
The high purity quartzites are white, coarse, crystalline,
and massive. No apparent staining was observed.
For further information, please reference Table #3 at the
URL below:
http://www.rogueresources.ca/i/pdf/2015-09-28_RRS_Tables_qEHt45.pdf
Drilling Update
All 32 drill pads have
been prepared to date. Drilling takes place 24 hours per day
and both Phase One and Phase Two programs are scheduled to
be completed by mid-to-late November. As part of the
Company's commitment to preserve the local fauna and forest,
remediation of each drill site and access point takes place
immediately upon leaving the location and as the project
progresses.
To date 23 drill holes have been completed, GF15-1 to
GF15-23 (Table #6 & 6B), for a total of 3,150 m. Fourteen
drill holes, GF15-1 to GF15-3, GF15-5 to GF15-13, GF15-21
and GF15-23, intersected quartzite over a strike length of
550 m on the western end of the Quartzite G (See map link).
The quartzite has a true width of 76 m to 94 m of white to
pinkish-red quartzite that is coarse, crystalline and
massive to banded. On the eastern side of Quartzite G, five
drill holes, GF15-17 to GF15-20 and GF15-22 (See map link),
intersected quartzite over a strike length of 410 m with
true widths of 35 m to 76 m that widens and remains open
eastward. The quartzite is white, coarse, crystalline, and
massive.
Quartzite H, located 225 m north of Quartzite G, was drilled
by hole GF15-4 intersecting 44 m of white quartzite, coarse
grain, crystalline and massive. The quartzite is open in
both directions, east-west, and will be drilled within the
next several weeks.
For all drill tables and information
relating to planned and completed drill holes, quartzite
lengths intersected and samples collected in each drill hole
please reference URL below and scroll through the tables.
http://www.rogueresources.ca/i/pdf/2015-09-28_RRS_Tables_qEHt45.pdf
Private Placement
The Company is pleased
to confirm that to date it has raised $1,700,000 of the
$2,500,000 non-brokered private placement announced on
September 9, 2015. The balance of the placement is expected
to close on October 2, 2015.
Use of Proceeds for the Offering
The proceeds from the
offering will be used to advance the Lac de la Grosse
Femelle Silica property by completing the 2015 exploration
program outlined in the Company presentation available on
its website. The proceeds will also be used to initiate the
2016 exploration program which will include metallurgical
testing, further drilling, bulk sampling, resource
calculation and PEA as well as for general working capital...
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