Mr. Michael England reports
CORPORATE UPDATE: ROCKLAND RESOURCES ADVANCES GOLD STRATEGY, REPOSITIONS UTAH BERYLLIUM ASSETS
Rockland Resources Ltd.
has provided the following corporate update on activities in both Red Lake as well as in Utah.
Red Lake, Ont.
Rockland is in the process of engaging a driller to commence drilling imminently at its 100-per-cent-owned flagship Cole gold mine project located in the prolific Red Lake mining district, Ontario. Details on the drill company and a starting date will be announced shortly.
The Cole gold mine property hosts over 30 gold-bearing veins mapped on the property and over 100 counts of visible gold recorded on surface. Vein grab samples have returned high grades, and gold is pervasive but grades are not always continuous along strike. Recent prospecting work on the property sampled veins outside of the Cole mine that returned 111 grams per tonne gold and 145 g/t Au from quartz vein No. 20 (refer to news release dated Nov. 26, 2025).
In late 2025, veins at the Cole gold mine were modelled in 3-D using historic underground mine maps. Historic drilling shows gold mineralization extends to a vertical depth of 320 metres and is open at depth. High-grade shoots have been identified, which are the primary focus of the planned 2,500-metre drill program (Area 1).
Historic drill hole 12 drilled into a lithology contact 500 metres southwest of the mine, where it intersected 3.7 metres of high-grade gold mineralization with visible gold. This will be the second area (area 2) of drilling focus.
The third area of focus is vein 6, where historic vein sampling returned 51.5 g/t gold and 64 g/t silver over a 30-centimetre-wide vein.
Mineralization on the property is associated with shear-zone hosted quartz veins commonly in contact with diorite dikes. Veins range from 10 centimetres to two metres in width, reaching strike lengths of up to 300 metres. The shear zones have an approximately east-west strike, and veins generally dip 65 to 75 degrees north.
Utah
In regard to Rockland's Utah beryllium portfolio, consisting of the Claybank and Meteor projects, management has made the decision to seek earn-in partners
for both projects.
"Given the success and overwhelming interest in the historic Cole gold mines project, we have determined it to be in the best interest of shareholders that we focus our efforts and resources in Red Lake," stated Mike England, chief executive officer of Rockland. "We welcome expressions of interest from entities with an interest in our beryllium properties."
Beryllium Butte
The company reports that it will no longer pursue the Beryllium Butte claims in Utah. The Bureau of Land Management has made the lands ineligible for any mining activity for reasons that do not involve the company. The company does not see any value in appealing this decision and expects to receive a refund of all yearly fees paid with respect to such claims to date, as well as the return of the bond that it posted with respect to the claims.
Qualified person
Rockland's disclosure of a technical or scientific nature in this news release was reviewed and approved by Danae Voormeij, PGeo, who is a registered professional geoscientist with Engineers and Geoscientists British Columbia since 2007. Ms. Voormeij serves as the qualified person under the definition of National Instrument 43-101, as well as Rockland Resources' newly appointed chief geologist.
About Rockland Resources Ltd.
Rockland Resources is committed to unlocking value through focused mineral exploration and discovery. Its portfolio includes the historic
Cole gold mine project
in the world-class Red Lake gold district of Ontario. By leveraging geological expertise, disciplined exploration and strategic project development, Rockland Resources aims to deliver meaningful growth and long-term value to its shareholders.
We seek Safe Harbor.
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