Rockridge Resources Ltd. announced that it has received an Exploration Permit for its 100% owned Knife Lake Copper Project located in Saskatchewan, Canada (the ?Knife Lake Project? or ?Property?). The permit provides for exploration activities to be conducted over a 3-year period.

The Knife Lake Project, consisting of 82 claims totaling 56,865 hectares (140,516 acres), is an advanced-stage copper, silver, zinc and cobalt exploration property in Saskatchewan host to the Knife Lake Deposit. Specifically, the permit covers mineral exploration activities including prospecting, mapping, ground/airborne geophysical surveys, drilling up to 70 drill holes, and storing core. The Company has begun planning for future exploration and drill programs at the Project.

Knife Lake Geology and History: The Knife Lake Deposit is interpreted to be a remobilized VMS deposit. The stratabound mineralized zone is approximately 15m thick and contains copper, silver, zinc, gold and cobalt mineralization which dips 30° to 50° eastward over a known strike-length within Rockridge?s claim area of 3,700 metres, and a known average down-dip extension of approximately 300 metres. The deposit is hosted by felsic to intermediate volcanic and volcaniclastic rocks which have been metamorphosed to upper amphibolite facies.

The deposit contains VMS mineralogy which has been significantly modified and partially remobilized during the emplacement of granitic rocks. The mineralization straddles the boundary between two rock units and occurs on both limbs of an interpreted overturned fold. The Company completed twenty-four holes consisting of 3,096 metres of diamond drilling in the 2019 and 2021 winter drilling programs. This represented the first drilling on the property since 2001.

Both programs have given the Company?s technical team valuable insights into the property geology, alteration, and mineralization that will be applied to future regional exploration on the highly prospective and underexplored land package. Highlights from the drill programs include previously reported hole KF19003 which intersected net-textured to semi-massive sulphide mineralization from 11.2m to 48.8m downhole. This 37.6 metre interval returned 2.03% Cu, 0.19 g/t Au, 9.88 g/t Ag, 0.36% Zn, and 0.01% Co for an estimated 2.42% CuEq.