Rockridge Resources Ltd. announced it will be mobilizing shortly to begin a summer drill program of approximately 1,000m – 1,200m at its Knife Lake High-Grade Copper VMS Project located in Saskatchewan, Canada. Rockridge is fully funded and permitted for this drill program. Using the results and interpretation from the recently completed geophysical programs, as well as the 2021 drill and field programs, the upcoming program will focus on targets at the Gilbert Lake zones as well as at the deposit.

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. New VTEM survey data displays up to 15 km strike length of highly conductive near-surface anomalies hosted in prospective stratigraphy in regional target areas. The regional target areas, which include the Gilbert Lake Targets, were previously identified through geological mapping, surface sampling and geochemical analyses as stratigraphy with high potential to host valuable copper occurrences and other sulphide mineral occurrences.

This stratigraphy is interpreted to be the same horizon that hosts the Knife Lake Deposit and will be drill tested in this upcoming program. The focus of the 2022 drill program will be on the highly prospective Gilbert Lake target area as well as continued infill and expansion drilling at the Knife Lake deposit. The program will consist of 1,000m – 1,200m in six to eight drill holes.

The Gilbert Lake targets were identified from the results and interpretation of the previous geophysical, drill and field programs. Results from these programs show that airborne VTEM surveys can successfully identify zones of VMS-style mineralization hosted in favourable stratigraphy on the property. Rockridge has signed contracts for the installation of the exploration camp, helicopter rental and a preferred drill contractor to support the upcoming program. The planned drilling at the Gilbert Lake South target area will further investigate strike-length continuity of the mineralized horizon intersected in 2021 drilling, which remains open to the south.

The holes will also evaluate potential zoning of mineralization, which is commonly observed in VMS systems. Additional holes at a newly discovered copper showing at the Gilbert West Area have also been prioritized. The holes will target the down-dip extension of a mineralized and intensely altered volcanic package which is interpreted to be the Knife Lake stratigraphic horizon. The Gilbert West target has never been drill tested.

The Company is also planning drilling at the Knife Lake deposit area as infill and expansion drilling to upgrade the existing resource estimate. Rockridge has received its exploration permit which is good through February 2024.