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VANCOUVER, Sept. 24, 2018 /CNW/ - Rover Metals Corp.
(TSXV: ROVR) ("Rover Metals" or the "Company") is
pleased to announce the successful completion of the first phase of
its fall-2018 exploration program on its 100% owned Cabin Lake
property. Phase one of the exploration was comprised of a Unmanned
Aerial Survey ("UAS") Supported Total Field Magnetic Survey, a
geochemical survey program and reconnaissance mapping of historical
occurrences for data verification.
The Total Field Magnetic UAS covered the entirety of the
property for a total of 102 line-kilometers of collected data.
Survey lines were placed at 25m and
50m spacings and readings were taken
at one second intervals. The survey has proven to be very effective
in delineating the Bugow Iron Formation and multiple other
anomalous zones similar in kind to the known gold bearing zones
tested by previous explorers with much higher resolution than in
previous campaigns.
Judson Culter, CEO at Rover Metals, states "this is the first
time in approximately 30 years that modern geophysical instruments
and technology has been used on the historic Cabin Lake property.
The anomalies returned by the Total Field Magnetic UAS support and
enhance the gold exploration model prepared by our technical team.
The Total Field Magnetic UAS also provided real-time support and
planning for the second phase of our fall-2018 exploration program
– the geochemical survey."
Rover Metals is also pleased to announce that the its
geochemical survey which commenced on September 20, 2018 has now been completed. The
geochemical survey covered an area of approximately 1.5km x 1km in
the Southeastern part of the property at close sample spacing
(25m between samples within lines
50m apart from each other in a
North-South line orientation) for a total of 485 sampled stations.
The geo physical survey is bounded at the western side by the known
Cabin Lake, Beaver and Camp gold zones east (Andrew South zone) covering an area of high
density of NE-SW lineaments/faults/shear zones and their
intersection by repetition of folding of the Bugow Iron Formation,
host of the Cabin Lake Gold zone and other gold zones within the
property. Structural reconnaissance and surface outcrop mapping was
done concurrently to the geochemical survey to expand the overall
understanding on the structures controlling gold
mineralization.
Aurora Geosciences Ltd. from Yellowknife, NT, was commissioned to perform
the geophysical and geochemical work.
Technical information in this news release has been approved by
Raul Sanabria, M.Sc., P.Geo., VP,
Exploration Rover Metals Corp. and a Qualified Person for the
purposes of National Instrument 43-101.
About Rover
Rover Metals is a natural resource exploration company
specialized in Canadian precious metal resources and is currently
focused on the Northwest
Territories of Canada, one
of the most mining friendly jurisdictions in North America.
ON BEHALF OF THE BOARD OF DIRECTORS
"Judson
Culter"
Judson Culter Chief Executive Officer and
Director
Statement Regarding Forward-Looking Information
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news release contains statements that constitute "forward-looking
statements." Such forward-looking statements involve known and
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Actual results and future events could differ materially from those
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factor could cause actual results to differ materially from Rover's
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forward-looking statements in the event that management's beliefs,
estimates or opinions, or other factors, should change.
THE FORWARD-LOOKING INFORMATION CONTAINED IN THIS NEWS
RELEASE REPRESENTS THE EXPECTATIONS OF THE COMPANY AS OF THE DATE
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SOURCE Rover Metals Corp.