Rogue Resources Records Silica Purity of Up to 99.9% at the Femelle Silica Project
(firmenpresse) - VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 08/20/15 --
Rogue Resources Inc. (TSX VENTURE: RRS) ("Rogue" or the "Company") is pleased to announce that assay results from two of fourteen channel sample units comprising 256 samples have been received on the Lac de la Grosse Femelle silica project ("Femelle") located approximately 42 kilometers ("km") north of Baie-Saint Paul, Quebec, and 4 km northeast of Sitec's operating silica mine. These initial assay results are indicative of the high purity silica trends that are contained in the quartzite units.
The Company is also pleased to announce that four of the 24 drill holes planned for Phase One have been completed. In addition to providing core which will be assayed to prove up consistency of silica purity, the drill program is designed to provide the depth of the quartzite units as the width and length are already known visually from surface.
"The assays received thus far are the start of what is hoped to be the validation of the silica purity of the quartzite units first reported in our news release of December 10, 2014, to which we have added a newly discovered quartzite structure (News Release, August 13, 2015)," commented Company President and CEO, John de Jong. "Drilling currently underway is determining the depth of the east-northeast trending quartzites and with the already known length and width seen visually, will not only help determine volume but also the consistency of high purity silica by way of core assay. All of the resultant information will be utilized as we prepare for a resource calculation early in 2016."
Channel Sample Results
Channel samples, R1 - R14, consisting of 256 samples totaling 446.7 meters of channelling were delivered to SGS Laboratories in Quebec City, Quebec. Assay results for channels R6 and R7 consisting of 110 samples totaling 196.5 meters ("m") have been received. (Table 1).
The results of the other 12 channel sample results are pending.
Channel R6 Details:
Sequences of Assayed Silica Oxide Contents (Over 99.0% SiO2)
The higher silica content and purity was in quartzites that were white, coarse crystalline, and massive.
Table #1 - Channel R6
Channel 7 Details
Sequences of Assayed Silica Oxide Contents (Over 99.1% SiO2)
The high purity quartzites are white, coarse, crystalline, massive and occasionally lightly pink
Table #2 - Channel R7
Table 3. Channel Location, Length and Sample Units.
DRILLING UPDATE
Four of the 24 drill holes planned for Phase One drilling have been completed. Of the 24 required drill pads, 15 have been prepared to date. Drilling is designed to test the extent of Quartzite Units "G" and "D", including their purity, depth, width, and the length of extensions below surface. 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. Pending results, the Company may increase the initial 5,000 meter ("m") drill program.
To view a photo of the drill pad and Sitec's Upper Silica Pit in distance click on the link below:
To view a photo of the drill working on site click on the link below:
To view a drill location map click on the link below:
Table 4. Planned and drilled diamond drill holes, Phase One.
About Rogue Resources Inc
With its diverse portfolio of properties, all in good standing, the Company has the ability to focus its efforts and finances on the project that demonstrates the greatest market potential for return. The recent investment of $382 M by the Quebec provincial government in Grupo FerroAtlantica, one of the world's largest silicon metal producers, to build a silicon metal plant located near our silica property is a great foundational point to launch this silica rich quartzite property.
The Femelle Project is located approximately 42 km north of Baie-Saint Paul, situated on the St. Lawrence River, and is 4 km northeast of the Mine Sitec silica mine, in operation for over fifty years. Access to the project is via a paved highway and well maintained forestry access roads.
Qualified Person
The Lac de la Grosse Femelle exploration project is under the direct supervision of Eddy Canova, P Geo., and Senior Vice-President of the Company, a Qualified Persons ("QP") as defined by National Instrument 43-101, assisted by Alain-Jean Beauregard, P.Geo., and Daniel Gaudreault, Eng., Geo. of Geologica Inc., and Dr. Trygve Hoy, P.Eng, PhD, all independent QPs as defined by National Instrument 43-101. The Company's QP has approved the scientific and technical content of this release.
On Behalf of Rogue Resources Inc.
John de Jong, CEO & President
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.
Cautionary Note Regarding Forward-Looking Statements: Certain disclosures in this release constitute forward-looking statements, including timing of completion of exploration work. In making the forward-looking statements in this release, the Company has applied certain factors and assumptions that are based on the Company's current beliefs as well as assumptions made by and information currently available to the Company, including that the Company is able to obtain any government or other regulatory approvals, that the Company is able to procure personnel, equipment and supplies required for its exploration and development activities in sufficient quantities and on a timely basis and that actual results are consistent with management's expectations. Although the Company considers these assumptions to be reasonable based on information currently available to it, they may prove to be incorrect, and the forward-looking statements in this release are subject to numerous risks, uncertainties and other factors that may cause future results to differ materially from those expressed or implied in such forward-looking statements. Such risk factors include, among others, those matters identified in its continuous disclosure filings, including its most recently filed MD&A. Readers are cautioned not to place undue reliance on forward-looking statements. The Company does not intend, and expressly disclaims any intention or obligation to, update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required by law.
Contacts:
Rogue Resources Inc.
John de Jong
CEO/President
(604) 629-1808
Rogue Resources Inc.
Sean Budnick
Investor Relations
Montreal, QC
(514) 397-0110
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Datum: 20.08.2015 - 13:00 Uhr
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News-ID 414996
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