Rogue Resources Inc.

Flagship Iron Ore and Nickel Projects in World Class Mining District of Timmins Ontario Rogue Resources Inc. is well positioned to discover and capitalize on world class gold, silver, copper, nickel, zinc, platinum and palladium deposits in North America.

VANCOUVER, BRITISH COLUMBIA--(Sept. 21, 2011) - Rogue Resources Inc. (TSX VENTURE:RRS) (the "Company") is pleased to announce assay results from diamond drilling conducted on its W4 Langmuir Nickel Deposit earlier this year. The Langmuir property is located 35 km south of the city of Timmins, Ontario. The company drilled 13 diamond drill holes totaling 2,282 meters. Six HQ sized holes were drilled for the purposes of metallurgical testing on the A zone and seven NQ sized holes were drilled to test for extensions on the east side of the W4 deposit. Drilling intersected significant mineralization in both the metallurgical and exploration drill holes (see complete results tabulated below).

The seven exploration holes tested the eastern portion of the W4 Deposit, the eastern strike extension of the W4 deposit and the western portion of the W3 area. Four of the seven exploration holes intersected the eastern margin of the W4 nickel deposit with hole RL11-09 returning 1.54% Ni over 9.4 m near surface. Hole RL11-11 was drilled 50 m east of the W4 deposit and encountered anomalous nickel mineralization in the host ultramafic flow within the A Zone; Hole RL11-12 150 m east of the W4 deposit encountered a diabase dyke and only minor ultramafics; and Hole RL11-13 intersected the target ultramafic volcanic flows, however, no significant nickel sulphides were observed.

For the resource statement reported on April 2010, a total of sixty-nine core drillholes for 22,152 meters were used. Seven (NQ) of the holes reported today were drilled to test mineralization extensions to the east, and the remaining six (HQ) drilled to primarily provide material for metallurgical testing in support of a scoping level study. The additional drilling is being used to update the resource model, which is currently being applied in scoping level studies by SRK Consulting (Canada) Inc. The new drilling has allowed a more confident definition of nickel mineralization for the mining studies and has provided material for low, medium and high grade composite metallurgical samples which have allowed a better understanding of the metallurgical properties of the nickel mineralization.

"The discovery of additional near-surface mineralization has the potential to enhance the overall viability of mining at Langmuir," stated Company CEO, Steve de Jong. "Langmuir will continue to play an important role in the Company's strategy and as we work towards a scoping study we will continue to assess various options to help realize the full value of the project. We are also pleased to announce drilling is progressing well on our Radio Hill Iron Ore Project and expect to see results through the fall and into 2012."

The Company also announces that the Board of Directors of the Company has elected to adopt a shareholder rights plan that will be presented for ratification by the shareholders of the Company at the Company's annual general meeting to be held on October 17, 2011. The Rights Plan is subject to the approval of the TSX Venture Exchange.

The shareholder rights plan has been adopted to ensure the fair treatment of all shareholders with respect to any takeover bid for the common shares of the Company. It is designed to provide shareholders with an opportunity to properly consider a takeover bid without undue time constraints. In addition, it will provide the board with additional time for review and consideration of an unsolicited takeover bid and, if necessary, for the consideration of alternatives. Additional details regarding the shareholder rights plan will be provided in the Information Circular that will be available for viewing on SEDAR and mailed to the shareholders of the Company prior to the annual general meeting.

The Company has no knowledge of any pending or threatened takeover bids for the Company, and has no reason to believe that any takeover offer for the Company's shares is imminent. This rights plan is not being adopted in response to any proposal to acquire control of the Company.

Kevin Montgomery, P.Geo., is the qualified person for the purposes of National Instrument 43-101 and has reviewed the technical contents of this press release.

ABOUT ROGUE RESOURCES

In addition to the Langmuir Nickel Project, the Company has an advanced stage Radio Hill Iron Ore project 80km southwest of Timmins. In June of 2011 the Company completed a financing for $4,600,000 and in July signed a 10,000 meter drill contract with Forage Orbit Drilling Inc. Drilling commenced in August 2011 and the Company expects to see results from this project throughout Q4, 2011. Because of the advanced stage of this asset the Company's next milestone will be the completion of a NI 43-101 compliant resource estimate.

ON BEHALF OF THE BOARD OF DIRECTORS

Steve de Jong, President & CEO

Please login to post a reply
ron4n
City
Rank
President
Activity Points
4542
Rating
Your Rating
Date Joined
05/14/2008
Social Links
Private Message
Rogue Resources Inc.
Symbol
RRS
Exchange
TSX-V
Shares
17,456,989 common shares
Industry
Metals & Minerals
Create a Post