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.
Rogue Resources Continues High-Grade Intercepts; Drill Core Assays up to 99.6% SiO2 and "H" Quartzite Channel Samples Assays up to 99.9% Silica, Drill Program Increased to 7,500 Meters
NEW YORK, NY, October 2, 2015 /Sector Newswire/ - Rogue Resources Inc. (TSX-V: RRS) (US Listing: GCRIF) this week announced an update on exploration efforts on its Lac de la Grosse Femelle silica project in Quebec, including continued high-grade/high-purity silica drill results and channel samples up to 99.9% Si02 (see further below for copy of the related September 28, 2015 Company release).
Rogue's Femelle Project appears to host a massive near-surface high-purity silica deposit
Extrapolating exploration channel sampling data and drill data to date, it is evident Rogue Resources is in the process of quantifying what appears to be a spectacular high-purity silica deposit. The deposit has two road accesses directly to the main quartzite and the material appears easily exploitable. Rogue is in the process of proving up the consistency and purity of the deposit over a large volume, the visually identified strike of one lens ('G'-unit) alone is now 1.5 km. The channel sampling performed to date has already covered the entire width of the lens and if the current drilling campaign affirms the depth of what it now known at surface it is not unreasonable to conservatively expect several million tonnes of shovel-ready high-purity silica to be moved toward first-pass resource estimate planned for early-2016.
Investors establishing a long position in RRS.V now will have the opportunity to experience gains similar (if not better) to those experienced by investors in that had the foresight to have invested in SNS.V which went from well-under 10 cents to over 45 cents in H1-2015 -- initial sampling results appear to indicate Rogue Resources has grades superior to those of SNS.V. RRS.V has 47.4 million shares outstanding (~68.7M fully diluted) and is well capitalized to execute on objectives for 2015. The market cap of RRS.V is >CDN$7 million and presents an exceptional risk-reward scenario as Rogue's silica deposit appears quick to resource. The inherent value of Rouge's assets justifies a market cap several times the current and as the reality/success of exactly what RRS.V possesses becomes more apparent to the market this will translate to a market success for investors astute enough to establishing a long position in RRS.V now. Also important to note is the fact management of Rogue has a track record of recent success in the mining sector and they are supported by a highly experienced office staff that it shares with Integra Gold. Rogue has grades superior to its neighbor which has been profitably in production for decades -- Market Equities Research Group expects favorable results from the 7,000 m drill program (now underway), and favorable results materializing will have potential to act as a catalyst for considerable upside share price revaluation. |
Sector Newswire has identified the following research links for additional DD on Rogue Resources Inc.:
- Rogue Resources Inc. corporate website: www.rogueresources.ca
- SEDAR Filings for Rogue Resources Inc.: http://sedar.com/DisplayProfile.do?lang=EN&issuerType=03&issuerNo=00008485
- Recent Mining Journal review of Rogue Resources Inc.: http://miningmarketwatch.net/rrs.htm
- Q1-2015 interview of Rogue's President/CEO by Secutor Capital Management: http://sectornewswire.com/Analyst-Interview-RRS-Jan-2015.pdf
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ron4n
City
Rank
President
Activity Points
4542
Rating
Your Rating
Date Joined
05/14/2008
Rogue Resources Inc.
Symbol
RRS
Exchange
TSX-V
Shares
17,456,989 common shares
Industry
Metals & Minerals
Website