Rogue Resources has announced plans for a 2,500-metre drilling program at its Radio Hill gold property near Timmins.
The company said it is in the process of applying for exploration permits and plans to start the drill program later this year.
The Radio Hill property comprises 1,800 hectares, located about 85 kilometres southwest of Timmins, along the interpreted western extension of the Porcupine-Destor Fault Zone (PDFZ).
“We are excited to get back drilling and begin to explore the gold potential of Radio Hill. Much value generation occurs in our industry, especially in the PDFZ, from the drill bit. If we find gold here, we should be able to monetize it," Rogue president-CEO Sean Samson said in a release.
“As mentioned (on Aug. 3), Rogue is continuing with a re-prioritization of opportunities across our portfolio and externally, following our stated criteria this gold drilling is in line with that strategy.”
The company simultaneously announced it had completed 4,500 m3 of overburden stripping at its Silicon Ridge project in Québec, in advance of detailed mapping and sampling at that property.
Toronto-based Rogue Resources describes itself as “focused on generating positive cash flow from assets.”
It additionally holds in its portfolio the nickel sulphide Langmuir property, located 25 kilometres south of South Porcupine.
