VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 11, 2008) - Rolling Rock Resources Corporation (the "Company") (TSX VENTURE:RLL) commenced a 2,500 metre diamond drilling campaign on the Domain Property in northern Manitoba, Canada.
The Domain Property is host to several strike (up to 3.5km long) and dip persistent (at least 100m high) NW trending gold bearing structures that are dipping steeply to the SW. These structures are associated within silicified zones containing variable sulphide (pyrite, pyrrhotite and arsenopyrite) and are structurally and geologically comparable to the Company's Monument Bay Property (located 150km to the East). On January 8, 2008 the Company announced a NI 43-101 compliant updated inferred resource of 4,888,000 tons grading 6.01 g/t gold for 944,000 ounces at a cut off grade of 3 g/t on the Monument Bay project.
The mineralized structures at the Domain property correlate well with both aeromagnetic discontinuity as well as ground magnetic and horizontal loop electromagnetic trends. Before this drill program there have only been 23 short drill holes totaling 3,600 metres completed on certain areas of the known structure. All previous holes drilled returned elevated gold values including:
- 30.90 g/t over 0.7 metres
- 12.6 g/t over 1.3 metres
- 7.18 g/t over 2.6 metres
- 5.4 g/t over 4.1 metres
- 5.0 g/t over 2.6 metres
- 3.56 g/t over 6.5 metres
A minimum 20 hole, 2,500 metre diamond drill program has been recommended to follow up these encouraging drill hole results with the objective of further defining the mineralized zone orientation and delineating the full extent of higher grade zones. Drilling will also probe the continuity of known mineralized zones along strike.
The Domain Project, measuring 7 kilometres x 20 kilometres totaling 14,000 hectares, covers air and ground geophysical targets over the Gods Lake greenstone belt. It is located 15km east from Oxford House and is assessable with winter roads. Oxford House, with a population of approximately 2,500 people, has a motel, fuel suppliers, a Northern store, nursing station, all season airport with daily flights to Winnipeg and Thompson, and hydro-electric power.
The Company owns 51% of the Domain Project and the cost of this program will earn it an additional interest. The Company can earn up to a 65% interest with the expenditure of an additional $700,000.
Mr. Johan M. Shearer M. Sc., P. Geo; Project Manager and the Qualified Person for the Company has reviewed and approved the content of this press release.
FOR FURTHER INFORMATION PLEASE CONTACT:
Rolling Rock Resources Corporation
Scott Angus
(604) 488-1456
