RockBridge Announces Land Acquisition in Pembina

- May 25th, 2011

RockBridge Resources Inc. (CVE:RBE) reports that it has plans to acquire rights to the NW quarter of section 28-48-3W5 and NE quarter of section 28-48-3W5 at a crown land sale.

RockBridge Resources Inc. (TSXV:RBE) reports that it has plans to acquire rights to the NW quarter of section 28-48-3W5 and NE quarter of section 28-48-3W5 at a crown land sale.

The press release is quoted as saying:

RockBridge holds 35.7% to 50% working interests in 5 sections in the Pembina Cardium oil field in Alberta. The Company and its partner have identified up to 22 low risk horizontal drilling locations on the properties. RockBridge has a 1.0% interest in the expanding Woodrush BC oil project and various non-operated interests in Alberta and British Columbia.

Click here to access the entire press release

4 responses to “RockBridge Announces Land Acquisition in Pembina

  1. None of the prices quoted makes it viable for companies to start mining.The general consensus is that for mining to be viable the price must be $80 plus so nothing exciting is likely to happen for at least another three years based on the article above. Many companies will have gone bust by then unless they get more funding. The best that can be hoped for is a steady climb in stocks.

  2. None of the prices quoted makes it viable for companies to start mining.The general consensus is that for mining to be viable the price must be $80 plus so nothing exciting is likely to happen for at least another three years based on the article above. Many companies will have gone bust by then unless they get more funding. The best that can be hoped for is a steady climb in stocks.

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