Rover Reports on Exploration Targets at its Cabin Lake Gold Project

Rover Metals Corp. (TSXV:ROVR, OTCPink Sheets:ROVMF) announced that the company’s technical team has identified its drill targets for the Cabin Lake gold project based on a combination of its interpretation of historic workings and the recently completed geophysical and geochemical program performed in Q3 and Q4 of 2018.

As quoted in the press release:

The company has found and GPS referenced all the historic blasted trenches and small pits at the Andrew North and South zones, as well as those located at the Beaver Camp and other locations within the property. The UAS magnetic survey was key to providing the desired resolution and contrast on the Bugow Iron formation, a known host of the property’s gold mineralization. The 2018 ground geochemical soil survey produced multi-element (Au-Ag-As-S-Cu) anomalies over known mineralization zones and additional zones coincident with conceptual mineralized targets.

Three zones were prioritized for the 2019 diamond core drilling campaign: the Cabin Lake gold zone, the Andrew South Hinge zone and the Andrew North Hinge zone.

Cabin Lake Gold Zone

The Cabin Lake gold zone is the anchor mineralized zone for the property. It has a historical resource estimate of 100,000 tons grading 10 grams per tonne (g/t) gold (Au) tested for a strike length of over 100 meters (m) and to a depth of 70 m from surface. The best historic mineralized diamond drill holes reported by Aber Resources include 15.0g/t Au over 12.1m (in hole DDH86-28); 15.8 g/t Au over 8.02m and 9.6 g/t Au over 1.04m (in hole DDH86-12); and 12.5 g/t Au over 4.1m (in hole DDH86-26), amongst other encouraging drill intercepts.

Rover Metals will continue diamond drilling this zone at different hole geometries, with a larger size core diameter (NQ2 or HQ) in order to both validate the grades found at the historical drill hole intercepts and continue to expand the mineralized zone along strike and depth.

Andrew South Hinge Zone (Former Bugow Zone in earlier reports prior to Aber Resources)

This mineralized zone has been expanded from the re-interpretation of the historical data. The Bugow Iron Formation magnetic response from the UAS magnetic survey clearly indicates the historic mineralized zone geometry is exposed at the flank of a tight syncline fold near the closure (hinge) that wraps along the Bugow Iron Formation and continues to the northwest. More than 20 historic pits/trenches from the 1940’s that previously returned highly encouraging gold values have been relocated and surveyed with GPS, including a 300 foot open cut excavated at the hinge zone. The recessive topography on the northern flank of the synform combined with the lower relative intensity of the total magnetic response within the iron formation may indicate sulphidization, in a very similar arrangement as it occurs at the Cabin Lake Gold Zone.

A diamond drilling program has been designed to target the hinge zone down-dip under the historic open cut, and progressive step outs following the northern fold limb in areas of higher strain and reduced magnetic intensity that suggest higher sulphide content as replacements of the iron formation.

Andrew North Hinge Zone

This mineralized zone has been also reinterpreted from the UAS magnetic survey. The fold closure (hinge) geometry corresponds to an antiform and it is more open than that at the Andrew South zone. Most of the historic trenches/pits have been GPS located in the northern flank of the fold ending near the hinge zone where historical encouraging elevated gold values had been reported.

A diamond drilling program has been designed to further investigate areas of reduced magnetic intensity within the Bugow Iron Formation at the hinge zone coincident with recessive topography, aimed to test for gold mineralization.