Rockridge Capital Corp.
TSX VENTURE : RRC

Rockridge Capital Corp.

July 20, 2011 07:00 ET

Rockridge Drilling Intersects 213 g/t Gold Over 4m at Fatou Gold Project, Mali, West Africa

VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 20, 2011) - Rockridge Capital Corp. (TSX VENTURE:RRC) ("Rockridge"; the "Company") is pleased to announce further results of its diamond drilling programme at the 250 km² Fatou Gold Project, southern Mali.

Highlight results from this second half of the Spring 2011 diamond drill program include 213.97 g/t gold over 4 metres in DDF 010; 13.39 g/t gold over 3 metres in DDF 016 and 8.00 g/t gold over 3 metres in DDF 012. This announcement reports the results of holes DDF-009 to DDF-020.

Hole ID From (m) To (m) Width (m) Au grade (g/Tonne)
DDF-009 42 45 3 1.30
92 93 1 2.25
DDF-010 49 50 1 1.60
176 180 4 213.97
INC 176 177 1 848.50
232 233 1 2.36
DDF-012 40 42 2 1.94
141 144 3 8.00
INC 143 144 1 16.48
156 157 1 2.24
DDF-014 8 9 1 1.39
52 53 1 1.27
79 81 2 1.88
113 118 5 1.07
139 142 3 1.24
DDF-015 25 26 1 1.56
31 32 1 12.49
116 117 1 1.66
165 166 1 6.18
DDF-016 146 152 6 1.11
178 179 1 5.76
206 209 3 13.39
INC 208 209 1 39.1
DDF-017 53 54 1 3.85
70 71 1 3.62
211 215 4 3.50
218 220 2 1.25
230 234 4 1.20
245 248 3 3.05
273 274 1 2.77
285 286 1 1.25
DDF-018 108 114 6 3.64
INC 108 109 1 18.05
213 215 2 1.13
DDF-019 17 18 1 1.10
245 246 1 1.44
342 343 1 1.65
All holes were drilled at a -55° angle on an azimuth bearing of 270 degrees. Diamond drill hole length varied between 260m and 374m. Holes DDF-011, DDF-013 and DDF-020 did not intersect gold mineralization.

Visible gold was observed within white quartz veins in drill logs DDF-010, DDF-012, DDF-014, DDF-015, DDF-016, DDF-017, DDF-018 and DDF-019 that resemble in places multiple sub-parallel stockworks. Holes were targeted beneath a north-south trend of old artisinal workings with early diamond drill results (DDF-002 to DDF-008) reporting significant intersections of 46.65 g/t gold over 2.0 metres, and 4.2 g/t gold over 12.0 metres. A map of the drill collar locations is attached below and additional maps and sections are available on the company website www.rockridgecapitalcorp.com.

The current drilling programme has completed 87 Reverse Circulation (RC) and 36 Diamond Drill (DD) holes totalling 8,215m (RC) and 10,729m (DD) since the start of the campaign.

A total of 9,860m of RC drilling has been planned and is currently being drilled on geochemical anomalies in the Digan North (62 holes), Digan Central (19 holes) and Digan South areas (20 holes), 7 km west of the main Fatou artisinal workings.

Six planned diamond drill holes will be drilled in the Finiko area, 8 km SE of Fatou, based on previous historical soil anomalies and limited RAB drilling. The results of both the RC and DD programmes will give valuable information on lithological type, mineralisation, host rocks, geological contacts, thus facilitating the recognition of discrete conductive features (eg. graphites) that the upcoming VTEM geophysical survey may pick up.

The helicopter-borne VTEM electromagnetic and magnetic survey will be flown in July 2011 on a 100m east-west regional spacing over the entire prospect area and will improve the geological and structural framework of the project area and guide optimum target selection based on surveys run in Mali to date.

Mr. Peter Camden Smith is the Qualified Person for the Company under NI 43-101. Mr. Camden-Smith (M.Sc., G.D.Eng., M.B.L., Pr.Sci.Nat) is a professional geologist with more than 30 years experience. Mr. Camden Smith replaces Mr. Lorne Warner, P. Geo, who was the Qualified Person for the Company under NI 43-101 up until June 2011.

All samples were collected on site and sent to ALS-Chemex in Bamako for analysis. The company inserts a blank and requests a duplicate sample be run in every batch of 20 samples. In addition, the lab inserts in-house blanks, standards, and duplicates with each shipment. Data that falls outside the control limits are checked and repeated as necessary. An average grade of the original and the duplicate samples is used where it is applicable, and a cut-off grade of 0.5 g/t is used as a general rule. The current boreholes are orientated based on a base line. In addition, the half core closest to the sampler is taken after cutting the core, except where there is visible gold. Given the high nugget effects observed in the difference in grades between the original and duplicate samples of high grade intersections (i.e. above 50 g/t) a recommendation has been made to investigate the most reliable method of achieving representative results for this kind of deposit. It is noted that in geostatistical evaluations on Birrimian gold deposits with similar affinities to the Fatou Gold Project a top cut off ranging between 30 g/t to 250 g/t is applied.

Please visit our website at www.rockridgecapitalcorp.com.

ON BEHALF OF THE BOARD OF DIRECTORS OF ROCKRIDGE CAPITAL CORP.

Karl Kottmeier, President

To view the Map associated with this release, please visit the following link: http://media3.marketwire.com/docs/rrc720_Map.pdf

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contact Information

  • Rockridge Capital Corp.
    Karl Kottmeier
    President
    (604) 678 8941

    Rockridge Capital Corp.
    Kirk Gamley
    VP Corporate Development
    (604) 678 8941
    (604) 689 7442 (FAX)
    www.rockridgecapitalcorp.com