Rogue Resources Inc.
TSX VENTURE : RRS

Rogue Resources Inc.

January 17, 2011 09:01 ET

Rogue Resources Commences Drilling at Langmuir; Commissions SRK to Conduct Scoping Studies

- Metallurgical Drilling to Commence to Prove Positive Recovery of the Nickel Mineralization at Langmuir

- Three Phase Program Conducted by SRK Will Include Scoping Level Metallurgical Testwork, Acid Base Accounting, and Scoping Level Geotechnical Investigations

- Exploration Drilling to Follow

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 17, 2011) - Rogue Resources Inc. (TSX VENTURE:RRS) (the "Company") is pleased to announce it has commenced drilling on its Langmuir project. Initial drilling will consist of three HQ diamond core holes being which will be used by SRK Consulting Canada Inc. ("SRK") to conduct metallurgical testwork on the deposit. Upon completion of the HQ metallurgical holes the Company will commence NQ exploration drilling utilizing the same drill rig to test for extensions of known mineralization as well as assess other regional targets with geophysical signatures similar to that of the W4 deposit.

"We are excited to be partnered with SRK, as we continue to move forward with Langmuir. SRK was responsible for the existing National Instrument 43-101 compliant resource estimate on the W4 deposit as well as numerous scoping studies on similar deposits in the area. Our exploration team is ramping up for a busy winter and will be announcing details of the Langmuir exploration program," comments Company President, Steve de Jong. 

THREE PHASE WORK PROGRAM TO BE CONDUCTED BY SRK:

Phase 1: Diamond Drilling and Selection of Material for Metallurgical Testing

Phase 1 will include three HQ size core drill holes, which is expected to produce about 50 metres, or 400 kilograms of mineralized material suitable for metallurgical testwork. These three holes are designed to twin existing holes and will intersect mineralized material representative of the potential future mining operation.

SRK will work with the Company to select, prepare and composite core material suitable for both flotation testing as well as hardness testing (SAG Design tests). This material will be forwarded to the Inspectorate Exploration & Mining Services Laboratories ("Inspectorate") in Richmond, BC where all the proposed metallurgical testwork will be conducted.

Phase 2: Metallurgical Testwork

Metallurgical testwork will comprise flotation testing as well as hardness testing (SAG Design tests).

Phase 3: Geotechnical Evaluation and Recommendations

This program will provide scoping level geotechnical recommendations for open pit and underground targets, for which the following work program is envisaged:

  1. Desktop study of all relevant reports and documentation which includes a review of the drillhole database and geology modelling to gain an understanding of geological, structural and geotechnical conditions in the proposed mining areas;
  1. A site visit to review pre-selected drill holes to evaluate rock mass quality proximal to proposed pit walls and underground excavations.
  1. Preparation of a report to document findings of the desktop study and site visit.

The Company will continue to update investors on its progress with SRK and exploration drilling as results are received.

The Company also clarifies in respect to options recently announced the total to be issued is 1,883,331.

ABOUT ROGUE RESOURCES

Rogue Resources is an advanced stage exploration company, with offices in Vancouver, British Columbia and Timmins, Ontario. In addition to its Radio Hill iron-ore project it is currently exploring the Langmuir nickel deposit in Ontario, Carlin type gold occurrences in Nevada, volcanogenic massive sulphide deposits in the Bathurst camp in New Brunswick and several gold targets in northern and western Ontario. 

ON BEHALF OF THE BOARD OF DIRECTORS

Steve de Jong, President

This news release does not constitute an offer to sell or solicitation of an offer to sell any securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

Cautionary Note Regarding Forward Looking Statements: Certain disclosure in this release, including statements regarding the possible completion of a private placement and use of the proceeds from the proposed private placement, constitute forward-looking statements. In making the forward-looking statements in this release, the Company has applied certain factors and assumptions that are based on the Company's current beliefs as well as assumptions made by and information currently available to the Company, including that the Company will obtain required regulatory approvals of, and investor participation in, the proposed private placement and that that the Company is able to obtain any government or other regulatory approvals required to complete the Company's planned exploration activities, that the Company is able to procure personnel, equipment and supplies required for its exploration activities in sufficient quantities and on a timely basis and that actual results of exploration activities are consistent with management's expectations. Although the Company considers these assumptions to be reasonable based on information currently available to it, they may prove to be incorrect, and the forward-looking statements in this release are subject to numerous risks, uncertainties and other factors that may cause future results to differ materially from those expressed or implied in such forward-looking statements. Such risk factors include, among others, that the Company will be unable to obtain required regulatory approvals and investor participation in the proposed private placement on a timely basis or at all, that actual results of the Company's exploration activities will be different than those expected by management and that the Company will be unable to obtain or will experience delays in obtaining any required government approvals or be unable to procure required equipment and supplies in sufficient quantities and on a timely basis. Readers are cautioned not to place undue reliance on forward-looking statements. The Company does not intend, and expressly disclaims any intention or obligation to, update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required by law.

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

Contact Information