Press release from Marketwire
Rockridge Intersects 1.73 g/t Au Over 54 Metres at Fininko Gold Zone, Fatou Gold Project, Mali, West Africa
Tuesday, August 21, 2012
Rockridge Intersects 1.73 g/t Au Over 54 Metres at Fininko Gold Zone, Fatou Gold Project, Mali, West Africa07:00 EDT Tuesday, August 21, 2012VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 21, 2012) -Rockridge Capital Corp. (TSX VENTURE:RRC) ("Rockridge"; the "Company") is pleased to announce results from the Fininko Gold Zone, located in the eastern portion of the 250 square kilometre Fatou Gold Project in southern Mali, West Africa. 17 diamond drill holes and 46 reverse circulation drill holes tested 1.7 kilometres of the 10 kilometre long north-trending Fininko Trend. Highlights from Fininko include:DDF-091 intersected 1.73 g/t Au over 54.0 metresRCF-173 intersected 3.25 g/t Au over 10.0 metresFininko strike length has been increased to over 1,300 metres, open in all directions Similarity to Morila Gold Mine (located 90 km north of Fatou) has been indicated in that gold mineralization is hosted in felsic intrusive rocks in contact with high-grade metasedimentary rocks Re-assay of DDF-023 mineralized interval increased from 0.80 g/t Au over 10.0 metres to 1.00 g/t Au over 25.0 metresTable 1 Fininko Gold Zone HighlightsHole IDFrom (m)To (m)Width (m)Au grade (g/tonne)DDF-02359.084.025.01.00DDF-08087.590.53.02.18DDF-08372.075.03.01.61DDF-09164.0118.054.01.73incl99.5118.018.54.16DDF-09346.054.08.01.53DDF-09527.049.522.50.93incl41.049.58.51.52RCF-17366.076.010.03.25RCF-18534.037.03.02.17All holes were drilled at a 55° dip at an azimuth of 270 degrees. True widths are not known.Discussion:The 2012 exploration campaign at Fininko consisted of:Assessing numerous targets identified by the heli-borne VTEM-magnetics-radiometrics survey completed in late-2011 through targeted geological mapping and RC drilling oriented along east-west fences across prospective trends. Determining the structural controls for gold mineralization through targeted diamond drilling on identified gold-bearing structures. Completing a petrographic study to better understand the geological setting hosting gold mineralization at Fatou. At Fininko, 17 diamond drill holes totalling 3,017 metres stepped out along and adjacent to a mineralized north-trending structure inferred from the results of drilling completed in 2011 (see Rockridge News Release, January 23, 2012). Fifteen of the seventeen drill holes are located in the central part of the Fininko trend, including two fences of 5 and 3 drill holes immediately south of most of the 2011 drill holes. Two other holes tested a small artisanal working one kilometre south of the main area of interest.DDF-083 (2.18 g/t Au over 3.0 metres) intersected the main mineralized structure 100 metres south of 2011 drill hole DDF-028. DDF-091 stepped 100 metres further south of DDF-083 and confirmed the significance of the trend with an intersection of 1.73 g/t Au over 54.0 metres. DDF-093 stepped 100 metre north of 2011 drilling, intersecting 1.53 g/t Au over 8.0 metres. DDF-023 is located 150 metres west of this emerging trend, intersecting 1.0 g/t Au over 25.0 metres. Table 2 Fininko Gold Zone Summary of DDH ResultsHole IDFrom (m)To (m)Width (m)Au grade (g/tonne)DDF-02359.084.025.01.00DDF-08087.590.53.02.18DDF-082131.0188.8.131.52149.0184.108.40.206DDF-08372.075.03.01.61DDF-0914.56.01.52.08and64.0118.054.01.73incl64.068.54.51.78and99.5118.018.54.16incl103.5105.01.510.1and114.0115.01.056.3DDF-09346.054.08.01.53109.5112.53.01.53162.0165.03.00.82DDF-094207.0216.09.00.50DDF-09527.049.522.50.93incl41.049.58.51.5298.5101.53.00.67All holes were drilled at a 50° dip at an azimuth of 270 degrees. True widths are not known.Reverse circulation drilling totalled 5,475 metres in 46 drill holes. Holes were drilled from east to west along 5 sections lines or fences. RCF-173 is located approximately 100 metres south of DDF-091 and 100 metres north of DDF-095, intersecting the same north-trending mineralized structure. That same structure was intersected in the top of RCF-200 and RCF-211, 400 metres and 600 metres south of DDF-095, respectively. Thus, the Fininko structure has been identified but virtually untested for 600 metres south of DDF-095, and remains open to the south.To the north the Fininko structure is intersected in DDF-083, 100 metres north of DDF-091, and in DDF-093, 500 metres north of DDF-091. DDF-100, located 100 metres north of DDF-093, may have collared on the structure and, 250 metres further north, RCF-195 is anomalous in gold over the top 24 metres. Thus, north along the Fininko trend remains highly prospective for high-grade gold mineralization. Table 3 Fininko Gold Zone Summary of RC Drill ResultsHole IDFrom (m)To (m)Width (m)Au grade (g/tonne)RCF-17310.011.01.01.0766.076.010.03.25incl66.067.01.05.94incl72.073.01.019.395.097.02.00.69RCF-17572.073.01.02.45RCF-1845.06.01.01.439.010.01.02.49RCF-18534.037.03.02.1750.059.09.00.4487.091.04.00.61RCF-2006.07.01.06.65RCF-2116.011.05.00.666.08.02.01.2625.036.011.00.59RCF-21479.080.01.00.9097.099.02.00.84All holes were drilled at a 50° dip at an azimuth of 270 degrees. True widths are not known.2012 Exploration Program ReviewThe 2012 exploration campaign included diamond drilling, reverse circulation drilling, and targeted geological mapping at Fininko, Fatou Main, Fatou NE, Fatou NNW, Buckle, and Digan North. Thirty-eight diamond drill holes totalling 6,665 metres and 115 reverse circulation drill holes totalling 13,653 metres were completed during the campaign. Targeting was based on the results of a property-wide helicopter-borne VTEM, magnetics, and radiometrics geophysical survey, overlain on existing soil and termite mound geochemistry, auger drilling, and previous diamond and RC drilling. Interpretation of existing data confirmed the Fininko area as a top priority gold target based on interpreted structural geology, the presence of possible source granites at depth, and existing gold mineralization discovered in the 2011 drill program. Modelling of mineralized zones at Fatou Main, Fininko, and Digan is currently underway to assist in developing an effective follow-up exploration program.Christopher J. Wild, P.Eng. is the Qualified Person for the Company under NI 43-101. All samples from the Fininko campaign were collected on site and sent to ALS-Chemex in Bamako for analysis. The company inserted a blank and requests a duplicate sample be run in every batch of 20 samples. (Note that the company now inserts independent certified standard samples in addition to the blank and lab duplicate in each batch of 20 samples). The lab also inserts in-house blanks, standards, and duplicates with each shipment. Data that falls outside the control limits are checked and repeated as required. Generally, a cut-off grade of 0.25 g/t and dilution less than or equal to 3.0 metres is used in compositing results for reporting. To view the maps accompanying this press release click on the following link: http://media3.marketwire.com/docs/r820m.pdfON BEHALF OF THE BOARD OF DIRECTORS OF ROCKRIDGE CAPITAL CORP.Karl Kottmeier, PresidentFOR FURTHER INFORMATION PLEASE CONTACT: Karl KottmeierRockridge Capital Corp.President(604) 678 8941ORKirk GamleyRockridge Capital Corp.VP Corporate Development(604) 678 8941(604) 689 7442 (FAX)www.rockridgecapitalcorp.comNeither 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.