Corporate Update: Rockland Resources Advances Gold Strategy, Repositions Utah Beryllium Assets

Core Viewpoint - Rockland Resources Ltd. is focusing its efforts on the Cole Gold Mines project in Red Lake, Ontario, while seeking partners for its beryllium projects in Utah [9]. Group 1: Cole Gold Mines Project - Rockland is engaging a driller to start drilling at its 100% owned Cole Gold Mines project in Red Lake, Ontario [2]. - The Cole Gold Mines property has over thirty gold-bearing veins and over one hundred visible gold counts recorded on the surface, with recent samples returning high grades of 111 g/t Au and 145 g/t Au [3]. - A 3D model of veins at the Cole Gold mine has been created, showing gold mineralization extending to a vertical depth of 320 meters, with a planned 2,500m drill program focusing on high-grade shoots [4]. - Historic drill hole 12 intersected 3.7 meters of high-grade gold mineralization, which will be a focus area for drilling [6]. - Mineralization is associated with shear-zone hosted quartz veins, with widths ranging from ten centimeters to two meters and strike lengths of up to 300 meters [7]. Group 2: Utah Beryllium Portfolio - Rockland is seeking earn-in partners for its beryllium projects, Claybank and Meteor, while deciding to no longer pursue the Beryllium Butte claims due to ineligibility for mining activities [8][9]. - The company expects to receive a refund of all yearly fees paid for the Beryllium Butte claims and the return of the bond posted [9]. Group 3: Company Strategy and Management - The CEO of Rockland Resources stated that focusing on the Cole Gold Mines project is in the best interest of shareholders due to its success and interest [9]. - Rockland Resources aims to unlock value through focused mineral exploration and discovery, leveraging geological expertise and strategic project development [12].