RRS.V - Rogue Resources Inc.

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  1. tireguy

    tireguy Member

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    Current Shares Outstanding: 75,826,725

    About Rogue Resources Inc.

    With its diverse portfolio of Canadian properties, all in good standing, the Company has the ability to focus its efforts and finances on the project that demonstrates the greatest market potential for return. The current focus for Rogue is its Silicon Ridge Project in Quebec, located 42 km north of Baie-Saint Paul on the St. Lawrence River, and 4 km northeast of the Sitec silica mine, which has been in operation for over fifty years. Access to the project is via a paved highway and well maintained forestry access roads with a high voltage power line soon to be constructed to within 4km. For more information about Rogue visit www.rogueresources.ca
     
  2. StockJock-e

    StockJock-e Brew Master
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    Allow me to get a chart for you!
     
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  3. tireguy

    tireguy Member

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    Rogue Announces Final Assay Results From 2015 Diamond Drill Program, Up to 99.94% SiO2 High Purity Silica
    VANCOUVER, BC--(Marketwired - April 04, 2016) -

    • HIGH SILICA CORE ASSAYS UP TO 99.94% SiO2
    • 24 ADDITIONAL DRILL HOLE ASSAYS REPORTED, TO COMPLETE THE 71 HOLE DRILL PROGRAM
    • ALL ASSAY RESULTS HAVE BEEN SENT TO MET-CHEM TO INITIATE RESOURCE ESTIMATE
    • OVERSUBSCRIBED PRIVATE PLACEMENT CLOSED LAST WEEK WITH ALMOST $1.2M RAISED
    • MANAGEMENT TEAM HEADED TO EUROPE FOR TECHNICAL AND INVESTOR MEETINGS
    Rogue Resources Inc. (TSX VENTURE: RRS) ("Rogue" or the "Company") is pleased to announce the final results of the 2015 drilling campaign at the Silicon Ridge Project (formerly called the Lac de la Grosse Femelle Silica Project), located approximately 42 kilometres ("km") north of Baie-Saint Paul, Quebec and 4 km northeast of Sitec's operating silica mine. Analytical results from 24 diamond drill holes are reported and continue to define the high purity silica mineralization of up to 99.94% SiO2 approaching the highest purity levels recorded by the Company since drilling began in August 2015.

    "I am excited by the continued strong results from Silicon Ridge. The 2015 drill program went very well, helping define a significant zone of high purity quartzite," states Sean Samson, President & CEO. "We continue to advance Silicon Ridge, de-risking the project through ongoing test work and analysis. Closing our over-subscribed private placement last week showed that there has been strong support from the financing market, with a good mix of existing and new investors, all coming in with hard dollars. Next week the team will be in Europe, for hands-on meetings with our metallurgical and sorting consultants in Germany, combined with investor meetings in Germany and the UK. We continue to introduce Rogue to investors, preparing them for the metallurgical results in April, resource in June and PEA in September."

    Drill Program Details

    • 2015 diamond drill program consisted of seventy one (71) drill holes, totaling 11,822 m.
    • "G" quartzite unit intersected over a strike length of approximately 1,950 m with true widths between 31 m and 115 m (Figure 1).
    • "H" quartzite unit intersected over a strike length of approximately 505 m with true widths between 35m and 118m and located 260 m north-northwest of Quartzite "G" (figure 1).
    • Six drill holes (PQ and NQ) were drilled for Anzaplan and shipped to Germany for technical evaluation with expected results in April. Holes GF15-53, GF15-60 and GF15-62 are PQ diamond drill holes that were drilled as twin holes and shipped as whole core to Anzaplan as part of the metallurgical test program.
    Significant widths of high purity quartzite were encountered during the drilling program that meet or exceed the minimum required silica grade specifications to be processed into value added silicon based materials. Test work being completed by Anzaplan, with TOMRA Sorting GmbH ("Tomra", formerly operating as CommodasUltrasort GmbH) is identifying the potential processes that could be applied to the material, upgrading the lower quality quartzite material into higher value products.

    Highlighted intercepts are summarized in the following table:



    Silicon Ridge: Highlights of Significant Drill Intercepts
    Hole ID
    From To Width Weighted Avg SiO 2 Maximum Value SiO 2 True Width
    (m) (m) (m) % % (m)
    GF15-36
    129.25 156.00 26.75 98.18 99.38 23.21
    GF15-39 88.10 152.60 64.50 97.94 99.80 55.97
    GF15-42 35.00 140.20 105.20 97.97 99.47 91.29
    GF15-43 94.50 141.25 46.75 98.22 99.46 40.57
    GF15-45 67.80 163.00 95.20 97.90 99.57 82.61
    GF15-46 36.30 95.05 58.75 98.23 99.53 50.98
    GF15-47 72.75 173.10 100.35 97.90 99.63 87.08
    GF15-48 106.60 168.50 61.90 97.90 99.36 53.72
    GF15-54 80.80 139.00 58.20 98.18 99.51 50.50
    GF15-58 95.80 132.80 37.00 97.99 99.59 32.11
    GF15-59 93.00 133.60 40.60 98.21 99.79 35.23
    GF15-61 41.25 125.90 84.65 98.07 99.63 73.46
    GF15-63 96.80 204.75 107.95 97.98 99.80 93.68
    GF15-64 7.00 189.70 182.70 98.06 99.83 158.54
    GF15-65 31.00 118.85 87.85 97.92 99.86 76.23
    GF15-66 16.00 234.00 218.00 98.13 99.81 189.18
    GF15-67 6.90 114.80 107.90 97.90 99.40 93.63
    GF15-69 12.45 134.00 121.55 98.09 99.81 105.48
    GF15-70 169.00 230.50 61.50 98.48 99.81 53.37
    GF15-71 130.00 139.80 9.80 98.14 98.53 8.50


    To view a complete table of assays and drill hole locations disclosed today, please click on the link below:

    http://www.rogueresources.ca/i/pdf/April-4-PR-SIlicon-Ridge-Collar-Location-Assay.pdf

    To view a drill location map, please click on the link below:

    http://www.rogueresources.ca/i/misc/GF_DDH_Plan-and-XSEC-Lines_8K_20160331.jpg

    The Rogue technical team has completed the drill hole data validation, assays and interpretations of the geological sections and transferred this data to Met-Chem Canada ("Met-Chem") to complete the Resource estimate.

    Silicon Ridge Project 2016 Timeline:

    • April: Metallurgical findings and reports (Anzaplan)
    • From April: Develop market partnerships (off-take agreements, end-user investment, etc.)
    • June: Resource Report (Met-Chem)
    • September: PEA Report (Met-Chem)
    • Q4: Development decisions and pre-production planning
    Private Placement

    As announced on April 1, 2016, Rogue completed an oversubscribed Private Placement, raising a total of $1,163,500, all in non-flow through proceeds, above the planned $1,000,000 combined flow-through and non-flow-through financing originally announced on March 4, 2016.

    This Private Placement was raised with a combination of existing and new investors, and certain directors and/or officers of the Company have acquired securities under the private placement and upon closing, all officers and management of the Company will own common shares of Rogue. Full details of the Private Placement can be found in Rogue's April 1, 2016 news release.

    Management team visit to Europe

    As part of the ongoing metallurgical work for Silicon Ridge, the Rogue team will be meeting with Anzaplan and Tomra at their main German facilities next week. These visits will be combined with investor marketing schedules in Frankfurt and London, UK.
     
  4. tireguy

    tireguy Member

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    Rogue Completes Metallurgical Analysis; Confirms Commercial Potential for Silicon Ridge; Initiates Bulk Sample
    VANCOUVER, BC--(Marketwired - April 25, 2016) -

    • ANZAPLAN concludes the high grade silica found at Silicon Ridge is suitable for commercial applications
    • Products include silicon-based products, high value applications (glass, ceramics) and a variety of fillers
    • Rogue commissions a detailed market study by Roskill Info Services, a global leader in industrial minerals
    • Representative bulk sample to be extracted at Silicon Ridge and processed by ANZAPLAN into a variety of products to support commercial discussions with potential customers
    Rogue Resources Inc. (TSX VENTURE: RRS) ("Rogue" or the "Company") is pleased to announce the results of the Dorfner ANZAPLAN ("ANZAPLAN") test work completed on the Silicon Ridge project (formerly called the Lac de la Grosse Femelle Silica project), located approximately 42 kilometres ("km") north of Baie-Saint Paul, Québec and 4 km northeast of Sitec's operating silica mine.

    ANZAPLAN has provided the Company with a final report on the "Evaluation of a Quartzite Deposit in Canada for the Identification of Potential Application", identifying a number of potential high value applications that can be derived from the high grade silica mineralization hosted on the Silicon Ridge property.

    "We are encouraged by the results of the ANZAPLAN study confirming the suitability of our material to produce a variety of products similar to the range of products manufactured from the material mined by our neighbours at Mine Sitec," states Sean Samson, President & CEO. "While in Germany earlier this month with the ANZAPLAN team, management also had an opportunity to observe our material being optically sorted. ANZAPLAN has now confirmed the type of silica found at Silicon Ridge; Met-Chem's Resource, anticipated in June, will determine the quantity, and the PEA in September will outline the economic potential. With the ANZAPLAN results now in hand, we are working with Roskill to help map the market and begin discussions with potential buyers with a goal of securing partnerships to further advance the project. Potential buyers will be provided sample lots of product processed by ANZAPLAN from the Silicon Ridge bulk sample material. This is an exciting time for Rogue, as we continue to de-risk the project through continued test work and analysis."

    Based on the report, Rogue summarizes the following table of the range of products that can potentially be produced from the Silicon Ridge quartzite, which include silicon metals, ferrosilicon, glasses, ceramics and fillers.

    High Value Applications
    Fillers (paint, coatings, sealants, silicone rubber and epoxy
    Ferrosilicon and Silicon Metal

    Container Glass (coloured & clear), Float Glass (window, automotive)
    Fibreglass (insulation & fabrics)
    Borosilicate Glass, Pyrex
    White Float Glass, Opal Glass, Crystal Glass
    Solar Glass, Borofloat
    Quartz Powder & Engineered Stone
    Silicon Carbide, Fused Silica, Sodium/ Potassium Silicate
    Ceramics (body & glazes)
    Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes
    Application potential of Silicon Ridge drill core samples and optical sorting reject fraction after full processing.

    Roskill Market Study

    Rogue has commissioned UK-based Roskill, a global leader in industrial minerals market intelligence, for a detailed market study of the North American market for Rogue's identified products. This study will be completed by mid-May and will launch the Rogue team into a series of product marketing meetings.

    Representative Bulk Sample

    As a result of the successful identification by ANZAPLAN of commercial applications for the Silicon Ridge quartzite, Rogue has begun the process of extracting a 1,500 kilogram ("kg") representative bulk sample from the surface exposure of the Silicon Ridge quartzite to be processed into a number of samples to be utilized by Rogue during discussions with potential end users and consumers of silica. Samples will include material potentially suitable for metallurgical grade silicon and ferrosilicon applications as well as glass, ceramics and fillers. All products will be analyzed with regard to relevant product parameters, bagged and sent to customers along with a product specification sheet.

    ANZAPLAN's Completed Test Work

    To view a presentation summarizing the ANZAPLAN study results, please click the link below:

    http://www.rogueresources.ca/i/pdf/rogue-anzaplan-results-sumary.pdf

    Rogue supplied ANZAPLAN with six drill cores (3 NQ and 3 PQ holes), which were subject to processing tests targeting the evaluation of the suitability of the quartz as feedstock for silicon applications. ANZAPLAN's report summarizes the results of chemical and mineralogical analyses for the quartz samples as well as processing test results of the PQ drill cores.

    All three PQ drill core samples were split into five samples (15 samples in total), based on chemical and physical characteristics, which were crushed to < 80mm and classified into 20 - 40 mm, 40 - 80 mm and < 20 mm fractions. Fractions between 20 to 80 mm were subjected to optical sorting targeting metallurgical grade (MG) silicon and ferrosilicon feedstock applications. Undersized fractions, representing approximately 20 weight percent ("wt %"), were further processed into 0.1 - 0.3 mm and < 0.1 mm fractions that were further beneficiated, targeting high value applications such as glass or ceramics.

    The test work indicated that up to 77.3% of the entire thickness of the quartzite unit would be suitable for high value applications. The remaining 22.7% of the material would be considered a lower grade silica that should be appropriate for certain construction purposes given its environmentally benign characteristics. It is anticipated that selective extraction could increase the overall portion of the quartzite that meets the standards for high value applications.

    Optical sorting successfully reduced the concentrations of iron, titanium and aluminum in the 20 - 40 mm and 40 - 80 mm fractions in the chemical purity range of ferrosilicon applications for a portion of the overall quartzite unit. Samples within certain sections of the PQ drill holes demonstrated that a majority of the material meets the range of chemical compositions for ferrosilicon applications, indicating a potential opportunity to selectively extract the quartzite unit to target sections with lower impurities and higher yields.

    The undersized fraction was subjected to beneficiation processes including high force magnetic separation, scrubbing (attrition) and floatation of the 0.1 - 0.3 mm fraction as well as high intensity magnetic separation of the < 0.1 mm fraction. The 0.1 - 0.3 mm fraction was found to be suitable for numerous high value applications as listed in the table above.

    http://web.tmxmoney.com/article.php?newsid=86052650&qm_symbol=RRS
     

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