Rover Metals is pleased to announce a private placement financing for up to CAD$2,000,000
. Proceeds of the financing will be used to further exploration work at Up Town Gold
and to start exploration work at Cabin Lake
Rover Metals is pleased to announce that it has acquired the Cabin Lake
property. Cabin Lake is located 110 km northwest of Yellowknife and 60 km southeast of Fortune Minerals and close to the new Tlicho All Season Road. The property hosts high-grade gold in iron formation in archean metasedimentary. The Cabin Lake zone has a combined resource of 100,000t's grading 0.3 oz/ton Au at Cabin Lake and 43,000t's grading 4.46 g/t Au at Bugow (non NI 43-101 compliant).