ROVER METALS PROVIDES AN INFRASTRUCTURE UPDATE FOR ITS NORTHERN CANADA GOLD PROJECTS

Vancouver, British Columbia – (May 31, 2022) – Rover Metals Corp. (TSXV: ROVR) (OTCQB: ROVMF) (FSE:4XO) (“Rover” or the “Company”) is pleased to provide an infrastructure update for its Cabin Gold Project and its Up Town Gold Project, located at the 60th parallel of the Northwest Territories of Canada.

NWT Infrastructure Initiatives

The Government of Canada has moved one step closer to funding the expansion of the Taltson Hydro dam into the city of Yellowknife, NWT. In a recent interview with the CBC, the federal infrastructure minister provides an update on the project. One of the many benefits of bringing additional green power into the city of Yellowknife includes a more cost-effective source of power for the future mines being developed near the city. Green energy is also amongst the ESG initiatives that major gold producers are looking for when it comes to taking an interest in development-stage gold projects.

The expansion of the Taltson Hydro dam into the city of Yellowknife also has the potential to free up hydro at both the Strutt and Snare hydro facilities which are located close to Rover’s Cabin Gold, Slemon Gold, and Camp Gold Projects. …

ROVER METALS RAISES $1,991,260 UNDER NON-BROKERED PRIVATE PLACEMENT FINANCING

Vancouver, British Columbia – (May 17, 2022) – Rover Metals Corp. (TSXV: ROVR) (OTCQB: ROVMF) (FSE:4XO) (“Rover” or the “Company”) is pleased to announce that further to its March 21, 2022 release, and its April 26, 2022 release, the Company has now closed its $0.05 Unit Financing, raising gross proceeds of $1,991,260.

$0.05 Unit Financing

On March 21, 2022, Rover closed the first tranche of the financing for gross proceeds of $1,180,510 (the “First Closing”). The First Closing was comprised of $1,044,000 worth of $0.05 Units, and $136,510 worth of $0.055 flow-through common shares. Each Unit is comprised of one common share and one half (1/2) of a warrant to purchase common shares. The warrants have an exercise price of $0.075 and a life of three years. On April 26, 2022, Rover closed the second tranche of the financing for gross proceeds of $467,500 (the “Second Closing”). The Second Closing was comprised of $412,500 worth of $0.05 Units, and $55,000 worth of $0.055 flow-through common shares. …

ROVER METALS CORPORATE WEBINAR RECORDING

Vancouver, British Columbia – (May 16, 2022) – Rover Metals Corp. (TSXV: ROVR) (OTCQB: ROVMF) (FSE:4XO) (“Rover” or the “Company”) is pleased to provide a recording of the Company’s CEO, Judson Culter, presenting Rover’s high-grade gold exploration story in northern Canada, including an overview of current operations and upcoming milestones, while sharing the most recent Investor Presentation. We invite all investors and other interested parties to watch the recorded webinar at the link below. The discussion also includes Rover’s plans for gold exploration at its new project in the Battle Mountain gold district of Nevada. …

ROVER METALS ANNOUNCES START OF PHASE 1 EXPLORATION AT TOBIN GOLD PROJECT

Vancouver, British Columbia – (May 3, 2022) – Rover Metals Corp. (TSXV: ROVR) (OTCQB: ROVMF) (FSE:4XO) (“Rover” or the “Company”) is pleased to announce the start of its Phase 1 Exploration Program at its 100% owned Tobin Gold Project, Winnemucca, NV, USA. Rover has engaged a renowned Carlin gold geologist to assist in the planning of the Phase 1 program.

Tobin Gold Project

In February 2022, Rover acquired a 100% interest in the Tobin Gold Project (“Tobin”) which is comprised of 68 claims within BLM land, for a total of 1,405 acres (or 569 hectares). Tobin is a Carlin-style gold system set in Mesozoic rocks. The project is located about 40 km from the operating Phoenix Gold Mine, which is owned by Nevada Gold Mines, a joint venture between Newmont and Barrick. Tobin is also located about 60 km from i-80 Gold’s Lone Tree Gold Mine, 50 kms from SSR’s Marigold Mine and is in close proximity to other proven gold deposits owned by i-80 Gold, SSR Mining, and Kinross. See property map below for more details.

The property sits in the historical Mt. Tobin mercury district within an area of widespread silicification and banded chalcedony veins over an area of several square kilometers. Both structural and strata bound jasperoids are present in the adjoining Triassic and Paleozoic carbonate and fine-grained clastic sediments along the range-front structure as well as higher in the range. The prospect area was identified during a BLEG stream sediment sampling program. Follow up rock chip sampling along and above the range front confirmed that there are multiple structures carrying mineralization. Gold values run as high as 2.3 g/t Au, with many samples having gold content between 200 ppb Au and 1000 ppb Au. Pathfinder elements run as high as 200 ppm Sb, 1100 ppm As and 29 ppm Hg. Mineralization at the Tobin Project appears to be localized along two subparallel trends. The first is the range-front fault, and the second is structural zone located several tens of meters above the valley that trends somewhat obliquely to the range-front. To date, the better mineralized rocks were largely collected from this second structure located higher on the mountain front. …

ROVER METALS TO HOST LIVE CORPORATE WEBINAR ON MAY 4TH AT 2PM EST

Vancouver, British Columbia – (April 28, 2022) – Rover Metals Corp. (TSXV: ROVR) (OTCQB: ROVMF) (FSE:4XO) (“Rover” or the “Company”) is pleased to announce that the Company’s CEO, Judson Culter, will be presenting Rover’s high-grade gold exploration story in northern Canada, including an overview of current
operations and upcoming milestones, while sharing our most recent Investor Presentation. We invite all investors and other interested parties to register for the webinar at the link below. The discussion will include Rover’s plans for gold exploration in the Battle Mountain district of Nevada, USA, later this year.

Date: Wednesday, May 4, 2022
Time: 2pm EST
Register: Webinar Registration

HAVE QUESTIONS? Management will be available to answer your questions following the presentation on the webinar platform. You may submit your question(s) beforehand in the registration form or by email at: rover@rbmilestone.com

READ FULL NEWS RELEASE

ROVER METALS ANNOUNCES SECOND CLOSING OF $0.05 UNIT FINANCING

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE U.S.

Vancouver, British Columbia – (April 26, 2022) – Rover Metals Corp. (TSXV: ROVR) (OTCQB: ROVMF) (FSE:4XO) (“Rover” or the “Company”) further to its release of March 21, 2022, the Company is pleased to announce the second closing of its $0.05 Unit Financing for gross proceeds of $467,500.00 (“the Second Closing”).

$0.05 Unit Financing

The Second Closing of $467,500.00 is comprised of the sale of $0.05 units in the amount of $412,500.00 and the sale of $0.055 flow-through shares in the amount of $55,000.00. The Company has issued 8,250,000 common shares and 4,125,000 common share purchase warrants as a result of the sale of $0.05 units. The warrants have an exercise price of $0.075 and a useful life of three years. The Company has also issued 1,000,000 common shares from the sale of flow-through common shares. Finders’ commissions are being paid in connection with the Second Closing in the amount of cash commissions of $13,125.00 and finders’ warrants of 255,500. The finder’s warrants will have an exercise price of $0.075 and a useful life of three years. The common shares and warrants issued under the Second Closing will bear the minimum four-month regulatory hold period from the date of issuance. …

ROVER METALS ANNOUNCES START OF PHASE 3 DRILLING AT CABIN GOLD PROJECT, NT, CANADA

Vancouver, British Columbia – (March 21, 2022) – Rover Metals Corp. (TSXV: ROVR) (OTCQB: ROVMF) (FSE:4XO) (“Rover” or the “Company”) is pleased to announce that Phase 3 Exploration Drilling has commenced at its 100% owned Cabin Gold Project, NT, Canada. The goal of the Phase 3 program is to drill the highest-grade proven zones on the project, both at depth, and along surface strike. The Company will be targeting the Arrow Zone and the Beaver Zone during this program, which were the focus of the Company’s Phase 1 and Phase 2 Exploration Programs. …

ROVER METALS ANNOUNCES ACQUISITION OF TOBIN GOLD PROJECT

Vancouver, British Columbia – (February 24, 2022) – Rover Metals Corp. (TSXV: ROVR) (OTCQB: ROVMF) (FRA:4XO) (“Rover” or the “Company”) is pleased to announce its acquisition of the Tobin Gold Project situated in the Mt. Tobin range, in northern Nevada. The Tobin Project is located 77 km by road south of the city of Winnemucca, NV, and is in the heart of a rich gold jurisdiction that has seen major consolidation in the past 24 months.

Tobin Gold Project

Rover has acquired a 100% interest in the Tobin Gold Project (“Tobin”) which is comprised of 68 claims within BLM land, for a total of 1,405 acres (or 569 hectares). Tobin is a Carlin-style gold system set in Mesozoic rocks. The project is located about 40 km from the operating Phoenix Gold Mine, which is owned by Nevada Gold Mines, a joint venture between Newmont and Barrick. Tobin is also located about 60 km from i-80 Gold’s Lone Tree Gold Mine, 50 kms from SSR’s Marigold Mine and is in close proximity to other proven gold deposits owned by i-80 Gold, SSR Mining, and Kinross. …

ROVER METALS ANNOUNCES INCREASE TO PREVIOUSLY REPORTED INTERVALS AT ANDREW ZONE

Vancouver, British Columbia – (February 23, 2022) – Rover Metals Corp. (TSXV: ROVR) (OTCQB: ROVMF) (FSE:4XO) (“Rover” or the “Company”) is pleased to report, that further to its release on January 13, 2022, the gold mineralization at the Andrew Zone does extend past the primary sulfide intervals in the drill core. The Company has received its new December 2021 samples back from the lab and is pleased to be reporting longer mineralized intervals at the Andrew Zone South, and Andrew Zone North.

Read Full Press Release (PDF)

ROVER METALS ANNOUNCES FUNDAMENTAL RESEARCH REPORT UPDATE

Vancouver, British Columbia – (February 14, 2022) – Rover Metals Corp. (TSXV: ROVR) (OTCQB: ROVMF) (FRA:4XO) (“Rover” or the “Company”) is pleased to announce that Fundamental Research Corp. (“FRC”) has published their updated analyst report on Rover, dated January 2022. The report can be accessed here: https://www.researchfrc.com/company/rover-metals-corp/

FRC is one of the largest issuer-paid independent stock market research firms in the world, with a 17-year track record of covering 550+ companies. As of December 14, 2020, FRC’s top picks were up 55.6% on average since the initiation of coverage.

Judson Culter, CEO at Rover Metals, states “Rover Metals operates in a prolific mining jurisdiction in the southern Northwest Territories (“NT”). Three weeks ago, our neighbour, Fortune Minerals (TSE:FT), announced its intent to acquire a refinery location north of Edmonton, AB. The infrastructure needed to bring the NT’s next gold mine into production, looks to soon be in place. The proposed location for Fortune’s NICO processing facility is located 40km northwest of Rover’s Cabin Gold Project, along the recently constructed Tlicho All Season Road (“TASR”). TASR opened to the public in November 2021. Rover plans to send samples of its drill core, from its Cabin Gold Project, to the lab for metallurgic testing in H1 of this year. The goal of the testing will be to determine the recovery flotation rates for the ore at Cabin. The next step, after receiving the metallurgical results, would be to work with Fortune to determine the possible economics of a processing agreement.

Winter Phase 3 Exploration, at our Cabin Gold Project, is expected to commence soon. The Company will be issuing an updating release in the coming days.”

Advisory Agreements

The Company has issued 218,840 common shares, for the settlement of $12,500 in trade payables, for consulting services provided in Q4-2021, pursuant to pre-approved shares for services agreements. The services were provided by two advisors to the Company. Only one of these shares for services agreements will continue into 2022. The shares bear the minimum four-month regulatory hold period from the date of issuance.

Investor Relations

The Company has renewed its agreement with Momentum Public Relations Inc. (“Momentum PR”) for investor relations services for another six months through to July 31, 2022. Pursuant to the renewal agreement, Momentum PR will be granted 600,000 incentive stock options, pursuant to the Company’s shareholder approved Stock Option Plan. The incentive stock options have been granted in three tranches as follows: 200,000 options with an exercise price of $0.06, 200,000 options with an exercise price of $0.075, and 200,000 options with an exercise price of $0.09.

Read Full News Release