Rogue Announces Completion of Initial Stripping at Silicon Ridge, and Plans for Drilling Gold Targets at Radio Hill in Ontario
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August 14, 2017 TSX-V: RRS
Rogue Announces Completion of Initial Stripping at Silicon Ridge, and
Plans for Drilling Gold Targets at Radio Hill in Ontario
• 4,500 m3 successfully stripped to expose the bedrock for detailed mapping and sampling at Silicon Ridge
• Complete air photo survey conducted by drone of the Project Area
• Company is applying to drill up to 2,500m across very promising gold showings at Radio Hill in Ontario
• Targeting priority structural targets along the interpreted western continuation of the Porcupine Destor Fault
Zone (PDFZ) across property
TORONTO, ON – Rogue Resources Inc. (TSX-V: RRS) (“Rogue” or the “Company”) is pleased to announce completion of
the initial stripping across its 100% owned Silicon Ridge Project (“Project”), located approximately 42 kilometres (“km”)
north of Baie-Saint Paul, Québec, and 4 km northeast of Sitec’s operating silica mine.
Working with Enterprise Jacques Dufour et Fils (“EJD”) as its Contract Operator, Rogue completed the previously
approved, fully funded exploration work program on the Project (see April 27, 2017 news release). This work included
the stripping of overburden to expose the bedrock for detailed mapping and sampling and to confirm the depth of the
overburden in the area. This information will benefit the Company by providing important data regarding the continuity
of quartzite quality and to improve the estimate of overburden volumes to be removed from the potential first area to
be quarried. Once permitted and if a positive development decision is made (now expected in 2018), this stripped
quartzite would be the site of initial production.
“EJD did a very good job on this initial work, safely completing the scope provided to them. I visited the site last
Thursday and Friday and saw firsthand the continuity of the quartzite and the care shown for the local environment and
neighbours during the project,” said Sean Samson, President and CEO of Rogue.
Radio Hill Exploration
Rogue is excited to announce a plan to drill at its Radio Hill property, which comprises a 1,800 hectare land package
located 85 km southwest of Timmins, Ontario. The Company plans to drill priority structural targets along the
interpreted western extension of the Porcupine-Destor Fault Zone (“PDFZ”), one of the most productive gold structures
in the world. There are toll processors throughout the area and drilling in their proximity is consistent with Rogue’s
strategy of leveraging assets with a view to identifying positive cash flow opportunities. This has also been a very active
district recently for transactions and investment, with Tahoe Resources (formerly Lakeshore Gold’s Timmins West mine,
45 km away, plus the recently discovered 144 Exploration Area), Goldcorp’s acquisition of the Borden Gold Project (85
km away) and Probe Metals’ recent acquisition of the Ivanhoe Project located to Radio Hill’s west.
The Company is in the process of applying for exploration permits and plans to initiate the drill program in the fourth
quarter of this year.
“We are excited to get back drilling and begin to explore the gold potential of Radio Hill. Much value generation occurs
in our industry, especially in the PDFZ, from the drill-bit. If we find gold here, we should be able to monetize it," said
Sean Samson. “As mentioned last Thursday, Rogue is continuing with a re-prioritization of opportunities across our
portfolio and externally, following our stated criteria this gold drilling is in line with that strategy.”
44 Victoria Street, Suite 1612
Toronto, ON M5C 1Y2 CANADA
Toll Free: 1-888-764-1981,
Direct: +1-647-243-6581
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About Rogue Resources Inc.
Rogue is a mining company focused on identifying positive cash flow opportunities. Not tied to any metal, it looks at
rock value and good grade deposits that can withstand all stages of the metal price cycle. The Company remains focused
on advancing its Silicon Ridge Project, exploring its other assets, including Radio Hill, and identifying additional assets to
meet its criteria.
For more information visit www.rogueresources.ca
Qualified Person
The Silicon Ridge Project and the Radio Hill Property are under the direct supervision of Paul Davis, P.Geo., VP, Technical
and Director of the Company and a QP as defined by National Instrument 43-101. The QP has approved the scientific and
technical content of this release.
On Behalf of Rogue Resources Inc.
Sean Samson
President & CEO, Director
For additional information regarding this news release please contact:
Sean Samson
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of this news release.
Cautionary Note Regarding Forward-Looking Statements: Certain disclosures in this release may constitute forward-looking
statements. In making the forward-looking statements in this release, the Company has applied certain factors and assumptions that
are based on the Company's current beliefs as well as assumptions made by and information currently available to the Company, and
that actual results are consistent with management's expectations. These statements include, among others, statements with
respect to development activities and their timing, resource estimates and potential mineralization, the PEA, including estimates of
capital costs, anticipated internal rates of return, mine production, processing recoveries, mine life, estimated payback periods and
net present values, timing with respect to permitting of the Project, the budget and timing with respect to planned drilling on the
Company’s Radio Hill property and the identification and potential acquisition of other assets. Although the Company considers
these assumptions to be reasonable based on information currently available to it, they may prove to be incorrect, and the forward-
looking statements in this release are subject to numerous risks, uncertainties and other factors that may cause future results to
differ materially from those expressed or implied in such forward-looking statements. Such risk factors include, among others, those
matters identified in its continuous disclosure filings, including its most recently filed MD&A, changes in regulatory environments,
environmental compliance, operating and capital cost escalation, ability to raise project financing and silica pricing. Additional
factors include delays in obtaining or inability to obtain required regulatory approvals, permits or financing, risk of unexpected
variation in mineral resources, grade or recovery rates, processing plant failure, equipment or processes to operate as anticipated, of
accidents, labour disputes, the risk that estimated costs will be higher than anticipated, the risk that the proposed mine plan and
recoveries will not be achieved, equipment breakdowns, bad weather timing and success of exploration and development activities,
mineral resources are not as estimated, title matters, third party consents, operating hazards, product prices, political and economic
factors, competitive factors and general economic conditions. Should any of such assumptions prove to be incorrect or such risks
become actual events, than the value of the Company’s securities may decline. Readers are cautioned not to place undue reliance on
forward-looking statements. The Company does not intend, and expressly disclaims any intention or obligation to, update or revise
any forward-looking statements whether as a result of new information, future events or otherwise, except as required by law.