Rover Announces Intent to Pursue Strategic Alternatives for its Cabin Gold Project

Vancouver, BC / ACCESSWIRE / June 4, 2024—Rover Critical Minerals Corp. (TSXV:ROVR)(OTCQB:ROVMF)(FSE:4XO) announced the completion of a NI 43-101 Technical Report for its Cabin Gold project in NT, Canada.

The company is considering strategic alternatives, including a potential spin-out or reverse take-over transaction for the Cabin Gold project. No counterparts or agreements have been identified yet. A future news release will be made upon identifying a potential transaction. Approval from the TSX Venture Exchange and potentially the company's shareholders will be required for any proposed deal.

The Cabin Gold project, located 110 km northwest of Yellowknife, is a high-grade exploration project with extensive historical and recent work including diamond drilling and airborne surveys. Rover has invested over CAD4,000,000 in exploration activities over four years, confirming historical grades and expanding mineralized zones.

Neighboring infrastructure development by Fortune Minerals could benefit the Cabin Gold project. Recent developments in the mining jurisdiction of Northwest Territories have been positive, with new discoveries in gold and critical minerals enhancing the region's profile.

Rover's management emphasizes the potential of the Cabin Gold project and aims to create long-term growth for shareholders. Further updates will be provided as progress is made.