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sur Rover Critical Minerals Corp. (isin : CA77937B2003)

Rover Critical Minerals Corp. Advances on Cabin Gold Project Technical Reports

Rover Critical Minerals Corp. has announced ongoing efforts to finalize the technical report for the Cabin Gold project, with an expected completion in mid-Q2-2024. The report aims to facilitate the sale of an option for the Cabin Gold project, currently under evaluation for its high-grade gold exploration potential. With only around 4,500 meters of drilling conducted under Rover’s management, the project is poised for significant exploration and investment opportunities.

Two distinct technical reports are in the works to cater to different markets: one adhering to NI 43-101 standards for North America and another complying with JORC standards for Australia. This differentiation underscores Rover's strategic approach to maximizing the project's appeal across key mining markets. The company's leadership is actively seeking a deal that would drive substantial capital towards further drilling activities, potentially unlocking the project's full value.

Rover's commitment to the project is further highlighted by significant drilling achievements, such as a notable find of 32m at 14 g/t gold, marking one of the most substantial discoveries in 2020. This progress illustrates the Cabin Gold project’s vast potential and supports Rover's transition towards focusing on critical minerals. The company's strategy includes retaining an ownership interest in the project, which aligns with its long-term vision for shareholder value enhancement.

R. E.

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