Rockridge Capital Corp. is a TSX Venture listed (RRC.V) resource exploration company focused on advancing its and gold project in Mali, West Africa.
Rockridge's corporate goal is to develop its 100% owned Fatou gold discovery located in Southern Mali. Initially Fatou was discovered by AngloGold Ashanti in 2004 and historic drilling typically returned result such as 24m of 1.38g/t Au, 15m of 2.25g/t Au and 20m of 1.22 g/t Au. Please note it was primarily RAB drilling, most bottomed in mineralization at a total depth of 60 meters.
Based on gold discovery by Anglogold Exploration in 2004, a "gold rush" has occurred at Fatou. Over 1500 artisanal miners currently mining gold using manual labour and rudimentary techniques. Rockridge has secured support of local, regional and federal government and has strong Malian partner in claim holder.
Rockridge management team has been working in Mali for over 4 years -country manager, drill contractors, assay labs, suppliers, banking, and legal all in place. The project is 250km sq., has 3 intrusives identified so far and the main gold zone to date is 1.4km long and 450m wide, it remains open in all directions. Rockridge will be commencing a 5000m RC definition drill program in mid May 2010.
The Fatou Gold Project is located in southern Mali, approximately 20 km north of the border between Mali and Cote d'Ivoire, approximately 250 km southeast of the capital city of Bamako. It is accessible via a paved highway from Bamako to Zantiebougou and then by a 45 km laterite road to the permit area.
Fatou is also, approximately, 60km east from Resolut's Syama mine and which has historically produced over 2 million ounces Au and is estimated to contain 3+ million ounces Au resource in situ.
Fatou is situated along the north-east trending Kadina Fault which is mapped as being over 100 km in strike length. Secondly the occurrence of intermediate to felsic intrusives in at least proximity is also key; again we know this occurs at Fatou. Mafic volcanics are also a key ingredient in many deposits, including West Africa. Many deposits occur within or in close proximity to these. Again Fatou has them.