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VANCOUVER, July 24, 2018 /CNW/ - Rover Metals Corp. (TSXV: ROVR) ("Rover Metals" or the "Company") announces that it has received a five-year land use permit (the "Land Use Permit") from the Wek'eezhii Land and Water Board and the Mackenzie Valley Land and Water Board. The Land Use Permit incudes the historic Cabin Lake project, the historic Slemon Lake project, and the historic Camp Lake project, collectively, the "Cabin Lake Group of Properties." The Cabin Lake Group of Properties are located approximately 110 km northwest of Yellowknife, in the Northwest Territories.
Rover Metals owns a 100% interest in both the Slemon Lake and Camp Lake projects and holds a binding letter of intent with Silver Range Resources (TSXV: SNG) to acquire a 100% interest in the Cabin Lake project.
Historically, the Cabin Lake project was incubated, and explored by Grenville Thomas through his legacy company, Aber Resources, in the late 1980's. Rover Metals acquired over 10,000 meters of historical exploration data from North Arrow Minerals (TSXV: NAR) in March of this year.
Rover Metals is a natural resource exploration company specialized in Canadian precious metal resources and is currently focused on the Northwest Territories of Canada.
ON BEHALF OF THE BOARD OF DIRECTORS
Chief Executive Officer and Director
Statement Regarding Forward-Looking Information
This news release contains statements that constitute "forward-looking statements." Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause Rover's actual results, performance or achievements, or developments in the industry to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects," "plans," "anticipates," "believes," "intends," "estimates," "projects," "potential" and similar expressions, or that events or conditions "will," "would," "may," "could" or "should" occur. There can be no assurance that such statements will prove to be accurate. Actual results and future events could differ materially from those anticipated in such statements, and readers are cautioned not to place undue reliance on these forward-looking statements. Any factor could cause actual results to differ materially from Rover's expectations. Rover undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change
THE FORWARD-LOOKING INFORMATION CONTAINED IN THIS NEWS RELEASE REPRESENTS THE EXPECTATIONS OF THE COMPANY AS OF THE DATE OF THIS NEWS RELEASE AND, ACCORDINGLY, IS SUBJECT TO CHANGE AFTER SUCH DATE. READERS SHOULD NOT PLACE UNDUE IMPORTANCE ON FORWARD-LOOKING INFORMATION AND SHOULD NOT RELY UPON THIS INFORMATION AS OF ANY OTHER DATE. WHILE THE COMPANY MAY ELECT TO, IT DOES NOT UNDERTAKE TO UPDATE THIS INFORMATION AT ANY PARTICULAR TIME EXCEPT AS REQUIRED IN ACCORDANCE WITH APPLICABLE LAWS.
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SOURCE Rover Metals Corp.
For further information: Judson Culter, Email: [email protected], Phone: (604) 449-5347