STOCK TITAN

Rocky Shore Gold (RSGLF) Stock News

RSGLF OTC
Rhea-AI Summary

Rocky Shore Gold (RSGLF) discovered the MTH gold zone at its Gold Anchor Project and expanded its drill program to 20,000 metres. The Newfoundland discovery extends mineralization more than 400 metres east of the Mosquito Deposit’s current resource limits and remains open in all directions.

MTH drilling returned 154.78 metres at 0.34 grams of gold per tonne in MH-26-05 and 50.00 metres at 1.01 grams per tonne in MH-26-06. MH-26-08 returned 144.40 metres at 0.34 grams per tonne, including 48.90 metres at 0.73 grams per tonne. At Mosquito, MH-26-02 returned 94.10 metres at 0.77 grams per tonne, including 2.50 metres at 7.88 grams per tonne. The company interprets Mosquito and MTH as potentially part of a larger mineralized system. More than 60% of the interpreted intrusion associated with Mosquito remains untested; assays for MH-26-09 through MH-26-13 are pending.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
9.84%
Tags
none
-
Rhea-AI Summary

Rocky Shore Gold (OTCQB:RSGLF) has engaged Independent Trading Group to provide market-making services for its common shares. ITG will trade on the CSE and other trading venues, with the stated objective of maintaining a reasonable market and improving liquidity.

The agreement began October 21, 2026, for an initial one-month term, renewing monthly unless terminated. Either party can terminate with 30 days' notice. ITG and Rocky Shore are unrelated and unaffiliated; neither ITG nor its principals held an interest in the company's securities when the agreement began.

Rocky Shore also acknowledged $150,000 in financial support received for 2025 and approval of 2026 Junior Exploration Assistance from Newfoundland and Labrador.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
14.85%
Tags
none
-
Rhea-AI Summary

Rocky Shore Gold (RSGLF) identified antimony alongside gold in additional assays from the Lucky 13 zone at its Gold Anchor Project. Hole LP-26-12 returned 31.64 metres grading 1.39 grams per tonne gold equivalent, including 4.00 metres at 5.58 grams per tonne. Gold equivalent expresses the combined gold and antimony value. Hole LP-26-13 returned 15.02 metres at 2.71 grams per tonne gold equivalent.

Widely spaced drilling identified both metals over a 400-metre strike length and 450-metre dip extent. The zone remains open in all directions and is associated with an 11.0-kilometre airborne electromagnetic anomaly. Rocky Shore said drilling indicates grades increase with depth. Lane Pond drilling comprised 25 holes totalling 8,086 metres; additional assays remain pending. Hole 21 was abandoned because of caving before reaching its target. Drilling continues around the Mosquito Gold Deposit, 5.0 kilometres west.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-21.89%
Tags
none
Rhea-AI Summary

Rocky Shore Gold (RSGLF) closed the final tranche of its upsized non-brokered private placement, raising $1,977,925.50 in gross proceeds.

The final tranche issued 13,186,170 flow-through common shares, carrying Canadian tax treatment for exploration funding, at C$0.15 each. The full offering raised $5,205,375.60 through 34,702,504 flow-through shares. Proceeds will fund exploration and advancement of projects in central Newfoundland. The offering was increased to accommodate additional subscriptions with Canadian Securities Exchange consent.

The company paid cash finders fees and issued 682,170 finder's warrants, exercisable at $0.15 per share until April 15, 2028. Final-tranche securities have a statutory hold period expiring February 16, 2027. Insiders acquired 270,000 flow-through shares for approximately $40,500, under exemptions from formal valuation and minority shareholder approval requirements.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-21.89%
Tags
private placement
-
Rhea-AI Summary

Rocky Shore Gold (RSGLF) completed its Springdale Property acquisition through a wholly-owned subsidiary and made the initial Handcamp option payment.

Springdale consideration comprised $30,000 in cash and 285,000 common shares. The vendors retain a 2.5% net smelter return (NSR) royalty, a share of proceeds from mineral sales. The subsidiary may repurchase 60% of that royalty, representing a 1.5% NSR, at any time for $1,500,000 and has a right of first refusal over the royalty.

The initial Handcamp option payment comprised $150,000 in cash and 1,360,544 common shares; this payment does not represent a completed property acquisition. Rocky Shore also received $150,000 in financial support for 2025 and obtained approval for 2026 Junior Exploration Assistance administered by Newfoundland and Labrador's Mineral Incentive Program.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-21.89%
Tags
-
Rhea-AI Summary

Rocky Shore Gold (RSGLF) closed the first tranche of its non-brokered private placement on September 25, 2026, raising C$3,227,450.10 in gross proceeds. The company issued 21,516,334 flow-through common shares at C$0.15 per share. It said the proceeds will fund exploration and advancement of its projects in central Newfoundland. The placement was previously announced on September 17, 2026.

In connection with the closing, Rocky Shore Gold paid cash finders’ fees and issued 1,290,980 finders’ warrants to eligible finders for referred subscriptions. Each warrant can be exercised for one additional common share at C$0.15 until March 25, 2028. All securities issued in the first tranche are subject to a statutory hold period expiring January 26, 2027. The company owns the Gold Anchor and Rocky Pond VMS projects in central Newfoundland.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.95%
Tags
private placement
Rhea-AI Summary

Rocky Shore Gold (RSGLF) announced a non-brokered private placement of flow-through common shares to raise up to C$5,000,000 at C$0.15 per FT Share.

Proceeds are earmarked for exploration and advancement of the 100%-owned Gold Anchor and Rocky Pond VMS projects in central Newfoundland. The FT Shares will be subject to a hold period of four months and one day under Canadian securities laws, and finder’s fees may be paid to eligible parties. Insiders may participate, with the company expecting insider involvement to remain below 25% of market capitalization, enabling use of exemptions from formal valuation and minority approval requirements. The company also acknowledges C$150,000 of 2025 Junior Exploration Assistance and approval of 2026 JEA support from the Government of Newfoundland and Labrador.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.95%
Tags
private placement
-
Rhea-AI Summary

Rocky Shore Gold (RSGLF) entered an option for the Handcamp Property, purchased the Springdale Property, and staked additional claims in Newfoundland’s Roberts Arm VMS belt, creating the Rocky Pond VMS Project.

Handcamp hosts a near-surface gold-rich VMS zone with historical intercepts such as 1.96 g/t AuEq over 25.05 m from 13.05 m and 2.20 g/t AuEq over 21.95 m from 10.20 m, across a 1,200 m trend that remains open. The option terms require staged cash payments totalling $450,000, Rocky Shore shares worth $1.4 million, and $2.25 million in exploration over three years, after which the optionor retains a 2.0% NSR royalty and contingent payments of up to 5,000,000 shares tied to future NI 43-101 resource milestones. The Springdale Property was acquired outright for $30,000 and 285,000 shares, with a 2.5% NSR and a 1.5% NSR buyback for $1.5 million.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.95%
Tags
none
-
Rhea-AI Summary

Rocky Shore Gold (OTCQB:RSGLF) reported a new discovery, the Lucky 13 Gold Zone, from its inaugural 25‑hole, 8,086‑metre drill program at the 11‑km Lane Pond Gold Target within the Appleton Fault Corridor at the 100%-owned Gold Anchor Project in Newfoundland.

Lucky 13 highlights include hole LP‑26‑13 with 15.02 m grading 2.04 g/t Au, including 5.00 m at 3.85 g/t Au and 1.00 m at 5.70 g/t Au, beginning at 275.98 m. Gold mineralization has been intersected in multiple holes over an interpreted ~1,800 m strike and to depths exceeding 500 m, remaining open in all directions. At the nearby Mosquito Gold Deposit, modern 3D resistivity inversions suggest over 60% of the interpreted intrusive footprint lies outside current resource limits and outline the Mosquito Target Horizon, a potential higher‑grade corridor extending more than 600 m south of the deposit. A fully funded 5,000‑metre drill program has started to test this horizon and broader footprint.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.00%
Tags
none
Rhea-AI Summary

Rocky Shore Gold (CSE:RSG, OTCQB:RSGLF) has begun a first-phase drill program on a newly defined Mosquito Target Horizon, located immediately south of the Mosquito Hill Gold Deposit at its 100%-owned Gold Anchor Project in central Newfoundland.

The Target Horizon is based on a modern reinterpretation of historical geophysical data and 3D resistivity inversions, which show that about 63% of the interpreted intrusive footprint lies outside the currently drilled Mosquito Hill deposit. Drilling will focus on the high-gradient resistivity transition zone along the eastern margin, where historical higher-grade gold intersections are concentrated, and on untested targets to the west and southwest. Rocky Shore also acknowledged $150,000 in 2025 financial support and approval of 2026 Junior Exploration Assistance from the Government of Newfoundland and Labrador.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-14.97%
Tags
none

FAQ

What is the current stock price of Rocky Shore Gold (RSGLF)?

Rocky Shore Gold (RSGLF) last closed at $0.0730.

What is the market cap of Rocky Shore Gold (RSGLF)?

The market cap of Rocky Shore Gold (RSGLF) is approximately $18.3M.