Sorrento Resources Provides Update on Exploration on Rodgers Cove Project, Newfoundland
Rhea-AI Summary
Sorrento Resources (OTCQB: SRSLF) provided an exploration update for the Rodgers Cove Gold Project in Newfoundland and Labrador dated December 4, 2025. Key actions underway include four soil grids totaling 2,554 proposed sample locations to infill historic soil anomalies and drill permits submitted and currently pending. A >60-line-kilometre ground magnetics survey is planned to finish before the end of 2025 over target areas. The company expects drilling to commence in early 2026. The release includes maps showing proposed soil sampling and magnetics grids with plotted historical soil values.
Positive
- 2,554 proposed soil sample locations underway
- >60 line-km ground magnetics planned before end of 2025
- Planned drilling in early 2026 provides near-term catalyst
Negative
- Drill permits are submitted and pending, creating timing uncertainty
- No drill results or new assay data reported in this update
Key Figures
Market Reality Check
Peers on Argus
Within Basic Materials / Other Industrial Metals & Mining, key peer SILVER SPRUCE RES INC NEW (SSEBF) showed a 16.02% move, while other close peers (CASXF, FLMCF, CVVRF, TRRGF) were flat at 0%, indicating no broad, aligned sector move tied to this exploration update.
Market Pulse Summary
This announcement detailed the next steps at the Rodgers Cove Gold Project, including 2,554 planned soil sample locations, a >60-line kilometer ground magnetics survey targeted for completion by the end of 2025, and drilling expected in early 2026. Investors may track execution against these timelines and any follow-up results from soil geochemistry and geophysical work to assess how effectively these programs refine drill targets and advance the project.
Key Terms
ground magnetics survey technical
AI-generated analysis. Not financial advice.
Vancouver, British Columbia--(Newsfile Corp. - December 4, 2025) - Sorrento Resources Ltd. (CSE: SRS ) (OTCQB: SRSLF) (the "Company" or "Sorrento") a Canadian exploration company focused on the acquisition, exploration, and development of mineral projects in Atlantic Canada, is pleased to provide an update on exploration activities on the Rodgers Cove Gold Project (the "Project") located in the province of Newfoundland and Labrador.
Highlights:
Rogers Cove
- Four separate soil grids consisting of a total of 2,554 proposed soil sample locations are currently underway. Grids are designed to infill historic soil anomalies.
- Drill Permits have been submitted and are currently pending.
- A >60-line kilometer ground magnetics survey is currently planned to be completed before the end of 2025 over areas to be drill tested.
- Drilling to commence in early 2026
Figure 1. Proposed soil sampling program currently underway on the Rodgers Cove Gold Project. Historical soil values are also plotted.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/9602/276845_eaff0375a4620b06_002full.jpg
Figure 2. Proposed ground magnetics grid on the Rodgers Cove Gold Project. Historical soil values are also plotted.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/9602/276845_eaff0375a4620b06_003full.jpg
About the Rodgers Cove Project
The Rodgers Cove Project is located in Gander Bay, Newfoundland and Labrador near the town of Rodgers Cove and less than 50km north of Gander, a town with a skilled workforce and an international airport. The property is located in a strategic position, as it is on tidewater and is accessible via forest access roads. There is also a nearby transmission line.
It has four mineral licenses totaling 2,475 hectares (99 claims) in the Central Newfoundland Gold Belt (CNGB) an area known for hosting multiple gold discoveries along major deformation zones. Located within the Exploits Subzone, along the Appleton and JBP Faults, key structural corridors associated with major gold systems.
Limited exploration has been undertaken on the property. It has never seen a diamond drill and very limited geophysical methods have been completed. The most recent exploration, a limited trenching program, yielded very encouraging results (115.6 g/t Au over 1m), that were never followed up on.
Figure 3. Location of the Rodgers Cove Property with respect to notable companies as well as the Appleton Fault.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/9602/276845_eaff0375a4620b06_004full.jpg
Management Commentary
Alex Bugden, P. Geo., Director and Qualified Person of Sorrento Resources Ltd., commented, "We are very excited to announce the commencement of exploration activities on the Rodgers Cove Property. This will provide us with the data we need to define drill targets for early 2026. The project has immense potential with high grade gold, near surface, in a top tier jurisdiction, and never being drill tested."
Qualified Person
Alex Bugden, P. Geo., a Qualified Person in accordance with National Instrument 43-101, has reviewed and approved the technical information contained in this press release.
About Sorrento Resources Ltd.
Sorrento is engaged in acquisition, exploration, and development of mineral property assets in Canada. Sorrento's objective is to locate and develop economic precious and rare earth element, gold, and base metal properties of merit in including the Bottom Brook Project, Rodgers Cove Gold, and Harmsworth (VMS) project all located in Newfoundland.
On Behalf of The Board of Directors,
SORRENTO RESOURCES LTD.
"Signed"
Alex Bugden
President, Chief Executive Officer, and Qualified Person
investors@sorrentoresources.ca
709-693-4088
Disclaimer for Forward-Looking Information
This news release contains certain forward-looking statements within the meaning of applicable securities laws. All statements that are not historical facts, including without limitation, statements regarding future estimates, plans, programs, forecasts, projections, objectives, assumptions, expectations or beliefs of future performance, including statements with respect to the Project and its mineralization potential, the Company's objectives, goals or future plans with respect to the Project and the timing of results are "forward-looking statements". Although the Company believes that such statements are reasonable and reflect expectations of future developments and other factors which management believes to be reasonable and relevant, the Company can give no assurance that such expectations will prove to be correct. Forward-looking statements are subject to a number of risks and uncertainties, including those detailed from time to time in filings made by the Company with securities regulatory authorities, which may cause actual outcomes to differ materially from those discussed in the forward-looking statements. These factors should be considered carefully, and readers are cautioned not to place undue reliance on such forward-looking statements. The forward-looking statements and information contained in this news release are made as of the date hereof and the Company undertakes no obligation to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws.
Neither the CSE nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/276845
FAQ
What exploration work did Sorrento Resources (SRSLF) announce for Rodgers Cove on December 4, 2025?
How many soil samples will Sorrento (SRSLF) collect at Rodgers Cove and why?
When does Sorrento expect to start drilling at the Rodgers Cove project (SRSLF)?
What geophysical work is planned by Sorrento (SRSLF) at Rodgers Cove and what is the timing?
Are drill permits for the Rodgers Cove project approved for Sorrento (SRSLF)?
