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The Cole Gold Mines Property has remained virtually untouched for more than 50 years, offering a rare opportunity to advance a historic high-grade gold project in one of Canada’s most productive mining camps.
The Cole Gold Mines Property is located on the west side of the Red Lake district, directly adjoining West Red Lake Gold Mines Ltd. (TSXV: WRLG). Rockland became the first and only public company to own the project after acquiring it in 2020, following the expiry of the Cole Estate patents. The property has a long history dating back to the 1930s, when underground development included a 162-metre exploration shaft and 2,134 metres of lateral workings across three levels.
The Red Lake mining camp is one of the most prolific gold districts in Canada, having produced more than 30 million ounces of gold from 28 mines. The Cole Gold Mines Property sits within the Pipestone Bay Deformation Zone, approximately 30 kilometres west of the Cochenour, Campbell, and Red Lake Mine Complex. Its position places it among some of the district’s most significant operations and discoveries, including Evolution Mining’s Red Lake Mine Complex, Kinross’s Great Bear Project, and West Red Lake Gold Mines' Madsen Mine.
The property hosts multiple new high-grade surface showings, with grab samples returning values of up to 57.7 g/t Au. Several drill-ready targets have been identified along untested lineaments and west of the historic shaft, while the main vein system remains open below 200 metres depth. With very limited modern exploration, Cole Gold Mines represents a unique opportunity to unlock the potential of a historic high-grade gold property.
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