Cabin Gold Group of Projects

Slemon Gold Project

Slemon Gold is located 125 kilometers northwest of Yellowknife and 4 kilometers northwest of the Cabin Gold project. Exploration first began in the area in 1939. There were two historic small exploration adits. The north shaft averaged 7.2 g/t Au across 0.98 meters and had a depth of 4.6 meters. The south shaft had a depth of 8 meters, and averaged 63.1 g/t Au over 0.24 meters. There has been a total of 44 diamond drill holes totaling 1,546 meters drilled to date. There is very poor information on the historical results but it is clear that there are many small but very high-grade zones contained within quartz veining/lensing and that these zones are both coincident with, or associated to, iron formation and/or quartz feldspar porphyry dikes.

Exploration – Summer 2021

As part of Rover’s summer 2021 Phase 2 Exploration program at its Cabin Gold project, the Company also flew a regional airborne high-resolution magnetic/VLF survey and airborne LiDAR imaging study. One of the goals of the surveys was to further delineate the Slemon Gold iron formation. The results of the summer 2021 survey are still pending. Rover intends to follow-up the survey results with a drone-assisted magnetic survey which will be flown closer to surface and with tighter line spacing. Rover also intends to follow-up with ground IP work.

Technical information for Slemon Gold has been approved by Raul Sanabria, P.Geo., Technical Advisor and shareholder of Rover Metals Corp. and the Qualified Person for the purposes of National Instrument 43-101.