Rockland Resources signs earn-in deal with Evolution Mining for up to 70% of Pipestone Bay gold ground in Red Lake, Ontario

Bitget2026/10/02 12:02

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Rockland signed an arms-length earn-in agreement with Evolution Mining’s Canadian unit to consolidate the Pipestone Bay gold system in Red Lake, Ontario.
Deal lifts the project footprint to about 3,471 hectares from 608 hectares, surrounding Rockland’s 100%-owned Cole Gold Mine property.
Rockland can earn 51% by issuing 250,000 shares and funding CAD 5 million in exploration over three years.
Option to raise its stake to 70% with 250,000 more shares and at least CAD 6.5 million of added exploration spending over 30 months.
Evolution can buy back to 70% if an NI 43-101 resource of at least 1.5 million gold-equivalent ounces is declared, paying 150% of costs.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Rockland Resources Ltd published the original content used to generate this news brief on October 02, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Rockland Resources signs earn-in deal with Evolution Mining for up to 70% of Pipestone Bay gold ground in Red Lake, Ontario

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