Rocky Shore Gold Ltd. has taken a significant step to consolidate its land package in one of Canada's most promising gold districts. The Toronto-based company announced on December 2, 2025, that it has secured agreements to acquire key mining claims adjacent to its flagship Gold Anchor Project in central Newfoundland.
Strategic Acquisitions Enhance Land Position
Through a wholly-owned subsidiary, Rocky Shore (CSE: RSG) entered into both an option agreement and a purchase agreement. The deals target the Huxter Lane and Brady properties, which sit directly beside the company's existing Gold Anchor Project. Upon completion, these acquisitions will substantially expand Rocky Shore's strategic footprint in the region, an area considered a highly prospective gold belt.
The company highlights that the Gold Anchor Project is now the second-largest project by claim count in the emerging district, trailing only New Found Gold's extensive Queensway Project. The newly acquired properties host two known gold deposits: Mosquito Hill and Reid.
Details of the Historical Gold Resources
The larger of the two acquisitions is the Huxter Lane Property, comprising 90 claims over 2,250 hectares. It hosts the Mosquito Hill Gold Deposit, classified as a porphyry-controlled system. A historical technical report filed in 2010 under National Instrument 43-101 standards outlined a significant resource.
The historical estimate for Mosquito Hill includes an indicated resource of 196,257 ounces of gold (11.18 million tonnes at 0.55 g/t gold) and a much larger inferred resource of 569,496 ounces (38.76 million tonnes at 0.46 g/t gold).
The smaller Brady Property consists of four claims covering 100 hectares and is home to the Reid Gold Deposit, also a porphyry-controlled system. A 2013 NI 43-101 report for this property cited a historical inferred mineral resource of 173,000 ounces of gold (9.57 million tonnes at 0.56 g/t gold).
Important Disclosure on Historical Data
Rocky Shore was careful to note that a qualified person has not done sufficient work to classify these historical estimates as current mineral resources. The company stated it is not treating the historical figures as current mineral resources. These numbers provide a geological guide but require modern verification and analysis to be considered compliant with current standards.
Geological Context and Future Potential
The strategic value of the acquisitions extends beyond the historical resource numbers. Both the Mosquito Hill and Reid deposits are located near the 11-kilometre-long Lane Pond Gold Target. This target is associated with the prolific, gold-bearing Appleton Fault Zone, a major structural feature known for hosting high-grade gold mineralization in Newfoundland.
By consolidating these claims, Rocky Shore gains control of a more contiguous and geologically compelling land package. This allows for more efficient and targeted exploration programs aimed at validating and potentially expanding the known mineralization.
The move signals Rocky Shore's commitment to advancing its position in central Newfoundland, a region that has attracted substantial exploration investment and become a focal point for gold discovery in Eastern Canada. The company's next steps will likely involve detailed planning for exploration campaigns to follow up on these historical resources.
