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JKS Resources Inc. Reports Drilling Result
May 16, 2023 8:00 AM EDT | Source: JKS Resources Inc.
Vancouver, British Columbia--(Newsfile Corp. - May 16, 2023) - JKS RESOURCES INC. (CSE: JKS) ("JKS" or the "Company") reports the result of its maiden reverse circulation drill program on its Sowchea Property, located in the Omineca Mining Division, British Columbia.
The drill program involved 12 holes totaling 272m. None of the holes encountered anomalous gold. The Company's geological team is evaluating the historical data on the Sowchea Property to consider the next phase of exploration.
The following table sets forth the location, azimuth, dip and depth of each drill hole.
| Drill Hole ID. | UTM | Dip (degrees) | Total Depth (m) | |
| East (m) | North (m) | |||
| SP23-01 | 402313 | 6026102 | -90 | 28.96 |
| SP23-02 | 402746 | 6026914 | -90 | 28.96 |
| SP23-03 | 401809 | 6027059 | -90 | 4.57 |
| SP23-04 | 402620 | 6027448 | -90 | 28.96 |
| SP23-05 | 402695 | 6027439 | -90 | 28.96 |
| SP23-06 | 402620 | 6027452 | -90 | 28.96 |
| SP23-07 | 402692 | 6027436 | -90 | 28.96 |
| SP23-08 | 402773 | 6027429 | -90 | 28.96 |
| SP23-09 | 401769 | 6027047 | -90 | 19.81 |
| SP23-10 | 401582 | 6027135 | -90 | 16.76 |
| SP23-11 | 401048 | 6027502 | -90 | 14.63 |
| SP23-12 | 400849 | 6027502 | -90 | 13.72 |
JKS follows industry-recognized standards of best practice and quality assurance/quality control. Twenty-two rock samples were submitted to Actlabs for fire assay. Actlabs (ISO/IEC 17025) is independent of JKS. To date, all batches have passed QAQC, and blanks and CRMs were within acceptable tolerance limits.
About JKS Resources Inc.
JKS is engaged in the business of exploration of gold focused mineral properties. JKS holds an option to acquire a 100% interest in the Sowchea Property, subject to a 1% gross over-riding royalty interest in the revenue from the sale of production (the "GORR"). JKS has the right to purchase half of the GORR for $1,000,000 at any time. The Sowchea Property consists of three mineral claims covering approximately 2,280 hectares in the Omineca Mining Division of Central British Columbia.
The scientific and technical information contained in this news release has been reviewed and approved by Peter Born, P. Geo., a Qualified Person for the purpose of NI 43-101. Mr. Born is not independent as he is a director of the Company.
For more information please contact:
Gunther Roehlig
CEO, President & Director
T: 604-617-5421
Email: groehlig@gmail.com
This news release includes certain statements that may be deemed "forward-looking statements", including statements respecting the services to be provided by JKS. The use of any of the words "anticipate", "continue", "estimate", "expect", "may", "will", "would", "project", "should", "believe" and similar expressions are intended to identify forward looking statements. Although JKS believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because JKS can give no assurance that they will prove to be correct. Since forward-looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. These statements speak only as of the date of this news release. Actual results could differ materially from those currently anticipated due to a number of factors and risks including various risk factors discussed in JKS's disclosure documents which can be found under JKS's profile on www.sedar.com.
Neither the Canadian Securities Exchange ("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 news release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/166185