RJK Receives Positive SGH Results from Three Different Targets and Increases Its Land Position by 7,500 Hectares
Kirkland Lake, Ontario--(Newsfile Corp. - January 21, 2020) - RJK Explorations Ltd. (TSXV: RJXA) (OTC: RJKAF) ("RJK" or the "Company") is pleased to announce that it has received positive results from its SGH (Spatiotemporal Geochemical Hydrocarbon) soil sampling program, conducted on three separate geophysical targets which the company has identified as potential kimberlite pipes.
SGH analysis is used to identify potential mineralized bodies by testing the hydrocarbon ratios in the parts-per-trillion (ppt) present in the soil. Hydrocarbon signatures tend to be unique above different geological structures which allow the test to identify a range of different minerals as well as kimberlite. The results are graded on a scale of 0-6, with 4/6 being the first level of confidence for further testing, and 6/6 being the most prospective.
Both the T1 and T2 targets tested positive for kimberlite with a 5/6 and the Paradis geophysical anomaly scored 4.5/6. These initial SGH results are a very encouraging and the company plans to test each location during its winter drilling program. Limited drilling was completed at Paradis last spring; however, after further analysis, the drilling did not adequately intersect the geophysical anomaly and will require follow up drilling.
RJK is also pleased to announce that it has acquired an additional 150 mineral claims through staking, comprising of approximately 7,500 hectares. The company now holds a dominant land package in the Cobalt mining camp with over 35 potential kimberlite targets slated for follow up testing. Please refer to figure 1 for full claim boundaries.
Mr. Peter Hubacheck, P.Geo, Project Manager for RJK is the Qualified Person as defined by National Instrument 43-101 and has approved the technical disclosure in this release.
Glenn Kasner, President
Mobile: (705) 568-7567
Web Site: https://www.rjkexplorations.com/
Company Information: Tel: (705) 568-7445
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward Looking Information
This news release includes certain forward-looking statements, which may include, but are not limited to, statements concerning future mineral exploration and property option payments. Any statements contained herein that are not statements of historical facts may be deemed to be forward-looking, including those identified by the expressions "will", "anticipate", "believe", "plan", "estimate", "expect", "intend", "propose" and similar expressions. Forward-looking statements involve known and unknown risks and uncertainties that could cause actual results, performance, or achievements to differ materially from those expressed or implied in this news release. Factors that could cause actual results to differ materially from those anticipated in this news release include, but are not limited to, the financial resources of the Corporation being inadequate to carry out its stated plans. RJK assumes no obligation to update the forward-looking statements or to update the reasons why actual results could differ from those reflected in the forward-looking statements except as required by applicable law.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/51697