Business
RJK Begins Drilling Goldie Gold Property
KIRKLAND LAKE, ON, Nov. 8 /CNW/ - RJK Explorations Ltd., (RJX.A: TSXV) wishes to report that afte...
About this update from Rjk Explorations Ltd. Class A
[{"type":"text","content":"\n\n\n\nKIRKLAND LAKE, ON, Nov. 8 /CNW/ - RJK Explorations Ltd., (RJX.A: TSXV)\nwishes to report that after a considerable delay with regards to the drill\ncontractor that the drill rig is now on the property and has begun the\npreviously announced 3,000 meter drill program on the "Goldie Property"\nlocated on the Trans Canada Highway approximately 50 kilometers west of\nThunder Bay, Ontario. The Goldie property is a joint-venture with GLR\nResources (GRS:TSX).\n\n\nThis second phase drill program is designed to follow-up on the newly\ndiscovered non outcropping "South Zone" which has a geophysical expression of\nat least 1,600m. To date, four shallow and widely spaced drill holes covering\na strike length of approximately 500 meters and to a vertical depth of\napproximately 50 meters have penetrated the gold horizon, which consists of\naltered syenites and has returned gold values of 6.55 g/t over 1.0 meter and a\nbroader intersection of 1.53 g/t over 10.0 meters. (see news release of August\n14, 2007).\n\n\nAdditional sampling of drill core from diamond drill hole GLD 07-10 has\nresulted in an overall grade increase to 1.56 g/t Au over 11.1 meters\n(36.4 feet) or 1.91 g/t Au over 9.1 meters (29.8 feet). The current drill\nprogram will test this horizon for its depth and strike potential.\n\n\nMr. J. Garry Clark, P.Geo. is the qualified person that has reviewed the\ncontents of this news release.\n\n\n-------------------------------------------------------------------------\nHole Location Dip Interval Length Au g/t Testing\n-------------------------------------------------------------------------\nGLD07-10 L117+00E/ -45 78.0 to 89.1 m 11.1m/ 1.53 S/IP Target\n 97+70N 255.8 to 292.2 ft 36.4 ft\n-------------------------------------------------------------------------\n 80.0 to 89.1 m 9.1m/ 1.91\n 262.4 to 292.2 ft 29.8ft\n-------------------------------------------------------------------------\n\n\nForward Looking Statements: This news release contains certain\nforward-looking statements. These forward-looking statements are subject to a\nvariety of risks and uncertainties beyond RJK's ability to control or predict\nwhich could cause actual events or results to differ materially from those\nanticipated in such forward-looking statements. Although RJK believes that the\nassumptions inherent in the forward-loo...