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RJK Drills 7 Reconnaissance Holes at Dorion, Stakes Substantial Magnetic Feature
KIRKLAND LAKE, ON, Aug. 27 /CNW/ - RJK Explorations Ltd. ("RJK") (TSX VENTURE: RJX.A) announces t...
About this update from Rjk Explorations Ltd. Class A
[{"type":"text","content":"\n\n\n\nKIRKLAND LAKE, ON, Aug. 27 /CNW/ - RJK Explorations Ltd. ("RJK") (TSX\nVENTURE: RJX.A) announces that it has completed the first 7 holes of a\nreconnaissance drilling program on its Dorion South Platinum/Palladium Cu Ni\nProject.\n\n\nDrilling was conducted in three areas on the property. Two of the areas\nwere drill tested to confirm and expand on geological results obtained in a\nprevious historic drill program completed in 1965 as well as in one other area\nto test a long, linear magnetic trend. Substantial intersections of magnetic\ngabbroic rocks with trace chalcopyrite mineralization were intersected in the\ndrilling. A number of samples were submitted to Swastika Laboratories for\nassay and were found to contain only trace amounts of Cu, Ni, Au, Pt and Pd.\nAssaying was carried out at Swastika Laboratories. Standards, blanks and\nduplicates were used in the samples submitted for analysis.\n\n\nAdditional drilling has been recommended by the company's consultant to\npotentially locate the fissure vent(s) for a source of ultramafic peridotite.\nRJK intends to follow this recommendation by completing a series of vertical\nholes to depth at a number of sites specific to the strongest magnetic\nanomalies within the intrusions.\n\n\nRJK also announces that it has completed staking a new property\nconsisting of a substantial, roughly circular, magnetic anomaly northwest of\nThunder Bay, Ontario, covering approximately 1500 hectares. RJK was informed\nof the potential of this feature by a local prospector with considerable\nknowledge of the area. Recent prospecting has revealed mafic - ultramafic\nrocks containing elevated copper values. A finder's fee will be paid to in\naccordance to TSXV regulations.\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-looking statements are reasonable, undue\nreliance should not be placed on these forward-looking statements.\n\n\nNeither the TSX Venture Exchange nor its Regulation Services Provider\naccepts responsi...