Business
RJK Explorations receives drill permitting for Blackwater
RJX.A KIRKLAND LAKE, ON, May 27, 2013 /CNW/ - RJK Explorations Ltd. (TSXV: RJX.A)...
About this update from Rjk Explorations Ltd. Class A
[{"type":"text","content":"\n\n\nRJX.A\n\n\nKIRKLAND LAKE, ON, May 27, 2013 /CNW/ - RJK Explorations Ltd. (TSXV: RJX.A) (the \"Company\"), wishes to announce\n that the company has now received a multi-year, area based drill permit\n for its West Grid 4 anomaly located within the company's 100% owned\n 8,250 hectare Blackwater West Property in Central B.C.\n\n\nThe West Grid 4 anomaly is a north-south striking deposit scale sized\n 1,200 meter long by 300-500 meter wide moderate to high chargeability\n IP geophysical anomaly and having an intimately associated base metal\n soil anomaly over areas geochemically surveyed during the last field\n season. The West Grid 4 anomaly is located approximately 3 kilometers\n north-west of Independence Gold's \"3Ts\" gold/silver deposit, 16\n kilometers south west of New Gold's \"Davidson\" gold/silver deposit and\n 23 kilometers south of New Gold's \"Capoose\" gold/silver deposit.\n\n\nTwo drill holes completed in the vicinity of the West Grid 4 anomaly\n last season returned highly anomalous disseminated and stringer type\n mineralization in Rhyolite and Rhyolite Fragmental rocks with the best\n intersection being, 23.1 g/t silver, 0.22% copper, 0.64% zinc, 0.12%\n lead over 2.0 meters in drill hole BWW12-02 and 2.78 g/t silver, 0.29%\n zinc, 0.24% lead over 37.0 meters (including 5.76 g/t silver, 0.60%\n zinc and 0.45% lead over 11.0 meters) in drill hole BWW12-03.\n\n\nRJK intends to conduct drill testing of this anomaly as conditions\n permit.\n\n\nFred Sharpley, P.Geo., the Company's VP of Exploration and qualified\n person for the Blackwater project has reviewed and approved the\n contents of this news release.\n\n\nForward-Looking Information\n\n\nThis news release contains forward-looking information which is not\n comprised of historical facts. Forward-looking information involves\n risks, uncertainties and other factors that could cause actual events,\n results, performance, prospects and opportunities to differ materially\n from those expressed or implied by such forward-looking information.\n Forward looking information in this news release includes, but is not\n limited to, the Company's anticipated use of proceeds from the\n Offering. Factors that could cause actual results to differ materially\n from such forward-looking information include, but are not limited to,\n failure to obtain TSX Venture Excha...