KIRKLAND LAKE, ON, Dec. 11 /CNW/ - RJK Explorations Ltd. (RJX.A: TSXV) reports that it has received assays from five drill holes on its Goldie Property located on the Trans Canada Highway approximately 30 miles west of Thunder Bay Ontario. The 3,760 acre Goldie Property is a joint-venture with GLR Resources Inc. (GRS: TSX).
The second phase, 2,500m drill program was initiated following the diamond drilling discovery (see news release of August 14, 2007) of a non-outcropping, gold-bearing zone. This zone was first indicated by a geophysical anomaly extending over a considerable strike length on the property.
Drilling to date indicates that the auriferous zone appears to be a near-surface, flat-lying structure striking in an east-west direction with a dip of approximately 5-10 degrees south. Host rocks include highly altered, deformed sediments, chlorite (to actinolite) schists; distinct feldspathic dykes and hybrid zones.
Below is a listing of drill hole locations, and assay intervals
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Hole Location Dip Interval Length Au g/t
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GLD07-18 113+00E -63 degrees drilled N 57.5-67.2m 9.7m 2.03
96+65N (31.8 ft)
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GLD07-19 112+00E -45 degrees drilled N 49.0-62.0m 13.0m 0.91
97+70N (42.7ft)
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Including 52.0-56.0m 3.0m 2.20
(9.8 ft)
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(x)GLD07-20 111+00E -45 degrees drilled N 16.9-20.0m 3.1m 3.00
97+75N (10.2 ft)
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(x)GLD07-21 110+00E -60 degrees drilled N NSV
97+60N
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GLD07-22 115+00E -45 degrees drilled N 74.2-77.0m 2.8m 0.87
97+85N (9.2 ft)
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(x) GLD07-20: collared into gold zone
(x) GLD07-21: possible overshoot of zone; NSV no significant values;
pending statistics
Diamond drill core has been sawn, with half the core being stored at secure facilities Conmee Township and the other half sent to Polymet Inc. Laboratories of Cobalt, Ontario. Mr. Julius Hava P.Geo. is the qualified person for the information contained in this press release and is a Qualified Person within the meaning of National Instrument 43-101.
For further information please see the company website at www.rjkexplorations.com to view a map showing the drill hole locations and geophysical trends for the Goldie Property.
Forward Looking Statements: This news release contains certain forward-looking statements. These forward-looking statements are subject to a variety of risks and uncertainties beyond RJK's ability to control or predict which could cause actual events or results to differ materially from those anticipated in such forward-looking statements. Although RJK believes that the assumptions inherent in the forward-looking statements are reasonable, undue reliance should not be placed on these forward-looking statements.
The TSX Venture Exchange has not reviewed and does not accept the
responsibility for the adequacy or accuracy of this release.