KIRKLAND LAKE, ON, Nov. 8 /CNW/ - RJK Explorations Ltd., (RJX.A: TSXV) wishes to report that after a considerable delay with regards to the drill contractor that the drill rig is now on the property and has begun the previously announced 3,000 meter drill program on the "Goldie Property" located on the Trans Canada Highway approximately 50 kilometers west of Thunder Bay, Ontario. The Goldie property is a joint-venture with GLR Resources (GRS:TSX).
This second phase drill program is designed to follow-up on the newly discovered non outcropping "South Zone" which has a geophysical expression of at least 1,600m. To date, four shallow and widely spaced drill holes covering a strike length of approximately 500 meters and to a vertical depth of approximately 50 meters have penetrated the gold horizon, which consists of altered syenites and has returned gold values of 6.55 g/t over 1.0 meter and a broader intersection of 1.53 g/t over 10.0 meters. (see news release of August 14, 2007).
Additional sampling of drill core from diamond drill hole GLD 07-10 has resulted in an overall grade increase to 1.56 g/t Au over 11.1 meters (36.4 feet) or 1.91 g/t Au over 9.1 meters (29.8 feet). The current drill program will test this horizon for its depth and strike potential.
Mr. J. Garry Clark, P.Geo. is the qualified person that has reviewed the contents of this news release.
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Hole Location Dip Interval Length Au g/t Testing
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GLD07-10 L117+00E/ -45 78.0 to 89.1 m 11.1m/ 1.53 S/IP Target
97+70N 255.8 to 292.2 ft 36.4 ft
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80.0 to 89.1 m 9.1m/ 1.91
262.4 to 292.2 ft 29.8ft
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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.
Web Site: http://www.rjkexplorations.com