Toronto, Ontario – (June 12, 2017) – RJK Explorations Ltd. (TSX VENTURE: RJX.A) (“RJK“) announces that drilling of the RJK Deep Hole 1 commenced as of Monday, June 5th with an initial targeted drill length of over 1000m. The RJK Deep Hole 1 drill location was supplied by Earth Science Services Corporation (“ESSCO”), using a drill target modelling interpretation system, Stargate II (“SGII”), which employs an enhanced deep-penetrating ultra-sonic AMT (Audio-Magnetotellurics) geophysical survey.
RJK Deep Hole 1 Drilling – Glenn Kasner, President of RJK, comments that “ESSCO approached RJK , stating that they had identified a geophysical anomaly on RJK’s 100% owned Maude Lake Property in an area that, to RJK’s knowledge, has never been drilled. RJK has decided to test that geophysical anomaly by drilling a test hole, which will be known as the RJK Deep Hole 1.”
Phase 2 Drill Results – RJK would like to provide an update on the pending drill results from Phase 2 of the drill program on the 100% owned Maude Lake Gold deposit. Due to the large number of samples that were sent in for assay combined with a backlog at the assay lab, the complete assay results should be available shortly and RJK will release those results as soon as they are received
Further details of the RJK and ESSCO Service Agreement for the drilling of this test hole were disclosed in the RJK news release dated May, 29, 2017.
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Disclosure Regarding Forward-Looking Statements: This press release contains certain “Forward-Looking Statements” within the meaning of applicable securities legislation. We use words such as “might”, “will”, “should”, “anticipate”, “plan”, “expect”, “believe”, “estimate”, “forecast” and similar terminology to identify forward looking statements and forward-looking information. Such statements and information are based on assumptions, estimates, opinions and analysis made by management in light of its experience, current conditions and its expectations of future developments as well as other factors which it believes to be reasonable and relevant. Forward-looking statements and information involve known and unknown risks, uncertainties and other factors that may cause our actual results to differ materially from those expressed or implied in the forward-looking statements and information and accordingly, readers should not place undue reliance on such statements and information. Risks and uncertainties are more fully described in our annual and quarterly Management’s Discussion and Analysis and in other filings made by us with Canadian securities regulatory authorities and available at www.sedar.com. While RJK believes that the expectations expressed by such forward-looking statements and forward-looking information and the assumptions, estimates, opinions and analysis underlying such expectations are reasonable, there can be no assurance that they will prove to be correct. In evaluating forward-looking statements and information, readers should carefully consider the various factors which could cause actual results or events to differ materially from those expressed or implied in the forward looking statements and forward-looking information.
For further information, please contact:
Glenn Kasner, President
Telephone: (705) 567-5351
Mobile: (705) 568-7567